Loading...
Ampleforth is an Ethereum-based set of protocol rules that creates a decentralized unit of account known as AMPL. AMPL serves as the core component of the Ampleforth Elastic Finance Ecosystem. The token is used for lending & borrowing, for building derivatives, and as collateral to support a decentralized stablecoin. AMPL’s valuation tracks the CPI-adjusted 2019 USD reference, while the quantity of AMPL held in users’ wallets automatically moves up or down with changing demand. When demand suggests there is either excess or insufficient supply, AMPL can temporarily move away from its target, yet the price of AMPL will ultimately revert to its long-term target.
Use cases of AMPL:
Decentralized LendingDecentralized DerivativesDecentralized Stablecoin.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|