/biz/ - Business & Finance

>>52961354
did he mention it by name? no.

>>52961354
So you think we're going to get rich off q stable coin?

>>52961387

>>52961354
>>52961413
would you buy AMPL, SPOT or FORTH?
not sure which one to invest in

>>52961354
Ampl is obsolete. It was cool first if it's kind but basically no real use

If you disagree then please convince me otherwise

>>52961428
I agree with the first part. But NOW you have to adapt to a new situation where Spot is a non rebasing derivative using Ampl tranched as collateral. So no Ampl is essential to mint the best inflation free fully decentralized currency in the planet. Convince me otherwise.

>>52961426
Spot is just a good store of value. It’s inflation resistant but you won’t make money on it apart from maybe swinging it a few percentage either way. Ampl is essential to mint Spot. Forth is just the governance token. So you tell me?

>>52961354
>>52961413
What's the difference between this and UST?
As far as I see the sole difference is that it updates the price of the Stablecoin only once a day, which let's you 23 hours to manipulate the price.
https://docs.ampleforth.org/learn/about-spot
https://docs.ampleforth.org/learn/about-the-ampleforth-protocol#ampl-example
>In the case of AMPL, rebases occur once daily and oracle requests are O(1) per day.

>>52961470
Nothing remotely like it in terms of design. Im not gonna spoon feed you and for your sake you need to learn to research not just rely on trust me bro.

So do it.

https://drive.google.com/file/d/1MTp3vGLBtCp4Pte7o

>>52961483
>he doesn't know what to answer so he posts something without any sort of content
>continues by posting an old link from his shilling folder he received when he got hired for 5 cents per (You).
Tell your employer that it's funny that they first shittalk algorithmic stablecoins
https://docs.ampleforth.org/learn/about-the-ampleforth-protocol#applications-now-and-looking-forward
and then later on, on the same page, praise the usecase of algorithmic stablecoin

>>52961514
Thanks for your input.

>>52961450
>>52961463
what i dont get is how they adjust the amount of tokens you have dynamically. have they got some wacky wallet or something?

>>52961609
Done onchain. You can’t avoid the Ampl rebase.


4chan is terrible. I can't pass the captcha, tried 10 times already lol.

Can someone just post this?

>>52961354

Spot is not an algorithmic stablecoin

Heck, it's not even a stablecoin.

It is backed by perpetual bonds that are created every week, each bond is 80% more resilient than the previous weeks bond.

UST was backed by a volatile fixed-supply crypto

Spot backed by a bond with 80% of the volatilty segmented away, and any volatility it may enounter is supply based NOT price based.

Ex:
Ampl can go to zero, 100% loss and the bond for the week is only affected by 7.7%. Thats the max the supply can shrink in a 24 hour period.

Then the subsequent new bonds each week are less and less affected, they start a brand new cycle from 0.

An Ampl dev calculated a scenario where Ampl supply shrinks 90% in a month, and Spots price only degrades by 15% because each weela bonds absorbs the volatilty.

Can't say the same for UST. A 90% drop in Luna in one month means the whole ecosystem fails.

>>52961354
Sounds like the crypto equivalent of a perpetual motion machine, ie fake and gay

>>52961953
Ok…

>>52961483
>page not found

>>52962017
Try not using windows 95 my Bombay buddy.

>>52961354
No, he didn't.

>>52961354
selling spot stacking wampl stacking tranches

>>52961354
some 20yr old retard with intelligence and no wisdom said do a thing. He has 0 ability to make any predictions about the future.

He means RAI

>>52961387
Call me dumb, this was my first question

>>52963086
spot is the stablecoin. ampl is the collateral. if its successful the market cap of ampl should grow, which means you would get more ampl through rebases or if youre holding wampl the price of wampl would go up. wampl is just a percentage claim on the ampleforth marketcap that doesnt rebase.

>>52961354
That's actually olympus dao

why the fuck would I want a stable coin?

>>52966662
So you can have the same amount of money you already have, but with an increased risk of it going to zero.

>>52961354
>Vitamin said
opinion discarded

>>52966662
You might not but there is over $140B in stable coins so there is a demand.

That $140B is mostly centralized permissioned stable coins that are subject to inflation (lost 10% purchasing power over the last year - $14B)

Spot solves both the problem of centralization and inflation to stable coins.

The real alpha here is realizing that AMPL is required to mint SPOT and therefore AMPL captures the gain from adoption of SPOT.

So if you want stable, decentralized inflation protection, buy SPOT. If you want gains buy AMPL.

>>52967624
And the highest IQ move is:

1. Buy AMPL
2. Mint SPOT
3. Sell 50% SPOT to USDC
4. LP SPOT / USDC in Uniswap

This way:
1. You maintain all exposure to rebasing and volatility of AMPL
2. You earn LP fees with NO impermanent loss
3. You earn rollover fees for A tranches
4. You increase liquidity and supply of SPOT to help adoption.

OR if you are AMPL maxi you can get free leverage by minting SPOT, selling for AMPL, then doing it again. Increasing your exposure up to 20%

>>52967670
this would slap hard and be bussin frfr if the devs made LP farming for spot liquidity on uniswap v3 using arrakis finance or similar and paid high apy (initially) in forth or other funds if any are available to spin up a flywheel effect

simply providing liquidity for spot right now without incentives, as nice as uniswap v3 is and as altrusitic as it would be to help the protocol, just doesnt seem like it will be enough to get the pool going, I mean its not something I would do right now even though i am minting spot (i am just selling the spot when it is more than 20% of the used ampl). but I absolutely would if there was even modest pool2 incentives

>>52968008
Soon