About Ampleforth Governance

FORTH serves as the governance token for the Ampleforth protocol, which is designed to dynamically adjust the supply of its native token, AMPL, based on market demand. This mechanism aims to maintain price stability by responding to fluctuations in demand, thereby providing a unique approach to cryptocurrency supply management. Holders of FORTH have the ability to influence the direction of the protocol by voting on proposed changes or by delegating their voting rights to trusted representatives. The governance structure facilitated by FORTH empowers the community to actively participate in decision-making processes, ensuring that the protocol evolves in alignment with the interests of its users. This decentralized governance model is crucial for maintaining transparency and adaptability within the Ampleforth ecosystem, allowing stakeholders to collectively shape the future of the protocol and its associated tokenomics.