Ethereum
Token price
-6.54% last 24h
Activities
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Market cap
24h vol
Holders
Total liquidity
-
Balance: $0
($36.92 M)
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Data provided by
CoinMarketCap.comFORTH operates as a token within the Ampleforth ecosystem that emphasizes governance. As a token holder, you can participate in decision-making processes. FORTH assists in managing the assets overseen by the FORTH DAO treasury.
FORTH operates in conjunction with AMPL, another token that modifies its supply based on demand to maintain balance within the ecosystem. It supports AMPL by giving holders the opportunity to vote and allocate funding to teams and projects that contribute to the ecosystem. FORTH allows holders to participate in voting on potential protocol alterations through Ampleforth Improvement Proposals (AIPs) and Ampleforth Community Consensus Proposals (ACCPs). The token plays a crucial role in the ecosystem's objective of developing an infrastructure that supports tokens and a vibrant financial ecosystem.
The ecosystem has introduced SPOT, a token that serves as a bulwark against certain unpredictable events. SPOT also functions as a decentralized token within the Ethereum blockchain. The ecosystem, which relies on FORTH operationally, offers an abundance of resources and contains extensive information and comprehensive documentation about the token and its role. A program named "Ecosystem Grants" enables the granting of resources to projects or initiatives that align with the goals of the ecosystem's development.
FORTH promotes inclusion into various services while remaining receptive to changes. FORTH DAO assets are managed in a specifically designated wallet. FORTH includes functionalities like lending and borrowing. As for governance, FORTH token holders can participate in choosing the issuance of new tokens through an on-chain vote. The focus is on expanding the acceptance of AMPL, driven by initiatives such as ecosystem development by the FORTH DAO.
FORTH serves as a governance token within the Ampleforth ecosystem. Its function is to contribute to a sense of collective ownership by enabling holders to partake in the decision-making process regarding protocol alterations and improvements. A distinctive feature of FORTH is its flexible supply model, which adapts the token supply according to demand dynamics. This method is aimed to foster distributed market equalization. Furthermore, FORTH emphasizes the merit of token holder commitment by utilizing value, instead of volume, as the primary factor. By interacting with the FORTH token, you can engage actively in governance and interact with an adaptive economic model centered on relative price equilibrium.
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FORTH Metrics:
Current price: $5.3359
Market cap: $57.52 M
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $2.52 k
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