Ampleforth Governance Token

Purpose and Utility

FORTH is the governance token of the Ampleforth protocol, a digital currency protocol that automatically adjusts its supply in response to demand. Token holders can participate in the governance of the protocol by voting on key parameters and protocol upgrades.

Business Model

The token's primary utility is governance rights over the Ampleforth protocol. Token holders can propose and vote on changes to the protocol's parameters, including supply adjustment thresholds and other economic policies. This governance model is transparent and does not involve any inherently prohibited activities.

Real-World Adoption

The token has maintained consistent governance participation since its launch in 2021. Active governance proposals and voting activities demonstrate legitimate utility in protocol governance, though adoption remains relatively concentrated among larger token holders.

Platform Development

The Ampleforth protocol maintains active development, with regular updates and improvements. The governance system is functional and actively used for protocol decision-making.

Token Distribution

The initial token distribution included allocations to the founding team and early supporters with vesting schedules. A significant portion was distributed to the community through various mechanisms including airdrops to early Ampleforth users.

Revenue Model

The token itself does not generate revenue through interest or lending. Its value is derived from the governance rights it provides over the protocol.