Cryptocurrencies Encyclopedia

Max Supply Circulating Supply Issue Date 0 vote(s)
50,000,000 5000000 2019-06-13 13:00:00 UTC
Issue Price Consensus Protocol Cryptographic Algorithm
0.98$ -- --
Source Code White Paper Website Ampleforth Token

A digital asset agreement for smart commodity currencies; smart commodity currencies have a unique flexible supply agreement. The AMPL supply expanded and contracted in response to its price deviating from the $1 target. The deviation results in a change in the supply of AMPL every 24 hours, increasing or decreasing the amount of tokens in each holder's wallet. Ampleforth is the only asset in the world with a flexible supply attribute and therefore has countercyclical trading pressures that are not related to other digital assets such as Bitcoin.

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