FameEX will conduct the listing of Ampleforth Governance Token

2025-04-11 11:39:59

FameEX will list Ampleforth Governance Token (FORTH) on April 11.

Information about FORTH

Ampleforth Governance Token (FORTH) is a governance token for the Ampleforth protocol and its decentralized autonomous organization (DAO). Launched in April 2021, it allows holders to participate in the decision-making process by voting on changes to the protocol or delegating their votes to representatives. FORTH plays a key role in governing the development of Ampleforth and its strategic direction.

The Ampleforth ecosystem includes AMPL, a cryptocurrency with a rebasing mechanism that adjusts the token supply daily based on market conditions, aiming to achieve price equilibrium. AMPL offers an alternative to traditional stablecoins by providing stability through dynamic issuance, while FORTH is used for governance, allowing token holders to submit and vote on protocol development proposals.

FORTH has a fixed supply of 15 million tokens, which eliminates its inflation and dilution of governance. FORTH holders can participate in votes, determining the development of Ampleforth, and the token itself is resistant to withdrawal or freezing, enhancing its autonomy and security. With FORTH, the protocol becomes more decentralized and adaptive, ensuring transparent and efficient governance.

TOKEN1,7%

WAMPL1,19%

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