Review on Ampleforth by francis fernandez

Name: Ampleforth
Item: Ampleforth
Rating: 5

October 29, 2020

Ampleforth: a self-regulating token of the inflation and deflation process of the exchange market

Ampleforth is a platform that provides decentralized finance services within the Ethereum blockchain in order to market its Ampl digital asset with adaptive criteria to the economic conditions in the market at a given time.
The mission of this Ampl token is to regulate the deflationary or inflationary process that it may suffer according to market conditions, as a result of the law of supply and demand. Because of this it is known as an elastic or adaptive token.
Token:
Ampl is an ERC-20 token. It is a particular digital asset with a behavior adaptable to market circumstances. This can be seen in the balance of its users' portfolios at the time the token changes in value to adjust its value.
Technology:
To achieve equilibrium or regulation of the exchange market; The Ampl token uses smart contract technology to make the changes necessary to bring the asset's price to breakeven.
This balance is achieved through the implementation of the law of supply and demand; allowing the supply of Ampl to decrease when demand falls and vice versa. This procedure runs automatically through the use of smart contracts.
Token Utilities:
 It allows to control the value of the token in the cryptographic market.
 It serves to balance the value of the currency.
 It allows to avoid transfers between pairs of cryptocurrencies.
 It allows to regulate the value of the digital currency without intermediaries.
 It allows the supply of tokens to adapt to the needs of the market.
 It offers an innovation that integrates economic policies with blockchain technology.
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Pros

It allows to implement smart contracts to regulate inflationary or deflationary processes that the cryptocurrency may suffer.
Omits the need to dispense with a market regulator
Eliminates the possibility of transferring between pairs of assets.
Avoid the loss of value of the digital asset in the market.

Cons