It is time AMPL bros
Just deposited into AMPL/USDC balancer smart pool.
It is time AMPL bros
Camden Gonzalez
Samuel Ross
Did they release the smart pool now or it's been released for like a month now?
Asher Evans
It's been up since beginning of October.
Andrew Hill
never been comfier in my entire life. i can feel aths ;)
Logan Perry
is it better to put ampl in the smart pool or just hodl?
Lincoln Peterson
It's gonna hit $1.50 and crash just like all the other times.
Eli Hall
COPE. NGMI.
AMPOLOGIZE NOW YOU SISSY
Angel Campbell
I have AMPL. I'm not coping, I'm beaten and tired.
Dylan Hernandez
Just hodl
Carter Rogers
Tired bagholder here. Was there news or is it just random pump?
Nicholas Clark
Get your INJ now before you FOMO...
Every bit of Injective Protocol is to benefit its users and Injective Derivative Protocol is no exemption as this protocol allows traders to create, enter into and execute decentralized perpetual swap contracts and CFDs on any arbitrary market.
Samuel Perez
Nobody cares, weak ass meme. Fuck off pajeet
Adrian Gray
seething
Kevin Martinez
This is an ampleforth thread shill niggers. Fuck off.
Jaxson Turner
This will hit $1B before the end of November and top 10 early next year. Can't stop accumulating.
Eli Flores
I've heard that before.
Grayson Harris
Yes. in the last positive rebase greed/fomo cycle AMPL hit a 600 million marketcap starting at around a 10 million marketcap. Now we are starting at a 100 million marketcap, you do the math.
Jonathan Martinez
the last positive cycle lasted 4 days.
not worth holding through 27 days of negative for that
Justin Peterson
Oh look its AMPLs monthly pump just in time for the investor dump
Justin Martin
People FOMO'd in because they didnt have a clue what rebases really were and thought it was a magical money printer.
Rebasing tokens are absolute kryptonite in DeFi at the moment and AMPL isn't gonna make major waves until actual usecases are created and investors token unlocks finish.
Ryan Wilson
This
Nigga don't be stupid. First ya dropped from 600 to 250m, then continued to have a few day pump followed by another 50-100m loss.
MCAP was below 100m when this pump started. Why the fuck would it magically be 'the one' when nothing has changed?
At least RMPL is trying different shit, despite being hot garbage.
Jose Johnson
>usecases
that's so 2017
Jace Lee
I dont fucking get it. Rebasing is just an accounting thing, why would it affect anything?
Brandon Campbell
Jack Robinson
Zig Forums loves paper gains and rebases give some of the best euphoric free money feelings until the rug is pulled.
Matthew Powell
>The IQ test
Nicholas Walker
Logan Brooks
The USD value next to your stack is not affected though
Daniel Brown
Yeah ok
>This summer pic related
Samuel Collins
A lot of coins make gains based on hype, the fact that you're up doesn't mean the idea is sound. A rebase is just changing the unit of account or am I missing something? The price adjusts the moment a rebase is done so if your stack doubles the price halves? I feel like I'm missing a piece of how it works.
Jayden Hughes
I don't get what you are saying.
but the total USD value is affected.
what part of AMPL don't you understand?
Matthew Harris
Let me try to explain, I'm genuinely confused.
Let's say there's a rebase where supply is doubled. This should mean the price halves. So what's the point of rebasing?
Aiden Lopez
Yes it does change the unit of account, so you just look at the total marketcap for knowing when you've made a profit or loss.
The theory the team has is that merely changing the unit of account from price to quantity is enough to sustain a bull run. Human psychology - whether they are right or wrong remains to be seen.
> if your stack doubles the price halves
No it's more gradual and smooths out, it walks it down a few cents at a time over days and weeks rather than cutting price from $2 to $1 overnight. it's not as hard adjusting . Theeir site has documentation on the price formulas and how they do it with a price oracle.
Caleb Lee
>The theory the team has is that merely changing the unit of account from price to quantity is enough to sustain a bull run. Human psychology - whether they are right or wrong remains to be seen.
Okay. Ngl this sounds retarded.
Angel Butler
if price crashes that's because of selling pressure on the open market. the rebase moves the price towards the target a tiny bit only. market pressures still have a lot more control now. that's why rebase hell was so long and why it stayed under $1 for a long time.