At a high level, the policy contract reflects price changes in the market as supply changes in wallet balances. This in-turn incentivizes market actors to adjust price. Price informs supply algorithmically and supply informs price behaviorally, in a cycle.
Core Features & Capabilities
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.
If you own 1% of the network, you’ll always own 1%. No party extracts value and there are no added transaction fees.
Ownership is accounted for natively on the blockchain. No custody is taken of outside assets or collateral.
AMPL was designed to minimize the need for governance. No governance exists within the loop of supply adjustments because there are no interest rates to adjust or markets to balance.
Distinct Movement Pattern
AMPL implements the ERC-20 interface and can be used with any native blockchain wallet. A standard interface allows AMPL to integrate with many DeFi application platforms.