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 228.2: monday,March 6 2023 : The Result

6 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 228.1: monday, March 6 2023 : Todays Prediction.

6 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 228.1, stay tuned for the appearance of post 228.2 with the result of the prediction to potentially see your post featured today...

TheDailyStatsSeries: day 332: the stats from saturday, March 4 2023.

5 Mar 2023 6 minute read 0 comments excelencia

The SPOT app, noticed by Excelencia on saturday, March 4 2023 at 8:23 UTC was showing a black screen only. at least in Excelencia's computer...and noticed this Sunday, March 5 2023 at 9:16 UTC the SPOT app alive and kicking: Screenshot taken(from the...

ThePredictionSeries: prediction 227.2: Sunday,March 5 2023 : The Result

5 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 227.1: Sunday, March 5 2023 : Todays Prediction.

5 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 227.1, stay tuned for the appearance of post 227.2 with the result of the prediction to potentially see your post featured today...

The Problem with $SPOT

4 Mar 2023 1 minute read 10 comments mohdfajas

Publish0x is a content sharing platform that offers a unique way for writers and readers to earn cryptocurrency. However, one of the tokens that users can earn on the platform, SPOT, has recently caused some frustration among users. SPOT is a token t...

TheDailyStatsSeries: day 331: the stats from friday, March 3 2023

4 Mar 2023 6 minute read 0 comments excelencia

Are publishing users more productive on thursday, compared with on friday? 105 publishing users on thursday with 135 posts published and 105 publishing users on friday with only 124 posts published, thats 11 posts less. Notice: The SPOT app, noticed...

ThePredictionSeries: prediction 226.2: saturday,March 4 2023 : The Result

4 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 226.1: saturday, March 4 2023 : Todays Prediction.

4 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 226.1, stay tuned for the appearance of post 226.2 with the result of the prediction to potentially see your post featured today...

TheDailyStatsSeries: day 330: the stats from thursday, March 2 2023

3 Mar 2023 5 minute read 0 comments excelencia

NEW! Daily comparison of the $SPOT Market Price in  the SPOT app and in LivecoinWatch at a specific moment : Screenshot taken(from the SPOT APP) on friday, March 3 at 9:15 UTC Click in the picture below to see it clear: Screenshot(from the Livecoinw...