Ampleforth (@AmpleforthOrg): Most lending in crypto assumes collateral can cliff-dive, so it protects lenders by liquidating borrowers.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Most lending in crypto assumes collateral can cliff-dive, so it protects lenders by liquidating borrowers. SPOT deviates from that logic. The $SPOT token is created by tranching $AMPL in the Rotation Vault: deposits are split into a senior, low-volatility claim (SPOT) and a junior volatility absorber (stAMPL). As tranches mature, the Vault rotates them, insulating SPOT from AMPL’s elastic supply. Because @SPOTprotocol is always redeemable for its underlying basket of tranches, solvency is enforced by structure rather than margin calls. When the balance in the system drifts, the Funding Rate tilts incentives to re-center demand. The result: permissionless, censorship-resistant collateral for lending with no liquidations. This is Ampleforth➕