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29185671 No.29185671 [Reply] [Original]

So I been doing a little research into AMPL and I have a little confusion. So I get that it’s suppose to be an algorithmic stable coin that has an elastic supply for rebasing. The thing I am confused about is say for example I buy 1,000 ample for $1,000. Will my wallet’s value always be $1,000 but just the supply of the wallet will change to keep the value stable? Is this what is meant by elastic supply and rebasing? Does this make it a good hedge against inflation?