
SPOT Protocol
Decentralized Flatcoin on Ampleforth
$SPOT
@$SPOTFollowers10.42 K
Following29
Influence Index161
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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.
Team Members

Evan KuoFounder
Investors

Fundrasing details
Funding Round | Amount | Valuation | Date | Investors |
---|---|---|---|---|
Strategic | $1.00M | -- | 2024-07-07 | ![]() |