Ampleforth (AMPL) is airdropping their new governance token FORTH (67% of the total supply) to eligible airdrop participants.
Eligible users have until April 16th, 2022, to claim the tokens.
From the Ampleforth Medium: AMPL is an independent financial primitive that does not rely on centralized collateral or lenders of last resort.
AMPL is a bit like Bitcoin (BTC), except it can be used in smart contracts. The Ampleforth protocol runs on the Ethereum (ETH) network and automatically adjusts its native token supply.
FORTH is a new governance token that completes the AMPL ecosystem by putting control of the protocol in the hands of the community.
The launch of the FORTH governance token is a crucial step for the project’s path toward decentralization.
How To Claim the FORTH Airdrop
Users who have interacted with AMPL, Geyser participants, and users who held AMPL during negative rebase periods are eligible to claim free FORTH tokens.
- Visit the Ampleforth airdrop claim page
- Connect your Ethereum wallet
If you’re eligible, then you will be able to claim free FORTH tokens.
If you have interacted with Ampleforth, you are eligible to claim FORTH tokens.
The AMPL protocol adjusts total supply daily based on market conditions, transferring volatility from price to supply. AMPL’s elastic supply policy does not rely on traditional banks or lenders of last resort, unlike stablecoin models. Because of this unique approach, AMPL can be used as a unit of account for smart contracts in a manner that’s not possible with other cryptocurrencies.
For more information regarding the airdrop, see this Medium article.
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