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 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 $...

TOP 5 Highlights From Bankless Interview with Ampleforth

23 Jul 2020 4 minute read 5 comments Brawnd0

On July 22, Ampleforth (AMPL) co-founder Brandon Iles was interviewed by Bankless co-host David Hoffman on the Meet the Nation podcast. I could not resist listening to it and make some notes, which I hope you'll find valuable. This is my second post...

Is DeFi Gold Rush Just Getting Started or Are We at the Peak?

23 Jul 2020 7 minute read 11 comments CryptoChartWizard91

Since Compound Finance distributed its governance token $COMP earlier in July, DeFi has grown to become the hottest sector within the entire cryptocurrency industry. In fact, there are now 10 DeFi projects that have already entered into the top 50 ra...

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 167 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...