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Ramifi Protocol v1

RAMV1
$0.00

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Ramifi Protocol v1 Key Metrics

Total supply
7.21M RAMV1

Information

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Ramifi Protocol v1 Overview

Circulating Supply
7.21M RAMV1

Ramifi Protocol v1 News

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About Ramifi Protocol v1

Ramifi Token (RAM) is a synthetic digital asset designed to track inflation-adjusted value through an elastic supply mechanism. It adjusts supply based on a volume-weighted basket of over 150 globally traded commodities, aiming to maintain stable real-world purchasing power. RAM was initially launched as an ERC-20 token on Ethereum but migrated to Binance Smart Chain in July 2021 to reduce transaction costs and improve speed. The migration involved an airdrop and deprecation of the original token. RAM supports decentralised governance and can be used in DeFi applications such as trading and staking. The protocol was created by Kyle Forkey and Kyle Kahlenberg, and launched in March 2021 to offer a decentralised asset resilient to fiat currency inflation.

Ramifi Token is intended to function as an inflation-tracking store of value within decentralised finance ecosystems. Its core applications include:

  • Purchasing power preservation: By linking its supply to an inflation-adjusted benchmark, RAM aims to maintain stable real value over time.
  • Governance: RAM holders may participate in a decentralised governance process, allowing them to vote on protocol-level decisions.
  • DeFi use: The token can be used in decentralised finance applications, such as trading, staking, or liquidity provision, subject to platform integration.

The supply elasticity model is central to its use case, enabling RAM to operate as a synthetic commodity intended to reflect real-world economic conditions, particularly inflation dynamics.

Ramifi Token was initially launched as an ERC-20 token on the Ethereum blockchain. On 12 July 2021, the Ramifi Protocol announced the migration of RAM to the Binance Smart Chain (BSC). This transition was carried out via PancakeSwap, a decentralised exchange native to BSC.

The migration involved an airdrop, where new BEP-20 RAM tokens were distributed to holders of the original Ethereum-based token. After this process, the ERC-20 version became obsolete, and users were required to update their token holdings to interact with the BSC version.

The migration was positioned as a response to Ethereum's high transaction fees and network congestion at the time. The move followed a broader trend in 2021, where multiple projects sought to take advantage of BSC’s lower fees and faster block times. The core inflation-indexed supply mechanism remained a central feature post-migration.

Ramifi Token was created by Kyle Forkey and Kyle Kahlenberg and launched on 30 March 2021.

  • Kyle Forkey served as lead smart contract developer. He is a founding member of Ethmint, a blockchain consulting firm, and has prior experience with regulatory-compliant token offerings in the United States. He is also a General Partner at Amentum Capital, an investment firm focused on blockchain-based assets.

  • Kyle Kahlenberg managed community engagement and investor relations. He is also the co-founder of Helius Financial, a platform that enables real estate investments using blockchain-based fractional ownership.

The project was developed to address concerns about monetary inflation and to provide an alternative model for tracking the real purchasing power of fiat currencies through a decentralised synthetic asset.

Ramifi Protocol v1 Markets

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Ramifi Protocol v1 Platforms

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