{"id":7910,"date":"2021-04-07T19:42:22","date_gmt":"2021-04-07T16:42:22","guid":{"rendered":"https:\/\/esatoshi.club\/?p=7910"},"modified":"2021-04-07T19:42:25","modified_gmt":"2021-04-07T16:42:25","slug":"ramifi-protocol-x-satoshi-club-ama-recap-from-6th-of-april","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/04\/07\/ramifi-protocol-x-satoshi-club-ama-recap-from-6th-of-april\/","title":{"rendered":"Ramifi Protocol x Satoshi Club AMA Recap from 6th of April"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Ramifi Protocol and our guests were @kyleforkey\u00a0 and @RamProtocol.\u00a0 The AMA took place on 6 April.<\/p>\n\n\n\n<p>The AMA session was divided into 3\nparts with a total crypto reward pool of 500$ <\/p>\n\n\n\n<p>In this AMA Recap we will try to\nsummarise the most interesting points for you.<\/p>\n\n\n\n<h2><strong>Part\n1 \u2014 introduction and questions from the Telegram community<\/strong><strong><\/strong><\/h2>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Hello\nSatoshi Club! We are happy to announce our AMA session with <a>Ramifi<\/a>! Welcome to Satoshi Club&#x1f600;<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Welcome\nour guests of Satoshi Club: <a>@kyleforkey&nbsp; and @RamProtocol<\/a>&#x1f44b;<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> Hey\neveryone great to be here.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Welcome\nhere&#x1f44d; how&#8217;s going?<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> All\ngoing well. Working on Ramifi, learning something new everyday<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> We\nare very happy to have you here today! let&#8217;s start with a small intro about\nyourself and how you got into crypto and Ramifi<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> That&#8217;s\ngreat! And we also want to know more about Ramifi!<\/p>\n\n\n\n<p><strong>Kyle\nForkey:<\/strong> Hello\neveryone! Hope your having productive tuesdays. My names Kyle and I\u2019ve been in\nthe space around 4 years. I began with a strong interest in the melding of\nsecurities and crypto but have since started thinking much more in terms of\ncompletely native protocols and applications that leave the old behind.<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> I\nstarted in crypto in 2016 learning about bitcoin faucets and many other small\nthings that caught my attention. However, as the space progressed, I learned to\ngrow a passion for DeFi through ethereum and building products on such an\ninnovative network. Kyle and I then decided to focus our attention to the\nincreasing inflation or \u201cTrue Inflation\u201d that currencies like the dollar\nexperience, especially after the recent stimulus packages that have increased\nthe circulating supply by over 40%. Ramifi plans to do measure inflation\nthrough the rise in prices of commodities instead of pegging to the dollar.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Nice,\ni think our space is still needs improvements!<\/p>\n\n\n\n<p>I\nstarted with faucets in 2015 as well &#x1f602;<\/p>\n\n\n\n<p>I\nsee that you prepared a great future for Ramifi! When did you start to develop\nyour project?<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Nice\nbackground guys and a great unifying idea! &#x1f44d;<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> We\nstarted back in 2020 around october<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> And\nalready did a lot! What a speed!<\/p>\n\n\n\n<p>Thank\nyou, guys for your intro! Are you ready to dive deeper into the details with\nthe questions from our community?&#x1f600;<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> It\nwas created shortly after the stimulus packages caused by the coronavirus\nlockdowns in the US<\/p>\n\n\n\n<p>Sure!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> \u0422hanks\na lot for the intro!<\/p>\n\n\n\n<p><strong><em>Q1\nfrom Telegram user @Arisabela<\/em><\/strong><\/p>\n\n\n\n<p><strong>&nbsp;Ramifi aims to remove the need of USD as the\nmain coin reference to most of the stable coins, so how is this procedure sort\nof? How does it connect with the real world and the dynamic market?<\/strong><\/p>\n\n\n\n<p><strong>Kyle\nForkey:<\/strong> Well\nthe infrastructure isn\u2019t in place currently for decentralized oracles for the\namount of commodity data we require, however chain link is working on a second\nlayer solution that will dram\u00e1tica reduce the cost involved in setting up\noracles for this data. Our aim is to have at least 15 such nodes in place this\nyear.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> But\nhow you will remove the need of USD? What do you offer as replacement?<\/p>\n\n\n\n<p><strong>Kyle\nForkey:<\/strong> That\u2019s\nRAMs purpose, money is nothing more than a social contract given value by\nindividual belief in its worth, USD is not backed by anything it\u2019s just\nubiquitous. RAMs value is secured quite simply by math, making social\nacceptance possible without a need for 3rd party involvement.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> It\nmakes sense! So, instead of national cryptocurrencies we will have RAM? Is this\nyour main goal?<\/p>\n\n\n\n<p><strong>Kyle\nForkey:<\/strong> It\u2019s\nextremely lofty but I know for certain fiat currencies days are numbered. I\u2019m\nhoping at the very least this protocol is a contender.<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> Ramifi\nserves to be an inflationary unit of account currently in the DeFi space.\nLendable, trade able in a decentralized manner<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> You\nare the rebels blowing up the system &#x1f601;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Yes,\nfiat&#8217;s position is faltering&#x1f603; i believe that you will be one of\nthose who will continue fiats job in the future.<\/p>\n\n\n\n<p>Thank\nyou for your answers! Ready to proceed?<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> Sure!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> thank\nyou very much for your answers&#x1f680;<\/p>\n\n\n\n<p><strong><em>Q2\nfrom Telegram user @Dudeiebitch<\/em><\/strong><\/p>\n\n\n\n<p><strong>&nbsp;Ramifi is said to introduce the $RAM token\nwhich will help solve inflation by pegging the values of $RAM token to a\ndynamic basket of commodities, what are these basket of commodities and how\nmany of those commodities are available. I will like to know how a user can\nbenefit from all these also.<\/strong><\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> Ramifi\nwill be using commodities by their volume on the global market. These\ncommodities will be the most traded, and useful for the average persons life.\nThings like gold, steel, rubber, wheat, and even cattle. However, we are\nplanning to scale these feeds as the protocol grows.<\/p>\n\n\n\n<p>We\nbelieve commodities markets and their price rise offer a signal as to the value\ncurrencies are devaluating<\/p>\n\n\n\n<p>&nbsp;Our target basket will contain 100 commodities<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Do\nyou have full list somewhere?<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> You\ncan find the first commodities we will be using on our websites \u201cLearn\u201d tab<\/p>\n\n\n\n<p>Here\nare the most traded commodities:&nbsp; <\/p>\n\n\n\n<p>&nbsp;\u2022 Crude oil<\/p>\n\n\n\n<p>&nbsp;\u2022 Steel<\/p>\n\n\n\n<p>&nbsp;\u2022 Soybeans<\/p>\n\n\n\n<p>&nbsp;\u2022 Iron<\/p>\n\n\n\n<p>&nbsp;\u2022 Corn<\/p>\n\n\n\n<p>&nbsp;\u2022 Gold<\/p>\n\n\n\n<p>&nbsp;\u2022 Copper<\/p>\n\n\n\n<p>&nbsp;\u2022 Aluminum<\/p>\n\n\n\n<p>&nbsp;\u2022 Silver<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Thank\nyou! Btw, what will happen if price of commodity will fall fast as it was with\noil not long ago?<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> This\nis why we use a weighted average, and ignore price fluctuations in one week\ngreater then our 5% threshold to avoid hyper volatile events like that<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Gotcha\n&#x1f44d;\nthanks!<\/p>\n\n\n\n<p>Ready\nto jump to the next question or you want to add something?<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> Similarity,\nit will be using the weeks average for the commodity in question<\/p>\n\n\n\n<p>Sure\nwe can<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> &#x1f44d;<\/p>\n\n\n\n<p><strong><em>Q3\nfrom Telegram user @KeymerS <\/em><\/strong><\/p>\n\n\n\n<p><strong>&nbsp;To achieve a greater volume of your stablecoin\nand then achieve adoption, you need to list them in the most recognized\nexchanges, I understand that on 04\/03 it will be your private sale, where will\nit take place? And after it, where can we buy them?<\/strong><\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> We\nare now listed on Uniswap but are in talks with Gate io MXC, and Hotbit. We\nwill most likely be listed on Gate this week or next week as listings take time\nfor startups like us<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Will\nyou have private sale as mentioned in the question?&#x1f603;<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> Our\nprivate sale is over!<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Got\nit!<\/p>\n\n\n\n<p>So,\njust exchanges &#x1f600;<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> Yes\ncorrect<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Btw,\nare you already listed on Coingecko? Or Coinmarketcap?<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> Yes\nwe are, would you like some links?<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Sure<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> For\nfurther announcements please go to: @ramifiannouncements<\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Ramifi is now listed on <a href=\"https:\/\/twitter.com\/CoinMarketCap?ref_src=twsrc%5Etfw\">@CoinMarketCap<\/a> and <a href=\"https:\/\/twitter.com\/coingecko?ref_src=twsrc%5Etfw\">@coingecko<\/a>! \ud83d\udcdd<br><br>We thank the community for their feedback and support \ud83d\udc4d<br><br>CMC: <a href=\"https:\/\/t.co\/3rkdvg5IQK\">https:\/\/t.co\/3rkdvg5IQK<\/a><br><br>CG: <a href=\"https:\/\/t.co\/FOaixIu4k4\">https:\/\/t.co\/FOaixIu4k4<\/a><\/p>&mdash; Ramifi Protocol (@RamifiProtocol) <a href=\"https:\/\/twitter.com\/RamifiProtocol\/status\/1377443869269319685?ref_src=twsrc%5Etfw\">April 1, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Thanks\nfor sharing&#x1f44d;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong>Thank\nyou for info!<\/p>\n\n\n\n<p>Ready\nto go to the next question?<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> Sure\n!<\/p>\n\n\n\n<p><strong><em>Q4\nfrom Telegram user @Xusuo <\/em><\/strong><\/p>\n\n\n\n<p><strong>I\nread your site about CPI ( Consumer Price Index ) for tracking inflation, what\nis the negative effect of using this methode? What solution can give by CPI\nbeside tracking inflation?<\/strong><\/p>\n\n\n\n<p><strong>Kyle\nForkey:<\/strong> The\nmain issue with the cpi is its ability to hide devaluations within efficiency\ngains. As products become cheaper to produce their price remains the same\nbecause USD is devaluing right along side it. There are obviously other things\nat play but thats a fairly major component.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Sounds\ngood!<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> How\ndo you devalue this negative effect?<\/p>\n\n\n\n<p><strong>Kyle\nForkey:<\/strong> The\nmore complex a product is, the more gains there are to be made in efficently\nproducing it. Even commodities are subject to this to some effect, but by going\nto raw materials we are able to mitigate this as much as possible. Natural resources\nhave inherent worth and though there are improving methodologies of extracting\nthem they are as close to a baseline of value as we could think of.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club: <\/strong>That&#8217;s\ntrue &#x1f600;<\/p>\n\n\n\n<p>Thanks\nfor your answers! Ready to go to the next question?<\/p>\n\n\n\n<p><strong>Kyle\nForkey:<\/strong> of\ncourse!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> \u0422hank\nyou very much for your answer!&#x1f60a;<\/p>\n\n\n\n<p><strong><em>Q5\nfrom Telegram user @lukacy<\/em><\/strong><\/p>\n\n\n\n<p><strong>&nbsp;In your official telegram, you said as quoted:\n\u201cRamifi is not a stable coin, it is a stable contract. What do you mean? Can\nthe price be subjected to frequent change and sometime pump and dump action?\nCan the price become widely different in price when compared with usd anytime\nsoon?<\/strong><\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> If\nyou look at our roadmap, Ramifi is just getting started into the true\ninflationary currency we want it to be. In the first growth phase, volatility\nis to be expected as there are multiple people speculating on the protocol and\nits adoption. However, the protocol will still try to automatically balance the\nprice of the protocol no matter what is trying to be done. There will be a\ncertain point after the \u201cgrowth\u201d phase that will allow ramifi to be more stable\nthen previously.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Share\nyou roadmap with Satoshi Club, please &#x1f600;<\/p>\n\n\n\n<p><strong>Ramifi (Won\u2019t DM You):<\/strong> https:\/\/twitter.com\/ramifiprotocol\/status\/1378146129196552194?s=21<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> You\nwill use Chainlink oracles?<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong>&nbsp; you have big plans and goals!&nbsp; &#x1f680;<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> We\nare going to be using chainlinks open source oracles after our centralized\nfeeds<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Understand!\nThanks!<\/p>\n\n\n\n<p>And\njust one 6th and last question left for this part&#x1f600;<\/p>\n\n\n\n<p>Ready\nfor it?<\/p>\n\n\n\n<p><strong>Kyle\nForkey:<\/strong> born\nready<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Thank\nyou very much for your answers! &#x1f60a;&#x1f680;<\/p>\n\n\n\n<p><strong><em>Q6\nfrom Telegram user @Derazy<\/em><\/strong><\/p>\n\n\n\n<p><strong>&nbsp;In relation to community engagement, I found\nout that Ramifi will launch Educational Bounty Program. Can you please\nelaborate about this program and the impact for community development?<\/strong><\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> To\nparticipate in this, you must have some knowledge regarding Elastic Finance,\nand supply elasticity. More details are in the chat &#x1f44d; @ramifiprotocol<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> We\nwill be holding Ramifi Educational Bounty, and we are calling on everyone who\nhas experience with elastic supply\/rebase tokens to help newer users adapt and\nlearn to reduce the spreading of misinformation. &#x1f4da;<\/p>\n\n\n\n<p>If\nthis is you, please DM me! Remember, I will never ask you for crypto or your\nkeys. Users will be rewarded based on the accuracy of the information provided.\n&#x2705;<\/p>\n\n\n\n<p>Rewards\nto be determined by the community, in $RAM<\/p>\n\n\n\n<p>I<\/p>\n\n\n\n<p>s\nthis right?<\/p>\n\n\n\n<p>Ok,\nguys!<\/p>\n\n\n\n<p>Thank\nyou for your answers!<\/p>\n\n\n\n<p>Do\nyou want to add something or we can start with live part?&#x1f609;<\/p>\n\n\n\n<p><strong>Ramifi\n(Won\u2019t DM You):<\/strong> You\nguys can start!<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Let&#8217;s\ngo &#x1f680;<\/p>\n\n\n\n<h2><strong>Part 2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><a><strong><em>Q1 from Telegram user @K2ice<\/em><\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p><strong>How does Ramifi Protocol maintain its\ncommodity based peg?<\/strong><\/p>\n\n\n\n<p><strong>Ramifi (Won\u2019t DM You):<\/strong> Ramifi\nmaintains its commodity based peg through supply elasticity. This is a unique\nalgorithmic mechanism that adjusts the supply according to how far away the\ntokens price is from its peg. If it\u2019s below, supply decreases. If it is above,\nsupply increases. Many factors within the market and protocol itself allow the\nnetwork to achieve an innovative synthetic commodity that is tradeable&nbsp; in a decentralized manner while being an inflationary\nunit of account.<\/p>\n\n\n\n<p><strong><em>Q2 from Telegram user @ninoska0012<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>In today&#8217;s market there have been many\nclever attempts, each of which has become progressively more sophisticated than\nthe last from USDT to DAI to Ampleforth. USDT gave us an easy exit ramp to escape\nthe volatility inherent in the crypto markets. DAI did the same without the\nneed to trust that a third party had the reserves to pay his debts. AMPL went\none step further without the need for excessive asset collateral for its\nproduction. Does RamiFi make a combination of these 3 stablecoins, please\ndescribe what are the RamiFi projections and benefits?<\/strong><\/p>\n\n\n\n<p><strong>@kyleforkey<\/strong><\/p>\n\n\n\n<p><strong>Kyle Forkey: <\/strong>Ramifi\nis a fork of Ampleforth though we do plan to make further major adjustments to\nthe stability mechanism. An algorithmic stable coin is the only chance we have\nat creating a stable asset that moves us away from legacy instruments. By using\nUSD as reserve collateral or even as a baseline peg we are still handicapping ourselves\nwith reliance on these institutions.<\/p>\n\n\n\n<p><strong><em>Q3 from Telegram user @lexzy01<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Do RAMIFI have any plan for ambassador\nprogrammes&nbsp; ?<\/strong><\/p>\n\n\n\n<p><strong>Ramifi (Won\u2019t DM You)<\/strong>:\nOur current ambassador program is our Educational Bounty Program that will\nallow people to get paid in $RAM to spread the gospel and knowledge of elastic\nfinance. Please find it at @ramifiprotocol on our pinned message<\/p>\n\n\n\n<p><strong><em>Q4 from Telegram user @MCBTrade<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>What are the differences between the\nRamifi Project and other rebase projects such as Base Protocol and Ampleforth?\nWhat are the differences and innovative features of Ramifi compared to other\nprojects that provide flexible supply?<\/strong><\/p>\n\n\n\n<p><strong>Kyle Forkey:<\/strong> The\nbiggest difference and the most important in my opinion is the use of commodity\ndata as a peg, it may seem trivila now but we will begin seeing the effects of\nthe USD printing thats happened over the past year very soon. The second is\nthat we have no itention of remianing stagnant with regards to the adoption of\nnew stability mechanisms. There is tons of research being done across the globe\non algorithmic stable coins and we plan to use every bit of it.<\/p>\n\n\n\n<p><strong><em>Q5 from Telegram user @highpee<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>I have read that The value of $RAM will\nnot increase by protocol growth or increase. Since investors are more\ninterested and after the value and worth of their crypto assets, what then will\nmake $Ram increase in value? <\/strong><\/p>\n\n\n\n<p><strong>Kyle Forkey:<\/strong> This\nis a tough one to get across because investors are conditioned to look at\nprice, with the RAM protocol however the price of RAM is not meant to go up,\nbut the number of RAM will. If rams network increases 100x you are not left\nwith 1 ram token valued at a $100 dollars. Instead your 1 ram token is now 100\nRam tokens valued at $1<\/p>\n\n\n\n<p><strong><em>Q6 from Telegram user @Pirry05Universe<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>What strategies will Ramifi Protocol\nimplement to solve the problems with ma supply and demand in the exchanges?<\/strong><\/p>\n\n\n\n<p><strong>How does Ramifi Protocol solve constant\nand unavoidable inflation?&nbsp; What are\nthose strategies that you implement to execute this?<\/strong><\/p>\n\n\n\n<p><strong>What is the total distribution of $RAM\ntokens?&nbsp; And what benefits do the users\nthat provide liquidity to the Ramifi Protocol ecosystem get?<\/strong><\/p>\n\n\n\n<p><strong>Ramifi (Won\u2019t DM You)<\/strong>:\nOur protocol, after the growth phase of course, will essentially try to create\na stability that revolves around the peg. This peg is made up of a weighted\nbasket of commodities. These commodities can be found through the chat above\nbut check them out on our website at ramifi.org on the \u201cLearn\u201d tab.<\/p>\n\n\n\n<p><strong><em>Q7 from Telegram user @BlancaSdf<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>What are your plans and strategies for\nmarketing and expansion and use around the world? Do you have plans to open\ncommunities of different languages&nbsp;&nbsp; and\nso on?<\/strong><\/p>\n\n\n\n<p><strong>Ramifi (Won\u2019t DM You)<\/strong>:\nWe have great media partners that allow us to spread out messages on platforms\nthat are quite visible. We also usually hold some sort of bounty program every\ncouple of weeks and AMA to keep the community active and earning. We currently\nhave a Korean community and will be having a Chinese community soon on WeChat.<\/p>\n\n\n\n<p>Korean: https:\/\/t.me\/ramifiprotocol_kor<\/p>\n\n\n\n<p><strong><em>Q8 from Telegram user @vedamatrix<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>There is a project named Madahao released\na stable coin pegged to gold, stock and dollar. What&#8217;s the difference of Ramifi\nfrom it?<\/strong><\/p>\n\n\n\n<p><strong>Kyle Forkey:<\/strong> Stocks\nwould not be a great peg as their earnings increase right along side the amount\nof money in circulation. Just look at how incredible the market has done after\npumping 4 trillion in printed money into it.<\/p>\n\n\n\n<p><strong><em>Q9 from Telegram user @topind7<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Does Ramifi protocol have any partner and\nwhat benefits has it done to you?<\/strong><\/p>\n\n\n\n<p><strong>Ramifi (Won\u2019t DM You)<\/strong>:\nThe project will announce a series of partnerships this month that aid ramifi\u2019s\nutility within the space. Lending\/aggregators\/liquidity services are our go to.<\/p>\n\n\n\n<p><strong><em>Q10 from Telegram user @sumione<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Is there an option with $RAM token we can\nparticipate in DAO or what more we can do with it?<\/strong><\/p>\n\n\n\n<p><strong>Kyle Forkey:<\/strong> We\nhave a governance contracts in the works that will not only be able to decide\non protocol changes but will also be given access to the treasury for further\nimproving the protocol itself.<\/p>\n\n\n\n<h2><strong>Part 3 \u2013 Quiz Results<\/strong><\/h2>\n\n\n\n<p>As usual, for the third part, Satoshi\nClub Team asked the chat 4 questions about the crypto project. A link to a Quiz\nform was sent into the chat.<\/p>\n\n\n\n<p><strong>For\nmore information and future AMAs, join our Social Media channels:<\/strong><\/p>\n\n\n\n<p>English Telegram group: <a href=\"https:\/\/t.me\/Satoshi_club\/\">https:\/\/t.me\/Satoshi_club\/<\/a> <\/p>\n\n\n\n<p>Russian Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_ru\/\">https:\/\/t.me\/satoshi_club_ru\/<\/a> <\/p>\n\n\n\n<p>Spanish Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_spanish\/\">https:\/\/t.me\/satoshi_club_spanish\/<\/a> <\/p>\n\n\n\n<p>Telegram Channel: <a href=\"https:\/\/t.me\/satoshi_club_channel\/\">https:\/\/t.me\/satoshi_club_channel\/<\/a> <\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/realsatoshiclub\/\">https:\/\/twitter.com\/realsatoshiclub\/<\/a> <\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/esatoshi.club\/\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p><strong>Our\npartners:<\/strong><\/p>\n\n\n\n<p>Telegram: <a href=\"https:\/\/t.me\/ramifiprotocol\/\">https:\/\/t.me\/ramifiprotocol\/<\/a> <\/p>\n\n\n\n<p>Twitter: <a href=\"http:\/\/twitter.com\/ramifiprotocol\/\">http:\/\/twitter.com\/ramifiprotocol\/<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Ramifi Protocol and our guests were @kyleforkey\u00a0 and @RamProtocol.\u00a0 The AMA took place on 6 April. The AMA session was divided into 3 parts with a total crypto reward pool [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":7826,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/7910"}],"collection":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=7910"}],"version-history":[{"count":4,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/7910\/revisions"}],"predecessor-version":[{"id":7923,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/7910\/revisions\/7923"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/7826"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=7910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=7910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=7910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}