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 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...

Understanding Ampleforth Rebases

11 Jul 2020 1 minute read 12 comments okean123

  Ampleforth is an adaptive money built on sound economics. This is how Ampleforth describes itself. It tries to create a stable coin, not stable in USD value, but stable in purchasing power. Most cryptocurrencies are heavily correlated to Bitcoin, A...

Tracking and Trading AMPL/USDT (AmpleForth)

10 Jul 2020 3 minute read 0 comments bengy

  Recently, I have been looking at the trading on two cryptos (AMPL and PMGT) that are either supposed to function as a algorithmic stablecoin or as an asset backed token. These are interesting as I'm not sure that most users actually realise that...

Whale Wallet Analysis - Ampleforth

8 Jul 2020 5 minute read 6 comments D3F1

Ampleforth has been on a fantastic run over the course of Q2 2020 mainly amid its newly introduced Geyser Program, which allows users to earn AMPL by providing liquidity to the Uniswap V2 protocol.  I started to wonder what other types of tokens AMPL...

7 Projects That Are Building the Infrastructure for Emerging DeFi

6 Jul 2020 6 minute read 7 comments Brawnd0

The Ethereum project has positioned itself as the hotbed for the decentralized finance services. Defi, as these services are commonly called, has become a cornerstone of the cryptocurrency market. The primary application of the many protocols that fo...

Detailed List of Ampleforth Investors & Advisors

3 Jul 2020 12 minute read 0 comments D3F1

Launched by Brandon Iles and Evan Kuo in 2019, Ampleforth ($AMPL) was designed as a synthetic commodity that is uncorrelated with assets such as Bitcoin. The project introduces a completely new concept of the supply as it does not have a fixed amount...

Rediscovering The Lost Art of Holding

3 Jul 2020 1 minute read 1 comment Crypto FROG

Since when did it become a thing to NOT long-term hold a solid bag of good-quality crypto? Yeah, I get it. Multi-year bear market'n'shit. Kinda loosens those once steel hands. However, I am still a believer in the long-term hold. Depending on the pro...

AMPL (Ampleforth) is the low cap project to watch.

3 Jul 2020 1 minute read 0 comments XaliCrypto

Ampleforth is a new and very unique project that is nothing like we have ever seen before! This amazing project allows the holder's tokens to not only increase in price through demand but the total holdings in your wallet can increase.  Ampleforth ad...

Ampleforth - When Supply Meets Demand

3 Jul 2020 3 minute read 6 comments Cryptonator`s

Cryptocurrencies are extremely volatile. Ampleforth aims to take the volatility out of it. You can think of Ampleforth as a fluid economic system where the focus is on keeping the user’s spending power stable. Let me show you how you can benefit from...