Topic: Fragments rebrands to Ampleforth and intros non-collateralized stablecoin (Read 123 times)
December 10, 2018, 04:51:57 PM
Been pretty into ampleforth lately. Solid team and backed by big funds too. I'm very much in favor of independent money. A huge plus is that amples will be pretty beneficial to traders
December 07, 2018, 04:59:35 PM
great project that's a stablecoin but not really one. I think the unit of account is an intriguing concept that isn't some fiat-collateralized stablecoin
December 06, 2018, 03:05:36 PM
Exciting news for fans of Fragments: https://www.cryptoninjas.net/2018/12/06/fragments-rebrands-to-ampleforth-and-introduces-non-collateralized-stablecoin/
Awesome project backed by pantera capital and FBG capital. Team is from google and uber.
I like the position that they bring to the whole stablecoin debacle with "a framework for creating a stablecoin that is inflation-proof, sovereign free and capable of storing both near and long-term value."
Thoughts on Fragments?
Awesome project backed by pantera capital and FBG capital. Team is from google and uber.
I like the position that they bring to the whole stablecoin debacle with "a framework for creating a stablecoin that is inflation-proof, sovereign free and capable of storing both near and long-term value."
Quote
The Ampleforth protocol moves volatility from unit price to unit count and achieves price stability by algorithmically expanding and contracting supply among holders based on demand. Previously, Fragments used a smart contract called the reserve that resembled a central bank and would achieve price stability by making high volume trades.
Thoughts on Fragments?
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