1/ Monetary Evolution: The Ideal Inflation-Resistant Asset
This thread aims to analyze the evolution of money, focusing on the need for an inflation-resistant, stable asset that can act as a refuge from traditional financial systems, withstanding long periods of stability.
$AMPL-USDC and $FOXy-FOX pools are live on #Ethereum and tradable on @ElasticSwap ššš
You can #swap via the ElasticSwap website, provide liquidity, and earn #StakingRewards in our staking pools!
The future is #elasTIC
DeFi is to NASDAQ what Bitcoin is to gold. And you should be long both!
A thread prompted by @nfergus's always excellent Sunday column.
NASDAQ dropped 78% during the 2000 crash, and people wondered if the Internet would amount to anything.
bloomberg.com/opinion/articlā¦
DeFi is to NASDAQ what Bitcoin is to gold. And you should be long both!
A thread prompted by @nfergus's always excellent Sunday column.
NASDAQ dropped 78% during the 2000 crash, and people wondered if the Internet would amount to anything.
bloomberg.com/opinion/articl⦠https://t.co/V4NWm2TSyV
It was a big week for $AMPL! Summary š§µ time!
š·āāļøš @chainlink Hackathon
š Launch on @avalancheavax
š§āš¾ Pools & farms launched on
@TraderJoe_xyz + @pangolindex
What's next? $AMPL lending on $AVAX?
Attention, devs! Have an AMPL idea? @brandoniles will be a judge for @chainlink's Fall Hackathon, where $400k in prizes are up for grabs. This isn't one to miss; register here: chain.link/hackathon
We are very much enjoying meeting you all on our Discord--come share your ideas, hopes and dreams! discord.gg/5CupNFq4
The team simultaneously launched a fun side project-- @marzplots --to keep you all entertained as we continue our work on the future of DeFi :-)
Voting for $AMPL on $AAVE is now LIVE! š„³š
$AMPL š is a unique #DeFi building block which lends and borrows differently. Use your $AAVE to vote on the @aaveaave AIP 12 to add unique performance to the #AAVE platform!
app.aave.com/governance/18-ā¦
If successful #ampl will be the first non-collateralized asset āsuitableā to borrow on a major #defi lending platform and the first rebasing asset to be made available on a major lending platform
/3
Thanks @StaniKulechov. Stoked to see this proposal moving into on-chain voting.
#ampl and #aave is a unique combination.
This proposition signals a willingness from the @aaveaave community to integrate an entirely new class of assets.
/1
Before $AMPL, we designed Fragments and that had 3 mechanics at its core: Bonds, Fractional Reserve, and Rebase.
We never launched it because we thought two of those three mechanics would fail.
1/ It's an exciting day for @AmpleforthOrg š
The aAMPL implementation which will allow $AMPL borrowing and lending on @aaveaave š» is tested, audited, and ready to go. Targeting next Tuesday for the onchain proposal
1/n Sharing an essay from last year on āalgorithmic stablecoins.ā Thank you @evankuo & others for feedback.
thinking.farm/essays/2021-01ā¦
TL;DR: Coupon coins cannot restore price pegs even with stable demand & liquidity. The protocol itself creates instability.
Guess #AMPL Rebase Competition - $200 in $AMPL to 3 best guessers
1. Reply to this tweet with what % you guess the rebase will be on 10th Dec 2AM UTC
2. Guess has to be % to 3 decimal places
Our guess +2.272% AMPL rebase.
Paying ONchain on 11th Dec. ALL welcome! @AmpleforthOrg
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