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 205.1: saturday, February 11 2023 : Todays Prediction .

11 Feb 2023 4 minute read 1 comment excelencia

If your post was appearing in the NEW rubric of PublishOx around the same time with this prediction post 205.1, stay tuned for the appearance of post 205.2 with the result of the prediction to potentially see your post featured and eventually be maxt...

TheDailyStatsSeries: day 309: the stats from thursday, february 9 2023

10 Feb 2023 5 minute read 0 comments excelencia

Scrolling down You'll see the actual price situations of BTC, ETH, AMPL AND SPOT and a snapshot of the $BTC, $ETH, $AMPL and $SPOT at a specific hour today friday.                         Excelencia's TheDailyStatsSeries:                             ...

ThePredictionSeries: prediction 204.2: friday, February 10 2023 : The Result

10 Feb 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: prediction 204.1: friday, February 10 2023 : Todays Prediction .

10 Feb 2023 4 minute read 1 comment excelencia

If your post was appearing in the NEW rubric of PublishOx around the same time with this prediction post 204.1, stay tuned for the appearance of post 204.2 with the result of the prediction to potentially see your post featured and eventually be maxt...

TheDailyStatsSeries: day 308: the stats from wednesday, february 8 2023

9 Feb 2023 5 minute read 0 comments excelencia

Scrolling down You'll see the actual price situations of BTC, ETH, AMPL AND SPOT and a snapshot of the $BTC, $ETH, $AMPL and $SPOT at a specific hour today thursday.                         Excelencia's TheDailyStatsSeries:                           ...

ThePredictionSeries: prediction 203.2: thursday, February 9 2023 : The Result

9 Feb 2023 2 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: prediction 203.1: thursday, February 9 2023 : Todays Prediction .

9 Feb 2023 4 minute read 0 comments excelencia

If your post was appearing in the NEW rubric of PublishOx around the same time with this prediction post 203.1, stay tuned for the appearance of post 203.2 with the result of the prediction to potentially see your post featured and eventually be maxt...

TheDailyStatsSeries: day 307: the stats from tuesday, february 7 2023

8 Feb 2023 5 minute read 0 comments excelencia

Scrolling down You'll see the actual price situations of BTC, ETH, AMPL AND SPOT and a snapshot of the $BTC, $ETH, $AMPL and $SPOT at a specific hour today wednesday.                         Excelencia's TheDailyStatsSeries:                         ...

ThePredictionSeries: prediction 202.2: wednesday, February 8 2023 : The Result

8 Feb 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 of BTC, ETH, AMPL AND SPOT and a snapshot of the $BTC,...

ThePredictionSeries: prediction 202.1: wednesday, February 8 2023 : Todays Prediction.

8 Feb 2023 3 minute read 0 comments excelencia

If your post was appearing in the NEW rubric of PublishOx around the same time with this prediction post 202.1, stay tuned for the appearance of post 202.2 with the result of the prediction to potentially see your post featured and eventually be maxt...