USDQ USDQ to Ampleforth AMPL Exchange

Crypto Pair Details: USDQ to AMPL

USDQ USDQ

USDQ is a decentralized stable coin, which is backed by bitcoin and pegged to the dollar, so 1 USDQ = $1 USD.

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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