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.

February Publish0x Ambassadors Leaderboards Contest Completed: $210 in AMPL Rewarded to Top 25 Ambassadors!

25 Mar 2021 1 minute read 5 comments Igor Tomić

Thank you to all of our ambassadors for spreading the word about Publish0x and for referring new users to join the platform! It's time to reward those of you who have referred the most active* new users to Publish0x in February 2021. :) *I feel this...

DYSTROPHY; ATROPHY; ENTROPY; POETRY (there is no antidote to death)

24 Mar 2021 1 minute read 3 comments (S)llew la Wulf

Some more poetry... Not got much else currently... This is a revised version of the poem in my last post, which I wrote à few years ago now... Wrote this last night. The final Awakening perhaps?     (song in background is Momo's by Connan Mockasin) ...

Publish0x - KuCoin withdrawals. Quite Satisfactory!

24 Mar 2021 1 minute read 13 comments Kamend1

Publish0x has already announced its intention to enable direct KuCoin withdrawals of earnings from reading and writing on the platform. I was anxiously waiting for this opportunity. I was withdrawing ETH and AMPL to KuCoin already anyway. I have had...

KuCoin payouts finally on Publish0x!

23 Mar 2021 1 minute read 3 comments nervi

We finally lived to see Publish0x withdrawals to the KuCoin exchange, where no KYC verification is needed! Today I will show you how to withdraw your accumulated funds to the exchange. It's worth doing because for the next two weeks we will get a fre...

AMPL is the Most Discussed Asset Proposal on AAVE

23 Mar 2021 3 minute read 4 comments Brawnd0

For those of you following me for some time now, you’re well aware of my fondness for $AMPL and that I’ve been tracking the $AMPL on Aave proposal. And let me tell you, not only is $AMPL on Aave inevitable, but it's also one of the most discussed top...

Coinbase Wallet - A Waste of Space?

23 Mar 2021 2 minute read 28 comments rah

Before I start let me make one thing clear. I love Publish0x and I am grateful to both the team and all of my followers as well as incidental readers who come across me by chance or through other platforms I use like Noise:Cash A historical problem...

kuCoin Basics, part 3: trading view, Stop-Limit Orders

21 Mar 2021 2 minute read 2 comments

hey mates! In my previous post, I explained the "KuCoin trading view, spot limit, and market", and today, let's talk about the "KuCoin trading view, Stop-Limit Orders". Now that PublishOx has an agreement with KuCoin, maybe it's time to review how to...

Keyword Staking in PRESEARCH

19 Mar 2021 3 minute read 3 comments kev_nag

I have to admit that prior to the current writing contest, while I knew of the existence of PRESEARCH, I really knew nothing about it. So, with the goal of submitting an article to the competition, I started researching what PRESEARCH is all about -...

AAVE x AMPL a Match Made in Heaven

19 Mar 2021 3 minute read 5 comments Brawnd0

Aave, originally called ETHLend, is considered to be one of the OG’s of the DeFi. It’s one of the top 3 DeFi projects by total value locked and it made it here by pushing the boundaries of what we can do with money, most notably including flash loans...

Satoshi & Vitalik Clearly Speak About $AMPL

17 Mar 2021 2 minute read 5 comments Brawnd0

Just the other day, I was scrolling through Twitter and stumbled upon this shortcut from this interview where Vitalik Buterin, the creator of Ethereum, was clearly speaking about Ampleforth and its elastic supply cryptocurrency $AMPL: The original i...