Wake and baked dabs and chem dog and atempt to write a overview of Ampleforth geysers liquidity pools & inelasticity

So yesterday PublishOx sent me a message informing me that I needed to be sure and make sure the wallet that I use was able to function with a smart contract. This is due in part to the introduction of a new asset Ampleforth. Obviously I had to learn everything about Ampleforth or as it's friends call it (AMPL).

So happy that I checked into this prestige project that DeLorean gulwing art and the nonsense answer above it was worth the effort alone. Other than me having a meta melt down it turns out that this is a fairly solid project. There is a Fairly good opportunity for return on investment(Roi) through the liquidity ama referred to as a Ampleforth geysers. Basically smart faucets that rewards on chain liquidity.

One thing that I have learned in 2020 if a cryptocurrency project is meme worthy its also a project to pay attention to. So far sushi 🍣 pancakes 🥞 and unicorns 🦄 are 3 for 3 obviously there is a pattern here 🤔.

The AMPL protocol automatically adjusts supply in response to demand. When price is high, wallet balances increase. When price is low, wallet balances decrease that is a unique solution to market volatility.

AMPL is non-dilutive. Supply adjustments are applied universally and proportionally across every wallet’s balance. This means your percent ownership of the network remains fixed.
This is why while your balance is shifting your always will be entitled to the same amount of corresponding assets.

Cryptocurrenices are dangerously correlated. I have personally been expressing my concerns about the Ethereum 2.0 upgrade and the potential Ripple effects to the ERC20 market. AMPL's unique incentives allow it to decouple from Bitcoin's price pattern. This diversifying reduces the inherent to a homogeneous ecosystem.

Perhaps the most important thing about Ampleforth is that it's a reference to a character from George Orwells novel 1984 making it meta commentary on how the asset functions in relation to the character. This is important due to one fact they are having a meme creation contest for a possible prize of $400 for winning the contest is active from 11/24 -12/7 this is the link to the article on PublishOx. https://sendy.publish0x.com/l/okmHcmlAm1zQRaqc63jDEg/gz8P0hq0hGUsU4f26Dr3tQ/gqQln2M892daO1TSdvab5eNw

I am fairly certain that you will need a PublishOx account for this competition so if you're new please consider using my referral link:

https://www.publish0x.com/?a=4QbYRK0dzq

One last thing 2D from the band gorillas says stay safe, stay inside, stay tuned, and wash your ass 😷