FORTH, launched in 2021, empowers users in governing the Ampleforth protocol through a democratic, six-phase process. More
| Fully Diluted Valuation | $40.18M |
|---|---|
| 24H Trading Volume | $3.72M |
| 24H Low / High | $2.63 / $ 2.77 |
| Circulating Supply | 11.50 M |
| Total Supply | 15.30 M |
| Max Supply | 0.00 |
| Categories | Stablecoin Protocol 1 more |
|---|---|
| Founder | Brandon Iles 1 more |
| Website | ampleforth.org |
| Socials | 1 more |
| Chains | Ethereum Ecosystem |
| Explorer | Etherscan 2 more |
| Contracts |
0x77f....60ce0
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| Name | Pair | OG Score |
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The decentralized finance (DeFi) landscape has been continuously evolving, with the Ampleforth protocol standing out as a notable player. At the heart of this protocol is the Ampleforth Governance Token, known as FORTH. Launched in April 2021, in collaboration with Coinbase, FORTH has become a pivotal element in the governance of the Ampleforth ecosystem.
FORTH is not just any token; it's the backbone of decision-making within the Ampleforth platform. As a governance token, it empowers its holders with the ability to participate actively in the protocol's development. Through a six-phase governance process, including discussions, proposals, targeted discussions, off-chain signaling, technical development, and binding votes, FORTH holders have a significant say in the direction and evolution of the protocol. This democratic approach ensures that changes to the protocol are community-driven and align with the interests of its users.
The Ampleforth protocol, running on Ethereum, is renowned for its two main tokens: AMPL and FORTH. AMPL, the first-ever rebasing cryptocurrency, is designed to be non-dilutive and functions as a unit of account, while FORTH oversees its evolution. The innovative mechanism of the protocol adjusts the supply of AMPL in response to demand, ensuring a stable digital asset. This unique approach has set Ampleforth apart in the DeFi space, providing a foundation for lending, borrowing, and the creation of derivatives. Furthermore, FORTH also plays a crucial role in the Forth DAO, managing treasury funds and fostering the growth of the AMPL community and its use cases.
Ampleforth Governance (FORTH) is distinctive for its dual-token model, separating the transactional stablecoin AMPL from governance functionalities. It allows token holders to partake in a detailed, six-stage governance process for protocol changes, enhancing decentralization.
Ampleforth Governance (FORTH) was co-founded by Brandon Iles and Evan Kuo, two San Francisco-based blockchain technologists, in 2018.
Ampleforth attracted nearly $10 million in venture capital from one individual and ten institutional investors across four funding rounds. True Ventures, a VC firm investing in early-stage technology startups, was a key investor during its foundational round.
You can buy Ampleforth Governance (FORTH) on Binance, Gate.io, MEXCOKXCoinbase cryptocurrency exchanges.
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Ampleforth Governance (FORTH) is not mineable.
There may be different staking options available such as to participate in DAOs, decentralized governance and for revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Ampleforth Governance (FORTH) is ($11,503,546), max supply of Ampleforth Governance FORTH is ($0) and the market cap of Ampleforth Governance FORTH is ($30,214,370).
What is the Ampleforth Governance (FORTH) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Ampleforth Governance (FORTH) is $2. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
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