Evan Kuo
Engineer / Product
Ampleforth is synthetic commodity money, with an advanced protocol that uses trusted oracles to obta...
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.
Jun 13th, 2019 11:00 am (UTC)
Jun 19th, 2019 11:00 am (UTC)
AMPL
Ethereum
Utility
4 900 000 USD
50 000 000AMPL
5 000 000 AMPL (10.0000% of total token supply)
1 AMPL = 0.98 USD
No lockup
Standard
Required
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