How Does AMPLEFORTH Work? DEFI Explained

So, what is Ampleforth? How does it work under the hood and why do the number of my AMPL tokens keep changing every day? You’ll find answers to these questions in this video.

Ampleforth, in essence, is a new cryptocurrency with a quite unique feature – its supply is elastic and can change every day while the ownership of the AMPL tokens is never diluted.

There are 3 states that the Ampleforth protocol can be in, these are expansion, contraction or equilibrium. Before we explain how they work let’s introduce one more concept – price oracles.

Price oracles are used to provide external prices to smart contracts. There are two main functions of price oracles in Ampleforth. The first one is to provide a current exchange rate of AMPL/USD. The second one is to provide a Consumer Price Index value. The CPI is used to establish a “target price” which is a price of 1 AMPL that the Ampleforth protocol tries to aim for. The target price is currently at $1.009 and it represents the 2019 purchasing power of the US dollar as represented by CPI. The target price plays a very important part of the protocol as it is used in conjunction with the current price to determine if there should be a change in the total supply of AMPL.

The Ampleforth protocol is implemented as a set of smart contracts deployed to the Ethereum blockchain. The AMPL token implements the ERC-20 interface and can be easily exchanged on decentralized exchanges such as Uniswap.

Ampleforth Geyser ►
Liquidity Pools ►

Website ►
Post ►
Patreon ►
Follow me on Twitter ►

Careful Trading Inside of Consolidation

Ultimately, your ability to remain sensitive to market changes is what will allow you to make the necessary changes quick enough to prevent giving back earned profits. This sensitivity can be practiced even without live trading.

Technical Charts – Secrets of the Pros

Technical charts are among the best tools used by professional traders to make a good profit out of their investments. These charts help the trader recognize some patterns and trends in the prices so they can make wise predictions based on technical analysis. It is not just a beginner’s way of getting a feel for the market; even professional or experienced traders refer to their technical charts before making a major trading decision.

Beware of a Fake Emini Course

People with no day trading experience who want to get into it should have no problem thanks to the many day trading courses available. However, there are unfortunately some scams out there, which you want to make sure to avoid.

Technical Analysis Training – What to Look for When Buying

Technical analysis is the use of charts, graphs, and other forms of data illustration to predict the outcome of a market. The subject of technical analysis is actually being taught in-depth in seminars and short training courses. These seminars and short training courses are called technical analysis training programs. A special software on technical analysis is also available to aid both new and experienced traders. Such applications are available to facilitate technical analysis training in the convenience of your own home, without an expert speaker and other trading beginners to discuss with.

Decide First What Trader You Want to Be

Ignoring your psychological fabric when deciding on a trading strategy can make you a basket case and mess up your chances of winning. Think first on paper, who you are as a trader…

Technical Analysis Explained In Easy To Understand Terms

If you are new to foreign exchange trading, you may need a few more details about the best trading techniques. Before you buy a “technical analysis explained” reference book or enroll into a technical analysis training program, here is an overview of what you should expect.

Spread Betting: Make Riches Quick Or Fast Lane to the Poor House?

The real reason why many people start spread betting is that they see in it as an easy way to make riches fast and become millionaires. Most see the potential of spread betting to make them lots of money while sitting in front of a computer sipping tea or coffee but this is far from the truth.

30 Min Scalping Strategy Puts Pips in Your Pocket

The components of this 30 minute scalping strategy can be applied to almost any time frame. If you use it on another time frame please make adjustments for stop loss levels and profit targets.

Trading Binary Options

There is a new trend in online trading, and that is binary options trading. Since more and more people want to trade on the global markets, it is very important to simplify the process of trading and make it easier for everyone. The main reason why binary options are so successful nowadays it’s the fact that it is the simplest way of trading, and people like simple things.

Binary Options Strategy

If you are trading binary options you already know of the big advantages this kind of trading offers. What I will try to show in this article is a very simple strategy that can be applied in certain situations and give great results for those who trade using binary options. The strategy I’m about to explain is based on hedging and tries to obtain high profits while risking only a small investment.

You May Also Like