The US dollar is constantly inflating and losing value. Stable coins suffer the same problems because of this fact. The Ramifi Protocol has solved this by creating a floating peg that adjusts along side commodity prices across the globe. As the prices of the most basic things we buy go up, so does the RAM token. The goal being the removal of the need for the USD.
These commodities are weighted by volume then averaged together to create a factor which is used to adjust the peg on a regular basis.
The Ramifi Protocol recalculates its total supply daily in order to maintain its' commodity based peg. Leveraging the fact that supply and demand dictate the price of the asset, we are able to maintain a peg while simulataneously creating a robust market. This makes the Ramifi ecosystem infinitely scalable without the need for USD backing.
When you invest in the Ramifi ecosystem, your percentage ownership in the network never changes even when the price does. When the protocol increases in size, instead of the RAM token increasing in value, the amount of RAM in your wallet grows.
Ramifi will not track Bitcoin in the same way the rest of the market does due to its supply based token mechanics.
Ramifi is the first protocol to abandon the notion of tracking the US dollar creating a crypto native unit of account.
Due to its rebase window, merchants in the long term will be able to use Ramifi without worrying about the accounting issues present in volatile assets.
Unlike other stable coins whose scaling is directly proportional to their reliance on dollars, Ramifi is infinitely scalable and dollar agnostic.
This portion of RAM tokens will be allocated for ecosystem driven ventures, and are locked for a period of 24 months. These tokens are released every month at a rate of 4.16%. The tokens will be used for strictly community and growth programs, such as partnerships and anything related to broadening the protocols utility footprint within the space.
The tokens will be initially locked for 12 months, which will then be released for 12 months at a rate of 8.33%. The purpose of this pool is for both current and future employees of the foundation, aiding internal operations and further project development. 16.67% of the 600,000 tokens will be dedicated to Advisors and those guiding the project. Advisors will be subject to the same lock up period that the team has agreed upon.
Ramifi will use this portion of tokens for its Treasury which strictly focuses on maintaining both the protocol and the Ramifi Foundation (Governance DAO). These tokens will be locked for 12 months after listing, which will then be released for 12 months every month at a rate of 8.33% to ensure full ecosystem maturity before distribution.
Seed investor tokens will be initially locked for 6 months, which will then be released at a rate of 16.66%.
Tokens sold during the public sale will be available for trading immediately.
Kyle Forkey is Ramifi's co-founder and lead smart contract developer. He has extensive experience in the cryptocurrency industry and is a strong proponent of decentralized solutions. Kyle is also a founding member of Ethmint, a financial organization that offers blockchain and smart contract development services and consultation. While at Ethmint, Kyle helped guide one of the first regulatory-compliant ICOs in the United States. Amentum Capital, where Kyle is a General Partner, is a crypto hedge fund for blockchain-based protocols and applications that focuses on diversity, security, interoperability, and Sustainability.
Kyle Kahlenberg is Ramifi's Project Manager and Lead Marketing Expert, handling both community outreach and investor relations. A University of Texas graduate with a bachelor's in Sustainability, Kyle's background has afforded him substantial real estate, land development, and project management experience. Kyle additionally co-founded helius.us, an innovative real estate investment platform that utilizes crowd-funding. He is also the founder of Olias Capital LLC, an angel investment fund which primarily focuses on Gen-Z based startups.
Ray Buckton is Ramifi’s Head of Content, overseeing the content creation process, and general word-related activities. With experience in retail banking and portfolio management, Ray’s foray into the financial field began in 2014 after graduating with a bachelor’s degree in history and political science. Ray co-founded Cryptide LLC, a cryptocurrency education startup where he assisted in producing educational content. He also co-founded HeavyZen LLC, a content creation and management company that assists projects in content creation, social media management, and SEO.