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Cryptocurrencies: 22131
Exchanges: 629
Market Cap: $$3.38T
24h Vol: $173.25B
Dominance: BTC: 56.8% ETH: 13.2%
ETH Gas: 29 Gwei
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Ampleforth (formerly: Fragments) is a digital asset decentralized protocol for smart commodity currencies. The Ampleforth protocol aims to achieve price-supply equilibrium in response to its price deviating from its $1 target, achieving the balance needed to reduce volatility. Increase or decrease the amount of tokens held by each person proportionally based on how much the exchange rate has fluctuated in the past 24 hours. Ampleforth is an asset with elastic supply attributes, which can alleviate the pressure of cyclical transactions, and will generate asset prices that are less correlated with Bitcoin.