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.

AMPL One Step Closer to Aave

18 Jan 2021 1 minute read 6 comments Abhimanyu Krishnan

Ampleforth (AMPL) co-founder Brandon Iles has provided an update on the listing of AMPL on Aave. In a post made on Jan. 15, Iles said that a formal AIP had been created and that initial testing is underway. Brandon Iles first suggested the addition...

Flowing income - the Geyser section on the AMPL project platform and numerous ways to earn profit.

18 Jan 2021 2 minute read 3 comments Anton Dzyatkovskii

Welcome to Q DeFi Rating and NOAH`s ARK reviews! NOAH’s ARK is a project which gathers all the best DeFi protocols (and pairs) that deserve to be part of a decentralized future for humanity! We use Q DeFi Rating, which is a scoring & rating algorithm...

The safest way to store crypto

18 Jan 2021 3 minute read 5 comments Roberto D.

How can Bitcoins be stored? Here is a guide on the best ways to keep cryptocurrencies safe. A question that the (many) investors who in recent months have decided to focus on cryptocurrencies will certainly have asked themselves, for almost a year at...

What bDIGG? A conversation in the Badger DAO Discord

17 Jan 2021 2 minute read 0 comments VLK

We had an interesting conversation on Discord tonight about DIGG and bDIGG and how that all works with rebasing.  I took a few minutes to clean it up and publish it, as I thought people may find it helpful or thought provoking.   FarmerBrownDeFi Okay...

ARAB STRAP; PHILOPHOBIA; PHILOSOPHY; DANCE (the human condition is fucking poetry)

17 Jan 2021 3 minute read 0 comments (S)llew la Wulf

This song is from the perfectly named and beautifully, melancholically poignant album Philophobia by the marvellous Arab Strap. I did this dance over a year ago now when I was in the midst of feeling a whirlpool of emotions, bought on by someone who...

SOMETHING LIGHT-HEARTED (and a little risque)

16 Jan 2021 5 minute read 4 comments (S)llew la Wulf

  The beginning of this year (as was last) has been fairly shambolic in numerous ways. January is always a tough month; it's cold, dark, we're skint, often not feeling at our peak of fitness too (due to excesses at Christmas or simply just winter let...

The pandemic has taken the Crypto market to new levels

15 Jan 2021 1 minute read 1 comment Roberto D.

The coronavirus pandemic has led to an increase in global interest in the cryptocurrency market and pushed it to new heights, as the world economy remains largely volatile in a turbulent macroeconomic situation, said Changpeng Zhao, founder and CEO....

$AMPL is set for a Rebound - Deep Analysis

13 Jan 2021 4 minute read 7 comments CryptoChartWizard91

If you have been following $AMPL  over the past month, you might have noticed that it has been pretty quiet as it mainly sat within negative rebase territory. In fact, since around December 9th, 2020, all AMPL holders saw 40% days of negative rebases...

Reading to coffee #6

13 Jan 2021 1 minute read 2 comments andrej

Welcome to sixth episode of reading to coffee.  Today topic is: INTERNET   1. Every day there is send more than 300 billions of e-mails. About 97% of them are spam. 2.  Internet is 11630 days old (today 13.1.2020) 3. YouTube upload to internet ever...

$350 in #AMPL Rewarded: Winners of #Publish0xWinterMeme Twitter Meme Creation Contest Announced!

13 Jan 2021 2 minute read 41 comments Igor Tomić

Thank you all for participating in the #Publish0xWinterMeme contest. Publish0x team and I loved your entries, many of them made me chuckle, and I wish that all users could get a reward. But some are luckier than others... Still, we've had to give out...