AMPL on Aave — The Story So Far [Part1]

$AMPL Utilization Rate on Aave (Source)
  1. It’s the first “Elastic Class” asset to be listed on Aave.
  2. The $AMPL spot market was in a relatively extreme condition — $AMPL price reached a recent high of $2.35 on July 26.
  3. $AMPL experienced a series of positive rebases — the highest being 6.99% on July 26.
  4. The borrowing interest rate is just 48% — this fee is nothing compared to the 1000s and even 100,000s of APY % you could make from just holding $AMPL.

Massive APY % Gains — Borrowing $AMPL Case Study

Borrowing $AMPL — the numbers, the rebases, the fees, the profits

Case Study #1

Case Study #2

(Source)

Borrowing & Lending Incentives — Finding the Balance

  • Many more $AMPL depositors.
  • A significant rise in the total available liquidity
  • A healthy drop in $AMPL utilization to ~75%
  • More $$ for Aave generated from fees
  • Happy lenders
  • Happy borrowers
  • Happy Aave users
  • Happy $AAVE & $AMPL token holders :)

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https://twitter.com/DocumentingAMPL

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Documenting AMPL

Documenting AMPL

https://twitter.com/DocumentingAMPL

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