FORTH is the governance token of the Ampleforth protocol, a synthetic commodity money adjusting its supply based on demand. FORTH holders can propose and vote on changes to the protocol. Ampleforth, a DeFi protocol, provides a digital asset, AMPL, which adjusts its supply in response to demand changes. FORTH decentralizes the governance of these smart contracts and the protocol. FORTH is used for governance, allowing holders to influence the protocol’s development. Ampleforth and FORTH were created by Evan Kuo and Brandon Iles.
