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Title: An Elastic Supply Protocol to Adjust Inflation/Deflation Post by: rmilly on March 06, 2019, 07:20:51 PM Traditionally, people think of price as the component that fluctuates with demand, while quantity remains static.
The Ampleforth protocol inverts this, holding price static while allowing quantity to change according to demand instead. By adjusting supply to the coin holders directly, the Ampleforth protocol avoids the devaluing effects of inflation observed in fiat currencies, while re-engaging the supply mechanism that creates near-term price stability. Pretty cool concept in the heat of stablecoins. How do you think this will play out? Are there any other projects out there doing something similar? https://www.ampleforth.org/paper/ Title: Re: An Elastic Supply Protocol to Adjust Inflation/Deflation Post by: awilliams on March 07, 2019, 02:01:56 AM I actually hadn't heard of a elastic supply policy before but I looked and Ampleforth has a pretty stacked team
Title: Re: An Elastic Supply Protocol to Adjust Inflation/Deflation Post by: ceetoo224 on March 07, 2019, 03:36:06 AM Traditionally, people think of price as the component that fluctuates with demand, while quantity remains static. The Ampleforth protocol inverts this, holding price static while allowing quantity to change according to demand instead. By adjusting supply to the coin holders directly, the Ampleforth protocol avoids the devaluing effects of inflation observed in fiat currencies, while re-engaging the supply mechanism that creates near-term price stability. Pretty cool concept in the heat of stablecoins. How do you think this will play out? Are there any other projects out there doing something similar? https://www.ampleforth.org/paper/ Was it concerns about the trading platforms? I think what we need is a huge liquidity pool that will allow us to trade without limits and to buy and accumulate much of the crypto there. Title: Re: An Elastic Supply Protocol to Adjust Inflation/Deflation Post by: davinchi on March 07, 2019, 09:17:42 PM Traditionally, people think of price as the component that fluctuates with demand, while quantity remains static. I think the creator or creators of Bitcoin thought about inflation and made sure they provided a system that will solve the problem of inflation in this crypto ecosystem, they did this by limiting the total supply of Bitcoin that will always be in existence and also created the Bitcoin halves which reduce the reward for miners. I hope other project come up with something better than what is already available by satoshi.The Ampleforth protocol inverts this, holding price static while allowing quantity to change according to demand instead. By adjusting supply to the coin holders directly, the Ampleforth protocol avoids the devaluing effects of inflation observed in fiat currencies, while re-engaging the supply mechanism that creates near-term price stability. Pretty cool concept in the heat of stablecoins. How do you think this will play out? Are there any other projects out there doing something similar? https://www.ampleforth.org/paper/ Title: Re: An Elastic Supply Protocol to Adjust Inflation/Deflation Post by: craigpo on March 08, 2019, 10:36:12 PM I would be interested to see how this works. Would people only be able to buy, sell and trade with amples though?
Title: Re: An Elastic Supply Protocol to Adjust Inflation/Deflation Post by: StreakW on March 08, 2019, 10:46:56 PM Are there any other projects out there doing something similar? If you say about project with stablecoin? There are a many stable coins out there, based from usd like Tether, USDS, USDC etc. But for me i dont like stablecoin, the reason is simple, cant for long term. And to pervent inflation cryptocurrensy is the answer
Title: Re: An Elastic Supply Protocol to Adjust Inflation/Deflation Post by: ricardobs on March 10, 2019, 04:09:44 PM Are there any other projects out there doing something similar? If you say about project with stablecoin? There are a many stable coins out there, based from usd like Tether, USDS, USDC etc. But for me i dont like stablecoin, the reason is simple, cant for long term. And to pervent inflation cryptocurrensy is the answer Yes you are very much correct, I think the stable coins we have can be highly inflated because they tell us that they are backed by USD thereby pumping USD to a reserve so that the price of the coin will always be stable in the market at $1.I think bitcoin in itself already have the feature of preventing inflation, that's why satoshi created the halves in the first place. So as you have said, crypto is the answer to inflation. |