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Evan Kuo, Co-Founder at Ampleforth, sits down with Yonah Hochhauser from REIMAGINE 2020 to talk about elastic commodities, Monetarism, & the crucial role that AMPL will play in the future of the world economy. Twitter Evan Kuo: https://twitter.com/evankuo Twitter Ampleforth: https://twitter.com/ampleforthorg Facebook Ampleforth: https://www.facebook.com/ampleforthprotocol/ LinkedIn Ampleforth: https://www.linkedin.com/company/ampleforth Website Ampleforth: https://www.ampleforth.org
Ampleforth took the crypto world by storm when its daily rebased stablecoin grew from a 5 Million market cap to over $500 Million. The founder-CEO Evan and advisor Manuel go in-depth to the elastic supply behind Ampleforth’s model, its peculiarities and implications for the future. Twitter Evan Kuo: https://twitter.com/evankuo Twitter Manuel Rincon Cruz: https://twitter.com/M_MannyRincon Twitter Ampleforth: https://twitter.com/ampleforthorg Website Ampleforth: https://www.ampleforth.org/
Dee and Jessie on this roundtable(Corey is on Sabbatical for two weeks) talk about what the next big thing in Bitcoin will be: lighting pools, Wrap Bitcoin, or something completely different. Our Guest is Evan Kuo of Ampleforth.Links: Ampleforth WebsiteTwitterDiscordWhitepaperSponsor Links AvalancheThe Bitcoin Podcast Social MediaJoin-Slack Bitcoin StorePatreonDonate!Discuss
#29 Evan Kuo, CEO of Ampleforth: Addressing Digital Assets Correlation Problem
EPISODE 29: Guest: Evan Kuo, Founder and CEO of Ampleforth. What they do: Ampleforth develops digital currency that adjusts supply daily based on market conditions. They operate at the intersection of technology and economics. Funding amount: $18M. Key insights shared by Evan: What’s the biggest challenge in the crypto ecosystem and how is Ampleforth trying to address that? Could Bitcoin replace the US dollar in the future? What surprised him about the fundraising process? SUBSCRIBE TO THE PODCAST: Subscribe on Apple Podcasts, Spotify or your favorite podcast app Leave a review Share the show on social media with your friends and family LISTEN TO THE BREAKOUT STARTUPS PODCAST: Apple Podcasts Spotify Overcast Google Podcasts Youtube Stitcher Show website FOLLOW TOMER ON SOCIAL MEDIA: Twitter Medium blog
Evan Kuo: AMPL - the Controversial Digital Currency With an Elastic Supply
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Ampleforth is a cryptocurrency attempting to become an essential building block to an alternative financial ecosystem. The protocol’s native token, AMPL, is a non collateralized cryptocurrency, like Bitcoin, but with a twist: It is supply elastic. This means the token and protocol will automatically increase or decrease the quantity of tokens held in user wallets based on 24 hour weighted volume price. AMPL operates as an ERC-20 token on top of the Ethereum blockchain. Some claim that the Ampleforth protocol’s implementation of “countercyclical” economic policy makes it a good complimentary collateral because they posit that this mechanism ought to give AMPL a low correlation to the likes of BTC and ETH. Others are not so sure: Does it really make a difference whether you have an inelastic supply without a target price, or an elastic supply with a target price of one? Is AMPL really not correlated to other types of collateral, and should this be so, does it even matter?There has been a lot of chatter about Ampleforth in recent months. Is it legit, or is it a scam, 'HEX with Stanford credentials', as one pundit commented? We spoke with the co-founder Evan Kuo, who attempts to explain how it all works and straighten out misconceptions surrounding the protocol.Topics covered in this episode:Evan’s backgroundWhat is Ampleforth and its missionWhat is Ampleforth’s value proposition and the rules based system it usesHow the rebasing worksSlow traders vs fast tradersWhere profits from fast traders come fromUsing Ampleforth as base moneyToken distributionThe integration hurdles with AMPLDoes the community truly understand the protocol?Episode links: Ampleforth websiteAMPL TalkAMPL Token DistributionAmpleforth White PaperAmpleforth TwitterEvan Kuo TwitterThis episode is hosted by Friederike Ernst & Sunny Aggarwal. Show notes and listening options: epicenter.tv/351
Ethan is joined by Evan Kuo from Ampleforth, for a exploration into the potential of DeFi - Decentralized Finance. Today's decentralized assets, such as Bitcoin and ETH, can be seen as the primitive building blocks for tomorrow's DeFi use-cases. These include lending, debt, and synthetic equities, however, we quickly come to a realization of their inherent limitations. Evan breaks down how their limitations are due to their high correlation to each other and why they bring about the need for extreme overcollateralization and the risk of autoliquidation. This brings up a big problem in crypto that not many are addressing. The diversification of these primitive building blocks will be required for DeFi to reach its potential. Hypercorrelation is a huge problem, one that threatens the very viability of cryptocurrency. Further topics covered in this episode: The AMPL is a decentralized commodity-money like Bitcoin, but with near perfect supply-elasticity like fiat. Its protocol automatically increases or decreases the quantity of tokens each user holds in response to 24 hr volume weighted price by adjusting a global scalar variable (similar to a gravitational constant or coefficient of expansion). Because traders of this coin realize gains and losses in quantity as well as price, the protocol introduces a fundamentally new set of incentives--requiring profit-maximizing users to trade in a different manner. Ultimately, unique behavior in response to these incentives creates a new different movement pattern, resulting in lower correlation with bitcoin and floating price assets today.
Evan joins us to discuss Ampleforth and the Ample; the Ample is a commodity-money, like Bitcoin or gold, but with near-perfect supply elasticity, like fiat. It is the first sound money with elastic supply. Evan discusses their opinion that scarce commodity-monies like gold and silver are naturally fair and independent. They are immune to runaway inflation, but cannot efficiently respond to changes in demand—making them vulnerable to economic shocks and runaway deflation. To address this shortcoming, the project's founders designed a synthetic commodity-money that propagates price-information into supply, much like how thermal expansion propagates nearby kinetic energy into a material’s volume in the natural world.
Thriller Podcast - S2EP 030: Stablecoins Explained | Evan Kuo of Fragments
Today we discuss Stablecoins and its real purpose. We have on Evan Kuo of Fragments to explain what Stablecoins are, where they are going and why they are needed. He also discusses why a price stable cryptocurrency that eliminates the devaluing effects of inflation is the way to go.