According to TechFlow, Asymmetry Finance has partnered with Ampleforth and Paid Network to launch a fully on-chain synthetic dollar afUSD, whose supply will be flexibly adjusted according to market conditions. This algorithmic stablecoin uses Ampleforth's mechanism to manipulate token supply, making the system safer and more scalable. The spokesperson said that the system has no collapse conditions, no oracles that can be manipulated, and the system can bend but will not collapse. afUSD relies on algorithms rather than low-risk asset reserves to stabilize prices, and uses Ampleforth's AMPL to eliminate traditional collateral and related risks, enhancing decentralization and security.
