The Ampleforth protocol receives exchange-rate information from trusted oracles, and propagates that to holders of its units (Amples) by proportionally increasing or decreasing the number of tokens each individual holds.
For traders,Show more [+] ese changes in exchange-rate and quantity translate into changes in Ample’s market capitalization. Traders with short time horizons, especially those using automated or algorithmic approaches, will thus have to devise new strategies to trade Amples.
Ultimately, unique trader behavior in response to the protocol’s incentives, is expected to produce a step-function-like movement pattern with lower correlation to Bitcoin than existing digital assets. This makes Amples uniquely suited for the following near, medium, and long term uses.
1. NEAR-TERM USE
For diversification in cryptocurrency portfolios
2. MEDIUM-TERM USE
As reserve collateral in decentralized banks such as Maker DAO
3. LONG-TERM USE
An alternative to central-bank money, like bitcoin but macroeconomically friendly
Hello crypto community! Here's an exciting update. The highly anticipated Polygon airdrop has commenced. Ensure you visit their website to see if you qualify and collect your free Matic tokens. I just claimed 900 Matic, valued at $460. Your share may differ based on your blockchain activity.
Hello crypto community! Here's an exciting update. The highly anticipated Polygon airdrop has commenced. Ensure you visit their website to see if you qualify and collect your free Matic tokens. I just claimed 900 Matic, valued at $460. Your share may differ based on your blockchain activity.
신용 카드가 필요하지 않음 