@gcc_hellscape@WatcherGuru No SPOT, SPOT is an inflation resistant store of value that’s backed using AMPL derivatives. You can read more on it by visiting https://t.co/qRdteKkFww
A new era begins today!
Welcome $SPOT
Inflation resistant store of value.
#SPOT
Convert your stable to hedge against inflation by minting $SPOT
https://t.co/VlQqFi6Up7
Thread 🧵 coming soon
Like, follow,retweet.
Today we will be launching SPOT, an inflation-resistant stable asset designed to operate under all market conditions that can safely wind down to zero users without bailouts.
SPOT reflects our work on stablecoin designs over the past 4 years 😅
https://t.co/8rfiWbYuVf
/1
@sassal0x Here is @brian_armstrong talking about a SOV token as an alternative to a stablecoin which does NOT follow/peg to the $USD;
https://t.co/c3xIAS7JgN
Which @AmpleforthOrg (in which Brian is a seed investor) are building in their upcoming $spot token;
https://t.co/9T1VO1XcC1
@LifeofSPOT1 For those screaming crypto has failed, take a look this is history in the making. Maybe after all this breakage in centralized services people will start to see why we need these robust DeFi primitives to build a system that CANNOT be evil