The Ampleforth Governance Token (FORTH) is the native governance token that completes the Ampleforth (AMPL) ecosystem. Launched in April 2021, it is an algorithmic stablecoin that can be directly utilised to vote on protocol parameters. FORTH holders simply delegate their votes to representatives who can then utilise this voting power on their behalf.
FORTH is inflationary with a fluctuating supply and only 15 million total are available to be claimed.
FORTH is ultimately designed to put control of Ampleforth protocol into the hands of its community.
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Yes, Swyftx is a safe and secure platform to buy and sell Ampleforth Governance Token (FORTH). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of FORTH is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy Ampleforth Governance Token with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy FORTH instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
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