ampleforth

Ampleforth is a decentralized finance protocol built on the Ethereum blockchain to create a price-stable unit of account called AMPL, which adjusts its supply in response to demand fluctuations.

Company Details

• Founder: Evan Kuo, Brandon Iles
• Founded: 2017
• Headquarters: San Francisco, California, United States
• CEO: Evan Kuo

Key features:

• AMPL's price stability is achieved through supply adjustments rather than price manipulation, making it non-dilutive.
• Operates without centralized control, preventing the seizure or freezing of assets by administrators.
• Utilizes a 24-hour volume-weighted price feed, ensuring that attacks on Oracle cannot lead to fund theft.
• AMPL Serves as a foundational asset for various decentralized finance applications, including lending, borrowing, and the creation of on-chain derivatives.
• The FORTH token governs the Ampleforth Protocol, allowing holders to propose and vote on changes within the ecosystem.

FAQs

1. Who is the CEO of Ampleforth?

Evan Kuo

2. When was Ampleforth founded?

In 2017

3. Who founded Ampleforth?

Evan Kuo and Brandon Iles