Ampleforth
Ampleforth It is a digital asset protocol for smart commodity money. It is smart commodity money that uses a unique elastic-supply protocol.AMPL Its supply expands or contracts as its price deviates from 1USD target. A price deviation triggers a supply change every 24 hours, proportionally increasing or decreasing the number of tokens in each holder's wallet.Ampleforth It is the only asset in the world with this elastic-supply characteristic, and therefore has countercyclical trading pressure and is uncorrelated with other digital assets such as Bitcoin.
Overview
Ampleforth It is a digital asset protocol for smart commodity money. It is smart commodity money that uses a unique elastic-supply protocol.AMPL Its supply expands or contracts as its price deviates from 1USD target. A price deviation triggers a supply change every 24 hours, proportionally increasing or decreasing the number of tokens in each holder's wallet.Ampleforth It is the only asset in the world with this elastic-supply characteristic, and therefore has countercyclical trading pressure and is uncorrelated with other digital assets such as Bitcoin.
- Sector
- # DeFi
- Ecosystem
- BNB ChainAvalancheNear Protocol
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
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