Wrapped Ampleforth

Wrapped Ampleforth

Wrapped Ampleforth WAMPL Rank #4353

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Buying Guide Wrapped Ampleforth (WAMPL) Token. What is it, price and yields

Wrapped Ampleforth Exchanges

Exchange Market Pairs Buy
Coinbase Exchange BTC/USD -
Uniswap (V3) MIM/USDC -
Why wAMPL? wAMPL extends access to AMPL and the broader Ampleforth ecosystem by introducing a seamlessly composable ERC-20 token that makes platform integrations simpler, more secure, and faster. As the DeFi market continues to grow, wAMPL will expand AMPL's role as a key driver for the designation of stable contracts through an independent algorithmic unit of account. wAMPL stands for AMPL while wETH or wBTC stand for ETH and BTC respectively. It is a wrapped ERC20 token that is 1:1 redeemable for AMPL. Unlike AMPL, wAMPL does not rebase and maintains a variable price. wAMPL unlocks new technical integrations and greater opportunities to access the Ampleforth ecosystem. Even with historic gas prices making Ethereum-based transactions prohibitive for many, the AMPL community has continued to grow in terms of wallets and TVLs. Thanks to wAMPL, the community will now have much more flexibility on how and where to deploy their AMPL.