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The AmpleSense DAO Twitter competition, with a 500 AMPL prize, is designed to build awareness on Elastic Finance (EeFi). Here is how to participate in three easy steps:

  1. Write an educational tweet about Elastic Finance: Create a Twitter post that educates on Elastic Finance and is less than 260 characters, but there’s a catch. All posts MUST include words that begin with the letters E, E, F, and I, such as elastic, even, finance, etc.. Here is an example (EEFI capitalized): “Elastic Finance assets all rebase, however, it is Important to realize that not all of them rebase Evenly.” Brush…


Today we are pleased to announce the AmpleSense DAO’s Pioneer Fund.

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The Fund’s goal is to deliver token rewards to community members helping to power our mission by providing liquidity, participating in governance and engaging in other activities. (The DAO’s mission is to expand the ecosystem of solutions around Ampleforth and the elastic finance economy.)

The Pioneer Fund features two vaults that will deliver rewards to people who stake:

- kGeyser Pioneer NFTs: These limited-edition (only 200 will be minted), custom-designed NFTs will be airdropped to a random selection of early Zeus and Apollo kGeyser liquidity program participants. …


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Due to technical issues, discussed at length (here), we’ve relaunched the kGeyser liquidity programs after doing a token swap (here). The token swap rewarded the community with an additional 1,000 kMPL in the distribution process.

The liquidity mining programs are now back on as well! More information on the announcement is available here:

https://forum.amplesense.io/zeus-and-apollo-reborn-more-info-about-our-special-nfts/

The liquidity mining program will continue the popular Rebase bonus incentive: every positive Ampleforth rebase the community is rewarded with 0.5% kMPL and this bonus is increased to 1% for a negative rebase event.

Additionally, the AmpleSense team has commissioned custom art NFTs which will be…


Brandon Iles was invited to join the Ampleforth leadership in a combined AMA. The session was hosted on the AmpleSense Hub and questions were requested prior to the start of the AMA.

Full transcript is available here

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The AmpleSense DAO’s liquidity mining kGeyser program will start with “Zeus.” The Zeus kGeyser will be used to distribute the DAO’s kiloAmple (kMPL) token to AMPL/ETH liquidity providers. Zeus will be launched after the community works together to unlock four Achievements in the kGeyser Challenge.

Summary

  • The AmpleSense DAO is an independent organization focused on proactively expanding the ecosystem of products, services and solutions around Ample and the elastic finance economy.
  • The DAO has developed KiloAmple (kMPL), which has a maximum supply of 50,000 tokens. kMPL tokens will be used by community members to vote on proposals for projects and…


AMA with the AmpleSense Team (9/25/2020)

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The AmpleSense founding team held an AMA which led to a very invigorating discussion. The AMA was hosted on the Ampleforth Community discord channel and was moderated by BlockEnthusiast (Thank you!). All four members of the founding team were present.

To read a full transcript of the AMA please visit the AmpleSense Hub:

AMA FULL TRANSCRIPT

Core questions:

1) What’s the AmpleSense DAO?

Here’s the official answer about what the DAO is all about. The AmpleSense DAO is a community-launched Decentralized Autonomous Organization (DAO), powered by audited Aragon-developed infrastructure, that has two primary goals:


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We are pleased to introduce the AmpleSense Decentralized Autonomous Organization (DAO).

In just a matter of weeks, the Ampleforth project has experienced significant growth. As the community has grown, it has begun to experience some unique challenges:

  • Communication: Ampleforth, the first elastic finance asset, has a very simple design, but its impacts are complex and difficult for the average cryptocurrency investor and user to understand. There is a need for sustained, clear and engaging communication about the protocol that helps to educate, inform and grow the community.
  • Utility: The core Ampleforth developers have been working to create deep liquidity for…

AmpleSense

A global community focused on improving understanding and adoption of AmpleForth, the pioneer of elastic money.

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