What is Ampleforth used for?

Can you explain in detail what the primary use cases of Ampleforth are? As a cryptocurrency and decentralized finance project, it seems to have a unique value proposition with its elastic supply mechanism. How does this translate into practical applications and benefits for users? Is it primarily aimed at stabilizing prices, or does it offer other functionalities as well? Clarifying these points would greatly help me understand the full potential of Ampleforth.