FORTH is a cryptocurrency that powers Ampleforth, a protocol that automatically adjusts the supply of its native token, AMPL, in response to demand. FORTH is Ampleforth’s governance token. FORTH holders can vote on proposed changes to the Ampleforth protocol or delegate their votes to representatives who vote on their behalf.

Reserve Rights (RSR) is the central governance token of the Reserve ecosystem. Reserve is a platform for creating DTFs (Decentralized Token Folios), which are the decentralized, self-custody, onchain version of ETFs. DTFs created on Reserve are called RTokens, and there are two types: Yield RTokens and Index RTokens. When staked on any Yield RToken or locked on any Index RToken, RSR holders gain governance rights to propose and vote on basket and configuration changes. For Yield RTokens, staked RSR serves as overcollateralization, providing first-loss capital in the unlikely case of a collateral default in exchange for a portion of revenue. RSR tokens can also be held unstaked if preferred.