SPOT (SPOT)

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$SPOT tokens are designed to follow the $AMPL price, but without exposure to the rebase, and can be redeemed 1 to 1 for $AMPL tokens at any time on the Spot minting app.

Spot is an inflation resistant store of value token which targets the 2019 $1 USD, built on top of the Ampleforth protocol. As a simplest possible explanation: Take your AMPL tokens, deposit them into the SPOT minting app > mint $SPOT tokens.

$SPOT tracks the price of $AMPL, but $SPOT does not rebase. You can redeem spot one to one for $AMPL via the SPOT minting app.

When you deposit AMPL tokens into the SPOT app, these tokens are split into 2 “tranches” (into two different tokens) of tokens, called a-AMPL and z-AMPL, at a 20% - 80% ratio. If you deposited 100 AMPL into the Spot app, you would get 20 a-AMPL tokens and 80 z-AMPL tokens.

  • A-AMPL tokens get turned into $SPOT (the new tipping token on Publish0x!), and again, these tokens DON’T rebase, and they are redeemable 1-1 for AMPL regardless of current AMPL price.
  • The Z-AMPL tokens do still rebase. Infact, they are essentially leveraged and represent the full initial amount of AMPL. In our hypothetical case in which we've deposited 100 AMPL into the Spot app, we would get 80 z-AMPL tokens and 20 a-AMPL tokens. While 20 a-AMPL (essentially SPOT) tokens do not rebase at all, the 80 z-AMPL rebases as much as the original 100 AMPL would rebase; essentially, z-AMPL is leveraged 1.25x the normal AMPL rebase.

SPOT tokens are designed using Buttonwood (an Ethereum-based smart contract set that provides the building blocks for designing DeFi protocols).

Here is the full Spot info site and whitepaper: https://www.spot.cash/ 

Further Reading on $Spot


ThePredictionSeries: prediction 270.1: thursday, July 20 2023 : Todays Prediction.

20 Jul 2023 4 minute read 0 comments excelencia

If your recent published post was appearing in the NEW rubric of PublishOx around the same time with this prediction post 270.1, stay tuned for the appearance of post 270.2 with the result of the prediction to potentially see your post featured today...

Spot token

19 Jul 2023 1 minute read 16 comments crypto newbie mom

Good morning.   Well after looking at our AMPL token this month I thought this would be a good time to write about my plans for SPOT.     I have read the SPOT 'playbook' and understand it is a newly designed type of stable coin that they are calling...

ThePredictionSeries: prediction 269.2: wednesday, July 19 2023 : The Result

19 Jul 2023 2 minute read 0 comments excelencia

The higher position a post enters in the New page on PublishOx, the more visibility it will receive, very likely resulting in receiving more tips... Scrolling down You'll see the actual price situations(widgets from Coingecko) of BTC, ETH, AMPL AND S...

Excelencia's TheComparisonStatsSeries 17 : one year ago(2022) and yesterday tuesday, July 18 2023.

19 Jul 2023 1 minute read 0 comments excelencia

Yesterday one year ago(2022) it was a monday...  and also  day 104 of Excelencia's TheDailyStatsSeries...       and yesterday, also July 18  but in this year 2023 ,it was tuesday...and also day 17 of Excelencia's TheComparisonStatsSeries...  Tuesda...

ThePredictionSeries: prediction 269.1: wednesday, July 19 2023 : Todays Prediction.

19 Jul 2023 4 minute read 0 comments excelencia

If your recent published post was appearing in the NEW rubric of PublishOx around the same time with this prediction post 269.1, stay tuned for the appearance of post 269.2 with the result of the prediction to potentially see your post featured today...

Excelencia's TheComparisonStatsSeries 16 : one year ago(2022) and yesterday monday, July 17 2023.

18 Jul 2023 1 minute read 0 comments excelencia

Yesterday one year ago(2022) it was a Sunday...  and also  day 103 of Excelencia's TheDailyStatsSeries...       and yesterday, also July 17  but in this year 2023 ,it was monday...and also day 16 of Excelencia's TheComparisonStatsSeries...  Monday'...

ThePredictionSeries: prediction 268.2: tuesday, July 18 2023 : The Result

18 Jul 2023 2 minute read 0 comments excelencia

Update Remark:  The first viewers of this predicion post 268.2 have seen the wrong thumbnail image, showing the No result of the prediction, altough the prediction was right today...this was by forgetting to upload the thumbnail image showing the yes...

ThePredictionSeries: prediction 268.1: tuesday, July 18 2023 : Todays Prediction.

18 Jul 2023 4 minute read 0 comments excelencia

If your recent published post was appearing in the NEW rubric of PublishOx around the same time with this prediction post 268.1, stay tuned for the appearance of post 268.2 with the result of the prediction to potentially see your post featured today...

Excelencia's TheComparisonStatsSeries 15 : one year ago(2022) and yesterday Sunday, July 16 2023.

17 Jul 2023 1 minute read 0 comments excelencia

Yesterday one year ago(2022) it was a saturday...  and also  day 102 of Excelencia's TheDailyStatsSeries...       and yesterday, also July 16  but in this year 2023 ,it was Sunday...and also day 15 of Excelencia's TheComparisonStatsSeries...  Sunda...

ThePredictionSeries: prediction 267.2: monday, July 17 2023 : The Result

17 Jul 2023 2 minute read 0 comments excelencia

 The higher position a post enters in the New page on PublishOx, the more visibility it will receive, very likely resulting in receiving more tips... Scrolling down You'll see: the actual price situations(widgets from Coingecko) of BTC, ETH, AMPL AN...