Crypto:
29881
Bitcoin:
$68.571
% 0.68
BTC Dominance:
%52.7
% 0.31
Market Cap:
$2.57 T
% 0.03
Fear & Greed:
75 / 100
Bitcoin:
$ 68.571
BTC Dominance:
% 52.7
Market Cap:
$2.57 T

What is Ampleforth (AMPL)? How can we buy it?

Ampleforth (AMPL) 2

Ampleforth (AMPL) built on Ethereum is the first stable token that has an elastic supply. It means that its supply changes daily. In addition, $AMPL is uncollateralized (dissimilar to $DAI), decentralized (dissimilar to $USDC), and censorship-resistant (dissimilar to $USDT) because it has a completely algorithmic asset system.

What is Ampleforth (AMPL) Protocol?

Ampleforth Protocol produces decentralized account units that work on Ethereum blockchain. By the way, the unit of account means a unit of measure of the market value of goods, services, and transactions on the network. It should be known the the protocol consists of AMPL and FORTH indicators. Furthermore, the protocol can increase the circulating supply when the price of AMPL is high. Also, if the price goes down the supply can be decreased. Thus, the price of AMPL can be stable.

You might also like: What Are Cryptocurrency ETFs?

The founders of Ampleforth

The main center of Ampleforth is in Silicon Valley in the USA. Besides, the employees in the team are from essential companies such as Google, Uber, PWC, and EY.  Evon Kuo, the CEO of Ampleforth, is also a former employee of Yahoo and VP of Product. Brandon Iles, Co-Founder of AMPL, worked for Google, and Uber as a software engineer.

Ampleforth (AMPL) The founders

Investors

Another important thing is that the project has received a $4.8 million investment in Seed and Funding Rounds. In addition, some of the investors are True Ventures, Pantera Capital, Huobi Capital, Brian Armstrong, and Slow Ventures.

(AMPL) Ampleforth Investors

AMPL Tokenomics

The total supply is 395,345,189 AMPL and the circulating supply is 46,031,113 AMPL.

Ampleforth (AMPL) Tokenomics

You can also Sign up for Binance with 20% discount.

Token distribution is as below:

  • Treasury 23%
  • Ecosystem 20%
  • Seed 19%
  • Team 17%
  • Public Sale 10%
  • Other 13%
Which exchanges can we buy it?

The AMPL coin very interguing because it is different than other stable coins. For this reason the exchanges we can buy AMPL coins are KuCoinGate.ioBitgetMEXC, Uniswap, and Sushiswap.


You can present your own thoughts as comments about the topic. Moreover, you can follow us on Telegram and YouTube channels for this kind of news.

Leave a Reply

Your email address will not be published. Required fields are marked *