RAM: Reactive money with immutable value.
Ramifi is excited to announce its pre-launch bounty program! Users can participate and earn tokens by completing a certain amount of tasks that can be found on:
Ramifi is a decentralized finance tool used to combat inflation and preserve dollar purchasing power.
Begins: November 13th, 2020
Ends: December 4th, 2020
Ramifi Protocol: Injection Offering (IO) explained
What is an Injection offering?
An injection offering is a new and innovative way to provide investors and the crypto-community with a more sensible approach to token offerings. The process of Ramifi’s (RAM) Injection Offering begins with a Market Maker introducing a 50/50 split of Ethereum and RAM token of equal value, where 1 ram token is priced at 1 dollar. This offering will be held and created on the decentralized exchange UniSwap v2. As tokens are purchased based on the initial value, the amounts in the Market Maker contract will be readjusted on a 24 hour basis. This means that when the contract reaches its first 24 hour cycle, more RAM Token and Ethereum is ‘injected’ into the contract rebalancing 1:1 to stabilize price. Overtime, these cycles will eventually allow a natural distribution to desiring holders until all tokens have been sold (800,000 RAM).
Why are you using an Injection Offering?
Ramifi created the injection offering to allow market forces to determine and drive how money will be raised for the protocol. We consider this to be a more fluid and dynamic structure which allows investors to participate and profit from an offering by adding liquidity.
How will I be able to add liquidity to the offering?
Uniswap V2 users will be able to participate and generate daily compounded interest from the offering by adding tokens purchased or airdropped and to the Uniswap Liquidity Pool Contract. Uniswap’s protocol allows for simple and easy participation in both the Injection Offering and the Liquidity Pool.
When does the Injection Offering start?
The Ramifi injection offering begins December 7th, the Monday after the Pre-Launch Bounty Program has been completed and distributed.