About Ampleforth
Ampleforth is a decentralized finance (DeFi) protocol that focuses on creating a digital currency with a unique elastic supply mechanism. This mechanism allows the currency's supply to adjust based on demand, aiming to provide price stability and a reliable medium of exchange. The protocol is built on the Ethereum blockchain and utilizes smart contracts to automate the supply adjustments. Ampleforth's native token, AMPL, is designed to be used in various DeFi applications, enabling users to participate in lending, borrowing, and trading activities. The project emphasizes community governance and aims to create a more resilient financial ecosystem through its innovative approach to monetary policy.
Company facts
- Industry
- Computer Software
- Sub-industries
- Blockchain, Cryptocurrency, Decentralized Finance, Smart Contracts, Financial Technology
- Location
- San Francisco, United States
- Employees
- 1–10
- Revenue (USD)
- 1–5M
- Founded
- 2019
Products and services
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