|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|
|Source Code||White Paper||Website||Ampleforth|
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.