Ampleforth
$0.74387 7.62%
AMPL · 1w

Kucoin admitted they are stealing AMPLs from customers - What is your opinion?

Hi guys, If you don’t understand what I am saying or you don’t understand AMPL at all, please go to my previous post. [https://www.reddit.com/r/AmpleforthCrypto/comments/ioz87c/kucoin\_ampl\_rebase\_system\_is\_defective\_no\_kidding/](https://www.reddit.com/r/AmpleforthCrypto/comments/ioz87c/kucoin_ampl_rebase_system_is_defective_no_kidding/) So after a lot Ping-Pong emails, Kucoin finally admitted that they are using 2 decimals (rounded down) for rebase, which is equivalent to stealing. [https://imgur.com/gallery/yXVWuED](https://imgur.com/gallery/yXVWuED) And as I calculated, if you hold AMPL from Jan 1st, 2020 to Sep 17th 2020, **you lose 1.01% of your Amples**. Is this acceptable to you? What do you think of it? I know rebase makes it difficult to understand how many AMPLs you should earn, I expect this war against Kucoin not to be a quick one. ​ [View Poll](https://www.reddit.com/poll/iu219t)
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