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 (AMPL): Why Are You Not Joining The Party Again?

3 Jul 2020 1 minute read 0 comments Crypto FROG

As you may already know, I've only been on Publish0x for a few days, but I've already made two blog posts about Ampleforth and have two videos about AMPL on my YouTube channel. It's very hard to succinctly sum up why Ampleforth is such a gamechanger...

Ampleforth $AMPL Calculator Spreadsheet for Investors

2 Jul 2020 1 minute read 3 comments Chenhuang_defi

Ampleforth made headlines across all crypto media outlets in the last days right after the launch of its incentive program called Geyser. It has very unique characteristics of elastic supply with daily supply changes depending on price which make it...

Yield Farming Is Fun. Using Ampleforth's (AMPL) Geyser Is More Fun & More Profitable

1 Jul 2020 1 minute read 9 comments Crypto FROG

After years in cryptocurrency, no small market cap has excited me more than Ampleforth (AMPL). It is DeFi's young prince in training to take the Iron Throne. It's a cutthroat game. Winner takes all. AMPL is smart money. And it's where the smart money...

How to Provide Liquidity for Ampleforth at Uniswap & Leverage Geyser Program

30 Jun 2020 4 minute read 5 comments Chenhuang_defi

Earlier this month when newly released $COMP token got into top20 CMC in no time it sparked a new gold rush in the crypto space.  Liquidity Mining has become a thing and after missing the $COMP train I started to look out for new opportunities.  On J...

Ampleforth is Quite Possibly DeFi Perfection

29 Jun 2020 1 minute read 0 comments Crypto FROG

Ampleforth is the DeFi project we don't deserve and fortunately for us it remains overlooked by many. The project now has a “Geyser” (launched in late June 2020) to incentivize participation for providing liquidity in the Uniswap pool. Think of it as...

Ampleforth + DeversiFi

25 Jun 2020 1 minute read 4 comments Ampleforth

Today we’re happy to announce that Ampleforth (AMPL) is now open for trading on DeversiFi! There are a few things that make this a special milestone. DeversiFi DeversiFi is a non-custodial exchange platform, based on the 0x protocol. This means you c...

Ampleforth Launches Geyser Yield Farming

25 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Ampleforth (AMPL), a project which is building “synthetic commodity money”, on June 23 revealed that it has launched its liquidity incentive program on the Uniswap exchange. Called Ampleforth Geyser, the program was first announced in April 2020. Us...

TOP 4 DeFi Projects With Liquidity Incentives

24 Jun 2020 7 minute read 3 comments D3F1

A Short Intro on Liquidity Issues in DeFi Decentralized Finance (DeFi), otherwise known as open finance, is an emerging trend in crypto that’s only just getting started.  We’re witnessing the dawn of an open, permissionless, and decentralized financi...

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...