SPOT retweeted
Ampleforth developer debuts Ethereum-based inflation-resistant token
theblock.co/post/193230/ampl…
SPOT retweeted
Ampleforth developer debuts Ethereum-based inflation-resistant token
theblock.co/post/193230/ampl…
History in the making!
Today we will be launching SPOT, an inflation-resistant stable asset designed to operate under all market conditions that can safely wind down to zero users without bailouts.
SPOT reflects our work on stablecoin designs over the past 4 years 😅
vimeo.com/manage/videos/7789…
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SPOT retweeted
Replying to @sassal0x
Here is @brian_armstrong talking about a SOV token as an alternative to a stablecoin which does NOT follow/peg to the $USD;
xitter.cf/NigelGran/status/15921…
Which @AmpleforthOrg (in which Brian is a seed investor) are building in their upcoming $spot token;
docs.ampleforth.org/learn/ab…
SPOT retweeted
Replying to @LifeofSPOT1
For those screaming crypto has failed, take a look this is history in the making. Maybe after all this breakage in centralized services people will start to see why we need these robust DeFi primitives to build a system that CANNOT be evil
SPOT retweeted
Buttonwood ecosystem solving pain points📈
cc: @brandoniles, @LifeofSPOT1
Only $SPOT can achieve the following
-inflation resistance
- avoidance of bank runs
- no reliance on bailouts or liquidations
markets
- ability to wind down to O users and reboot
(i.e. staying solvent)
- not reliant on continual growth
- no explicit feedback loops
- and perhaps most of all, full transparency
so risk can be appropriately priced
@ButtonDeFi @AmpleforthOrg
#SPOT #cryptocurrency














