Ampleforth AMPL to RedFOX Labs RFOX Exchange

Crypto Pair Details: AMPL to RFOX

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.

RedFOX Labs RFOX

Southeast Asia’s first blockchain Venture Builder. We innovate with blockchain technology to build market leading companies in emerging markets

SOURCE: COINGECKO

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