/biz/ - Business & Finance

>>24785545
Yes but with these protocols that fall in line with “elastic finance” it’s all done in a self executing manner. If you’ve seen AMPL, it does things similarity except Ramifi is pegged to the purchasing power of the dollar.

As time goes on Ramifi basically indexes the dollars value against these commodities. So you have an organic market for the token itself AND the rebases every 24 hours to maintain the price. These two factors are slowly guided by the invisible hand of its “denominated mean” or basket of commodities that the algo is pegged to.

When the dollar hyper inflates and purchasing value is lost across all markets the token aims for a higher price every day.

Additionally, you aren’t buying a “stable coin”. You are buying a tokens market cap. So let’s say RAM has a market cap of $2m USD and you purchase 10,000 $RAM at the time of its “USD purchasing power snapshot” and launch. You basically own 0.5% of the market cap and if you hold through a run and positive rebases and the token ends up at 50,000,000 market cap you still own 0.5% of that 50m assuming you didn’t sell

either you get in on Ramifi Protocols whitelist, their open sale, or you miss out on market cap discovery forever and regret it for the rest of your life.
>many such cases!

Not ramifi protocol.