Ampleforth’s Token Design Adjusts Supply Toward a Dollar Target
Photo: TokenPost
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 reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
