| General information | |
|---|---|
| Global rank: | 4583 |
| Name: |
Ramifi Protocol |
| Symbol: | RAM |
| Current coin price (XOF): | 11.66 XOF |
| Last hour: | arrow_upward0.060 % |
| Last 24 hours: | arrow_downward-11.52 % |
| Last 7 days: | -12.91 %trending_down |
| Capitalisation (XOF): | 0.000000 XOF |
| Volume 24h (XOF): | 8 424 487.60 XOF |
| Available supply: | 0.000000 RAM |
| Total coin supply: | -1 RAM |
| Start date: | 0000-00-00 |
Ramifi Protocol/CFA Franc BCEAO (RAM/XOF) price chart
Ramifi Protocol/CFA Franc BCEAO (RAM/XOF) capitalisation and volume charts
The Ramifi Protocol aims to solve the problem of USD inflation by creating a floating peg that adjusts along side commodity prices across the globe. As the prices of the most basic things we buy go up, so does the RAM token. The goal being the removal of the need for the USD.
The Ramifi Protocol recalculates its total supply daily in order to maintain its' commodity based peg. Leveraging the fact that supply and demand dictate the price of the asset, RAM is able to maintain a peg while simulataneously creating a robust market. This makes the Ramifi ecosystem infinitely scalable without the need for USD backing.
Ramifi's governance is decided by token holders.