with such developers, I see that there is no hope of even getting my money back. and there is no need to think about increasing them at all.
Ramifi, ramming a big scam dick up your ass.
Topic: 📢📢 [ANN][RAM] Ramifi: An improved synthetic commodity 🔥🔥 (Read 348 times)
Ramifi, ramming a big scam dick up your ass.
i was watching the chart on dextools when it was 2.5$ and i didn't sell, i thougt it's alive again and it's going to go a little more up to sell at break-even
but no, this dind't happened, but i learned a BIG lesson.
but no, this dind't happened, but i learned a BIG lesson.
with such developers, I see that there is no hope of even getting my money back. and there is no need to think about increasing them at all.
I invested my money here and my losses are 95%. my fault is that I didn't know what rebase was before. for me it will be science. the team is incompetent, you are blocked in the telegram group for all questions regarding the sharp drop.
Well, if managed well with a nice UI, Ramifi can easily attract commodity traders and investors. But I didn't understand the idea of the injection offering? I think it seems new.
Think of the Injection Offering as a regular offering but with 2 key differences. All the funds aren't received at once, and users can benefit from the offering by adding liquidity using various stable coin pairs like USDC, ETH, and DAI. The injection offering would begin with a market making contract providing, for example, 20,000 RAM ($1 USD) and 36 ETH ($540). This would essentially create a 1:1 pair in the contract, valuing our token at $1 precisely through the Automated Martket Maker within Uniswap V2. Over time, through market demand, the contract will replenish itself accordingly every 24 hours, defending against malicious actors commonly seen in Initial DEX Offerings. When all of these functions are put together, the tokens are introduced to the market over a certain time interval, which would be more likely to distribute them to a larger amount of participators. This would hopefully deter large purchasing transactions or front running scripts that cause volatile spikes in prices.
Well, if managed well with a nice UI, Ramifi can easily attract commodity traders and investors. But I didn't understand the idea of the injection offering? I think it seems new.
Hi, the idea seems lucrative. Where is the team? We are not in 2017 where projects used gain attraction without team details. I think team members are key players from an investment perspective.
Both of our team members Kyle Forkey and Kyle Kahlenberg are a US based team who have collaborated on various Fin-Tech projects throughout the years. They have both jointly developed helius.us, an innovative real estate investment platform that allows just about anyone to invest in US based real estate with crypto. Our team member Kyle Forkey is the founding partner and COO of Amentum Investment Management, a fund with over 10m USD under management. Team member Kyle Kahlenberg has extensive experience in blockchain investments, real estate, and managing his own angel investment fund who is also a large part of the helius.us investment platform. Both of us strongly believe the Ramifi Protocol solves an issue that has yet to have been addressed in the crypto currency space.
Hi, the idea seems lucrative. Where is the team? We are not in 2017 where projects used gain attraction without team details. I think team members are key players from an investment perspective.
I'm particularly interested in the long term (1 year) performance of the token and how it will react to the changing monetary supply of the dollar for 2021. The dollar has especially not been treated well over the course of the coronavirus. Interesting. 
I'm looking forward to further involvement within this protocol!
I'm looking forward to further involvement within this protocol!
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| Synthetic commodities are a recent type of digital asset with many unique applications. They have proven to be robust and uncorrelated with existing financial instruments. As such, there are many latent potential uses for synthetic commodities in terms of value attribution. 0000000000000000000000000000000000000000000000000000000000000000000000000000000 Ramifi takes a unique approach to synthetic commodity value attribution by utilizing a dynamically weighted basket of commodities to discern the dollar's purchasing power. This approach accurately accounts for inflation in real-time and allows users to better understand their underlying assets' real purchasing power. Ramifi is a project whose aim is to take on the role of money in the new decentralized economy. There have been many clever attempts, with each growing progressively more sophisticated than the last from USDT to DAI to Ampleforth. USDT gave us an easy off ramp to escape the volatility inherent to the crypto markets. DAI did the same without the need to trust a 3rd party that had the reserves to make good on its debts. AMPL took it a step further without the need for over collateralization of assets for it to be produced. |
.Why Ramifi?.
| Dynamic peg RAM token is pegged to the average price movements of over a 150 different commodities. A simplified way to portray this is by using a commodity like gasoline as an example. 000000000000000000000000000000000000000000000 Regardless of what the USD does, 1 RAM still has the purchasing power necessary to buy that gallon of gas. |  |
0000 | Dynamic supply 00000000000000000000000000000000000000000000000000 In order to ensure the RAM token's value stays close to that peg, the supply is adjusted daily. You can look at the inflating balloons in this example as the supply decreasing, and the growing anvil as the supply increasing. These mechanisms ensure that 1 RAM is always equal to 1 gallon of gasoline. |
| ───────────────────────────────────────────────────────────────────── Stablecoins are all aiming to become a decentralized store of value, yet they all fall short with being pegged to the US Dollar, whose value is continuously decreasing. The USD is a global medium of exchange recognized across the globe and is a denomination that people understand, an understandable choice for stablecoins. 00000000000000000000000000000000000000000000000000000000000000000000000000000 Stablecoins are all aiming to become a decentralized store of value, yet they all fall short with being pegged to the US Dollar, whose value is continuously decreasing. The USD is a global medium of exchange recognized across the globe and is a denomination that people understand, an understandable choice for stablecoins.     The Ramifi protocol's unique approach to the dollar's declining real purchasing power is critically important due to increasing inflation. Currently, consumer inflation is calculated using a metric known as the Consumer Price Index. Over time, this index's approach to calculating consumer inflation has changed drastically, having consistently been adjusted to demonstrate low inflation rates. The results of these miscalculations have been starting – rather than the nominal consumer inflation rate of roughly 1.4%, the actual rate of consumer inflation is likely somewhere around 10%. This large discrepancy helps to explain the increasing dissatisfaction of the average cons- umer as their currency's purchasing power continues to erode. |
(Relative loss of dollar purchasing power over time due to inflation)
| 000000000000000000000000000000000000000000000000000000000000000000000000000000 Ramifi addresses the clear demand for a durable synthetic commodity that accurately tracks the world's largest fiat currency's real purchasing power. As digitization continues to occur rapidly, we believe that users will become increasingly aware of the rapidly declining purchasing power of their assets. For these reasons, the supply of Ram tokens will be continually adjusted at set intervals to reflect both fluctuating user demand as well as real-time changes to the purchasing power of the US dollar relative to a basket of dynamically weighted commodities. How do we calculate the purchasing power of the dollar? The Ramifi Market Oracle tracks over 150 of the global market's most liquid commodities using the protocols Denominated Mean to assure that it represents the most accurate picture of inflation and weighted US dollar purchasing power. |
(As the primary fuel source for our modern world, oil is the most liquid commodity traded today.
Open interest oil contracts measure in the tens of billions of dollars at any given time.)
| 0000000000000000000000000000000000000000000000000000000000000000000000000000000 000 Futures contracts are incredibly liquid thanks to a robust secondary market in which speculators actively trade contracts before their expiration dates. This liquidity reinforces the underlying commodity price and facilitates an efficient method of price discovery for an otherwise cumber- some physical asset class. It is important to note that unlike options, futures come with the obligation that the contract holder take delivery of the underlying commodity at the contract's expiry date. For this reason, the time value of commodity futures contracts is a highly salient feature of the contract. As such, commodity futures contracts that are closer to their expiration date generally trade with less volatility than contracts that expire closer to the given date. (Ramifi Protocol plans to use Chainlink's secure DeFi price feeds, using the on-chain reference data available.) Moreover, an amalgamation of hundreds of different commodities with a precise and securely fed price feed allows the protocol to extract a denomination of the dollars current buying power in global trade markets worldwide. A good example of why it is necessary to use a multitude of commodities is due to their inherent volatile nature. A divergence of price or volume over time will still be accounted for within the protocols Denominated Mean. Below the chart demonstrates the volatile nature and price divergence of just 5 commodities:  (Source: Standard and Poor’s Goldman Sachs Commodity Index (GSCI) — EIA.gov) .The Injection Offering (IO). 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 our Market Maker introducing a 50/50 split of Ethereum and RAM token of equal value into a Uniswap V2 contract. This allows 1 RAM Token to be priced at 1 dollar, our initial offering price. As tokens are purchased with ETH, the amounts in the Market Maker contract will be readjusted on a 24 hour basis. This means that when the contractreaches its first 24 hour cycle, more RAM Token is ‘injected’ or sent into the contract to rebalance the value for each token. Overtime, these cycles will eventually allow a natural distribution to desiring holders until all tokens have been sold. ───────────────────────────────────────────────────────────────────── We believe Ramifi will play a central role in discerning the dollar's real purchasing power and improving the overall cryptocurrency space as a whole. Ramifi's aim is to provide an ambiguous solution, in a game changing manner. We thank you for your time and attention and look forward to the impending future of monetary systems as a whole. |
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