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All prices / Ampleforth
AmpleforthAMPL
Rank #2277$1.16▼4.58% in 24 hours
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About 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.
Categories: Decentralized Finance (DeFi), Rebase Tokens, BNB Chain Ecosystem.
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