59
7.27% (24h)
SPOT Protocol
Decentralized Flatcoin on Ampleforth
57%
Transparency Score 
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RD Popularity Index
Project Rank: 1695/18812
RD Growth Index
416
-0.07% (24h)
Project Rank: 1056/18812
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Details
SPOT is a decentralized flatcoin protocol that uses tranching instead of liquidation markets to provide stability that scales. SPOT can be held directly as a refuge from inflation, used as a peer-to-peer digital cash, or held as alternative collateral to USDC within reserves. It is created by reorganizing the volatility of its collateral asset (AMPL) into two derivative assets: SPOT is a low volatility derivative of AMPL that can be used as a flatcoin. stAMPL is a high volatility derivative of AMPL.
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