Ampleforth Governance Token (FORTH) is the native ERC-20 governance token of Ampleforth (AMPL), an algorithmic stablecoin with a variable supply. Upgrades and changes to protocol parameters will be voted on using FORTH. FORTH is the governing mechanism that controls the evolution of AMPL, which is a separate currency that serves as a unit of account.
FORTH is a decentralized inflationary coin that can be used to propose and vote on changes to the Ampleforth protocol. Token holders have the option of delegating their voting power to representatives who will vote on their behalf.
FORTH's design ensures that it will be really uncensorable: no one or limited body will be able to impose changes that are contrary to the desires of the community.
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