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2) has built $AMPL, a token that automatically rebases each day at 11am HKT to attempt to maintain a peg near $1, though due to heavy inflows recently it's been trading higher! I'm excited to see how perpetual and quarterly futures handle the daily splits.
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Negative short funding should approach the daily rebase rate although I don't see how the daily rebase is calculated(if it's based on supply/price). Ampl was fast approaching the top of its bull cycle any way. But I'm hoping there are some surprises ahead.
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