Ampleforth

ampl

$1.27- -1.49%24h

Market Cap (USD)

$17,839,827.00

Circulating Supply

14,057,826.15

Homepage

https://www.ampleforth.org/

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.