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.


FORCES OF NATURE; Gravity and Love. Why is one science and the other akin to fable?

13 Feb 2021 3 minute read 0 comments (S)llew la Wulf

Love... One of the most powerful and little known about forces in this world. Obviously, that is a ridiculous statement when we think about physical forces that exist around us, that scientists tell us exist because they have mathematical equations t...

Guess #AMPL Rebase Competition - Round 4: Giving Away $200 in $AMPL!

12 Feb 2021 2 minute read 18 comments Igor Tomić

UPDATE, 17th of February: There was no rebase on the 15th of February, but we had one on the 16th; a negative -0.5538% rebase. Here are the two Twitter users who got the closest guess. Congrats on your win!   We've contacted both of  the winners via...

Ampleforth 25% Over Target for the Past Week, Pushing Supply Towards 500 Million

11 Feb 2021 2 minute read 0 comments YankeeKitsune

Ampleforth has been on a roll during the first part of February after spending the last week of January within the target zone. AMPL rocketed up past $1.66 over the course of last week before settling back down in the $1.30-$1.40 range the past few...

Crypto School; Let's Learn The Secret Behind Crypto Currency Trading And Investment.

11 Feb 2021 3 minute read 2 comments Godsplan

  Good day everyone, today l’m here with another article. I prepared this article mainly on my experience ever since I started dealing with crypto. Most of us still don’t know the secret behind crypto trading and investment so I thought it is wise l...

7 Facts That Will Make You Finally Understand $AMPL

10 Feb 2021 10 minute read 17 comments Chenhuang_defi

If you’re in the crypto space you’ve probably heard of Ampleforth (AMPL). Maybe you know a thing or two about it too. Like that it’s a DeFi token, it’s a money/currency type of crypto, and that it has an elastic supply. That’s what you know. Am I rig...

New in crypto ? Learn basic knowledge here !

9 Feb 2021 3 minute read 0 comments andrej

If you are a beginner or a pro in crypto, crypto world is full of special (unknown) words.  Come here and learn or repeat all important things in crypto world !    What is cryptocurrency ? A cryptocurrency is a type of currency which uses digital fil...

World Series of Memes - Winners Roll Call

8 Feb 2021 1 minute read 0 comments jmcadg

The day has come, we are excited to announce the main prize winners in The World Series of #yldmemes. On behalf of $YLD $AMPL $RFI Congratulations To All Winners.Please click here for all the winners. https://miteepingwin.medium.com/world-series-of-m...

VAGINA DENTATA; à poem, art, a song

8 Feb 2021 3 minute read 2 comments (S)llew la Wulf

  I feel lucky, to be who I am; to be alive; to have survived (not just the debacle of this last 12 months of a pandemic, but all that life has thrown me); to be more scared of living in fear than anything else.  Don't get me wrong, life often feels...

Why $AMPL Will Be a Better Digital Cash Than Bitcoin

8 Feb 2021 4 minute read 25 comments Brawnd0

Today, the entire industry received some great news. Elon Musk is finally on the Bitcoin bandwagon after the announcement that his company, Tesla, purchased $1.5 billion worth of Bitcoin. Yes, one point five BILLION; This is some fantastic backing f...

FEBRUARY, BJORK AND JULIE ANDREWS... waving goodbye to Janus

6 Feb 2021 1 minute read 0 comments (S)llew la Wulf

February is here and January, the two faced little b***h that he is, has gone. Yes, I feel in some senses like I, we, can all breathe a sigh of relief. As I've said in many of my posts from last month, January has got to be the shittiest month of the...