We’re happy to announce that Ampleforth will be running an Automated Price Reserve (APR) for their AMPL token (Amples) on Kyber Network!
AMPL will be accessible through KyberSwap and other DApps and platforms that are powered by our on-chain liquidity protocol.
To date, Kyber Network collectively supports over 70 ERC20 tokens. Learn how to buy/sell ERC20 tokens on KyberSwap with our basic guide.Listing information for AMPL Listing date: 30 January, 2020 Listing time: 9 PM (GMT+8) About Ampleforth
The Ample (AMPL) is a commodity-money, like Bitcoin or gold, but with near-perfect supply elasticity, like fiat. It is the first sound money with elastic supply.
Scarce commodity-monies like gold and silver are naturally fair and independent. They are immune to runaway inflation, but cannot efficiently respond to changes in demand — making them vulnerable to economic shocks and runaway deflation. To address this shortcoming, the project’s founders designed a synthetic commodity-money that propagates price-information into supply.
This automatic supply policy is countercyclical and nondilutive, making the Ample immune to both runaway inflation and runaway deflation.Use cases
The unique movement pattern and monetary qualities of the Ample token, make it ideally suited for the following near, medium, and long term use cases.
Ampleforth intro video:
For more information on Ampleforth (AMPL):Token information
Token: Ampleforth (AMPL)
CMC information: https://coinmarketcap.com/currencies/ampleforth/
Etherscan information: https://etherscan.io/token/0xd46ba6d942050d489dbd938a2c909a5d5039a161