Maker
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MKR · 3w

Ampleforth for Collateral?

The braniacs on the Maker team should take a look at Ampleforth as a collateral type. Not sure the time is right. It needs to mature a bit but the whole idea is to create a currency uncorrelated to the crypto market with perfectly elastic supply. It's not a stablecoin but it will have stablecoin features as the price targets $1.00 by adjusting supply in a non-dilutive fashion to the AMPL holders. Could eventually be a great collateral for Maker. It's a bit of a mindbender when you first get involved. [https://www.ampleforth.org/](https://www.ampleforth.org/) [https://www.youtube.com/watch?v=6PybmrDgVOo](https://www.youtube.com/watch?v=6PybmrDgVOo)
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