Conversation

1) FTX has listed $AMPL! We have spot markets and futures. ftx.com/trade/AMPL-PERP

157

Jul 23, 2020

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.

SBF

@SBF_FTX

3) You can also stake $AMPL for 300% APY currently at ampleforth.org/geyser/ (plus details, not investment advice, etc.). You can monitor the rebases at ampleforth.org/dashboard/

5:45 AM · Jul 23, 2020Twitter Web App

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Does spot market support rebase? and not the case for perp?

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Yup spot market rebases, perps don't

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Yup!

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May we understand what will be the impact of AMPL-PERP during the rebase? Historically, the price of $AMPL drops immediately after rebase because Uniswap rebalances the pool back to 50-50 after accounting for the surge in rebase tokens. Wouldn't this be too obvious as a trade?