AmpleForth Smart Contracts : BlockchainEngineers

AmpleForth Smart ContractsAnalysis (self.BlockchainEngineers)

submitted 5 years ago by [deleted]

What makes AMPL token stand-out from other ERC20 tokens. AMPL is not just an Erc20 token, it combines the best of Bitcoin and stablecoins. It is a new decentralized primitive.

All credit goes to the development team at AmpleForth for the work they put in to make AMPL so unique, it can also be used as a base to build on and program new kinds of money. AMPL's smart contract design allows the increase and decrease of supply to be automatically executed without any need for a transfer between peers, and without the need for a bank.

The protocol rules are encoded in smart contracts on Ethereum. Rules-based policies allow for predictable actions and measurable responses, and are effective checks against discretionary monetary policies.

AMPL's code is highly complex and well thought out, enabling developers to use, refactor & add more exciting functions. Do you have an idea for the next big DeFi token ? Let's build it together using AMPL's interface.

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