Living proof that Zig Forums hates money.
>hurdurr the fundamental doesnt make sense why do we need something thats elastic and its nothing more than paying for a cup of coffee
Living proof that Zig Forums hates money.
>hurdurr the fundamental doesnt make sense why do we need something thats elastic and its nothing more than paying for a cup of coffee
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where to buy?
DELET UNTIL $0.90
Will it dip bros please make it dip
this
Uniswap for DEX
Kucoin for CEX
hurhurhur with a rebase of 9.6% yesterday, normies will start flocking in because this is a 'project' that generates massive compounding interest everyday.
Delet this OP
i wish i had $20k to put into this
Fuck I wish I had more than $2k.
I'm literally getting left behind REEEEEEeeeeEEEEeeee
>waiting for dips on ampl
Ngmi
you guys had 5 days lmao
AMPL's smart contract design allows the increase and decrease of supply to be automatically executed without any need for a transfer between peers, and without the need for a bank.
The monetary protocol automatically adjusts the supply of AMPL across all user wallets based on price. This means the number of AMPL you own changes based on market conditions. When price is high wallet balances automatically increase. When price is low wallet balances automatically decrease. This supply adjustment operation happens once per day and is called a rebase.
This daily rebase operation is applied universally and proportionally across every wallet’s balance. This means AMPL is non-dilutive. Like Bitcoin, if you own 1% of the overall network you will always own 1% unless you actively make a transfer.
>buy my stablecoin bags
If it doesnt dump below $1, does that mean every single rebase is positive and it will keep compounding?
FUUUUUUUUUUCK
yes
RREEDEEEEERERERERDERODOO
This user still don't get it, and probably never will. KEK
N G M I!!!!!!!!!
Why would you use Kucoin over Uniswap for this?
I wouldn't, just saying for anyone who prefers a CEX over DEX. I mean there are people who prefer setting bids to buy at their desired price rather than market buying at current price.
I put 100 eth into it at 1.50
based
this coin is so fucking based holy shit
reBASED*
>mfw refreshing my portfolio and seeing it go up every time I hit f5
t-t-thanks ampleforth
i own .0005% of the supply. a..am i going to make it
>AMPL goes back to ~$1
>AMPL reaches 1 billion market cap
500k is comfy tier. Play your cards right and you can make it.
Yes
Rebased indeed.
what is the oracle price based off of? it looks like the price is around $2.38 but it's showing up as $1.98 on the dashboard
weighted average over 24 hours period. Or else you would spike the price 1 minute before rebase.
The oracle rate is averaged between rebases
ah gotcha i see now
Both wrong.
AMPL is the first "forever-moon" token. Its a self reinforcing moon machine that can never dump.
rebased is based on the oracle rate
ampleforth.org