Sentiment: Positive
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What is Ampleforth?: The Stablecoin With Elastic Supply
By José Oramas at 2024-11-23 04:19
Sentiment: Positive
Ampleforth is an Ethereum-based software ecosystem that utilizes two types of digital assets, AMPL, a stablecoin, and FORTH, a governance token. Ampleforth doesn’t have a fixed supply for the AMPL token. Instead, the protocol reaches price stability using a rebasing system that modifies the supply based on demand. Ampleforth uses Chainlink as its blockchain oracle […] The post What is Ampleforth?: The Stablecoin With Elastic Supply appeared first on CoinCentral. Continue reading...
Categories: Guides
Tags: #Guides #algorithmic stablecoin #ampleforth #Ethereum #stablecoin
Source Coin Central