COVA COVA to Ampleforth AMPL Exchange

Crypto Pair Details: COVA to AMPL

COVA COVA

COVA is a new paradigm for data to be used as capital. Data is quickly becoming the most important asset in the world, yet currently there is no infrastructure to control how it is used. COVA provides a unique solution to this dilemma and allows data owners to take advantage of the commodification of data

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.

SOURCE: COINGECKO

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