Latest Posts with Ampleforth (AMPL) tag

Ampleforth (AMPL)

539 Articles 17,781 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.

Ampleforth Wants to Take the Volatility Out of Crypto. This Is How They Will Do It.

9 Apr 2020 6 minute read 13 comments SkinnerCrypto

Today's Crypto was brought to my attention by a reader, and I gotta be honest; It seems pretty solid. It's one of these few cryptos that takes a really hard look at the economics and says, "hey, we can economic the SHIT outta this". It's clean, it's...

What is Ampleforth (AMPL)? [A Comprehensive Guide to Understanding Ampleforth]

27 Mar 2020 6 minute read 13 comments Mr.CryptoWiki

It’s been a while since I’ve done one of these guides but I’ve kinda been pushed to do it because of a very unique project that I’ve just come across with a very interesting economic premise; Ampleforth (AMPL). Welcome to my guide on Ampleforth (AMPL...

2k worth of $FORTH Tokens just landed in my wallet

28 May 2021 2 minute read 0 comments knowhow92

I knew I was eligible for the $FORTH Token Airdrop cause I've interacted with the Ampleforth ecosystem in the past but I couldn't believe my eyes when I saw how many $FORTH tokens I could claim 119.86 $FORTH Tokens worth more than 2k How to claim y...

Earn $3 worth of FORTH at Coinbase

17 May 2021 1 minute read 0 comments R0bin

Recently Coinbase published a new Earn action. This time you can earn $3 in FORTH by answering 3 simple question about Ampleforth.FORTH is the governance token for Ampleforth, an Ethereum protocol that automatically adjusts its native token supply. A...

How Hotbit Exchange Stole My FORTH Airdrop

12 May 2021 2 minute read 3 comments Jelly Fish

The recent Hotbit hack has passed strangely unnoticed by the crypto-press. Even less noticed is the fact that Hotbit steals their clients' assets. However, it's exactly the shit that happens. Not so long ago I made an article about how I got rich wit...

Ampleforth Airdrop Trouble?

7 May 2021 1 minute read 1 comment Schlixxxxxx

Many thanks to Publish0x for making so many of us eligible to receive this airdrop. If some of you have had issues claiming this, I want to help you figure it out because it took me a while to get it to work. Claiming the AmpleForth Governance Token...

A critical eye on FORTH Token Big Sellout

5 May 2021 8 minute read 5 comments Feax21

Image Source Hamlet, Act III, Scene I To be, or not to be: that is the question:Whether 'tis nobler in the mind to sufferThe slings and arrows of outrageous fortune,Or to take arms against a sea of troubles,And by opposing end them? To die: to sleep...

What did you do with your FORTH airdrop?

5 May 2021 3 minute read 41 comments Dzoelx

If you are reading this article on publish0x, then the higher chance is that you received the recent FORTH token airdrop. Readers on other platforms might have a very different story. Alright, in case you are just getting to hear about it; Amplefort...

Earn $3 Ampleforth Governance Token on Coinbase

2 May 2021 1 minute read 0 comments Batha

Here we go with another Coinbase drop; Sign up on Coinbase by clicking here --> Coinbase Sign up you will need to have your account verified, this is standard procedure. Navigate to the earn section or click this link to jump straight to the first le...

Grocery Haul Crypto Version ($FORTH)

30 Apr 2021 2 minute read 0 comments Cryptolohy

I recently received the biggest airdrop in my life, courtesy of the ampleforth team, and due to the diligence of Publish0x, that integrated ampleforth as a reward token some months ago, which made me qualify for the airdrop. So, I used part of my mon...