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 235.1: monday, March 13 2023 : Todays Prediction.

13 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 235.1, stay tuned for the appearance of post 235.2 with the result of the prediction to potentially see your post featured today...

TheDailyStatsSeries: day 339: the stats from saturday, March 11 2023.

12 Mar 2023 6 minute read 0 comments excelencia

Now that stable coins are in depegged circonstances at any instant, the algorithmic AMPL-SPOT twins are doing well, regarding their increasing trading volumes and "overpegged" $values...(always reaching for the 2019 buying value of 1$)($1 in 2019 is...

ThePredictionSeries: prediction 234.2: Sunday,March 12 2023 : The Result

12 Mar 2023 2 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 234.1: Sunday, March 12 2023 : Todays Prediction.

12 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 234.1, stay tuned for the appearance of post 234.2 with the result of the prediction to potentially see your post featured today...

ThePredictionSeries: prediction 233.2: saturday,March 11 2023 : The Result

11 Mar 2023 3 minute read 0 comments excelencia

Excelencia is giving a 100% tip to the publisher of the post that had 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: prediction 233.1: saturday, March 11 2023 : Todays Prediction.

11 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 233.1, stay tuned for the appearance of post 233.2 with the result of the prediction to potentially see your post featured today...

TheDailyStatsSeries: day 338: the stats from friday, March 10 2023.

11 Mar 2023 6 minute read 0 comments excelencia

Observation: Increase (from $27.699K yesterday friday to $87.386K today saturday)in SPOT trading VOLUME in Livecoinwatch Scroll down to see the Daily comparison of the $AMPL and $SPOT Market Price in LivecoinWatch AND the $SPOT Price  in  the SPOT ap...

TheDailyStatsSeries: day 337: the stats from thursday, March 9 2023.

10 Mar 2023 6 minute read 0 comments excelencia

Daily comparison of the $SPOT Price and -Reserve Breakdown in  the SPOT app and of the $SPOT Market Price in LivecoinWatch at a specific moment : In  the SPOT app: $1.14 (6:23am UTC) in LivecoinWatch: $1.10 (6:29am UTC) Screenshot taken(from the SP...

ThePredictionSeries: prediction 232.2: friday,March 10 2023 : The Result

10 Mar 2023 3 minute read 0 comments excelencia

  Excelencia is giving a 100% tip to the publisher of the post that was entering 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 rank 1. Yesterda...

ThePredictionSeries: prediction 232.1: friday, March 10 2023 : Todays Prediction.

10 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 232.1, stay tuned for the appearance of post 232.2 with the result of the prediction to potentially see your post featured today...