AMPLCALC
Updated 54 days ago
AMPLcalc is an Ampleforth Return On Investment calculator...
AMPL is an elastic supply digital currency which adjusts supply daily based on market conditions. In short, above $1.06 the supply expands (called a rebase). There is no airdrop, you are buying a % of supply, so every day at 10pm est there is a supply change and your wallet balance changes. The same is true if the price goes below $0.96 - your token amount in your wallet will reduce, but your % of supply stays the same. This creates incentives for traders to buy and sell as the supply expands and contracts and eventually brings the price back to $1.