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 - Pioneer of the New Asset Class | Similar to Bitcoin in 2009

22 Jul 2020 5 minute read 11 comments Brawnd0

Today I would like to introduce you to an entirely new type of asset class that most certainly has never been seen before in the cryptocurrency space. It's huge.It's Donald Trump huge. In this article, I will talk about Multi Variable Assets and why...

How Ampleforth Works: A Volatile Stablecoin

22 Jul 2020 1 minute read 0 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Ampleforth (AMPL) is a very particular stablecoin that bases its value on the "Consume Price Index", or on the purchasing power of the dollar (inflation) in the year 2019.How does the Price Target take place? The value is established by Chainlink whi...

How I Turned $373 to $7563 with Ampleforth in 22 Days Without Trading

21 Jul 2020 3 minute read 4 comments Chenhuang_defi

At the end of June, I posted a guide on how to provide liquidity for Ampleforth (AMPL) on Uniswap and make some money from Ampleforth’s Geyser program.  It worked out quite well for me. I ended it up with $373.6 worth of AMPLs to be exact. Little I k...

Ampleforth Token as a Collateral at MakerDAO?

21 Jul 2020 6 minute read 1 comment Chenhuang_defi

Ampleforth is the hottest thing in these crypto streets right now. In early June 2020, it was beyond #350 on coinmarketcap, and today we can welcome it into the top 50 ranked cryptocurrency projects as it reached above $250 million market cap value....

Top Things You Should Know About Ampleforth (AMPL)

17 Jul 2020 9 minute read 94 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for one of the most interesting projects in Ethereum DeFi – Ampleforth (AMPL). Ampleforth is a relatively new and unknown DeFi project with some very interesting, complex, and lucra...

Ampleforth: Social & On-Chain Metrics Analysis

16 Jul 2020 7 minute read 3 comments CryptoChartWizard91

- All data for onchain analytics comes via Santiment Pro, we highly recommend this tool to get a little alpha where others aren't looking ;) - Hello Pub0x trading compadres! It has been a while since I have posted anything at all and that is because...

Rebase! The Implications of Supply Smoothing

15 Jul 2020 5 minute read 3 comments Block_Enthusiast

What's this Rebase thing? There's a lot of chatter around Ampleforth and the new mechanism its' introduced known as supply smoothing.This is triggered daily by the Rebase function. Anyone can invoke Rebase; There's even a fun button on the AMPL dashb...

Ampleforth Correction (Protocol working as intended).

14 Jul 2020 4 minute read 0 comments bengy

  A few days ago, I had written this post about the unexpected hike in the price of Ampleforth (AMPL) against the USDT stablecoin.... and at that time, the market rate for AMPL-->USDT was about 3 USDT/AMPL.... and in the recent days, it was peakin...

Ampleforth Continues to Have the Largest Uniswap Liquidity Pool, Greater Than Ethereum

13 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

Ampleforth (AMPL) continues to have the largest liquidity pool on Uniswap V2 at $10.1 million in daily volume, putting it considerably ahead of other assets, including Ethereum (ETH) and Tether (USDT). Roughly 2.5 million AMPLs have been locked in on...

Ampleforth Geyser | Beehive is Live!

11 Jul 2020 1 minute read 10 comments Mynima

As with most folks recently I've been keeping tabs on the DeFi world and have been particularly interested in recent developments with the Ampleforth Geyser, which incentivizes people to provide liquidity on Uniswap for the AMPL/ETH pairing. I'm sure...