Ampleforth
The decentralized unit of account
- Headquarters
- San Francisco, California
- Employees
- 1–10
- Founded
- 2018
- Business Model
- B2C
- Website
- ampleforth.org
- Total Funding
- $3.0M
- Last Round
- $3.0M SeedMar 2018
About
Ampleforth is a decentralized, open-source cryptocurrency protocol that implements an algorithmic, elastic supply mechanism. The AMPL token automatically adjusts its supply daily to maintain a CPI-adjusted dollar price target, enabling novel on-chain financial applications like collateral, derivatives, and stable-value contracts without reliance on custodians or centralized stablecoin mechanisms.