I'm fascinated by the idea of Elastic Crypto Currencies and to see how they play out and how they negate the Cantillion Effect of currency issuance that plaques most FIAT currencies.
I've tried looking for a good general article on them but they mostly seem to be about Ampleforth; which I was trying to avoid as I do own a small amount of AMPL (and I enjoy sharing the memes about it).
I still feel its worth sharing this article about Ampleforth as its one of the best I've seen out there so far in its description and analysis of Elastic Cryptos in general.
***Disclaimer*** I do own a small amount of this currency, this is not a recommendation to buy or a promotion but more to raise awareness of this new token design. Enjoy
"Ampleforth is a cryptocurrency which adjusts its supply based on demand. Ampleforth is built on the Ethereum blockchain as an ERC-20 token and each AMPL token is referred to as an Ample. When demand goes up, the total supply of AMPL increases and when demand goes down its total supply decreases."