Ampleforth Governance Token (FORTH)
Rank #1377
Market snapshot
- Price
- N/A
- Market cap
- N/A
- 24h volume
- N/A
- Circulating supply
- N/A
- Total supply
- N/A
- Max supply
- N/A
What is Ampleforth Governance Token?
The Ampleforth Governance Token (FORTH) serves as a governance mechanism for the Ampleforth protocol, which aims to create a price-stable cryptocurrency that adjusts its supply based on demand fluctuations. The protocol targets the CPI-adjusted dollar, allowing holders of AMPL to benefit from network growth through supply rebasing, ensuring that ownership percentages remain stable despite supply changes.
Key information
- Symbol
- FORTH
- CMC rank
- #1377
- Network / platforms
Ethereum, Near
- Categories
- N/A
- Date added
- Apr 21, 2021
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Ethereum
0x77fba179c79de5b7653f68b5039af940ada60ce0Near
77fba179c79de5b7653f68b5039af940ada60ce0.factory.bridge.near
Key characteristics
FORTH is used to control the Ampleforth Protocol and its DAO, enabling token holders to participate in governance decisions. The token is part of a decentralized system that allows for community engagement and decision-making regarding the protocol's future. It operates on both the Ethereum and Near networks, with contract addresses available for each.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Ampleforth Governance Token (FORTH)?
- Ampleforth Governance Token (FORTH) is a governance token used to manage the Ampleforth protocol, which focuses on creating a price-stable cryptocurrency.
- How does the Ampleforth protocol work?
- The Ampleforth protocol adjusts the supply of its cryptocurrency, AMPL, based on demand, targeting a price stability aligned with the CPI-adjusted dollar.
- What are the key technical features of FORTH?
- FORTH is utilized for governance within the Ampleforth DAO, allowing token holders to influence decisions regarding the protocol's development and operations.
- What should I consider regarding the custody of FORTH?
- Self-custody requires secure handling of private keys and recovery phrases. Always verify contract addresses and networks before transferring assets.
- How can I verify the acquisition of FORTH?
- Ensure to verify the asset name, network, and any contract details before making transfers.
- Where can I find official resources for Ampleforth?
- Official resources for Ampleforth can be found on their website at https://www.ampleforth.org/.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.
