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FORTH

Ampleforth Governance price

₺100.87
+₺3.0800
(+3.14%)
Price change for the last 24 hours
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Ampleforth Governance market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
₺1.10B
Circulating supply
10,854,226 FORTH
70.95% of
15,297,897 FORTH
Market cap ranking
253
Audits
CertiK
Last audit: Feb 12, 2021
24h high
₺103.73
24h low
₺96.6525
All-time high
₺2,265.73
-95.55% (-₺2,164.86)
Last updated: Apr 22, 2021
All-time low
₺71.8581
+40.37% (+₺29.0110)
Last updated: May 12, 2022

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Ampleforth Governance price performance in TRY

The current price of Ampleforth Governance is ₺100.87. Over the last 24 hours, Ampleforth Governance has increased by +3.15%. It currently has a circulating supply of 10,854,226 FORTH and a maximum supply of 15,297,897 FORTH, giving it a fully diluted market cap of ₺1.10B. At present, the Ampleforth Governance coin holds the 253 position in market cap rankings. The Ampleforth Governance/TRY price is updated in real-time.
Today
+₺3.0800
+3.14%
7 days
-₺8.6412
-7.90%
30 days
-₺48.2732
-32.37%
3 months
-₺99.8203
-49.74%

About Ampleforth Governance (FORTH)

  • Official website
  • White Paper
  • Github
  • Block explorer
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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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Ampleforth Governance 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 1 Ampleforth Governance worth today?
Currently, one Ampleforth Governance is worth ₺100.87. 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.
Will the price of Ampleforth Governance go up today?
Check out our Ampleforth Governance price prediction page to forecast future prices and determine your price targets.

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Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
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