FIBOS FO to Ampleforth AMPL Exchange

Crypto Pair Details: FO to AMPL

FIBOS FO

FIBOS is a platform for creating and developing blockchain application ecosystems Makes it easy for you to create your own value network, it helps developers and entrepreneurs step into the Blockchain world.

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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