Latest Posts with Ampleforth (AMPL) tag

Ampleforth (AMPL)

539 Articles 17,857 Followers

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.

My Ampleforth Strategy!

30 Jul 2020 2 minute read 24 comments Sapphire

Price Actually Does Matter Ever since Ampleforth started to zoom up the rankings on, one would often hear the narrative of "marketcap relevance being superior to price". To the point where price is often seen as completely irrelevan...

Ampleforth | What is going on?

30 Jul 2020 3 minute read 26 comments Mynima

Introduction I've been following this project for a few months now, well ever since @mr_wiki gave us a really good summary article of the project back in March.

How I've lost $2350 (11K BRL) with AMPL (Ampleforth)

30 Jul 2020 2 minute read 5 comments Daniell Mesquita

I had my first Bitcoin in the mid of 2016. Nearly all my investment in bounty campaigns and Ethereum ICOs were a success. My only losses were in foreign blockchains I didn't knew much, such as a token Waves blockchain. There were also small losses in...

How to Get profit from Ampleforth(AMPL) DeFi.

30 Jul 2020 1 minute read 1 comment Kavi

video credit: Defi trader   Decentralised Finance (DeFi) has set a progressive structure in the crypto world and we see lot of good project is built on Ethereum , Tron , Eos  performing well under Defi tags .  Ampleforth is such a Defi project which...

Ampleforth and Ampleforth Geyser - step by step

29 Jul 2020 4 minute read 13 comments Heruvim78

As i was reading about Ampleforth, i decided to take a closer look. Short story, from what i see, is that using Metamask of Coinbase wallet, you put a mix of ethereum and Ampleforth on Uniswap-v2. The Uniswap tokens, and the ampleforth tokens, can be...

$AMPL Does 4000% in One Month Yet the Price Only Moved By 150% - HOW? 

27 Jul 2020 5 minute read 25 comments CryptoChartWizard91

Are you confused by the title? I don’t blame you. How can a token provide an ROI of 4000% in one month whilst, at the same time, the price has only moved by around 150%? AMPL/USD - KUCOIN - JUNE TO PRESENT The chart above shows that from June 27th to...

My Ampleforth AMPL case study - investment update

27 Jul 2020 1 minute read 0 comments Permabull

A couple of weeks ago I came across AMPL and was like what is that? Read a bit about it, decided to throw a 100 dollars on it as I had some spare ETH. All I knew about Ampleforth was that it doesn't really matter what price it is at, the thing to che...

Ampleforth Flips Maker, Becomes the Second Biggest DeFi Project on CoinMarketCap

27 Jul 2020 1 minute read 3 comments Abhimanyu Krishnan

Ampleforth (AMPL), the non dilutive asset with an elastic supply that has been making headlines in the DeFi market, has become the second biggest DeFi project on CoinMarketCap. Source Ampleforth overtakes Maker (MKR) and Compound (COMP), both of whi...

Ampleforth ETH + AMPL: Zap into Liquidity Pool in 1 Click

25 Jul 2020 2 minute read 33 comments tomoyan

I know Ampleforth (AMPL) has been a hot topic for a while and last week AMPL took off and then came back down. So it had this typical "DeFi Moon" moment. I felt like I missed the train and it is too late to jump in so I never touched it because I th...

Patience Pays - It's Time To Buy Compound!

23 Jul 2020 1 minute read 1 comment Sapphire

Determine Your Entry And Wait On the 1st of July I published an article entitled "Top DeFi Projects Dumping -  Buy Zone Incoming!", where I mentioned where I would be looking to pick up DeFi projects. It was pretty clear that COMP was overpriced at $...