Market cap
$3M
-0.63 %
Volume (24h)
$93.11K
-0.63 %
Circulating supply
14,343,554 FORTH
Total supply
15,297,897 FORTH
Max. supply
15,297,897 FORTH
Ampleforth Governance Token (FORTH)
$ 0.27
-0.63 %
Main info
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Key data
updated $0Market cap$3M
Volume 24h$93.11K
Circulating supply14.34M94% of max 15.3M
All-time high$180.47-100% from peak · 2021-04-21
Ampleforth Governance Token (FORTH) is the governance token of the Ampleforth ecosystem, a DeFi project built around its flagship elastic-supply currency called AMPL. In simple terms, holding FORTH gives you a say in how the protocol develops — you can propose and vote on changes rather than just passively using the platform. It was distributed largely through an airdrop to early AMPL community members, which made it one of the more community-driven governance launches in DeFi.
Frequently asked questions
What is FORTH and how is it different from AMPL?
FORTH is the governance token that lets holders vote on protocol upgrades and changes to the Ampleforth ecosystem. AMPL, on the other hand, is the actual elastic-supply cryptocurrency whose total quantity automatically adjusts daily based on demand. Think of FORTH as your voting rights in the project, while AMPL is the asset you actually transact with.
How does the Ampleforth technology work?
Ampleforth runs on Ethereum as a set of smart contracts, so there's no separate blockchain or mining — it inherits Ethereum's security. The core mechanism is called rebasing: every day, the supply of AMPL expands or contracts across all wallets proportionally, based on a price oracle. If AMPL trades above its target, everyone holds more tokens; below it, fewer — but your share of the network stays the same.
How is FORTH issued and distributed?
FORTH has a fixed maximum supply and was launched in 2021 with a large airdrop to users who had interacted with AMPL, plus allocations to the team, backers, and the Ampleforth Foundation. A portion of the supply is released gradually over time according to a vesting schedule. Unlike AMPL, FORTH's supply doesn't rebased — it's a standard capped-supply token.
How can I store and use FORTH?
Since FORTH is an ERC-20 token, any Ethereum-compatible wallet works — MetaMask, hardware wallets like Ledger or Trezor, or mobile wallets with browser extensions. You can use it to create and vote on governance proposals through the official Ampleforth governance interface. It also trades on major decentralized and centralized exchanges if you want to move it.