
What is Ampleforth?: The Stablecoin With Elastic Supply
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...