Review on Ampleforth by erdi yılmaz
Always Stable
With Ampleforth, the DeFi industry has undergone a serious transformation. Many DeFi projects have tried to emulate AMPL's economic model. AMPL has both the cryptocurrency feature and the flexible supply structure of traditional currencies. This has been one of the biggest innovations in this industry. We can call this the most prominent feature.
AMPL Coin is a kind of stablecoin. hence its value is equal to 1 dollar. If the value of the AMPL rises above $ 1 or falls below $ 1 during the periodic swap period, the supply will stabilize and the price will adjust back to $ 1, so a change in supply and demand does not affect its value. The innovation it brought can be expressed briefly in this way. An innovative and beautiful project to protect the value of user assets.
While AMPL is not yet listed on a giant platform like Binance, it is listed on Bitfinex and many other platforms.
Pros
- developing innovative solutions
- Listed on many crypto exchanges
Cons
- needs time
