Ampleforth FAQ

The purpose of this post is to record down some of the commonly-asked questions by the Ampleforth community, and transferring them to an FAQ chat bot over time.

 

1. How is rebase calculated?

Rebase is calculated based on 24hr volume weighted average price. You can view the Ampleforth Dashboard to know the oracle rate (price).

2. What is geyser and how can I earn AMPL by staking LP tokens? 

Ampleforth Geysers are smart faucets that incentivize on-chain liquidity. Users receive AMPL for providing liquidity on automated market making platforms (AMMs) like Uniswap.
 

3. Where can I buy AMPL tokens? 

You can buy/swap AMPL tokens on DEX (Decentralised Exchange) such as UNISWAP & BALANCER.   Reminder: Always verify the URL to prevent scam. 

4. What is the long term goal of Ampleforth?

1. As a synthetic commodity have low correlation with both Bitcoin and traditional asset groups. Check out the Correlation Heat Map 

2. As an alternative base-money for the crypto-economy, without the hard limitations imposed by commodities with capped supply and issuance, like BTC and gold.

Read the White Paper & Redbook.

5. Is Ampleforth a stable coin? 

Ampleforth is not a stable coin, at least for the early stage, due to its volatility. 

6. Where can I find discussion and Q&A videos from the Ampleforth core development team? 

Here are some of the videos (not in sequence based on timeline):

Stablecoins Are Killing It #14 – Featuring Ampleforth

Ampleforth and AMPL | Co-Founder Brandon Iles

Chainlink and Ampleforth Virtual Meetup and Q&A: Defi Needs Better Primitives

Hub CEO and Linkedin CoFounder Eric Ly discusses mainstream adoption with Ampleforth CEO

Analysis in Chain #176 – Interview with Evan Kuo, Founder and CEO of Ampleforth

Ampleforth AMA September 10th 2019

Blockchain show 153: Ampleforth with Evan Kuo

Brandon Iles’ Journey from Creating the 1st Bitcoin Android Wallet to Launching Ampleforth

Epicentre with Evan Kuo: AMPL – the Controversial Digital Currency With an Elastic Supply #351

Ample Geyser Q&A Zoom 7.9.2020

 

 

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