I have been fielding questions from concerned wAMPLers in the community, so I'll forward a note that was sent out to them earlie

Do repost and rate:

I have been fielding questions from concerned wAMPLers in the community, so I'll forward a note that was sent out to them earlier today.

Volatility is a feature; not a bug. Don’t worry...remember Newton's 3rd Law: for every Action, there is an equal & opposite Re-Action ??

Recall, AMPL’s value proposition is the ; not so much the Market Capitalization – number of AMPLs x Price $USD)

So if you are concerned, we can always our wAMPL into AMPL to resolve our Uncertainties.

E.g., if you have 10,000 wAMPL, then at this time wAMPL Price = $5.76. The Price of AMPL right now is $0.97 --> 10,000 AMPL x $5.76 = $57,600 --> $57,600 $0.97 = 59,381.4433 AMPL. In contrast last week when the Price of wAMPL was $7.40 on 1/18/23 at 5 PM, the total value of 10k wAMPL in possession = 10,000 wAMPL x $7.40 = $74,000 USD. On 1/18/23 at 5 PM, the Price of AMPL was $1.23. $74,000  $1.23 = 60,162.6016 AMPL were held in

So, really the in number of AMPLs is minimal:

  • We went from 60,162 AMPLs --> 59,381 AMPLs =
  • Mathematically --> (60,162/60,162 AMPLs) = 1 = 100%; (59,381 60,162 AMPLs) = 0.987 = 98.7%
  • 100 % - 98.7% = 
Wow - while Price of wAMPL (which is an index of the broader AMPL Market Capitalization: # of AMPL x $USD Price of AMPL) has dropped by 22.7% over the past 7 days, the # (Quantity in circulation has only by 1.3% over 7 days

Such conversion of Price Volatility into Supply/Quantity/# Volatility is one of the core properties of AMPL that make it one of the best building blocks/money legos in Decentralized Finance. The - it has not deviated much from its Price Target.

What is the Price Target of SPOT? The same as AMPL's. AMPL always returns to its Price target of 2019 CPI Adjusted USD ($1.14 today). You can track this and related information at https://www.ampleforth.org/dashboard/

SPOT Geysers go live today! Cheers

Regulation and Society adoption

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