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.

Stablecoin alternatives to USDT - What are They & Should You Use Them?

19 Jun 2020 6 minute read 11 comments D3F1

Cryptocurrencies are extremely volatile, there’s no question about that.  Price swings of 10% or more in a day are not uncommon and this extreme volatility can provide traders with lucrative opportunities.  However, cashing out crypto to fiat only to...

6 DeFi Projects with Interesting (Token) Economics

5 Jun 2020 11 minute read 11 comments D3F1

DeFi (Decentralised Finance) is the hottest thing in crypto right now in 2020 and unlike the ICO bubble that lasted less than a year in 2017, it doesn’t look like the DeFi train is stopping anytime soon. This time it’s for real. (source) The chart a...

Ampleforth Wants to Take the Volatility Out of Crypto. This Is How They Will Do It.

9 Apr 2020 6 minute read 13 comments SkinnerCrypto

Today's Crypto was brought to my attention by a reader, and I gotta be honest; It seems pretty solid. It's one of these few cryptos that takes a really hard look at the economics and says, "hey, we can economic the SHIT outta this". It's clean, it's...

What is Ampleforth (AMPL)? [A Comprehensive Guide to Understanding Ampleforth]

27 Mar 2020 6 minute read 13 comments Mr.CryptoWiki

It’s been a while since I’ve done one of these guides but I’ve kinda been pushed to do it because of a very unique project that I’ve just come across with a very interesting economic premise; Ampleforth (AMPL). Welcome to my guide on Ampleforth (AMPL...


20 Jan 2021 1 minute read 0 comments JayC0730

First Ampleforth update Input: 7.20 AMPL Current: 6.79 AMPL Current Price: $1.13 Well as of now the rebate has made me lose AMPL but the coin itself has recently appreciated. I expect to see a positive rebase on this upcoming round. I'll keep updated...

Daily Bitcoin Analysis #5 (2021-01-12)

12 Jan 2021 1 minute read 0 comments Sebbe_727

Last night's bad trends have preserved and right now we can come to the conclusion that the market is a combination of bullish and bearish. I would as a daytrader buy if the price goes under $34 000. The cryptocurrency market has very consequential v...

Daily Bitcoin Analysis #4 (2021-01-11)

11 Jan 2021 1 minute read 0 comments Sebbe_727

The downfall of bitcoin has begun, as I was expecting in my analysis #2: Bitcoin will have an average price of $32 000 - 36 000 when the drop occurs and probably also in the coming months if it isn't a crash because then are Bitcoin investor in real...


1 Jan 2021 1 minute read 10 comments Eybyoung

  It's been great that this platform always has a contest, writing contest, and memes. Authors are enjoying it much, especially the price that will be given. So I grabbed the chance to participate in #Publish0xWinterMeme. Here's my simple entry 😊

#AMPLMeme Explaining Ampleforth Rebase the Mona Lisa way

6 Dec 2020 1 minute read 0 comments yihzymoney

@Publish0x #AMPLMeme