A guide on how to purchase the Ampleforth Governance Token（FORTH）and participate in theprotocol’sdecentralizedgovernance.
Points
- FORTHisthegovernancetokenforAmpleforth,enablingcommunitycontrol.
- Thetokensupportsdecentralizeddecision-makingandprotocolchanges.
- FORTHisdistributedtothecommunityanddevelopmentteam.
- Thetokenisavailablefortradingonmajorexchanges.
The Ampleforth Governance Token（FORTH）complements the AMPL ecosystem by giving control of the protocol to thecommunity.FORTH holders can propose and vote on changes to the Ampleforth protocol or delegate their rights torepresentatives,ensuring decentralizedgovernance.
What istheAmpleforthGovernanceToken（FORTH）?:FORTHisacryptocurrencythatpowersAmpleforth,aprojectthatautomaticallyadjuststhesupplyofitsnativetokenAMPLinresponsetodemand.FORTHisuseddirectlyordelegatedtoproposeandvoteonchangeswithintheprotocol.ItsmodelisanextensionofCompoundFinance’sCOMP,designedtoprovideafairsystemofferingsuitableincentivesforallnetworkparticipants.
Distribution ofFORTH:67%ofFORTHisallocatedtotheAMPLcommunity,and33%totheprojectdevelopmentteam,advisors,supporters,andtheAmpleforthFoundation.Ampleforthproduced15millionFORTHtokens,whichwillbeairdroppedtothecommunity,participants,andkeycontributors.
Where toBuyFORTHCoin?:FORTHCoinisavailablefortradingonBinance,theworld’slargestcryptocurrencyexchangebyvolume.UserscanpurchaseFORTHbyregisteringonBinance,transferringcryptocurrencyorfiatcurrencytotheirBinancewallet,andexecutingabuyorderforthedesiredtradingpair.
Explanation
- CommunityControl:FORTHempowersthecommunitybyenablingdecentralizedgovernance,allowingholderstoinfluenceprotocoldecisions.
- FairDistribution:ThemajorityofFORTHisallocatedtothecommunity,ensuringthatgovernanceremainsdecentralizedandalignedwithecosysteminterests.
- IncentiveMechanism:Theannualinflationrateof2%encouragescontinuedparticipationandengagementfromthecommunity.
- TradingonBinance:AvailabilityonBinanceprovidesuserswithareliableplatformtopurchaseandtradeFORTH,enhancingitsliquidityandaccessibility.