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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 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.
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 consumer as their currency's purchasing power continues to erode.
An Alternative Investment
Ramifi will not track Bitcoin in the same way the rest of the market does due to its supply based token mechanics.The Money of Defi
Ramifi is the first protocol to abandon the notion of tracking the US dollar creating a crypto native unit of account.A Dollar Alternative
Due to its rebase window, merchants in the long term will be able to use Ramifi without worrying about the accounting issues present in volatile assets.Infinitely Scalable Stable Currency
Unlike other stable coins whose scaling is directly proportional to their reliance on dollars, Ramifi is infinitely scalable and dollar agnostic.Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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