Exchange Ampleforth Governance Token (FORTH)
If you're looking to swap Ampleforth Governance Token, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Ampleforth Governance Token, or some fresh information about FORTH’s price movements. And, of course, we provide you with multiple Ampleforth Governance Token exchange options so that you can choose the offer with the best rates and lowest Ampleforth Governance Token fees, as well as other parameters that suit you.
Ampleforth Governance Token Price Stats
To help you make a decision about exchanging your Ampleforth Governance Token, we gathered some cold hard numbers: Ampleforth Governance Token price chart and other stats, such as Ampleforth Governance Token market cap.
FORTH 24H HIGH $4.9794024
FORTH MARKET CAP $70,365,791.884
FORTH CIRCULATING SUPPLY 15,297,897.145 FORTH
FORTH 24H LOW $4.54274356
FORTH PRICE $4.59970356
FORTH 24H VOLUME $327,031.486
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Ampleforth Governance Token Price Chart
Here you can see the current price of Ampleforth Governance Token, as well as Ampleforth Governance Token price history.
What is Ampleforth Governance Token?
FORTH is a governance token on Ampleforth, complementing AMPL which is a currency on the same blockchain. FORTH was released in April 2021, while AMPL has been in use since 2019.
The main idea behind Ampleforth is creating a cryptocurrency with an elastic supply, which is achieved by automatically expanding and shrinking the supply of AMPL, or rebasing following the price changes. This way, the price always hovers around $1. One caveat of this is that the number of tokens in every holder’s wallet changes constantly to keep the same value after rebasing. This limits some functionality that requires a fixed number of staked tokens from the users – namely, the voting process. FORTH was created as a token with a non-elastic supply to solve this issue.
FORTH is used by the Ampleforth’s community to vote on changes to the main protocol, directly or through delegates. The tokens were initially distributed between the early backers of the project and the active community participants – i.e. users who previously interacted with AMPL. FORTH’s launch came after Ampleforth’s ecosystem was established and AMPL proved to be a useful cryptocurrency as a step towards decentralization and a sign of trust in the community.
A Simple Way To Exchange Ampleforth Governance Token Here At SwapSpace
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