what is ampleforth
Ampleforth is a cryptocurrency that serves as an alternative to fixed-supply digital currencies like Bitcoin. Its supply mechanism controls the number of coins in circulation based on their price movements. The protocol adjusts the number of AMPL tokens in circulation so varying the token's price. At higher prices, each token will expand, generating more tokens and increasing the overall supply. At lower prices, tokens contract, decreasing the number of tokens in circulation. Ampleforth is meant as a store of value. It tries to maintain its value with minimal volatility, even under adverse market conditions.
official ampleforth site
https://www.ampleforth.org/ currently ampleforth is supported on KUCOIN and
while only on you can find ampleforth derivatives (futures)
Forth is an interesting project built on top of Ampleforth. It is a decentralized exchange whose principal asset is the AMPL token. Instead of depending on third-party liquidity pools, the platform employs a one-of-a-kind smart contract that enables buyers and sellers to engage in a real-time open-market auction to decide fair pricing.
Forth has numerous important aims, including being the world's most flexible and egalitarian decentralized trading platform. The platform avoids front-running strategies used by traders to influence prices on centralized exchanges by adopting an auction-based mechanism, thereby encouraging an open, fair, and efficient trading environment. Its novel architecture aims to address some of the issues associated with traditional order books, such as shady flash loans and harmful transactions.
what is WAMPL
Since Ampleforth automatically shifting balances necessitates unique technological concerns for centralised exchanges, it resulted difficult to integrate.
So Wrapped AMPL (wampl) is a token that wraps ampleforth, and it's not subject to rebase. It makes it easier to use the coin on centralized and also decentralized exchange and platforms.
Currentrly wampl is listed on COINBASE exchange.
