Ampleforth
Ampleforth is a digital-asset-protocol for smart commodity-money. The smart commodity money with a unique elastic supply protocol. AMPL supply expands and contracts in response to it’s price deviating from a 1 USD target. Deviations result in a supply change of AMPLs once every 24 hours, increasing or decreasing the number of tokens in each holder’s wallet pro-rata. Ampleforth is the only asset in the world with this elastic supply property, and therefore has counter-cyclical trading pressure and is uncorrelated with other digital assets such as Bitcoin.
News
Ampleforth's Flatcoin project has completed a $1 million strategic funding round, with participation from Coinbase Ventures.
Asymmetry and Ampleforth Launch afUSD Stablecoin Aimed at Decentralizing Market
Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar
RT @0xSpuddy: USPCE update just came in for Ampleforth. There was a huge jump from December to January, now just a steady increase from Feb…
RT @THECHAINMEDIA: In a world of financial distress and trouble, #Ampleforth shines with its goal "to create a safer, more resilient financ…
PSA: Ampleforth hosts office hours on the official Discord server every Wednesday at 4 PM ET. Not already there? Jo…
Avalanche Integrates Ampleforth to Boost DeFi Ecosystem