What is FORTH Token?
Ampleforth Governance Token (FORTH) is the native governance token that powers Ampleforth, a protocol that automatically adjusts the supply of its native AMPL token in response to demand. FORTH holders can vote on proposed changes to the Ampleforth protocol or delegate their votes to representatives who exercise this right on their behalf. The assignment of the FORTH token to the existing Ampleforth ecosystem is as follows: 67% of FORTH assigned to the AMPL community, 33% of FORTH to early backers such as the development team, advisors, supporters and the Ampleforth Foundation. Ampleforth only minted FORTH 15 million. At the time of writing, there are approximately 6.4 million FORTHs in circulation.
How to claim the FORTH airdrop?
FORTH is conducting an exceptional airdrop, in favor of the Ampleforth community, which can be claimed via this link:
Claim address: https://www.ampleforth.org/governance/
According to the Ampleforth announcement, there is an expiration date to request the airdrop. All qualified community members must complete the procedure by April 16, 2022, after this date, unclaimed RTHs will be placed in a community-governed DAO.
How do you trade FORTH?
Following the official launch, a growing number of centralized and decentralized exchanges have announced support for FORTH trading. Coinbase, Coinbase Pro, Binance and KuCoin, for example, have announced the listing of FORTH. If you have successfully claimed the FORTH airdrop, you can deposit on Coinbase, Binance or KuCoin, for trading, or keep them in a hardware wallet such as Ledger or Trezor.
Final remarks Ampleforth is the first project with stable rebase. As Ampleforth's governance token, the FORTH token determines the development direction of Ampleforce, with the further development of the Ampleforth ecosystem. A token with huge growth potential. Absolutely to keep an eye on. It could really be the next big surprise in the cryptocurrency market given the scarcity of minted coins (15 million FORTH).