ELI5AMPL

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#ELI5AMPL is a Writing Contest and Twitter Giveaway on #Publish0x with $1,000 in $AMPL Prizes! Details of ELI5AMPL Contest can be seen here.

 

 

AMPL: Ampleforth is the pioneer in the "elastic assets" space. Backed with the likes of Coinbase’s CEO Brian Armstrong, it went live in late June of 2019. The team behind AMPL designed the token to track the 2019 US Dollar (however, it’s not your typical stablecoin), doing so with a daily "rebase". Read more here.

Date: Submit your entries between now, and Monday, 1th of January 2021.

Prize Pool: A minimum of $1,000 in AMPL! Details on how the prizes will be distributed can be seen below.

Topic: We have two topics in mind...

  • AMPL can be complex to grasp. But, they say those who really understand a subject can explain anything in simple terms. Who can explain AMPL in the simplest way?
  • Additional and bigger Champions / Anaysts prizes (on top of the $1,000 in AMPL prizes!) for really in-depth and unique analysis and future speculation around Ampleforth and AMPL!

ELI5: Rebase

27 Dec 2020 1 minute read 0 comments Walloom

ELI5 Rebase   Rebase mechanism for Ampleforth is what separates it from other stable coins. The rebase mechanism can be confusing and a little overwhelming to understand. To begin, rebase is done to help regulate the value of Ample closest to $1. Or...

LET'S AMPLATE THE NEWBIES ( GRANDMA'S ).#ELI5AMPL

27 Dec 2020 3 minute read 6 comments Cryptonalyzed blog

THE MOST BASIC AMPLE-GUID FOR GRANDMA'S.(INTRODUCING THE BASIC CONCEPT OF CRYPTOCURRENCY TO GRANNIES) Over the years the word Money (aka currency, a means of exchange) has always been changing, starting from the Trade by barter system down to the us...

Ampleforth- The big fortune of the year

27 Dec 2020 2 minute read 3 comments Shehara

Crypto has been one of the much-spoken topics in the world due to the uncertainty of the market and fluctuations as well. New assets are introduced day by day and people are eager to see any investment which makes the most of it.  In essence, Amplefo...

#ELI5AMPL Explain Ampl

27 Dec 2020 2 minute read 0 comments arca1986

Ampl contest  What is Ampleforth, the new stablecoin that calls itself "a protocol based on digital assets for a Smart Commodity Money"?Ampleforth receives information on the exchange rate, coming from reliable oracles and disseminates it to the hol...

Ampleforth! Not your typical crypto!

27 Dec 2020 3 minute read 0 comments theatdhe

What is Ampleforth?   To know what Ampleforth is we got to get back on it's very beginning! Back in 1944 in the United Nations it was decided to revoke the standard of gold that lead it's exchange rates that we know today. What does this mean? U.S do...

Ampleforth explained by Dick’s grandmother (a post for the "#ELI5AMPL Writing Contest and Twitter Giveaway"

26 Dec 2020 3 minute read 0 comments lemming

This is me and I have a big problem. I am a writer and blogger. I write sci-fi tales, action novels, film scripts, and other things. I write posts on Publish0x too. I would like to take part in the contest where I would have to explain Ampleforth to...

#ELI5AMPL: A simple explanation of a cryptocurrency different from others.

26 Dec 2020 2 minute read 4 comments CryptoInv

What is Ampleforth? Ampleforth (AMPL) is a cryptocurrency that runs on top of the ethereum blockchain making it an ERC-20 token. Ampleforth is a non correlated asset, meaning that it is not backed by fiat currency or any other asset and aims to be un...

Ampleforth, detail of an Exponential Growth

26 Dec 2020 2 minute read 8 comments alquimista1501

The gazes begin to increase when the crytographic world is seen as a prelude to what the future of currencies and the whole exchange in general could be. But beyond just taking Bitcoin as a flag and its goal of exceeding what is mathematically allowe...

Ampleforth: from ELI5 to AU100YO

25 Dec 2020 2 minute read 0 comments alquimista1501

If your financial situation is difficult and there are no answers in the traditional and familiar ways, it may be time to try to find ways and different ways to get that return with your money. At this stage in history, the foray into the world of cr...

#Eli5AMPL explanation/simplification

25 Dec 2020 1 minute read 6 comments Hermitworldwide

AMPLE token explained for #Eli5AMPL   As demand changes, supply changes, wallet balance changes. Real position of value is maintained something like the life buoys tied to boats and ships, as the water tides rise, the buoy rise. As the water tides fa...