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Ampleforth ($AMPL) is a new kind of algorithmic stablecoin, based on new monetary theories. Ampleforth has taken the Ethereum blockchain capabilities to a new height and introduce the rebase mechanism. Like every successful project, it has many forks and copies like $RMPL and $YMPL, as well as a new kind of "seigniorage" coins.
What is rebase? What is seigniorage? And why do we need it?
Please note that I am not a financial advisor and nothing in this podcast constitutes a financial advice. Please do you own research before investing or trading!
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Mentioned on this episode:
Music credit: "Sora No Iro No Kuruma" and “Five Passengers - No Smoking” by Springtide on https://freemusicarchive.org/
Art credit: https://pixy.org
Special effects credit: Kinoton on https://freesound.org/
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