TOKENPOST
1 min read
Add as a preferred source on Google

Ampleforth’s Token Design Adjusts Supply Toward a Dollar Target

The protocol changes the number of AMPL tokens in users’ wallets as it seeks to move the price toward a CPI-adjusted dollar target.

By Simon Yoon
Published
Blank metal tokens sit in an open wallet around a brass ring / TokenPost.ai
Blank metal tokens sit in an open wallet around a brass ring / TokenPost.ai

Ampleforth (AMPL) is designed to pair a price target with a changing token supply. Its protocol automatically adjusts the number of tokens in users’ wallets to move AMPL’s price toward a dollar target adjusted for the consumer price index (CPI).

The design makes the token supply volatile while aiming for price stability.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…