Ampleforth Alive on Binance Smart Chain

So yesterday Ampleforth became yet another native Ethereum defi project extended its reach to Binance Smart Chain, as the project integrated Meter Passport bridge for cross chain swap of it's native AMPL coin. AMPL is also available on PancakeSwap trading platform.

Ampleforth is known to be the introducer of world's first rebasing currency, AMPL. AMPL supply is elastic, meaning the protocol translates price-volatility into supply-volatility and makes token behave like a stable coin. So, when Ampleforth network worth grows, number of AMPL tokens in wallets increase and vise versa.

Currently, Pancakeswap is hosting AMPL to Syrup pool, where users can stake Cake to earn AMPL. Also their is AMPL-BUSD farm offering AMPL rewards to LPs.

Ampleforth is also considering expansion to other chains as well in future, like Tron, Polkadot and Near. But, for now it seems Ampleforth's decision to go for Binance Smart Chain is being hailed by the community as the price of AMPL token is already soaring.