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AMPL

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Category: Stablecoin Issuance

SPOT Protocol

SPOT Protocol produces SPOT, a low-volatility commodity-money and decentralized flatcoin, by reorganizing AMPL’s supply volatility into perpetual senior and junior tranches. The protocol provides an application for deposits, redemptions, brokering, and wallet interactions, and supports liquidity provision and staking programs for the SPOT:USDC pair. SPOT is intended for users seeking a decentralized store of value, peer-to-peer digital cash, or alternative collateral asset.
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Funding Rounds

Funding Round: Unknown
Funding Date: 1 Dec, 2018
Raised Amount: $1.8M
Funding Round: Seed
Funding Date: 1 Mar, 2018
Raised Amount: $3M

Investors