Ramifi Protocol — Tokenomics & Ecosystem
Ramifi’s IDO on DuckDAO kicks off on March 30th. With that in mind, we wanted to share some more information about how RAM tokens function and how we offer users the ultimate diversification tool and inflation hedge for their portfolios.
What are RAM tokens?
Inflation is eating away at your purchasing power every month. Stablecoins don’t address this issue and simply peg themselves to an ever-eroding dollar. Ramifi solves for inflation by pegging the value of RAM tokens to a dynamic basket of commodities. Commodities are naturally correlated with inflation and help to shield you from a loss of purchasing power over time.
Governance
Users who provide liquidity for the Ramifi ecosystem receive votes within the Ramifi DAO proportional to their provided liquidity. This allows LP users to serve as rational actors and govern the protocol accordingly. Liquidity provider tokens locked into Ramifi’s Torrent Liquidity Rewards Program receive a one-to-one reward in the form of Governance tokens. Please check back after launch, March 30th, to find more additional info about our Torrent and Ramifi’s DAO Governance.
RAM Token Distribution
Initial Circulating Supply excluding liquidity: 362k
Liquidity added to Uniswap V2: 75K $RAM Tokens + $75K in ETH
Initial Market cap excluding initial liquidity: $362k
We have carefully calibrated the RAM token distribution to assure the longevity of the project. Our focus is to sustainably grow the Ramifi ecosystem while providing users with an inflationary adjusted synthetic commodity, shielding their wealth from a loss of purchasing power over time.
Ramifi’s token sale accounts for 43% of the total token supply spread between three respective rounds. The total supply of RAM at launch is 2,800,00 RAM tokens. The following list describes token allocation:
Private Sale: 33% (937,500 RAM)
- Token allocation for large investors who significantly contribute to the protocol’s early success. These tokens are released 25% immediately upon launch, with the remaining 75% vested over 3 months.
Team: 21% (600,000 RAM)
- 3 month lock up then released 8.33% every month for 12 months. The purpose of this pool is for both current and future employees of the protocol, aiding in internal operations and further project development.
Treasury: 18% (500,000 RAM)
- The treasury assures that counter-party risk is minimized. These tokens are used to assure accelerated development and adoption of the Ramifi protocol within the existing DeFi ecosystem. This includes development grants, bug bounties, and other constructive/significant programs. These tokens are released 10% 14 days after launch with the remaining 80% released for 12 months daily.
- 112,000 of the 500,000 Treasury tokens have been saved for advisors (4% of Total Supply). Advisor tokens are locked for 6 months and released for 12 months at a rate of 8.33%
Ecosystem: 18% (500,000 RAM)
- This portion of tokens is utilized for rewards programs that incentivize the adoption of the Ramifi protocol. From rewards for providing initial liquidity, to contests focusing on more significant market adoption, this portion of the token distribution helps to assure that engaged users are incentivized to continually help to build the protocols adoption. These tokens are released 25% instantly, with the remaining 75% released for 6 months daily.
Seed: 6% (162,500 RAM)
- The very first investors into the Ramifi protocol. This group of investors largely represents early backers and “true believers” in the Ramifi team’s vision. These tokens will be locked for 1 month, which 15% will then be unlocked after the 1 month period. The remaining 85% will be vested over 3 months at a daily rate. *The first participants from the first seed round of December 2020 were pooled with the original seed round, receiving a 25% discount with an additional 50% token increase for staying*
Public: 4% (100,000 RAM)
- This portion of the token supply is used to facilitate the broader distribution of the token supply and to assure decentralization over the long term in the form of staking and participation in the Ramifi ecosystem. These tokens are released instantly.
The supply at launch excluding initial liquidity from the Ecosystem pool is 362,000 RAM tokens. This will inevitably change as the outstanding supply experiences fluctuations relative to demand and will always reflect an inflation-adjusted dollar.
Both the Ecosystem and Treasury instant releases will be used for Uniswap V2 liquidity and Torrent Liquidity Rewards respectively.
Keep up with Ramifi:
Github: https://github.com/ramifiprotocol/Contracts
Reddit: https://www.reddit.com/r/RamToken
Twitter: https://twitter.com/RamifiProtocol
Telegram Announcements: https://t.me/RamifiAnnouncements
Telegram: https://t.me/ramifiprotocol
Facebook: https://www.facebook.com/Ramifi-102796428303550
Governance: https://t.me/ramifigovernance
Discord: https://discord.gg/dX84vWdB2a
If you have a set of skills that you think Ramifi could use, please reach out to us at contact@ramifi.org!
