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Ampleforth
Ampleforth is a decentralized elastic-finance protocol ecosystem. Its AMPL unit-of-account token targets a CPI-adjusted dollar through supply rebases, while FORTH token holders govern the protocol and DAO.
Distributed
Description
Ampleforth provides decentralized financial infrastructure built around AMPL, a price-stable but supply-volatile cryptocurrency used as a unit of account and collateral asset. The ecosystem includes FORTH governance, tranching primitives for creating derivative assets with different volatility profiles, and the SPOT protocol, which uses tranching to provide a decentralized flatcoin. It also operates Geysers, smart-faucet staking programs that incentivize AMPL and SPOT on-chain liquidity.Grant Funding
VC Funding
None
2018
$0
$4.8M