Ramifi is designed to serve as “money” within a new decentralized economy. Many earlier projects tried to fill that role, each becoming more advanced over time-from USDT to DAI to Ampleforth. With USDT, users had an easier way to exit crypto volatility. DAI achieved a similar goal while removing the need to trust a third party’s reserves to cover its debts. AMPL went further by producing without relying on over-collateralization of assets.

The Ramifi protocol’s distinct method for handling the dollar’s falling real purchasing power is essential as inflation rises. At the moment, consumer inflation is measured using the Consumer Price Index. Over time, the way this index estimates consumer inflation has shifted substantially, with ongoing revisions that consistently point to lower inflation readings. These errors appear to be contributing to a widening gap-rather than the approximate 1.4% nominal consumer inflation rate, the real rate of consumer inflation is thought to be closer to 10%. That mismatch helps explain growing frustration among everyday consumers as their currency’s purchasing power steadily declines.

Use Cases

An Alternative Investment

Ramifi will not behave like Bitcoin in the same way much of the market does, because of its supply-based token mechanics.

The Money of Defi

Ramifi is the first protocol to move away from the idea of tracking the US dollar, instead creating a crypto-native unit of account.

A Dollar Alternative

Thanks to its rebase window, merchants over the long term can use Ramifi without the accounting complications that come with volatile assets.

Infinitely Scalable Stable Currency

Rather than scaling in step with how dependent it is on dollars, Ramifi is infinitely scalable and dollar agnostic.

Why Ramifi

Software Architecture

The Ramifi protocol runs on the Ethereum blockchain and includes multiple touchpoints both inside and outside the network. Outside Ethereum, there are two main categories of participants. The first is data providers: these third-party sources supply real-time market data that is parsed by the Ramifi market oracle and then combined into an inflation-adjusted rate. The second category consists of rational actors who operate as secondary market participants. Their buying and selling of Ram tokens helps keep the inflation-adjusted dollar peg in place.

Supply Policy

The contract behind the Supply Policy calls the ​ rebase() ​ external function, but it is not the same as the similarly named Ramifi ERC-20 ​ rebase() ​ function. Instead, it is a function that anyone can trigger and that runs roughly every 24 hours. Because it is openly callable, rational market participants can respond to supply changes without depending on the core Ramifi team.

Market Oracle Contract

The Ramifi market oracle pulls information from a broad set of external sources and connects with the Supply Policy contract. During each 24-hour calculation window, the supply updates dynamically based on the inflation-adjusted dollar value. At launch, only whitelisted sources can feed data into the market oracle. The inputs used for period adjustments are weighted to account for high sigma events that could otherwise distort the dollar’s inflation-adjusted value, helping maintain the accuracy of the Ramifi protocol’s calculations.