SPOT Protocol

Decentralized Flatcoin on Ampleforth

Über SPOT Protocol

SPOT is a decentralized flatcoin protocol that uses tranching instead of liquidation markets to provide stability that scales. SPOT can be held directly as a refuge from inflation, used as a peer-to-peer digital cash, or held as alternative collateral to USDC within reserves. It is created by reorganizing the volatility of its collateral asset (AMPL) into two derivative assets: SPOT is a low volatility derivative of AMPL that can be used as a flatcoin. stAMPL is a high volatility derivative of AMPL.
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Evan Kuo
Evan Kuo

Founder

Investoren

Coinbase Ventures
Coinbase Ventures

Details zum Fundrasing

Strategic(2024-07-07)
Menge$1,00M
Investoren
Coinbase Ventures
Coinbase Ventures
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