Market cap
$485.28K
-0.14 %
Volume (24h)
$351.56
-0.14 %
Circulating supply
1,393,529 WAMPL
Total supply
1,429,297 WAMPL
Max. supply
10,000,000 WAMPL
Wrapped Ampleforth (WAMPL)
$ 0.33
-0.14 %
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Key data
updated $0Market cap$485.28K
Volume 24h$351.56
Circulating supply1.39M14% of max 10M
Wrapped Ampleforth (WAMPL) is a wrapped version of the Ampleforth (AMPL) cryptocurrency, designed to bring its unique elastic supply model to Ethereum-based DeFi ecosystems. The ticker WAMPL represents AMPL tokens wrapped in an ERC-20 format, making them compatible with Ethereum smart contracts and decentralized applications.
Frequently asked questions
What is Wrapped Ampleforth (WAMPL) and how does it differ from AMPL?
WAMPL is a wrapped version of AMPL, meaning it represents AMPL tokens in an ERC-20 format. While AMPL has an elastic supply that adjusts based on demand, WAMPL is a fixed-supply token that allows AMPL to interact with Ethereum-based DeFi platforms.
How does the technology behind WAMPL work?
WAMPL uses a wrapping mechanism to convert AMPL into an ERC-20 token. This process involves locking AMPL tokens in a smart contract, which then mints an equivalent amount of WAMPL, enabling seamless integration with Ethereum’s DeFi ecosystem.
How is WAMPL issued and what controls its supply?
WAMPL is issued when AMPL tokens are locked in a smart contract, creating a 1:1 representation. The supply of WAMPL is fixed and does not adjust like AMPL’s elastic supply, ensuring stability for DeFi applications.
How can I store and use WAMPL?
WAMPL can be stored in any Ethereum-compatible wallet, such as MetaMask or Ledger. It’s primarily used in DeFi platforms for lending, borrowing, or liquidity provision, leveraging Ethereum’s ecosystem.