Ampleforth
AMPL

1.190
$
1.76 %
Change 24h
Market Cap
$ 64,355,860
Volume 24h
$ 108,162
Circulating Supply
54,042,505
Total Supply
55,650,077
AMPL
$
# Exchange Pair Price Volume 24h

Description

Ampleforth is a digital-asset-protocol for smart commodity-money. The smart commodity money with a unique elastic supply protocol. AMPL supply expands and contracts in response to it’s price deviating from a 1 USD target. Deviations result in a supply change of AMPLs once every 24 hours, increasing or decreasing the number of tokens in each holder’s wallet pro-rata. Ampleforth is the only asset in the world with this elastic supply property, and therefore has counter-cyclical trading pressure and is uncorrelated with other digital assets such as Bitcoin.