Ampleforth

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Ampleforth

Bitfinex announces AMPLify your AMPLs trading competition: Ampleforth is a synthetic commodity money with a unique elastic supply protocol. AMPL supply expands or contracts in response to its price deviating from a ~$1 USD target. Once per day at 8pm UTC, the amount of AMPL tokens within traders’ wallets (exchange or private) increases or decreases pro-rata depending on the price deviation of AMPL from 1 USD. Competition Start: Wednesday 10th July 12pm UTC Competition End: Wednesday 31st July 12 PM UTC To participate, traders must hold at least 50 AMPL tokens in their Bitfinex or Ethfinex exchange wallet throughout the duration of the competition. Traders will then be ranked in order of trading volume, with the top 100 traders being eligible for the following prizes: Users that rank in the top 100 will receive the following: Position 1–5: 800 AMPL; Position 6–10: 400 AMPL; Position 11–20: 300 AMPL; Position 21–50: 200 AMPL; Position 51–100: 100 AMPL. As a reminder, Ethfinex and Bitfinex are currently offering zero percentage maker trading fees for all AMPL pairs until 27th September 2019 Check out Ampleforth on Twitter: twitter.com/AmpleforthOrg