>>>ampleforth.org
ampleforth is offering rewards for providing liquidity on uniswap
I jumped in & now am second guessing my decision...
pros/cons?
did I fuck up Zig Forums?
Pimplefilth
user this was the best decision you’ve ever made
It all depends on if this project will grow in the long term. I don't know if it will because I don't understand enough about what greater problem it's solving.
Nah man, you're good for at least a couple months
These guys are gonna dump on you
the get & frenpost confirm.
Yeah, once the pool rewards are done. Everyone will dump for profit at that point
valid... but their dump is my gain with ample.
if they scoot my percentage of market share goes up & supply contracts.
You should read the medium & webpage - its very sound & based on heavy esoteric economics. If not whatevs, I am not going to pajeet/discord you on board.
>valid... but their dump is my gain with ample.
>if they scoot my percentage of market share goes up & supply contracts.
thats not how it works you fucking retard
No wonder you think this is heavy and esoteric lol
>once the pool rewards are done
>>>ampltalk.org
"The Geyser on the other hand is a 3 month pilot program currently but the team has plans to keep it going after the pilot phase. The Geyser program is an incentive program which provides extra AMPLs to liquidity providers"
Yet TBD...
>thats not how it works you fucking retard
>t.room temp iq mongoloid nigger
wew lad...
read the whitepaper/redbook
you must be 18+ to post on Zig Forums
>read the whitepaper/redbook
ah, the eternal refrain of ampl shills
>contempt of research
2017 Zig Forumslet here, the same "I don't understand how it works FUD" was also applied to Link and look at where it is today
Please point me to where exactly in the redbook or whitepaper it says that if others sell your % of marketcap goes up
Protip you can't, because it's not in there, because that's not how it works
Don’t dig yourself into a hole there fren. You don’t seem to understand AMPL correctly. Your % does not change with someone selling. If they sell, those tokens are not burned just somewhere else. That means the total does not change and your % doesn’t change either.
However, for the geyser yes if people pull out of the pool then your % of the staking rewards will increase.
>if the exchange rate between Amples and its target is > Pt + δ, the protocol responds by expanding to coin holders proportionally.
>if the exchange rate between Amples and its target is < Pt − δ, the protocol responds by contracting from coin holders proportionally
It doesn't make my percentage of the market cap go up, no.
amples will rebase- I got in under $1
even if people dump on me I am confident in the risk.
And how did you conclude from that that if others sell, your % of market cap goes up? Acquire some reading conprehension, my nigger
What percent we expecting tonight
Then dont say people dumping on you is a good thing. That is not how AMPL works, if people constantly dump you will eventually lose with the negative rebates. Buying price doesn't directly matter, you can always lose tokens.
>reading conprehension
i put in $1000 on day 2 of the geyser and i haven't looked at it since. are we up?
AMPL = Bitcoin 2.0.
I tend to agree. No, I 100% agree.
I never said it was a good thing
I said the geyser is probably not going away & cause a huge bat/comp style dump.
I have $7.5k in & am up $100 rn
>valid... but their dump is my gain with ample.
>if they scoot my percentage of market share goes up & supply contracts.
Please rephrase or think before you post then.
zapper.fi
Check it
dude I am telling you this for your own good, you do NOT understand how AMPL works.
it’s just a regular-ass commodity cryptocurrency like BTC, only with a variable denominator to fool rubes into thinking they are buying something else.
It’s a lot of sound and fury to achieve absolutely nothing. It is not stable, the only way it will preserve value is if the market continues to value the entire market cap at higher than it has before, for absolutely no reason.
The ‘liquidity’ rewards are just another layer of indirection layered on top to get people to buy their useless bags. The team will be selling directly into this artificial demand. Think for a moment, they could easily create this dex liquidity themselves if they wanted.
nah it's actually a word, read a dictionary
Kk
Anyone know?
And if they provided all liquidity like you apparently wish, then it would be even more of a scam...this way they create community and decentralization. The price is currently high because there's high demand. The closer it gets to $1, more demand will meet it, because it provides daily compounded value.
>conprehension
>nah it's actually a word, read a dictionary
you're mother should have laid off the crack while she was pregnant with you.
How could you pick this over RSR user?