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  • Ampleforth – Smart Commodity Money

    The Ample is a commodity-money, like Bitcoin or gold, but with near-perfect supply elasticity, like fiat. It is the first sound money with elastic supply.The Ampleforth protocol always seeks a price-supply equilibrium, and will automatically enter a state of unrest until it finds one. Although Amples have an equilibrium price-target, they cannot be thought of as a stablecoin initially. Specifically:1. User balances can gain or lose value.2. The time to reach equilibrium is market dependent.