ALL OF MY VIDEOS ARE STRICTLY PERSONAL OPINIONS. PLEASE MAKE SURE TO DO YOUR OWN RESEARCH. NEVER TAKE ONE PERSON'S OPINION FOR FINANCIAL GUIDANCE. THERE ARE MULTIPLE STRATEGIES AND NOT ALL STRATEGIES FIT ALL PEOPLE. OUR VIDEOS ARE NOT FINANCIAL ADVICE ****SCAM ALERTS***** I know you are popular but I will not send you my number or ask you for any money in any of the comments.....if my comment does not have a black background it is not me.
correction in video The rebase price can fluctuate it is not always .95-1.05 it can move up or down
It is a first of its kind cryptocurrency that is designed with completely elastic supply. The protocol is designed to adjust the supply in order to meet the increasing demand. This is done in order to keep the price stable and targeting a specific price. But, and here is the kicker, it is non dilutive.
The issuance of the new supply is done to every wallet pro-rata on the Ampleforth network. This means that if you hold a certain percentage of the supply before a supply adjustment, you will hold the same percentage after the adjustment. It is all controlled programmatically through the use of smart contract technology.
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