SPOT.cash - AMPL 'stablecoin'

[Anonymous No.52779353]

SPOT Protocol Overview - https://vimeo.com/778950575

SPOT is a perpetual note backed by fully collateralized AMPL derivatives. It's like a stablecoin, but not pegged to any specific value. The price will float within a range similar to AMPL, so you can think of it as a derivative that strips away most of AMPL's supply volatility. This is going to be huge.

[Anonymous No.52781006]

the next big thing Im all in on this one

[Anonymous No.52781029]

>>52779353
>It's like a stablecoin, but not pegged to any specific value
this should be good

[Anonymous No.52781243]

>>52781029
It’s actually brilliant cause it means it’s designed to bounce back so if it goes below peg you buy it and if it goes above you sell it. Turbo volume will result and more and more Ampl will be minted, Ampl supernova moons.

[Anonymous No.52781295]

>>52781243
>Turbo volume will result and more and more Ampl will be minted
you skipped a step

>turbo vol from people arbing
>dex pools get high apy
>more people buy in to scrape yield, thus more ampl minted

dunno if it will work but i'm hopeful about it. i hope it gets paired against curves stablecorn so tether/usdc can finally die.

[Anonymous No.52781346]

>>52781295
i literally dont see how this will work or its possible its just too complicated i have to see it in action. theres too many moving parts my head is spinning. but i wish them luck.

t. day 1 ampleforth geyser veteran holding wampl

[Anonymous No.52782004]

>>52781346
Amplchads, has our time finally come? Ampl is the true defi patrician coin and deserves to be the primary base pair eliminating the fractional jew from the stablecoin market

[Anonymous No.52782169]

>>52782004
Based

[Anonymous No.52782468]

>>52779353
we're witnessing the last 8 digit mcap days and they will NEVER come back.

BTC - ETH - AMPL, this is how important this coin is