AMPL Geyser -- 3 Geysers Refreshes and 1 New Geyser Announcement

The next round of Geysers starts next Monday, on February 22nd! There are four total Geysers: a continuation of the three existing Geysers and the introduction of an all new Geyser also on Balancer.

To date, thousands of community members have participated in the Geyser programs which have taken place on Uniswap, Sushiswap, Balancer and Mooniswap. In this next phase of AMPL Geysers, there will be four new Geyser allocations totaling approximately 6.4 million AMPLs.

Introducing Another AMPL Balancer Geyser: Trinity V1

The AMPL/BTC/ETH Pool on Balancer will receive support from an AMPL Geyser. For the first time there will be a Geyser for a multi-asset pool, which also includes wrapped Bitcoin. This marks an important step for AMPLs as this trinity of assets (AMPL, BTC and ETH) represent what we believe to be the most important primitives within cryptocurrency and the financial building blocks of the future DeFi ecosystem. The Trinity Geyser will launch on the ? Bitcoin,? Ethereum, ? AMPL fixed-weight balancer pool found here, and will be deployed on Monday, February 22nd.

Existing AMPL Geysers: Beehive V3, Old Faithful V1 and Pescadero V1

The three currently live Geysers (i.e. Beehive v3, Old Faithful V1 and Pescadero V1) will be continued with a new pool of rewards for each, this refresh will also occur on Monday, February 22nd. For current Geyser participants in each of these pools, if you wish to continue to participate you do not need to do anything, just remain staked in the Geyser and rewards accrual will begin when the new pool of rewards are deployed.

You can find all the Geysers starting Monday February 22nd on the ampleforth.org Dapps page here

About Ampleforth

AMPL is the first rebasing currency and a key DeFi building block for denominating stable contracts. The AMPL protocol adjusts total supply daily based on market conditions, transferring volatility from price to supply. AMPL’s elastic supply policy does not rely on traditional banks or lenders of last resort, unlike stablecoin models. Because of this unique approach, AMPL can be used as a unit of account for smart contracts in a manner that’s not possible with other cryptocurrencies. Learn more about AMPL here and follow Ampleforth on Twitter.