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 301: the stats from wednesday, february 1 2023

2 Feb 2023 4 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:                           ...

TheMonthlyStatsSeries: January 2023.

1 Feb 2023 2 minute read 0 comments excelencia

Welcome in Excelencia's TheMonthleyStatsSeries of January 2023! If we take a look at the 4 complete weeks this January 2023, we see that week 3 and 4 were the best 2 weeks in January, exception made for the number of tipping users(25,271)  While we...

ThePredictionSeries: prediction 195.2: wednesday, February 1 2023 : The Result

1 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 195.1: wednesday,February 1 2023 : Todays Prediction .

1 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 195.1, stay tuned for the appearance of post 195.2 with the result of the prediction to potentially see your post featured and eventually be maxt...

TheDailyStatsSeries: day 300: the stats from tuesday, january 31 2023

1 Feb 2023 5 minute read 0 comments excelencia

$SPOT AT $1.19 and $AMPL at $1.01...time to consider minting $SPOT with $AMPL, or is this a  wrong reflexion from 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...

ThePredictionSeries: prediction 194.2: tuesday, January 31 2023 : The Result

31 Jan 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 194.1: tuesday, January 31 2023 : Todays Prediction .

31 Jan 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 194.1, stay tuned for the appearance of post 194.2 with the result of the prediction to potentially see your post featured and eventually be maxt...

TheDailyStatsSeries: day 299: the stats from monday, january 30 2023

31 Jan 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 tuesday.                         Excelencia's TheDailyStatsSeries:                           ...

A SPOT of Bother (and Other Happenings)

30 Jan 2023 1 minute read 3 comments Great White Snark

At some point within the last twenty-four hours, the SPOT that I withdrew from Pub0x landed in my Atomic wallet. However, it doesn't show as having any exchangeable value (which means I can't transfer it out of my wallet or exchange it for anything e...

TheWeeklyStatsSeries: week 4/2023

30 Jan 2023 2 minute read 0 comments excelencia

Welcome in the stats overview from week 4 2023! Always scroll down to see the actual price situations of BTC, ETH, AMPL and SPOT.theDailyStatsSeries | TheWeeklyStatsSeries | TheMonthleyStatsSeries | TheHiLoStats | StatsForEternity We're now at monday...