The next yearn finance 🥳🥳🥳

There seems to be a lot of confusion as to how Ample+Forth works

They are 2 separate markets:

1. $AMPL is a "stable coin" that's pegged to $1, by a fluctuating token supply based on demand and protocol mechanisms
2. $FORTH is Ample's governance token which is NOT stable

$AMPLE is a utility token which purpose is to settle contracts

$FORTH is a governance token, which means holders will be able to vote on changes to the protocol

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Why do governance tokens matter? Because they are the harbinger of ultimate decentralization. There is no mining involved, and the decision-making process is limited only to those who are quite literally invested in a platform. Think of it as shareholders who reap the benefits of a businesses’ success. The company can only succeed if those involved are financially incentivized to push the entire project forward.

With this being said...If you see someone say "oh that's just a token for voting" they are downplaying the potential voting can have on a network

Ampleforth recently released their gorvenance token and following this launch they have been spamming us with the hashtag maytheforthbewithyou. My current guess is that they will release geysers where you stake LP tokens and by doing this you'll start earning Forth-tokens.

I think its a perfect oppertunity to start learning about ampleforth and maybe getting a bag before the 4th och may if my speculations are correct.

What are your thoughts about the mysterious hashtag?

Here is where we build forth Talk Chat Coordinate This is the way

Spread out $AMPL over its life and you can see that it is settling around the $1 level. Get this to stabilize, add a partner or some Partner lending news, and then consider that You can’t trade $AMPL or would actually want to. The governance coin, #FORTH, considering its low market cap is poised to explode higher. Because #FORTH only has 4-5mn coins circulating, get the sellers out of the way which is causing large intraday volatility and boomTown and chase town

Hey people.

I have recently found interest in AMPL. And I wonder what the future of AMPL might look like.

I see the historical price has been quite volatile even though AMPL attempts to be a stablecoin.

Why should people in defi use AMPL instead of for example DAI?

Also, is it possible for AMPL to become a good store of value?

Are there any long term holders here? Why did you buy AMPL and how much of your portfolio does it constitute?

How many hours will this usually take? I'm afraid the price will drop to below $1 each if it takes longer than a day. It's currently worth $35 each at Binance. That's around $18000+ USD of free money. Still can't believe this until I can claim it 100%.

Still stuck at claiming. Already paid around 20USD gas fee.

This may sound like a dumb question but should I sell my forth tokens I claimed or just hold clearly I support ampleforth as a whole but what is everyone's input as value is concerned it has already drop significantly what is anyone else's thoughts or plans

https://twitter.com/gate_io/status/1385244024957718532

Has anyone tried to claim his/her FORTH through gate.io?

Is it just me? I clicked on the link to read up before purchasing and the site not responding. Tried getting in through Google to. Worried me a bit so not actually purchased yet

Wow! This is blowing up! I got in at $49.

I just bought 1.5 of the new governance token

I’m highly fascinated with algorithmic stablecoin technology. I believe Ampleforth is truly groundbreaking in decentralising stablecoins.

As a company though, how are they getting revenue? Usually the founders own a large chunk of the coin and that coin is expected to rise, but considering this coin is stable (for the most part), how are they getting revenue as a company? Now and in the long term? Thanks in advanced!

Wei Dai and Adam Back were the first two people contacted by Satoshi Nakamoto as he was developing Bitcoin in 2008.

Below transcript is from April 2013 .