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: 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...

Rebase! The Implications of Supply Smoothing

15 Jul 2020 5 minute read 2 comments Block_Enthusiast

What's this Rebase thing? There's a lot of chatter around Ampleforth and the new mechanism its' introduced known as supply smoothing.This is triggered daily by the Rebase function. Anyone can invoke Rebase; There's even a fun button on the AMPL dashb...

Ampleforth Correction (Protocol working as intended).

14 Jul 2020 4 minute read 0 comments bengy

  A few days ago, I had written this post about the unexpected hike in the price of Ampleforth (AMPL) against the USDT stablecoin.... and at that time, the market rate for AMPL-->USDT was about 3 USDT/AMPL.... and in the recent days, it was peakin...

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...

Five Crypto Projects That Are Set to Explode in Q3 2020

8 Jul 2020 3 minute read 5 comments AnalystX

Small to medium-cap cryptocurrencies are widely considered to be the highest risk, highest reward assets in the cryptocurrency space, since many of these haven’t yet reached the market capitalization that accurately reflects their utility, adoption,...

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...