1)If you want to position for
#DeFi
season, you should be doing it now.
#ETH
and blue chip
#crypto
will be absorbing a lot of capital here. Once they've had their fill, capital will dump into DeFi. I can't think of a better DeFi pick with more upside than $AMPL
Anyone with a background in finance understands the importance of a foundational currency having supply elasticity and the need for assets that break market correlation. $MWG is the first asset to do both of these things simultaneously.
@defi_labs_
@PeterSchiff
@SpencerKSchiff
Here's what happened to $AMPL last cycle July 2020. Not saying the same will repeat here BUT,back then it was bare bones $AMPL with almost no value capture. Now we have $SPOT & a whole sustainable yield producing ecosystem. Now
#crypto
is ready for $AMPL. $AMPL is so undervalued
@VitalikButerin
That’s why I follow The Dev. Everyone is abusing big names like Elon. The Dev is just funny af and doing his thing. Right now we all need a good laugh.
I've been around $Ampl since DeFi summer 2020. $Ampl was always fascinating to me so when Terra Luna collapsed I started investing as much as I could in $Ampl because I was convinced that if anyone was going to solve that problem, it would be Ampleforth.
Most projects are
$Ampl is literally repeating history right now. Front running alt szn and pumping like mad while the rest of the market consolidates before the big move.
$MWG and $Pria are the first currencies to ensure the constant circulation of the supply while maintaining their deflationary nature. Foundational currencies that have no mechanisms to encourage circulation suffer from prolonged “depressions” that result in widespread poverty.
The real $Ampl gains will come with adoption. $Ampl is the only
#cryptocurrency
on the market that can and will fill the role of Unit of Account. I say it over and over because I’m right and soon others will realize. You can’t fight it.
The success of $Ampl is not only good for
$Ampl has huge market cap potential because it’s the only
#cryptocurrency
that can act as a true unit of account. Zero competitors, nobody else figured it out but
@AmpleforthOrg
has been building out this infrastructure for 5 years. $Ampl will bring huge value to all of
#DeFi
Most people still don’t know that
@brian_armstrong
is verified as the largest holder of $Ampl. Brandon Iles founder of AMPL and Brian Armstrong built the first Android Bitcoin wallet back in 2011.
FEW…
#crypto
#BTC
#BITCOIN
$Ampl is sitting just under a dollar now which should be considered an excellent opportunity to get in before V2 vault. $Ampl had a nice 12x move from the bottom so this kind of cool down should be expected. When $Ampl moves again it will move quickly.
$Spot being given the
Once you understand the potential of a fully decentralized Federal Reserve capable of scaling its supply to accommodate new users, the most rational thing you can do is pick up a fat bag of $Ampl.
You want to talk about ideas that will change the world? Here it is: Taking the
This is massively bullish for $AMPL... $AMPL & $SPOT backed stablecoin will demonstrate that this system is better. $AMPL & $SPOT are better collateral that will reduce the extreme systemic risk currently present in the broader system.
#cryptocurrency
$Ampl is the first independent Unit of Account in history. It’s a monumental feat and one of the greatest accomplishments imo. This is probably the most no-brainer investment I’ve ever made. Money is broken and unsustainable but the solution is just on the horizon.
#ETH
#BTC
#USD
Tons of people asking why $AMPL is up when the market is down. The reason is that the whales and institutions are going deep on $AMPL when the market is down. One particular whale has been buying batches of 1000-1300 $AMPL on an 8min timer for the last 5 days.
Meanwhile, retail
The tokenomics backing $MWG and $MWBTC are unmatched by any token in the entire cryptocurrency market. Before $MWG and $MWBTC, there was not a single token on the market that had merged deflation, elasticity, and real value backing via sustainably growing reserves.
Picking $AMPL for me was pretty simple. I noticed that all stable/flatcoin models shared some common vulnerabilities. The wipeout of Luna/Ust confirmed that vulnerability when it broke the whole system and wiped out 60% of the whole market value. The systemic risk is huge.
You
If this $WAMPL chart does not give you fomo, you aren't doing it right. $AMPL is getting ready for wave 3. Institutions are stepping in with size. Blastoff is inevitable. OGs topping off positions for the next wave.
#cryptocurrency
#ETH
$Spot $Ampl $Wampl
$Ampl will bring a tremendous amount of legitimacy to
#cryptocurrency
because it’s the only independent currency outside of USD that can fill the role of unit of account. Supply elasticity is not gimmick, it’s a necessity. Using inelastic currencies as UoA creates enormous
The $Ampl - $Spot swaps are now live. $Spot supply is now in expansion. This update has largely flown under the radar in the broader
#cryptocurrency
space but this will not be the case for long. The fun has just begun.
Soon people will realize that $Ampl & $Spot are the missing puzzle piece that will allow
#DeFi
to break free from liquidation markets and abandon dependence on USD. $Ampl & $Spot are the answer.
$AMPL is like a decentralized Federal Reserve that always knows what to do in response to shifts in market sentiment. That being said, all the criticisms of the Fed do not apply to $AMPL. $AMPL in my understanding is what the Fed would be in an "ideal world."
$AMPL is balanced,
1) A thread on the place and value of gold and cryptocurrency within the broader market: I have become a part of many
#GOLD
discussion forums as well as many
#cryptocurrency
groups. What I have found between these two sides is fascinating…
@defilabs
@WarrenWhitlock
#mwg
$mwg
There are a number of huge macro and micro-economic factors working in the same direction that made me pick up $AMPL in the first place... Here I'll attempt to briefly explain the macro factors that brought me to $AMPL.
1) The collapse of Terra Luna and the cleansing of the
Many people are fading the $Spot rotation vault release. I have long said that the real gains will come from VALUE. The rotation vault is a massive introduction of real value to the system that will cause $Spot to rapidly scale. $Ampl holders have a lot to look forward to.
I've spoken to a few people about $Ampl and for some reason a lot of people are struggling to grasp why long term value predictability is so important. This is not a difficult concept to grasp.
You always hear the
#Bitcoin
er mantra that 1
#BTC
= 1 BTC. But this is a false
1) $Spot is the only “stable” coin that is capable of absorbing significant supply and demand shocks without fundamentally breaking down. Stablecoins that use highly volatile crypto assets as collateral backing are fundamentally and fatally flawed.
#cryptocurrency
$dai
#eth
Nobody is ready for whats coming in $Ampl... This is one of the greatest innovations in
#cryptocurrency
. An elastic supply UoA that expands and contracts its supply in response to shifts in demand... An autonomous central bank with a perfectly balanced budget... $Wampl chart
$Ampl setting 3yr high... just wait until vault V2 drops and people start minting $Spot by the millions. 3b mcap is programmed anon.
#cryptocurrency
#crypto
#ETH
@CryptoNostra
$MWG and $MWBTC - $MWG is backed by an ever growing real gold reserve and $MWBTC is backed by an ever growing real BTC reserve. The ecosystem being built over at
@defi_labs_
is nothing short of incredible. $MWG is already backed by $164,000 (88.36oz) of gold in under 2 weeks!
A 🧵 on the need for independent P2P Cash
1)
#DeFi
needs to adopt a non-USD P2P digital cash to scale. Currently we use USD to fill this void which is hypocritical. $Spot is the first and only non-USD digital cash that is scalable, stable, decentralized, and inflation resistant
I didn't plan on adding another
#crypto
on top of $AMPL but $CIRCLE completes my concentrated
#crypto
portfolio. $AMPL is a superior Unit of Account for
#DeFi
, $CIRCLE is a superior Store of Value for
#DeFi
. Both first movers, both extremely undervalued, both without competition.
$AMPL & its derivative flatcoin $SPOT are a contrarian design that elevate safety and adaptability to a much higher level of importance than any of the other systems I've seen. The design of being able to bend and wind down to zero without breaking or leaving anyone holding the
I tweet about $Ampl so much because I only hold 2 crypto positions… $Ampl & $Eth. I only invest in things I have very deep conviction about… $Ampl is a game changer.
Very few
#cryptocurrencies
have the potential to shape the
#DeFi
financial landscape. I ultimately see $Ampl
@evankuo
@brandoniles
@AmpleforthOrg
1)It seems that many are still confused about what kind of value "supply elasticity" really brings to the cryptocurrency markets. The experiments taking place in this niche of markets are critical to the long term health of the entire space.
1) Using traditional stablecoin models that are pegged to USD as a safehaven from volatility in
#crypto
is dangerous and hypocritical. The legitimacy of
#defi
hinges on its ability to adopt its own inflation resistant fiat currency. This is why $Spot is so important.
$MWG bought another 3oz of gold bullion yesterday. $MWG is literally programed to never stop stacking
#gold
until the end of its cycle when holders will be able to claim their share of the reserve. $MWG is already the 72nd largest holder of Pax Gold $PAXG
#DeFi
#cryptocurrency
$MWG (MetaWhale Gold) is backed by a continually growing tokenized gold reserve $PAXG that is increased with a small fee on every txn. The min. trading requirements for the token means it is impossible for the gold reserve to stop growing.
@defi_labs_
#MetaWhale
#PRIA
#Uniswap
.
@UltraroundChaos
$CIRCLE is a very ingenious design that I believe is going to revolutionize our understanding of deflationary mechanisms.
Buy/sell taxes are an inefficient design that places an enormous burden/barrier to entry on anyone who wants to participate.
But I do
Having closely studied the last 100 years of monetary policy and the evolution of our currency standard, I can say that the
@AmpleforthOrg
ecosystem is revolutionary. At the very least, it is a wonderful example of what the next evolution of money should look like. $AMPL $SPOT
$Ampl & $Spot fix what is arguably the biggest barrier to decentralization in
#DeFi
. We don’t need 1:1 pegged USD anymore. $Ampl & $spot give us stability, decentralization, and inflation resistance. It is not “impossible” to have all three as some have assumed.
#cryptocurrency
1) $Spot is the only viable answer to the USD dilemma faced by
#DeFi
because it enables us to completely break free from USD dependency.
@MakerDAO
is doing DeFi a tremendous disservice by creating an environment where DeFi is dependent on USD.
#cryptocurrency
Ultimately
#crypto
will have to choose between USD and decentralization. USD should have very little place in
#DeFi
. Eventually this market will realize that the $Ampl algorithmic Fed is what Satoshi dreamed of.
$AMPL & $SPOT are a perfect way for leading stablecoin models to diversify their collateral sets and reduce liquidation and contagion.
@asymmetryfin
$afUSD is the first step in demonstrating that $AMPL & $SPOT are perfect for that utility.
This is a good stepping stone that
If you don’t see the value in $Ampl & $Spot, you aren’t looking hard enough. $Ampl & $Spot are the fix. The money sustainability crisis is being fixed right here. Dynamic money is the future.
$Ampl / $Spot is the anti $Luna / $UST. I do expect $Ampl to take a seat at the table in the top ten in the future. The virtually unbreakable nature of $Ampl combined with its long term value predictability will be noticed. Eventually
#crypto
will be forced to notice.
#ETH
1)A thread on why we need $AMPL
@AmpleforthOrg
: During the Great Depression, the inelasticity of the gold standard caused it to enter a period of hyper deflation which saw the price of 1 troy oz of gold double in value from roughly 320$/troy oz to 700$/ troy oz.
1)Here’s why $Ampl is the best value investment in
#crypto
. The rise of FIAT currency standard introduced a valuable idea - being that currency should be dynamic. The transition away from hard money was necessary to account for an increasingly vast and sophisticated global market
Here we have $AMPL Feb.15 to current, $AMPL Feb.15 2020 to June 7 2020, and $AMPL June 5 to july 30 2020... Notice anything? These are repeating patterns. I'm a sucker for patterns because they so often do repeat with minor alterations.. I'll let you be the judge
#cryptocurrency
1)
#crypto
stablecoins like $Dai which rely on continuous demand for leverage on collateral to scale have created liquidation markets that mirror tradfi liquidation markets that existed before 1940s. To scale effectively, we must adopt an improved fiat like
I have returned and joined the ranks of the
@doge__alliance
troopers. Together we will venture into the vast unknown intergalactic space in search of riches and new life. Created by none other than Dr. Mantis of
@defi_labs_
.
#doge
#BSCGems
#BSCGem
Been averaging into $AMPL since October 2020. It’s taken longer than anticipated to make me richer but I’m starting to feel like we are on the verge of eruption. My confidence has never waned because
#defi
needs $AMPl & $SPOT and will be forced to recognize it.
1) Why do I follow teams like
@defi_labs_
so closely? BECAUSE THEY GET IT. Supply elasticity isn't a gimmick, it's a necessity. Love being a part of projects that dabble in elastic currencies because that is exactly what the money of the future will be.
#DOGEWHALE