$0.16781543
- Market Cap$1,930,472.473
- 24 Hour Trading Vol$1,045,532.732
- Fully Diluted Valuation$2,567,223.103
- Circulating Supply11,503,546
- Total Supply15,297,897
- Max Supply15,297,897
- Ampleforth Governance Token Price$0.16781543
- Trading Volume$1,045,532.732
- Market Cap$1,930,472.473
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The Ampleforth protocol is an Ethereum-based blockchain platform that supports lending and borrowing, along with other DeFi applications. The Ampleforth protocol is built around two core tokens: AMPL and FORTH. An inventive mechanism is used to mint its AMPL token: through a series of Ethereum instructions, the protocol alters AMPL’s supply in response to demand. AMPL powers and backs the Ampleforth ecosystem, forming part of the foundation of the Ampleforth Elastic Finance Ecosystem. It is a decentralized unit generated by Ethereum smart contracts, and it can be used for lending and borrowing, creating derivatives, and serving as collateral for decentralized stablecoins.
FORTH is the protocol’s second token. It’s used within the Ampleforth platform and also for governance through FORTH DAO.
What can FORTH be used for?
FORTH gives holders ways to participate in Ampleforth Governance. Governance is structured into 6 phases that are required to introduce protocol updates. As proposals mature and move toward deployment, the process becomes increasingly enforceable.
In more detail, the steps are as follows:
Discussion: People can debate ideas through the project’s social spaces, such as Discord, community DAOs, and social media.Proposals: Concepts that earn broad support during the discussion stage can be submitted as proposals in the form of AIPs and ACCPs.Targeted Discussion: Proposals are then reviewed in a dedicated forum. Any remaining concerns or finer points can be worked out at this stage.Off-chain Signaling: If the Targeted Discussion phase doesn’t result in a clear plan, the proposal may proceed to off-chain signalling where token holders vote only. Technical Development: After decisions are made, the proposals are coded, followed by testing and auditing.Binding Vote/Deployment: During this final phase, FORTH holders can vote or delegate their votes. If the binding vote succeeds, the proposal is carried out in code directly, without intermediaries.FORTH holders can also engage in the Forth DAO’s initiatives. The DAO focuses on expanding AMPL’s real-world use cases and supporting its community, while overseeing the Ampleforth treasury-including funds generated from FORTH minting.
Where can you buy FORTH?
You can trade FORTH on the CEXs and DEXs listed here. The most widely used venues with the highest liquidity include Binance, CoinBase Pro, and OKX. FORTH’s price may change based on the exchange selected and broader market conditions. For the latest and historical market price information for FORTH, check the price charts on this page.
| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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