Too Long; Didn't Read
The Ampleforth project is a non-dilutive non-fiat decentralized elastic-supply permission-less money. The project is based on the 2019 US Dollar, based on inflation-adjusted price. It uses smart contracts that algorithmically adjust the supply based on price which is supplied by on-chain oracles. The current target for USD is 2% inflation per year. The system is set up to track the price of the US dollar based on CPI inflation adjusted price.