/afg/ - Ampfleforth General Thread

$3.00 Spartans Edition

Average 24hr Oracle price: $1.98
Previous Rebase Yield: 9.6%
ampleforth.org/dashboard/

What is Ampleforth?
Ampleforth is an elastic supply currency whose supply scales with market cap.

What makes Ampleforth different than other coins and tokens?
If you own 1% of the supply, you will always own 1%.

How does the AMPL supply change?
AMPL supply changes nightly at 10pm EST, called a rebase. If AMPL price is outside the threshold (currently $0.95-1.05), AMPL supply is changed to bring the average price per AMPL closer to $1.

Are there extra incentives for early adopters?
Yes, AMPLs can be staked in the 90 day geyser to help provide liquidity to Uniswap. Stakers will receive rebase reward plus 2x-3x AMPLs locked in the geyser.
ampltalk.org/app/forum/ampl-geyser-19/topic/about-the-geyser-21/

What are the goals of the project?
In the short term, to be a speculative currency, and in the long term a stable reserve of value that can be adopted by institutions but still have liquidity for everyday transactions.

What developers and private capital backers are with the project?
An impressive list of American developers and engineers, along with Brian Armstrong of Coinbase.
ampleforth.org/about/

Where can I buy?
Uniswap
Kucoin
Bitfinex

Links:
ampleforth.org/
ampleforth.org/basics/
ampleforth.org/redbook/
White Paper - drive.google.com/file/d/1I-NmSnQ6E7wY1nyouuf-GuDdJWNCnJWl/view

Attached: 3dollar-ampl.png (1280x791, 1.11M)

Last night we were at $2.30, now up to $2.60. Spartans are going to the moon today.

so...my ampleforth increased in token amount. do I get to keep those? it’s just sitting in a wallet and yet it increased.

As long as the price stays above $1.05, yes.

does that mean i’ll lose some of my original stack if it goes close to that?

It will also increase today (+10%)

you will start to lose tokens once it goes under .95 cents

good luck brining it down there when people receive literal free money every day, that might only happen at a few hundred millions worth of mcap, basically its trying to find its real value so everyone has enough AMPL, then it stabilizies at that, could be at 100m, could be at 1b

the current INSANE growth indicites that its not nearby.

$3.00 in a few hours? We're about to break $2.70.

Even if the price drops to $1 in the next few minutes, you will still not see decrease in your holdings in the next 10 days or so

Derp, still wiping the crude out of my eyes, was just 2.66 for a sec

make sure to put your stack in geyser the rewrads are linear 2x after 30 days 3x after 60 ~

$2.75 incoming!!!

Explain.

I have nothing in geyser man. Just enjoying the rebases atm

It goes up everyday because it's linear, so after a month the geyser gains are doubled and so forth up to the 8 week limit where it's 3x

Mania.
Buyer beware.

please fucking dip down to 1.5 or 1.75 atleast, i wanted to buy at 1.5 2 days ago AND THIS SHIT IS NOT GOING DOWN AAAAAAAAAAAAAAAAAAAAA

SCAMCOIN SELL

25m marketcap. It's just begun.

Today’s rebase is 10.6%

Sounds like absolute too good to be true bullshit anons but enjoy your pump

Pls understand how the coin works

It'll be more than that for sure