About Ampleforth Governance Token

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...