Ampleforth

**Built on cutting-edge technology, Ampleforth is a decentralized unit of account and collateral asset that targets the CPI-adjusted dollar.**

The Ampleforth protocol, launched in 2019, has been designed to simplify the creation of on-chain derivatives by automatically increasing or decreasing the quantity of tokens in user wallets, ensuring that the price of AMPL reverts to 1 CPI-adjusted dollar. This innovative approach eliminates the need for complex financial operations like tranching, making it a safe, transparent, and simple solution for users. As a decentralized unit of account, Ampleforth (AMPL) is used as a building block for on-chain contracts, lending, borrowing, derivatives creation, and collateralization.

**Key technical features include its algorithmic design, which transfers volatility from price to supply, ensuring that the token remains non-dilutive. The protocol's durability has been proven through extreme market conditions, consistently returning to target price. Additionally, AMPL targets the 2019 CPI-adjusted dollar, making contracts denominated using AMPL stable on a purchasing-power-basis over long time horizons.**

The Ampleforth ecosystem is built around its governance token, Forth (FORTH), which enables holders to control the protocol and DAO through proposals and voting. The community-driven approach ensures that the protocol remains decentralized and responsive to user needs. With its unique value proposition as a price-stable but supply volatile cryptocurrency, Ampleforth has emerged as a leading solution for on-chain derivatives creation and collateralization.

**As a building block, Ampleforth enables the denomination of stable on-chain contracts without reliance on centralized custodians or buyers of last resort. This lends itself to use cases including on-chain lending, borrowing, derivatives creation, and collateralization for decentralized stablecoins. The Ampleforth community is actively engaged through Telegram, Discord, Twitter, and GitHub, providing a platform for users to discuss the protocol and its applications.**