FORTH 6 DAYS UP!! UP!!
BUT, What is FORTH?
FORTH is the governance token for the Ampleforth Protocol (AMPL), an elastic–supply DeFi protocol on Ethereum
Ampleforth & AMPL:
AMPL aims to be a decentralized unit of account whose supply automatically adjusts daily to target the 2019
CPI-adjusted US dollar. This keeps value stable in the long run, while supply rebounds to reflect market demand
Governance Role of FORTH:
FORTH token holders govern the protocol via the Forth DAO. They can propose changes, vote on protocol parameters,
manage liquidity, allocate grants, and use DAO treasury resources.
The DAO supports ecosystem growth through strategies like protocol-owned liquidity and targeted ecosystem grants
Tokenomics:
Initial supply: 15 million FORTH tokens minted at genesis.
Allocation: ~67% to the AMPL community; ~33% to early backers, developers, and the Ampleforth Foundation.
Inflation cap: Maximum of 2% annual inflation, controlled through community governance
