SPOT Cash
A decentralized flatcoin from Ampleforth that uses perpetual tranching of AMPL to produce a low-volatility, inflation-resistant store of value on Ethereum.
What is SPOT Cash?
SPOT is a decentralized low-volatility commodity-money issued by the Ampleforth protocol on Ethereum. Users mint SPOT by tranching AMPL into senior and junior positions, with SPOT itself made up of a rotating basket of senior AMPL tranches that targets stability without a fiat peg. Liquidity providers can pair SPOT with USDC on Uniswap V3 to capture fees from SPOT's roughly 30-day mean reversion cycle, with an optional bootstrap program for early-adopter boosted yields.
Web3 dapps and developer tools related to SPOT Cash
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SPOT Cash alternatives
Explore web3 competitors and apps like SPOT Cash.
Ethena
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MainstreetApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
