FORTH
FORTH

Ampleforth Governance price

$2.9940
-$0.05304
(-1.76%)
Price change from 00:00 UTC until now
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Market info
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Ampleforth Governance market info

Market cap
Market cap is calculated by multiplying the circulating supply with its latest price. Market cap = Circulating supply × Last price
Circulating supply
The amount of this crypto that is publicly available in the market
Market cap ranking
The asset’s ranking in terms of market cap value
All-time high
The historically highest price an asset has reached during its trading history
Market cap
$33.82M
Circulating supply
11,373,078 FORTH
Market cap ranking
232
24h high
$3.0991
24h low
$2.9320
All-time high
$61.8000

Ampleforth Governance price performance in USD

The current price of Ampleforth Governance is $2.9761. Since 00:00 UTC, Ampleforth Governance has decreased by -1.75%. It currently has a circulating supply of 11,373,078 FORTH and a maximum supply of 15,297,897 FORTH, giving it a fully diluted market cap of $33.82M. At present, Ampleforth Governance holds the 232 position in market cap rankings. The Ampleforth Governance/USD price is updated in real-time.
Today
-$0.05304
-1.76%
7 days
$0.13605
+4.79%
30 days
-$0.26395
-8.15%
3 months
$0.18205
+6.51%

About Ampleforth Governance (FORTH)

Amidst the crypto market's volatility, risk management strategies are vital. Ampleforth addresses this by algorithmically adjusting supply to maintain value stability despite price fluctuations. To enhance decentralization, the project introduced Ampleforth Governance (FORTH) for governance. Unlike most projects using a single token for utility and governance, Ampleforth separates these functions, enabling focused protocol development while fostering community involvement through FORTH. 

What is Ampleforth 

Ampleforth empowers decentralized finance (DeFi) innovation by providing essential infrastructure within the crypto sector. Rooted in its core protocols, the AMPL unit of account and the FORTH decentralized autonomous organization (DAO) governance, the project lays the groundwork for a novel digital economy.

AMPL: Stability through rebasement

Running on the Ethereum blockchain, Ampleforth introduces the AMPL token, a decentralized unit of account. This native token of the Ampleforth Elastic Finance Ecosystem employs a daily rebasement mechanism to ensure its value remains close to a dollar. Based on demand, this dynamic adjustment mitigates volatility risks and safeguards user funds.

FORTH: Decentralized governance

Ampleforth's approach extends to governance, marked by the introduction of the FORTH token. Functioning as a dedicated governance mechanism, FORTH empowers users to actively engage in decision-making processes. Proposed protocol changes trigger a community-wide voting process, enabling decentralized decision-making. Holders of the FORTH token can also propose protocol improvements.

The Ampleforth Protocol team

Ampleforth was co-founded by Evan Kuo and Brandon Iles in 2018. The pair then released the whitepaper for the project in July 2019. Two years later, in 2021, they separated the project’s transactional stablecoin from its governance functionality. This led to the launch of FORTH governance in April 2021. 

How does Ampleforth Governance work

Ampleforth Governance (FORTH) is a governance token of the Ampleforth network. It was created to separate the governance function from the project’s native AMPL token. FORTH empowers users to actively shape the project. The voting process takes place when a community member proposes changes to the Ampleforth protocol. The rest of the token holders get to vote, and the majority decides whether the changes should be implemented. 

FORTH tokenomics

Launched on April 21, 2021, Ampleforth Governance's native token, FORTH, has a total supply of 15.29 million. FORTH token was created for a single, specific use case, which is to be the governance token for Ampleforth. As such, it is not used for paying fees, or similar purposes. The FORTH token serves as Ampleforth's governance token. 

FORTH distribution

Ampleforth Governance has allocated its tokens in the following way:

  • 67 percent distributed to the AMPL community
  • 33 percent allocated to early backers, encompassing the core development team, advisors, supporters, and the Ampleforth Foundation
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FORTH FAQ

What is Ampleforth Governance (FORTH)?

Ampleforth Governance (FORTH) is a governance token within the Ampleforth Protocol, designed to empower users' participation in decision-making processes related to the protocol's evolution.

Can FORTH tokens be used for other purposes like fees or transactions?

FORTH tokens are dedicated solely to governance participation. They are not used for paying fees or conducting transactions within the Ampleforth network.

Where can I buy FORTH tokens?

Easily buy FORTH tokens on the OKX TR cryptocurrency platform. OKX TR’s spot trading terminal includes the FORTH/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for FORTH with zero fees and no price slippage by using OKX TR Convert.

How much is Ampleforth Governance worth today?
Currently, one Ampleforth Governance is worth $2.9761. For answers and insight into Ampleforth Governance's price action, you're in the right place. Explore the latest Ampleforth Governance charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Ampleforth Governance, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Ampleforth Governance have been created as well.