Ampleforth (AMPL)

Ampleforth (AMPL)

Price
$1.20 (-0.34 %)
฿0.00001239 (-0.41 %)
Market cap
$135 322 516
฿1 404.07
Volume (24h)
$398 973
฿4.13
Supply
127 363 428 (Max)
113 366 991 (Available)

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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.
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