These guys created a version of AMPL with no negative rebase, instead they burn transactions to punish the sellers rather then investors.
ReSupply - AMPL with no negative rebase
Sebastian Howard
Alexander Nguyen
Let me guess they want to raise 2000 eth and the team is user?
Gavin Foster
>we can create balance without any negative consequences
kys ugly poorfucker. take the vaccine.
Brayden Moore
Negative rebases is why AMPL is useless. Without it this shit might have a real use case
Alexander Carter
They increase transaction burns, there is negative consequences for the sellers but the investors are protected. This will also incentavise investors to buy below $1 so the coin won't be suppressed as long as AMPL and act way less of a PnD coin. The negative rebase is the reason why AMPL will fail
Ethan Cooper
only 700 ETH, nice try kid
Jordan Bell
>The negative rebase is the reason why AMPL will fail
This isn't true at all, not having negative rebases makes the token essentially a ponzi. See: xEth. Obviously the devs of this token fucked up horrendously but the core mechanic stands that without losing tokens, you create massive bagholders out of essentially made up value. I do think this is gonna be a good month long play however. I just don't see the longevity of it. This won't be some worldchanging top 50 token, ever. But good p&d? Sure
Jonathan Cruz
I’m just trying to move my sister out of Pakistan. If I can get a 10x she will live comfortably in the UK.
James Robinson
So is everycoin in the world other then AMPL essentially a ponzi? How does that even make sense? The transaction burn means any large bag holder is heavily incentivized to only sell above $1 helping the price reach stability.
The negative rebase on AMPL just makes it easier to pump after deflating the supply enough, that is why it will only ever be a PnD coin
Juan Hernandez
resupply your sister ranjesh