Ramifi Protocol
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Ramifi Protocol

https://ramifi.org/
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Tags:CryptoEconomyExchangeFinTechGoodsITProductSpaceSupply
Ramifi is a project whose aim is to take on the role of money in the new decentralized economy being built. 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 that a 3rd party had the bankroll 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. The solution then is not to try to create a new medium of exchange, but rather to continue using it while implementing a built in hedge that ignores any further increases in USDs supply, and the resultant weakened purchasing power it has. This can be done by simply taking a "snapshot" of what the products and goods we use today cost, and then adjusting our stable coins relative USD value via supply constriction to ensure it continues to have that purchasing power. Put simply, equal and opposite deflation to counter act USD inflation. Ramifi is a protocol that aims to change what stable coins are pegged to, increasing utility within the space.
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