https://www.ampleforth.org/

#Eli5AMPL explanation/simplification

By Hermitworldwide | Writing contests | 25 Dec 2020


AMPLE token explained for #Eli5AMPL

 

As demand changes, supply changes, wallet balance changes. Real position of value is maintained something like the life buoys tied to boats and ships, as the water tides rise, the buoy rise. As the water tides fall,the life buoy falls but what is maintained is the position where the life buoy is tied to the boat, the ship or the pole. 

 

Meaning that the money in the wallet is safe it just changes a bit by the changing number of clients who are actively buying or selling the AMPLE token at the given time.

 

https://www.ampleforth.org/

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Hermitworldwide
Hermitworldwide

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