[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 4 KB, 300x300, 5633A2A9-57C9-435C-9F72-ABD9F0F3226B.png [View same] [iqdb] [saucenao] [google]
19190468 No.19190468 [Reply] [Original]

This token is going to explode with Uniswap v2 staking rewards. You have at most a couple days left. Start buying.

This is real, haven’t you had enough Pajeet shitcoin scams?

>> No.19190480

Are we supposed to know what shitcoin this is?

>> No.19190536
File: 6 KB, 400x400, B0E5987A-EAC9-4C53-AB0C-01B772D88D97.jpg [View same] [iqdb] [saucenao] [google]
19190536

>>19190480

>> No.19190684

seems like a neat project, what does uniswap have to do with it though?

>> No.19190877

>>19190684

https://www.ampltalk.org/app/forum/ampl-geyser-19/topic/about-the-geyser-21/

> The AMPL geyser [link coming soon] distributes AMPL tokens from the ecosystem fund to those who provide liquidity on Uniswap V2. The more liquidity you provide, and for longer, the greater share of the AMPL pool you receive.

> The AMPL pool in the Geyser unlocks gradually over time, and stakers receive share over the unlocked AMPL over time.

About 25% of the total supply is being given away to LP providers on uniswap v2. The marketcap is going to jump to at least $100M. Do the math.

>> No.19190963

Where and when can I buy?

>> No.19191097

>>19190963

Uniswap, Bitfinex, kucoin

>> No.19191287

Genuinely interested

This is no pajeet coin...

When do you see it hitting 100m?

Doesn’t matter cause I’d add this to long term hold

>> No.19191352

>>19190877
Would you recommend buying AMPL to pool on uniswap and stake the tokens, or just buying as a short term hold?

>> No.19191433

This already PnD 2 times in less than a year why should i buy your bags?

>> No.19191442

This is a mastermind pajeet who can go in anonymous and self reply, beware

>> No.19191488
File: 1.67 MB, 720x404, 1589837225375.webm [View same] [iqdb] [saucenao] [google]
19191488

>>19190468
>>19190536
>>19190684
>>19190877
>>19190963
>>19191097
>>19191287
>>19191352

THANK YOU GLORIOUS SACRED COW FOR BLESSING OF SUCH BEAUTIFUL MAGICAL TOKEN

>> No.19191515

isn't chainlink associated with this shit?

>> No.19191589

>>19191287

2-3 months. It will be just like SNX when they did their liquidity incentive program

>>19191352

Pool for the rewards. You also get more AMPL the higher the price goes. That’s what “elastic supply” means.

>>19191433

Please. I just finally got done filling my bags.

>> No.19191675

this is a stablecoin. should be $1 then or am I getting something wrong? why pay 15% extra right now?!

>> No.19191689

>>19191515

Yup uses Chainlink for price oracle info

https://medium.com/ampleforth/the-ampleforth-chainlink-oracle-integration-is-going-live-16053ccdebd5

>> No.19191714

>>19191675

You are getting something wrong. It’s not a stablecoin. Read their Whitepaper or blog posts or google.

>> No.19191731

>>19191675
the price of a single coin is pegged to a 2019 USD, but the supply changes so if the price goes up new coins are minted, but wallet value remains the same

>> No.19191741

>>19191714
bruh:
"Fragments, a decentralized store of value protocol, announced today its rebrand to Ampleforth and introduced a noncollateralized stablecoin called Amples."

>> No.19191783
File: 41 KB, 684x690, Screenshot.png [View same] [iqdb] [saucenao] [google]
19191783

Interesting price dynamics.

It is kind of a stable coin, but holders are rewarded from buying by getting more of the supply as it increases with buying pressure. Looks like there is some quick arbitrage capability on price, but it is meant to stay solid.

Cool stuff

>> No.19191950

>>19191675

Good answer >>19191731

>> No.19191963

>>19190468

AMPL is a commodity based stable coin. You would only buy it as a store of value against inflation.

>> No.19191998

>>19191731

If the price goes up according to what though? AMPL does not go up according to demand and supply. It goes up according to the basket of assets its weighted against.

Let me know if im wrong. Sincerely wanting to know why anyone would buy AMPL as an investment and not as a store of value.

>> No.19192165

>>19191998

You’re wrong. It’s normal price discovery. If someone buys it all the way up to $10 then it is worth $10.

Oh, and then you’d start earning 100% yield per day.

Real-life example: it recently hit $1.50. For every day it stayed at $1.50, you got an extra 5% AMPL per fucking DAY in your wallet.

>> No.19192523
File: 702 KB, 605x807, el ogro.png [View same] [iqdb] [saucenao] [google]
19192523

>>19190468
ok so you get extra AMPL if the coin increases in price but wouldn't a rising price also negatively affect your uniswap profit? How is this a net benefit?

>> No.19193473

>>19192523

Who gives a fuck about Uniswap profit.

The play here is 25% of the entire supply is being gifted to anyone supplying to the ETH/AMPL pool on uniswap v2.

>> No.19193803

>>19190877
>https://www.ampltalk.org/app/forum/ampl-geyser-19/topic/about-the-geyser-21/

thanks for the link - AMPL is pretty cool - the ceos of coinbase and compound both invested in it, dont know how much more there is to say frens thats legit

>> No.19193891

>>19193803

Yw man. Enjoy being rich ;)