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 256.1: monday, April 3 2023 : Todays Prediction.

3 Apr 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 256.1, stay tuned for the appearance of post 256.2 with the result of the prediction to potentially see your post featured today...

TheDailyStatsSeries: day 361: the stats from Sunday, April 2 2023

3 Apr 2023 6 minute read 1 comment excelencia

Scroll down to see the Daily comparison of the $AMPL and $SPOT and $BTC and $ETH Market Price in LivecoinWatch AND the $SPOT Price  in  the SPOT app from 4 screenshots taken within the same 60 seconds of one specific hour(6am UTC) and minute(6:02am U...

ThePredictionSeries: prediction 255.2: Sunday, April 2 2023 : The Result

2 Apr 2023 3 minute read 0 comments excelencia

The higher 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 SPOT and...

ThePredictionSeries: prediction 255.1: Sunday, April 2 2023 : Todays Prediction.

2 Apr 2023 5 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 255.1, stay tuned for the appearance of post 255.2 with the result of the prediction to potentially see your post featured today...

TheDailyStatsSeries: day 360: the stats from saturday, April 1 2023

2 Apr 2023 6 minute read 0 comments excelencia

Scroll down to see the Daily comparison of the $AMPL and $SPOT and $BTC and $ETH Market Price in LivecoinWatch AND the $SPOT Price  in  the SPOT app from 4 screenshots taken within the same 60 seconds of one specific hour(6am UTC) and minute(6:06am U...

TheMonthlyStatsSeries: March 2023.

1 Apr 2023 2 minute read 0 comments excelencia

Welcome in Excelencia's TheMonthleyStatsSeries of March 2023!                         Always scroll down to see the actual price situations of BTC, ETH, AMPL and SPOT.            March 2023 totals of the stats parameters: Click in the picture below...

ThePredictionSeries: prediction 254.2: saturday, April 1 2023 : The Result

1 Apr 2023 3 minute read 0 comments excelencia

The higher 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 SPOT and...

ThePredictionSeries: prediction 254.1: saturday, April 1 2023 : Todays Prediction.

1 Apr 2023 5 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 254.1, stay tuned for the appearance of post 254.2 with the result of the prediction to potentially see your post featured today...

TheDailyStatsSeries: day 359: the stats from friday, March 31 2023

1 Apr 2023 6 minute read 0 comments excelencia

Scroll down to see the Daily comparison of the $AMPL and $SPOT and $BTC and $ETH Market Price in LivecoinWatch AND the $SPOT Price  in  the SPOT app from 4 screenshots taken within the same 60 seconds of one specific hour(4am UTC) and minute(4:43am U...

ThePredictionSeries: prediction 253.2: friday, March 31 2023 : The Result

31 Mar 2023 3 minute read 0 comments excelencia

The higher 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 SPOT and...