Ampleforth Governance Token

About Ampleforth Governance Token

Ampleforth Governance Token (FORTH) is the native governance token of the Ampleforth protocol, launched in 2021 on the Ethereum blockchain. FORTH holders can vote on proposed changes to the protocol or delegate their voting power to representatives. What sets Ampleforth apart is its elastic supply mechanism, where the supply of its base token, AMPL, automatically expands or contracts in response to market demand rather than relying on price adjustments alone. FORTH serves as the decentralized decision-making layer overseeing this unique rebasing system, giving the community control over the protocol's future direction.