AMPL Rebase Incoming

Who's ready for their daily free money?

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me!

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GEYER OR MORE AMPLE IN WALLET?

What makes more money?

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i drew this

Only do Geyser if you're going to stake for two months to get the bonus multiplier. Otherwise, it's not worth it.

When does the multiplier increase? Weekly basis?

It increases linearly in increments of 0.2x up to 3.0x at two months

So less than 2 months, it would be better to use the 50% of eth for more ampl instead right.

Rebasing isn't free money. it's increasing or decrasing the base of coin supply based on demand. The demand itself, combined with you holding long term, is what gives you money.

Thats what he said
>free money

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Ill dump on you all after todays rebase and will buy back lower laters.

greater fool executed to perfection

and nothing whatsoever to back up that statement. good job

What percent we looking at for tonight

9.1%

>sell high buy low

absolute trading genius

Can you guys help me out?
I am having trouble putting my liquidity tokens into the geyser. When i confirm on meta mask it just says 0.
I am doing 10$ as a test to try to figure it out, do you think that could be part of the issue.

user, the pool's token (UNIV2 something) is a representation of the % you own, whereby 1 token = 100%.

So if you test with $10, your UNIV2 should be like 0.000000001 or something. Hence it says zero because of too many decimals.

Not sure if I'm answering your question correctly though....

Okay. So basically the % of my ownership is so small it will just show up a 0. Makes sense.

Barely possible to do this anymore unless you have the timing of a god

what the fuck is this?

I thought rebase was done automatically

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Just give it a few minutes homie

Oh clicked and it asked for gas fee, I thought you had to click everytime because of it.

yeah honestly don't know why that button is there, but the rebase just literally happened now

It's a public function that can only be triggered once per day. Somebody has to pay for a rebase, and the rest of us should all be sucking their dick for the extra 9% AMPL we all stacked

someone educate my smooth brain how the % is calculated each rebase

It gets the days average buy price (as reported by chainlink price oracles), whatever % that is away from the target price (currently $1.009) divided by 10. Since it hovered mostly around $1.90 today, it's a roughly 9% rebase. That means if the average buy price is close to $3, there's a 20% rebase, etc

does anyone have any info on some projects AMPL will be used for? It would be pretty great to see them added to a nice balancer pool or featured as a stablecoin for something like AAVE

$5 EOY. 15% rebases for 60 days.

hasnt really worked for the last 7 days. This is about the market cap, not $ price, so you would have had small losses trying this. Compared to just buying % of supply 7 days ago and being 35% up.
[pic = marketcap]

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