Ampleforth is a digital-asset-protocol for smart commodity-money. The smart commodity money with a unique elastic supply protocol. AMPL supply expands and contracts in response to it’s price deviating from a 1 USD target. Deviations result in a supply change of AMPLs once every 24 hours, increasing or decreasing the number of tokens in each holder’s wallet pro-rata. Ampleforth is the only asset in the world with this elastic supply property, and therefore has counter-cyclical trading pressure and is uncorrelated with other digital assets such as Bitcoin.
Bitsten Token, created to support the Bitsten Exchange project, and will be the largest exchange in Indonesia and Asia in the future, we use a very small fee and share the profit of the company to the token holder as a reward, for its contribution to transaction in Bitsten.