Ampleforth is an Ethereum-based cryptocurrency also known as a stablecoin, with a circulating supply that is algorithmically adjusted. It is intended to serve as the new decentralized economy's base money by offering an asset that is immune to supply inflation and remains unaffected by the price movements of other cryptocurrencies, particularly Bitcoin (BTC).Instead of a fixed number of tokens, Ampleforth token holders own a fixed fraction of the total AMPL circulating supply. When the protocol detects that the price of AMPL is too high, the circulating supply will increase and if the price is too low, the supply will reduce.A "rebase" is an automatic supply adjustment that occurs once a day, with a positive rebase if the price rises above $1.06 and a negative rebase if the price falls below $0.96. The system's overall purpose is to generate incentives that drive AMPL's market price back to $1.