Ampleforth synthetic commodity-money

Good news, Smart commodity-money has a new comer, Ampleforth which is a digital-asset-protocol. A weak alternative for Central bank money such as gold and silver cannot respond efficiently to changes in demand and these commodity-monies are naturally fair and independent, which was noticed by the creators of the protocol. The Project’s founders designed this “synthetics commodity-money” with a mission to create politically independent money with fairness that spread price information into supply, which is similar to the reaction of thermal expansion happens if they are close to kinetic energy in the natural material’s world.

The protocol of Ampleforth adjust its units(tokens) holders by increasing or decreasing the number of tokens according to the exchange-rate information from trusted oracles, which makes it special. Also these changes, is adjusted in Ample’s market capitalization which makes traders to contrive new scheme to trade Amples and ultimately produce a “movement pattern” with little correlation to Bitcoin than present digital assets. As a result, traders find Amples significantly suited in near, medium and long term uses.

The future of Ampleforth token which is Amples, will become a macro economically friendly commodity-money which will be used as a substitute of a digital-silver of gold, to the central bank-money. Amples is not a stablecoin. It adopted the benefits of price_supply equilibrium, which allows Amples to become free from the monetary problems of fixed-supply commodities, which doesn’t need a central authority.

For more information visit : https://www.ampleforth.org