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The cryptocurrency token AMPL has been experiencing significant daily rebases ranging from 3-7% in the past week, leading to compound growth. Various entities in the decentralized finance (DeFi) space are discussing AMPL's rebase mechanism, its flatcoin design, and its potential to kickstart another DeFi boom. AMPL's rebase yield has reached as high as 7%, attracting attention from investors who see the potential for substantial returns.