Ampleforth AMPL to OKCash OK Exchange

Crypto Pair Details: AMPL to OK

Ampleforth AMPL

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.

OKCash OK

OKCash was initially launched in November 2014 with the name Positive Innovation for Multi Payment Cash solutions. It was later rebranded to OKCash. OKCash aims to be the social cryptocurrency. OKCash is also developing positive relationship with other cryptocurrencies by helping release a custom wallet for Gaia based on the previous OKCash design. OKCash is now in its PoS period.

SOURCE: COINGECKO

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