Exchange rate of PYM (PYM) to Ampleforth (AMPL)

1 PYM = 0.000526 AMPL

Quotation rate chart PYM (PYM):

TOP 10 trades with AMPL

Ticker	Rate	Min	Max	Δ (24h)	Refreshed
AMPL-USDT	51 308.93	1.20	1.24	+0%	2025-03-24 08:44:52
AMPL-BTC	0.000014	0.000014	0.000015	-3.6%	2025-03-24 08:44:52

Other cryptocurrencies

BTC 86 958.44 ^+2.8%

ETH 2 066.33 ^+3.2%

BNB 624.18 ^+0.2%

XRP 2.46 ^+2.0%

Ampleforth (AMPL) is a cryptocurrency project that introduces a unique concept known as "elastic finance."

It aims to create a stable asset with a flexible supply that adjusts based on demand, rather than attempting to maintain a stable price like traditional stablecoins.

Unlike traditional stablecoins that are typically pegged to a specific asset like the US Dollar, Ampleforth uses an algorithmic mechanism to adjust its supply. When the price of AMPL rises above a predefined target, the protocol increases the supply of tokens. Conversely, when the price falls below the target, the supply is reduced. This process is designed to encourage holders to buy or sell AMPL, thus helping to stabilize its price.

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