Crypto's Third Primitive
summary
A cryptocurrency with an elastic daily rebase that increases or decreases supply proportionally to all holders based on a Chainlink 24h VWAP feed, targeting the 2019 USD as its price anchor. Live on Ethereum since summer 2019 and aiming for Akala/Polkadot via an Ethereum bridge, the protocol mints or burns tokens daily, giving supply gains to holders rather than lenders, claiming a non-dilutive unit-of-account useful for long-duration contracts and DeFi fees.
AI-written summary · about
chapters (8)
- 0:00Intro
- 0:35What is Ample
- 3:18Stable Contract
- 5:38Stable Coins
- 7:32How it Works
- 8:03Why Not Build a Blockchain
- 9:12Polkadot Ecosystem
- 10:25Ampleforth QA
related talks
27mBuilding Up and Down the DeFi Stack
46mDecoding Polkadot’s DeFi Potential
04mDecentralized Exchanges, Global Regulation, and the Future of Crypto Adoption
31mThe Evolution of Crypto Wallets
33mTechnical Demo: Antonio Juliano, Founder of dYdX
01h 38mBuilding a DeFi App: Code along
25mDigitizing the Real World
23mFuture of Consumer Crypto: Abstract Chain
