Bolide Banner

Ampleforth (AMPL)

665 Articles 37,514 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.


September #Publish0x Payout Report: We've Sent $11,043.51 Worth of $AMPL, $FARM, and $ETH to Publish0x Users!

12 Oct 2021 2 minute read 22 comments igort

These are the details of the payouts we've sent to users in September. *All of the Publish0x Monthly Payout Reports can be read from here, or via our official blog. In September, we've sent a total of $11,043.51 worth of AMPL, FARM, and ETH. We've s...

Ampleforth: Is it Time for Algorithmic Stablecoins to Make or Break it?!

8 Oct 2021 2 minute read 9 comments Cje95

I will be the first to admit I have a love-hate relationship with Ampleforth. I love the idea behind it I believe it could work and work well however I currently feel like this coin is stuck in a rut right now and I am not sure exactly how or what is...

✍️ My Publish0x production in September 2021 📃

1 Oct 2021 2 minute read 1 comment mabc95

Hello fellows! This is a monthly report I would like to make from now on. I will review what I wrote and what I earned, and learnt, from that. I wrote six posts since 13th of September, so technically I was active barely half of the month.   Four of...

The Dark Side of Rebase Tokens

29 Sep 2021 2 minute read 1 comment Defiant Pathfinder

There is no doubt that in this universe more than 99.9% care much about money than anything else because without it their future is bleak. Of-course we need money for buying daily needs and wants  but the most important thing is making sure that your...

What is the best stablecoin?

28 Sep 2021 1 minute read 22 comments Austras

  Stablecoin summary All stablecoins are different and manage their 1:1 peg differently. There are centralized, decentralized, fiat backed, crypto backed, algorithm backed etc. But which is the best and what coin has the least amount of negatives? It...

August #Publish0x Payout Report: We've Rewarded $17,917.74 Worth of $AMPL, $iFARM, and $ETH!

24 Sep 2021 2 minute read 20 comments igort

These are the details of the payouts we've sent to users in August. *All of the Publish0x Monthly Payout Reports can be read from here, or via our official blog. In August, we've sent a total of $17,917.74 worth of AMPL, iFARM, and ETH. We've sent 3...

How To Send Ampleforth (AMPL) To Metamask Wallet on Publish0x

21 Sep 2021 1 minute read 6 comments Hephaistos

Hi As you know, Ampleforth (AMPL) has been integrated for tipping on Publish0x since November 2020. I have reached minimum threshold long ago in fact, but I wasn’t sure about how to withdraw it. I did some research and found that Metamask supports AM...

BUENA VISTA SOCIAL CLUB: 25TH ANNIVERSARY

19 Sep 2021 1 minute read 6 comments (S)llew la Wulf

  Buena Vista Social Club is an album (and film) that has influenced not only a wealth of contemporary artists, but also had a profound effect upon myself and my contemporaries over the years. I grew up in a house full of music. My father was, is, à...

🧮 You can learn math with AMPL and FARM 💳

17 Sep 2021 2 minute read 10 comments mabc95

I was surfing Publish0x in a hide and seek game for inspiration, and giving my five daily tips, when I thought that Publish0x rewards are a good approach to teach 2x2 system of linear equations. Please, do not judge me; I am a math lover with an exce...

Coinbase: Need for Transactions Leads to a Meme Coin’s Meme Coin Being Added Over Other More Deserving Coins

17 Sep 2021 2 minute read 13 comments Cje95

Sometimes I just real updates to platforms and shake my head in bewilderment. Today was easily one of those days as when I went to check some coin prices I saw something i never imagined.   Dogecoins meme coin, Shiba Inu (SHIB), was added to the plat...