Be the Bank with Ampleforth’s SPOT Vault v2
Ampleforth is introducing Vault v2, a revolutionary step for AMPL holders to Be their own Bank.
The Vault is a direct way for anyone to mint, redeem, or arb SPOT — a stable, low-volatility derivative of AMPL that acts like decentralized, peer-to-peer digital cash.
By staking your AMPL in the Vault, you can Be The Bank — empowering others to obtain the capital they need (SPOT) or engage in financial opportunities. All revenues from these processes flow directly back into the hands of the stakers.
This is how stakers can Be The Bank, benefiting directly from SPOT’s growth, trade volume, and arbitrage. When considering the stables market, this is a $100 billion+ opportunity.
How to Take Advantage:
- Buy AMPL: Start by getting your hands on some AMPL. It’s your ticket in.
- Stake in the Vault: Deposit your AMPL in Ampleforth’s vault. You are now The Bank.
- Earn: As SPOT thrives, so does your stake. Your involvement brings you earnings from the system’s success, including transaction fees, arbitrage profits, and, most importantly, value capture from SPOT’s (and AMPL’s) supply expansion.
Why This Matters
For too long, the perks of financial systems have been locked away from everyday people. Ampleforth changes that. By staking AMPL and becoming the bank, you tap into a new world of decentralized finance — simple, accessible, and profitable.
Of course, fiat currencies like USD are heavily centralized. The government controls them, how much is printed (inflation), influences what interest rates are, and central banks profit.
Now, we have stablecoins like USDC and DAI, which are a step in the right direction, but they are still centralized and tied (pegged 1 USD = 1 USDC) to the centralized fiat system. What’s more, the owners control the supply and take fees for minting and redemptions — on a billion-dollar scale.
Imagine YOU could act as an executive behind USDC, collecting fees and profiting from minting and redemption processes, arbitrage, and trading volume.
Thanks to Ampleforth’s open ownership — you can Be The Bank!
Staking your AMPL in the Spot Vault makes YOU The Bank. You profit from SPOT’s growth, arbitrage, minting, and redemption. At the time of writing, the Vault has a TVL of over $25 million.
Check out the Vault today — https://app.spot.cash/vault
