RedFOX Labs RFOX to Ampleforth AMPL Exchange

Crypto Pair Details: RFOX to AMPL

RedFOX Labs RFOX

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

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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