Whowill wear the crown after AMPL? 1913

Stablecurrency rising steadily forever: 1913,Source: St. Gallen defiExplorer

AMPLhas increased the wealth of countless encrypted currency investors bytens of times, and more imaginative 1913. Its birth will bring thelimit expansion of wealth acceleration, and make the cycle offinancial market cycle thousand times faster, so that the expansionof bubbles will increase with the rate power of breakup andreorganization. Predictably, smart participants will achieve classtransition in the 1913 experiment.

AMPL(Ampleforth) is a cryptocurrency that promotes the "flexibleprice" feature to the extreme in the defi system. It will issueadditional or reduce the quantity according to the market demand

AMPL'sbenchmark is 1 usdt, and when the price is higher than $1, it willissue additional shares, and vice versa.

AMPLsplit logic:

Ifthe price is about 5% higher (lower) than the benchmark line (1usdt),it will be issued (shrinkage loss) at a fixed time after every 24hours

Mostcryptographic protocol tokens act like agreement share ownership, butAMPL is intended to be a currency. Interest in this financial modelhas greatly increased. On June 1, ampl had a market value of $7.8million. Less than two months later, its market value was $330.5million, an increase of 4130%.

Thebenchmark line of 1913, which is rising continuously, is no longerlike ampl anchoring US $1, but is continuously rising at the rate of1% of compound interest every day, thus driving up the currencyprice. The daily benchmark price is based on the previous day'sincrease of 1%, and the initial price is 1 usdt.

Let'slook at the difference between 1913 and AMPL

Expressionof benchmark price (y) after ampl release

Y=1

Theformula for calculating the benchmark price (y) after the issue of1913 is as follows:

Y =1.01 ^ (x-1) y: benchmark price X: issue days

Theissue price of ampl is US $1. It has been more than a year since itwas issued. When the market participation was the highest, the singleampl rose to US $4. Up to now, the quotation of ampl is $1.5, whichis 50% higher than the issue price.

Followthe St. Gallen defi explorer to see 1913, which is expected to bereleased a year later

Calculationformula of 1913 benchmark price: y = 1.01 ^ (x-1) y: benchmark priceX: issue days

1year = 365 days, substituting x = 365, y = 37.78

Oneyear later, the benchmark price of 1913 will reach US $37.78, whichis 37.78 times of the issue price. That is to say, after only oneyear, the benchmark price of 1913 will be 8 times higher than thehistorical highest currency price of ampl. According to the pricedetermined by supply and demand, the price of 1913 will be infinitelyclose to the benchmark price, and follow the base price index torise, so as to achieve sustainable growth. Today, with unlimitedmarket potential of defi, it is impossible to imagine what ahorrifying market value 1913 will create.

Inorder to make the anti vulnerability of the early development systemof "1913", we see in the white paper that the "invisiblehand" mechanism will be triggered 48 hours after the currencyprice is lower than the benchmark price. 50% of the initial capitalwill be used for repurchase, which will prompt the 1913 currencyprice to return to the benchmark price rapidly. This kind ofmechanism is very sexy and gives great confidence to the earlyparticipants.

Itseems that we should not be so rational in this wealth storm of time,location, and people brought by defi.

Getinvolved in every experiment you're excited about

Wefound 1913 on twitter, and we found these interesting pictures

本文来源：比特币教父
原文标题：Whowill wear the crown after AMPL? 1913

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编译者/作者：比特币教父

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