AMPL AUDIT

SCAM ALERT:
AMPL funds have not yet been audited and the team have not provided any details on how to audit. There is no way to prove that every AMPL is 100% backed. I'm getting tether vibes from this. Be careful if you have any AMPL. Once the market realises it could go to 0.

Attached: ampl_tether.png (250x250, 14.54K)

Other urls found in this thread:

github.com/ampleforth/ampleforth-audits
twitter.com/SFWRedditImages

its not backed by anything, thats the point retard. its backed by basis of demand and supply.

So what happens to the price when everyone tries to cash out? You all get rekt.
At least with an audited stablecoin everyone can get their money back.
It's only a matter of time.

AMPL shills never want you to know the answer to this question

hmm? maybe every coin in existence wrecks u if everyone tries to cash out? MAYBE WERE BETTING ON THE IDEA THAT THERE IS MORE DEMAND THAN SUPPLY FOR AMPLE, JUST LIKE EVERY SINGLE TIME YOU LONG A COIN. YOU ARE SO FUCKING DUMB. YOU WILL NEVER MAKE IT.

>maybe every coin in existence wrecks u if everyone tries to cash out?
Maybe you dont know how an audited stablecoin works.
For every USDC in existence, there is $1 in reserve.
For an unaudited coin like USDT and AMPL, if the market gets spooked and too many people cash out most people are left with worthless bags.
Stay out of threads if you dont know what you are talking about.

Weak fud thread from last week.For audit findings see:
github.com/ampleforth/ampleforth-audits

You tards are really coping with missing out lmao

AMPL is not a stablecoin

It's still not too late to buy you fucking retarded fudders.

Learn to read, we aren't talking about code audits, retard.