Ampleforth
AMPL

1.340
$
3.37 %
Change 24h
Market Cap
$ 93,540,607
Volume 24h
$ 793,122
Circulating Supply
69,896,046
Total Supply
31,628,796
AMPL
$
# Exchange Pair Price Volume 24h

Description

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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