Literal insider here. We don’t have much time. Let me tell you what's about to happen AMPL will have a series of positive rebases and moon to over 1.75. Only big brains understand what happens next.
We are about to witness a positive feedback loop the likes of which has never before been seen in crypto. The charts only tell half the story. Do not concern yourselves with the price. Think about market cap first. This thing is going to pull a STA/BNT run.
AMPL fits within the eth-defi economy and is designed to be a “collateral coin”, think “coming to compound / aave and Balancer next. It has THE most interesting tokenomics, with a daily change in supply, designed to keep the price near $1.
If the price is above $1 then the supply increases (called a rebase) - [assuming a rebase supply re-calculation of 5% for simplicity] if you hold 1000 tokens, the next day you have 1050, at the same market rate. This happens every 24 hours. It also is weighted so at $1.01 the rebase is around 1%, at $1.20 it is around 5%. DAILY. This is a chance to get in on the ground floor of a potentially massive liquidity incentive program. Investors include Pantera and FBG Capital and Big BRAIN FROM COINBASE with a personal investment. This is high risk ultra hi test make-it-in-12-months-with-little-effort play of the goddamn century.
The Plan: Buy AMPL on uniswap. Deposit into the eth-ampl liquidity pool on uniswap. Deposit the uniswapv2 pool tokens to the liquidity incentives “geyser”. Wait. Profit.
Sometimes, making it really is this easy. Here’s a hint: something just launched, look into it
Read the fucking post you idiot. Goddamn, I can't BELIEVE we are this early. This post is PRECISELY why we are early as hell and why normies won't "get" AMPL until we each have $500K in our bank accounts and $1M in AMPL.
Josiah Johnson
What’s the make it stack?
Mason Baker
5,000 is a good amount. 10,000 and you make it in one year. simple as that.
geyser
Joseph Young
Sitting on 20k
Leo Bennett
That's a make it stack fren. Don't touch it. Buy more if we go under $1 again, IMO we won't.
Ethan Powell
>geyser get some
Henry Williams
geyser of coooooooooom
Joseph Morgan
I looked into this before but where’s the gain potential If the point of the coin is to keep the value the same. It looks to me like a stable coin with a small bit of upside
Easton Parker
It's gonna go parabolic since people won't be selling since there is gonna be vast amounts getting locked up in the pools yet people will benefit from the rebase
I think. It really is big brained.
Daniel Rogers
I posted about AMPL a few times on here and nobody gave a shit. No discussion. It's almost like nobody understands yet.
Hmmm. Kudos to you tho. Let's get it.
Brody Butler
You don't get it. Read the OP and make sure you understand what you're reading.
Carter Diaz
Even then, the loss will be nearly impermanent since it will go back to a dollar eventually. I think OP is onto something.
Sebastian Ward
I get why people would want to buy it if other people are buying it getting some of that sweet rebase money. But why would anyone want to buy it in the first place? What is going to drive adoption beyond speculation?
Dominic Butler
No shit sherlock.
UNDERSTAND AMPL. It's high risk / insanely euphorically high reward.
Evan Hughes
What happens if it goes below $1?
Camden Long
You lose on rebase.
Colton Gutierrez
i lsot money holding this shit
Nolan Murphy
Because you didn't know how it works, bought at the wrong time, or have weak hands.
Luis Powell
Literally impossible unless you are actually retarded
Hudson Morales
Intredasting. Most people will miss this because it's not supposed to be traded or bought and held like other shitcoins. Thx for the post OP
Jacob Butler
I'm still confused about how Ampleforth works.
>pegged to $1 >supply dynamically expands and contracts to maintain this peg
If the supply expands too much, would this cause a crash in price to sub-$1 where the system takes AMPL away from your balance to maintain the $1 peg?
Joshua Adams
Where is Ampleforth currently standing in terms of further improving the product? The latest medium article seems to be from march
Jacob Ramirez
Yes
Noah Williams
Not really. If he bought heavy above $1 we have dipped. Only for a bit tho.
Patience wins.
Hudson Hall
Search around the channels. Big wormholes now.
Justin Lee
So AMPL gains is really a game of timing the supply expanding and contracting? I take it that the token gained in the expansion should be enough to offset any tokens getting confiscated?
Mason Martin
below $1 - buy and wait - above $1 - wait and then sell high
Caleb Cooper
Providing liquidity on uniswap means longing volatility basically and Ampleforth is all about volatility. Add to that the new liquidity incentivization called geyseir which is rewards you based on the liqyidity you provide on Uniswap.