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 247.1: saturday, March 25 2023 : Todays Prediction.

25 Mar 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 247.1, stay tuned for the appearance of post 247.2 with the result of the prediction to potentially see your post featured today...

TheDailyStatsSeries: day 352: the stats from friday, March 24 2023

25 Mar 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(7am UTC) and minute(8:11am U...

ThePredictionSeries: prediction 246.2: friday, March 24 2023 : The Result

24 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...

TheDailyStatsSeries: day 351: the stats from thursday, March 23 2023

24 Mar 2023 6 minute read 0 comments excelencia

Excelencia is collecting these less-more, more-less phenomenons to see if they have specified days to occur...there seems to be a tendence until now that these less-more, more-less phenomenons are occuring specially on wednesdays and thursdays. Les...

ThePredictionSeries: prediction 246.1: friday, March 24 2023 : Todays Prediction.

24 Mar 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 246.1, stay tuned for the appearance of post 246.2 with the result of the prediction to potentially see your post featured today...

ThePredictionSeries: prediction 245.2: thursday, March 23 2023 : The Result

23 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...

ThePredictionSeries: prediction 245.1:thursday, March 23 2023 : Todays Prediction.

23 Mar 2023 5 minute read 0 comments excelencia

NOW available for a read: Excelencia's twenty-eight February 2023 Predictions, with featured posts and links to the eight 100% tipped February 2023 posts!  If your recent published post was appearing in the NEW rubric of PublishOx around the same tim...

TheDailyStatsSeries: day 350: the stats from wednesday, March 22 2023

23 Mar 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(5am UTC) and minute(5:09am U...

TheDailyStatsSeries: day 349: the stats from tuesday, March 21 2023

22 Mar 2023 6 minute read 0 comments excelencia

Excelencia has a headbreaker... While diverse sources are writing now that the 2019 CPI adjusted USD has the same buying power as $1.18 in February 2023, the SPOT app is pointing the current AMPL price target as $1.15...(?)   Scroll down to see the D...

ThePredictionSeries: prediction 244.2: wednesday, March 22 2023 : The Result

22 Mar 2023 3 minute read 0 comments excelencia

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