Latest Posts with Ampleforth (AMPL) tag

Ampleforth (AMPL)

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Ampleforth (AMPL) is a digital asset, intended to act as a synthetic commodity, similar to Bitcoin and gold. The project gets its name from a character in George Orwell’s novel, 1984.

Founded by Brandon Iles and Evan Kuo, Ampleforth was designed to overcome some of the shortcomings held by assets in the cryptocurrency market, namely their volatile nature. The network’s use of a price-supply equilibrium algorithm is unique, taking into account both supply and price to reach an equilibrium that changes a holder’s supply, but not the price of the token.

While this may suggest that Amples are stablecoins and remain stable in value, they are indeed not. Ampleforth’s whitepaper covers how new baselines in token prices are reached over a period of time. The essence of this idea is that the supply of Ampleforth tokens contract or expand according to demand. The team states that this applies countercyclical pressure and keeps the price stable for long runs.

However, Ampleforth’s resistance to volatility is only one of the positive outcomes from its technical architecture, which the team states will also support medium and long term uses of acting as reserve collateral in decentralized banks and act as an alternative to central bank money, in addition to the short term use as a synthetic commodity digital asset.

Many of the project’s team members are former employees of some of Silicon Valley’s biggest companies, including Google and Uber, and graduates from Yale and Berkeley.

Learn more about Ampleforth (AMPL) here, including news, price predictions, opinions and analyses created by users.


Ampleforth AMA from 10th September - Summary

10 Sep 2020 3 minute read 53 comments Ampleforth

Ampleforth runs a Bi-Weekly “office hours” session (AMA) on Discord in which we try to answer any questions put forward by AMPL holders. Today, office hours were held by Brandon Iles, founder of Ampleforth, alongside Simon Manka, Head of Growth. If y...

Ampleforth - New Wave

30 Aug 2020 6 minute read 25 comments Mynima

Introduction The Ampleforth token seems to have a real love/hate relationship with the general/crypto public. Being a highly experimental concept (token elasticity) you only have to scroll through the comments in Reddit for a couple of minutes to see...

Ampleforth reloaded - a missadventure without happy-end

26 Aug 2020 3 minute read 3 comments Heruvim78

After exactly 1 month, i decided to remove my liquidity from Uniswap, as it seems that it is not profitable anymore, and the yield farming is not that great also. For exactly 30 days, i received 54 AMPL, evaluated at 35.57 USD.  Not bad for a month,...

DefiPie! Black horse of crypto and defi 2021!

24 Aug 2020 2 minute read 1 comment Savastano

Firstly, I was a little skeptical about when first time someone told me that DefiPIE is a good investment...Now is so many defi projects... hard to choose one or few the best.I remember, that in this month about this project talk CryptoZombie on him...

23.08.2020 - Another day into Cryptoverse

22 Aug 2020 3 minute read 1 comment Heruvim78

  Getzen faucet introduced 4 tiers of refferals, and it is doing that retroactively, so, if you have account on the platform, check this good news, if not, may be it is the time to do it. They offer decent amounts of Horizen (ZEN) and the Sphere wal...

Ampleforth Launches 9 New $AMPL Faucets for Liquidity Providers

21 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

The Ampleforth (AMPL) Foundation announced the launch of 9 new liquidity pools for its $AMPL token. Ampleforth's liquidity program called Geyser initially launched on June 23. The team now decided to expand beyond Uniswap, making 9 pools at mooniswap...

SoftLink - An elastic cryptocurrency pegged to Link

20 Aug 2020 1 minute read 0 comments Alexdotleo

SoftLink is a new cryptocurrency that is inspired by two big things: 1) $LINK and 2) $AMPL. SLINK is not live yet but it will soon be available on Uniswap. Also, this project is part of the TrustSwap Launchpad and if you hold at least 10k $SWAP token...

Independent Currency in a Multi-Chain World

20 Aug 2020 4 minute read 1 comment Ampleforth

Originally posted Feb 4th, 2019 Ethereum, EOS, STEEM, ONT, NEO, NAS, Cardano, Tezos, POA, Dfinity, ThunderCore, Solana, RChain, Oasis Labs, Zilliqa, VeChain… there are enough Layer-1 blockchain projects released, or nearing release, that it’s hard fo...

Recent Price Action Affirms My AMPL Strategy

19 Aug 2020 1 minute read 0 comments Sapphire

There Is Only One Way To  Trade AMPL In my recent article "My Ampleforth Strategy!", I went into detail describing my strategy in regards to Ampleforth. Now, at the time of writing the article AMPL had been spending weeks and months above a dollar an...

IS THIS IS RIGHT TIME TO INVEST IN AMPLEFORTH AMPL

16 Aug 2020 1 minute read 0 comments shaan5233

First of all we have to understand that AMPLEFORTH is totally different from other coins.  U will get extra coins or loose coins according to oracle rate. Its completely a unique project thats why before investing we should  know about the project IS...