Archimedes' Lever
  • Archimedes' Lever
    • 🌐Archimedes' Lever
    • πŸ’‘The Idea & the Priority
    • πŸ›ΈOnboarding to web3
    • πŸ†”DeID
    • πŸ’ΈDeFi
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  • Quotes & Context
    • Archimedes of Syracuse
      • Give me a place to stand and a Lever and I can move the Earth
      • Do not disturb my Circles!
      • Eureka!
  • Elements
    • Elemental Model of the World
    • 🌎Earth
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    • πŸ”₯Fire
    • πŸŒͺ️Wind
    • ❀️Into the Ether πŸŒ€
  • Heart of the Archimedes' Lever
    • AMPL-SPOT System
    • Reasons are Simple
    • πŸš—Engine Metaphor AMPL-SPOT
    • 🧠Neurotransmitter Metaphor AMPL-SPOT
  • About
    • β‚Ώitcoin: Alchemy of Digital Gold
    • Ethereum: A Model of the World
    • By 3 They Come...
    • Archimedes' Lever: Leverage the Power of web3
    • Psych3
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  • At its core, the AMPL-SPOT System is a rotating conveyor belt:
  • 3 Public End-User Operations:
  • Mint - Accelerate; add fuel; tranches net Increase
  • Redeem - Decelerate; remove fuel; tranches net Decrease
  • Rollover - Perpetuate; refill fuel; tranches net Zero
  • System Layout
  • Radically Responsible - Really?
  1. Heart of the Archimedes' Lever

AMPL-SPOT System

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Last updated 1 year ago

At its core, the AMPL-SPOT System is a rotating conveyor belt:

The conveyor belt floats Senior A-Tranches, which represent a safe risk-free slice of AMPL. Because these Sr. Tranches are protected from value loss, market participants can trust that SPOT will be perpetually redeemable for Sr. Tranches of AMPL, which themselves mature into AMPL. In other words:

AMPL = $1.16 <--> Sr. Tranche = $1.16 <--> SPOT = $1.16

2019 CPI-Adjusted USD Value = $1.16; May '23

SPOT is a Perpetual Tranche

3 Public End-User Operations:

  1. Mint - speed up or add tranches to the conveyor belt

  2. Redeem - slow down or remove tranches from the conveyor belt

  3. Rollover - cruise control or maintain tranches on the conveyor belt

Mint - Accelerate; add fuel; tranches net Increase

Redeem - Decelerate; remove fuel; tranches net Decrease

Rollover - Perpetuate; refill fuel; tranches net Zero

System Layout

Radically Responsible - Really?

Yes

How?

New Tranches available for MINT every 7 days
Note: Rollover rewards presently inactive; to be decided by governance