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Open in app Sign up Sign in Write Sign up Sign in THE SPOT/USDC PAIR ON AERODROME Evan Kuo · Follow Published in Ampleforth Blog · 2 min read · Jul 18, 2024 104 Listen Share We’re excited to introduce a new type of liquidity pair on Aerodrome. SPOT is a low-volatility asset that has some unique properties. SPOT is the very first of its kind—and in this post we’d like to discuss the benefits of pairing SPOT with USDC to provide liquidity on Aerodrome. Providing liquidity on stablecoin pairs is a popular way to generate yield in decentralized finance today due to: * Low Downside Risk * Real Yield But what does it mean to provide liquidity for a low volatility pair? LOW VOLATILITY IS NOT THE SAME AS NO VOLATILITY SPOT is a low-volatility commodity money. It’s durable, decentralized, and inflation resistant, like a commodity money, but less volatile. Most importantly, SPOT is a mean-reverting asset — and a derivative of AMPL. Some quick context on AMPL AMPL, launched in 2019, by design has a mean-reverting price around its target: the CPI-adjusted 2019. It is a price stable but supply volatile cryptocurrency, the details of which are best covered elsewhere. What matters is that over time, it has been demonstrated that the price of AMPL returns to target, even through extreme market conditions. This is AMPL’s historical price distribution: Now that we have some context on AMPL, onto SPOT SPOT is a derivative of AMPL that broadly shares AMPL’s price distribution, but is shielded from AMPL’s supply volatility. SUMMARY OF BENEFITS The SPOT/USDC DEX pool is similar to a stablecoin pair pool and carries similar benefits in the sense that: * SPOT is a mean-reverting asset and thus has significantly lower downside risk than typical cryptocurrencies. However, because SPOT has naturally higher volatility than a stablecoin: * SPOT pools have the potential to magnify real yields by inviting much larger trade volumes (from arbitrage) on decentralized exchanges. LINKS TO RESOURCES To provide liquidity, vote for gauge emissions, and learn more see the following links: * LP into the SPOT/USDC pool: [link to pool] * VOTE on the SPOT/USDC gauge: [link to vote gauge] * LEARN more about the SPOT protocol: [link to spot primer] Thanks for reading — we’re thrilled to be building on BASE! Team SPOT SIGN UP TO DISCOVER HUMAN STORIES THAT DEEPEN YOUR UNDERSTANDING OF THE WORLD. FREE Distraction-free reading. No ads. Organize your knowledge with lists and highlights. Tell your story. Find your audience. Sign up for free MEMBERSHIP Read member-only stories Support writers you read most Earn money for your writing Listen to audio narrations Read offline with the Medium app Try for 5 $/month Defi Spot Ampl Base Aerodrome 104 104 Follow WRITTEN BY EVAN KUO 493 Followers ·Editor for Ampleforth Blog Follow MORE FROM EVAN KUO AND AMPLEFORTH BLOG Evan Kuo in Ampleforth Blog SPOT V2 — THE COST OF STABILITY “THERE IS NO SUCH THING AS FREE LUNCH” — MILTON FRIEDMAN May 1 85 Evan Kuo in Ampleforth Blog THE ASSET THAT’S MISSING “GENIUS HITS A TARGET NO ONE ELSE CAN SEE.” — SCHOPENHAUER Apr 26 73 Evan Kuo in Ampleforth Blog THE SPOT DECENTRALIZED FLATCOIN — A FIVE YEAR JOURNEY IN 5 MINUTES SPOT IS AN AMPLEFORTH FOUNDATION PROJECT AND IT IS THE CULMINATION OF A FIVE-YEAR-LONG ENDEAVOR. THE PROJECT STARTED WITH THE SIMPLE GOAL… Jun 12, 2023 120 Evan Kuo in Ampleforth Blog THE SPOT FLATCOIN — A LOW VOLATILITY DERIVATIVE FLATCOIN, STABLECOIN, IS THERE REALLY ANY DIFFERENCE? SURELY THIS NEW “TERM OF ART” USED TO DESCRIBE THE NEXT GENERATION OF STABLE… Apr 16 153 See all from Evan Kuo See all from Ampleforth Blog RECOMMENDED FROM MEDIUM Subhashish C. 6 ALTCOINS WITH CURRENT HIGH GROWTH POTENTIAL! PLUS: A STRATEGIC BULL MARKET EXIT PLAN 6d ago 203 2 Automated Income Lifestyle w/ C.W.Morton in Technology Hits A NEW MOBILE-PHONE MINEABLE LAYER-1 CRYPTO HAS LAUNCHED. WILL IT BE BETTER THAN PI-NETWORK? INTRODUCING BLOCKDAG. Jul 12 332 21 LISTS STAFF PICKS 718 stories·1248 saves STORIES TO HELP YOU LEVEL-UP AT WORK 19 stories·762 saves SELF-IMPROVEMENT 101 20 stories·2618 saves PRODUCTIVITY 101 20 stories·2252 saves Jessica Doosan NEAR PROTOCOL CAN BIG JUMP IN 2025 2018 TO 2025 IN-DEPTH RESEARCH | 2024 UPDATES | GROWTH Jun 26 3 Evan Kuo in Ampleforth Blog THE SPOT FLATCOIN — A LOW VOLATILITY DERIVATIVE FLATCOIN, STABLECOIN, IS THERE REALLY ANY DIFFERENCE? SURELY THIS NEW “TERM OF ART” USED TO DESCRIBE THE NEXT GENERATION OF STABLE… Apr 16 153 Scott Debevic 5 REASONS BITCOIN IS A STEAL AT $60K AFTER FOUR MONTHS OF BORING SIDEWAYS MOVEMENT, NOW MAY BE THE MOST INOPPORTUNE TIME TO GIVE UP ON BITCOIN. HERE ARE FIVE REASONS TO STAY IN… Jun 29 328 9 Jade Sola DEEP DIVE ON ZK ON SOLANA VS ZK ON ETHEREUM OVERVIEW Jul 6 340 1 See more recommendations Help Status About Careers Press Blog Privacy Terms Text to speech Teams To make Medium work, we log user data. By using Medium, you agree to our Privacy Policy, including cookie policy.