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Ampleforth Governance Token

Ampleforth Governance Token  FORTH Price $ 6.47

Rank: 599

303 Watchlists

DeFi

FORTH Price

6.47
3.94%
(-$ 0.266)
Price Range
LowHigh
$ 6.34$ 6.74

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Description

FORTH is a new governance token that completes the AMPL ecosystem by putting control of the protocol in the hands of the community.

Ampleforth Governance Token (FORTH) Chart

The Ampleforth Governance Token to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

FORTH to USD Converter

Ampleforth Governance Token  (FORTH)FORTH

FORTH Price Statistics

leaderboard

Market Cap

$ 73.57M

FDV

$ 99.03M

ATH Market Cap

$ 384.18M

24 Trade Vol.

$ 3.94M


Vol. (24h) / MCap

0.0536

Max Supply

FORTH 15,297,897

Total Supply

FORTH 15,297,897

Circulating Supply

FORTH 11.37M

(74.3% of Max Supply)

Listing Date

22 Apr 2021

All Time High

$ 59.80

22 Apr 2021


All Time Low

$ 2.01

12 May 2022


From ATH

89.2%

From ATL

222.3%

Ampleforth Governance Token Price Analysis

What is Ampleforth Governance Token (FORTH)?

The Ampleforth protocol is a blockchain-based platform running on Ethereum that can be used for lending and borrowing, as well as other DeFi uses. The Ampleforth protocol has two main tokens associated with its platform: AMPL and FORTH. The protocol uses an innovative approach to produce its native AMPL token. Via a set of instructions on Ethereum, the protocol adjusts the supply of the native AMPL token per demand. AMPL supports the Ampleforth ecosystem and is used in the building blocks of the Ampleforth Elastic Finance Ecosystem. It is a decentralized unit that is produced via smart contracts on Ethereum and can be used for lending and borrowing, creating derivatives, as well as for collateral for decentralized stablecoins. 

FORTH, the platform’s other token, is used in the Ampleforth platform and in FORTH DAO governance.

What can FORTH be used for?

As mentioned, FORTH unlocks opportunities for its holders to take part in Ampleforth Governance. The governance process takes the form of 6 phases necessary in order to implement changes to the protocol. The process becomes increasingly binding as ideas and proposals get developed and, eventually, deployed on the protocol.

In more detail, the steps are as follows:

  • Discussion: Ideas can be discussed across the platform’s social channels, for example, discord, community DAOs, and social media.
  • Proposals: Ideas that have gathered general support from the discussion phase can be put forward as proposals in the form of AIPs and ACCPs.
  • Targeted Discussion: Proposals are then formally discussed in a dedicated forum. Any issues or finer details can be resolved at this stage.
  • Off-chain Signaling: In cases where the Targeted Discussion phase was unsuccessful in producing a clear plan, the proposal can move forward to off-chain signalling from token holders only. 
  • Technical Development: Once all issues are decided upon, the proposals are implemented in code, tested and audited.
  • Binding Vote/Deployment: FORTH holders can vote or delegate their votes at this stage of governance. If the binding vote passes, the proposal is executed in code without any intermediaries.

FORTH holders are also entitled to take part in the Forth DAO’s activities. The DAO is dedicated to growing the use cases for AMPL and its community and managing the Ampleforth treasury funds, this includes funds from FORTH minting.

Where can you buy FORTH?

FORTH is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, CoinBase Pro, and OKX. The price of FORTH will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for FORTH market price, please view the price charts on this page.

Ampleforth Governance Token Price Today

Ampleforth Governance Token 's current price is $ 6.47, it has dropped -3.94% over the past 24 hours.

Ampleforth Governance Token 's All Time High (ATH) of $ 59.80 was reached on 22 Apr 2021, and is currently -89.2% down.

The current circulating supply of Ampleforth Governance Token is 11.37 Million tokens, and the maximum supply of Ampleforth Governance Token is 15.30 Million.

Ampleforth Governance Token ’s 24 hour trading volume is $ 3.94 Million.

Ampleforth Governance Token 's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 73.53 Million.

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