Ampleforth is a cryptocurrency designed to provide a stable store of value through an innovative mechanism called "elastic supply." Unlike traditional cryptocurrencies, its supply adjusts automatically based on demand, increasing or decreasing the number of tokens in circulation to maintain a target price. This approach aims to reduce volatility and create a more predictable asset. The project utilizes a unique algorithm that recalibrates the token supply daily. When the price of Ampleforth rises above a specific target, new tokens are minted and distributed to existing holders. Conversely, if the price falls, tokens are taken out of circulation, promoting stability and encouraging long-term holding.