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


TheDailyStatsSeries: day 346: the stats from saturday, March 18 2023.

19 Mar 2023 6 minute read 0 comments excelencia

See also Excelencia's  overview of January's thirty-one prediction posts, with links to the six maxtipped January posts! Scroll down to see the Daily comparison of the $AMPL and $SPOT and $BTC and $ETH Market Price in LivecoinWatch AND the $SPOT Pric...

TheDailyStatsSeries: day 345: the stats from friday, March 17 2023.

18 Mar 2023 6 minute read 0 comments excelencia

See also Excelencia's freshley updated overview of January's thirty-one prediction posts, with links to the six maxtipped January posts! Scroll down to see the Daily comparison of the $AMPL and $SPOT and $BTC and $ETH Market Price in LivecoinWatch AN...

ThePredictionSeries: prediction 240.2: saturday, March 18 2023 : The Result

18 Mar 2023 3 minute read 0 comments excelencia

ThePredictionSeries: Overview January 2023., now updated with links to the six maxtipped January posts! todays saturday freshley baked  stats from yesterday friday, March 17 2023! The higher a post enters in the New page on PublishOx, the more visi...

ThePredictionSeries: prediction 240.1: saturday, March 18 2023 : Todays Prediction.

18 Mar 2023 4 minute read 0 comments excelencia

See also Excelencia's:  freshley updated thirty-one January's 2023 prediction posts, with links to the six maxtipped January posts! todays saturday freshley baked  stats from yesterday friday, March 17 2023! If your recent published post was appear...

ThePredictionSeries: prediction 239.2: friday,March 17 2023 : The Result

17 Mar 2023 3 minute read 0 comments excelencia

Excelencia is giving a 100% tip to the publisher of the post that has maintained its position at rank 1 in the New rubric of  the PublishOx website, at the moment ThePredictionPost that predicted to be going to enter at rank 1, has not entered at ran...

ThePredictionSeries: Overview January 2023: Excelencia's thirty-one January Predictions.

17 Mar 2023 2 minute read 0 comments excelencia

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TheDailyStatsSeries: day 344: the stats from thursday, March 16 2023.

17 Mar 2023 6 minute read 0 comments excelencia

Less/more phenomenons detected this weeks thursday compared with wednesday: 106 less tipping users (4,479) yesterday thursday gave 255 more tips(20,497), compared with wednesday(4,585, 20,242), resulting in $4,27 more total $amount tipped on thursda...

ThePredictionSeries: prediction 239.1: friday, March 17 2023 : Todays Prediction.

17 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 239.1, stay tuned for the appearance of post 239.2 with the result of the prediction to potentially see your post featured today...

ThePredictionSeries: prediction 238.2: thursday,March 16 2023 : The Result

16 Mar 2023 2 minute read 1 comment 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...

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16 Mar 2023 6 minute read 1 comment excelencia

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