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Ampleforth, Balancer Launch Rebasing “Smart Pool” to Prevent Impermenant Loss

Ampleforth, the protocol behind the supply elastic supply token, AMPL, announced today the launch of a rebasing “Smart Pool” in collaboration with Balancer Labs. The initiative will help reduce costly impermanent loss for traders. Ampleforth Launches World’s First Rebasing Smart Pool As the supply of AMPL expands or contracts every 24hrs, the USDC-AMPL Balancer Smart Pool will automatically adjust pool ratios to remove all impermanent loss associated with AMPL’s supply pesky rebases.  Additional benefits of the pool include non-collateralized loans, a non-fixed supply, price targets, and automatic supply rebasing. Brandon Iles, a co-founder at Ampleforth, said: “The rebalancing smart pool,…

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