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I've recently added Statera and Ampleforth to my portfolio and have started to track their performance. I thought I would share that with you today.
Statera is a smart contract-powered IDT (Indexed Deflationary Token) based on the Fantom platform. The Fantom platform has currently around $8bn TVL.
If you have been holding STA in February, it has had an amazing run-up! A greater than 500% gain. Will this continue into the future?
If we take a YTD (year to date) view, we can see the results started turning around in February very clearly.
If we look at the 1 year time frame, we can see there is a reasonable gain of 43%, so those who were DCA'ing for the last year would have done very well holding STA.
Now, let's move on to Ampleforth. Ampleforth is an Ethereum-based Crypto with an algorithmically adjusted supply. It is designed to be the new money in the Defi space. We can see that Ethereum has a much larger TVL than Fantom of $120bn.
We can see that Ampleforth also has a 86% score from Defisafety with 0 security incidents.
So how has Ampleforth performed in February? Let's take a look at the first chart, there we can see the value increase 9% in February.
If we look at the YTD data, we can see there was a reasonable 16% increase.
Looking at the 1-year chart, we can see there was a 31% increase over the year and the price was pretty stable. One thing to note with Ampleforth is that you own a fixed fraction of the total AMPL instead of a fixed number of tokens. Using the daily "rebase" feature, the price should rebalance daily. Therefore I am interested to observe how my holdings will develop over time with this process.
Statera is a deflationary smart contract token based on the Fantom platform
Statera has had huge growth in the last month
Ampleforth is an Ethereum based Crypto
Ampleforth has been pretty stable the last year and "rebases" daily towards $1
Ethereum has 15x more TVL than Fantom
What are your thoughts on STA and AMPL?
Do you keep them in your portfolio?