Description
AMPL is a price-stable but supply-volatile cryptocurrency designed to target one CPI-adjusted dollar. Its protocol automatically expands or contracts token quantities in holders’ wallets to move the token price back toward its target. AMPL is used as a unit of account and as collateral for the SPOT protocol, and is intended to support use cases such as on-chain lending, borrowing, derivatives, tranching, and decentralized stablecoin collateral. FORTH is the governance token for the Ampleforth Protocol and DAO.