Ampleforth's AMPL & FORTH tokens power its DeFi platform. FORTH governs the protocol through a phased voting process and DAO participation.
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The Ampleforth protocol is a blockchain platform on Ethereum that facilitates lending, borrowing, and various DeFi applications. It features two primary tokens: AMPL and FORTH. AMPL is generated through an innovative supply adjustment mechanism based on demand, supporting the broader Ampleforth ecosystem and serving as a versatile asset for lending, borrowing, derivatives creation, and collateral for decentralized stablecoins. FORTH, on the other hand, is used for governance within the platform. It enables holders to participate in a structured decision-making process consisting of six phases: discussion, proposal submission, targeted discussion, off-chain signaling, technical development, and binding voting/deployment. This process ensures that proposals are thoroughly reviewed and implem...
As of now, Ampleforth Governance Token is trading at 2.76425 USD, with a 24-hour trading volume of approximately 0 USD. The FORTH to USD price is updated in real time. Over the past 24 hours, Ampleforth Governance Token has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 31.66M USD. Currently, there are 11 454 226 FORTH in circulation out of a maximum supply of 15 297 897 FORTH.
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