I've already written quite a lot on RAMP's fundamentals. You can search for those here or on my profile but now I want to switch focus to RAMP's potential parabolic path with the launch of rMINT imminent.
rMINT
This will be the singular moment that really defines the main feature product of RAMP DeFi and what we've all been waiting for. The co-founder recently announced in an AMA on telegram that they are finishing up their beta testing with their VC backers (ParaFi Capital) before proceeding with the public rollout of rMINT next week. I currently am putting that launch date as April 21st - but of course that could be off by a day or two.
At any rate, the chart here shows a very potential path that RAMP could take after major milestones are reached - especially if there are more integrations with other major chains like DOT / UNI / LINK / ADA, etc and if a full launch on Coinbase's trading platform especially after the COIN IPO today - RAMP could go stratospheric and this could be a potential 50x return if everything aligns correctly.
Of course I want to remain level headed so I am maintaining my $5 PT on RAMP by month-end if everything launches on schedule and there are no delays. This parabolic path is based on several other cryptos that I've modeled the curve after.
rMINT
This will be the singular moment that really defines the main feature product of RAMP DeFi and what we've all been waiting for. The co-founder recently announced in an AMA on telegram that they are finishing up their beta testing with their VC backers (ParaFi Capital) before proceeding with the public rollout of rMINT next week. I currently am putting that launch date as April 21st - but of course that could be off by a day or two.
At any rate, the chart here shows a very potential path that RAMP could take after major milestones are reached - especially if there are more integrations with other major chains like DOT / UNI / LINK / ADA, etc and if a full launch on Coinbase's trading platform especially after the COIN IPO today - RAMP could go stratospheric and this could be a potential 50x return if everything aligns correctly.
Of course I want to remain level headed so I am maintaining my $5 PT on RAMP by month-end if everything launches on schedule and there are no delays. This parabolic path is based on several other cryptos that I've modeled the curve after.
-RAMP-BUSD vault is live on Pancakeswap starting today.
-rMint will be launched next week on tuesday starting on BSC first(optimistically Monday)!
-rMint audit reports by Beosin is received and overall result is PASS.
-institutional investors testing rMint and so far no issues in operating the software.
-Explainer video came out below expectations so we probably will redo and post it.
-There will be another burn coming soon, once rMint is live and more fees are collected we will keep buybacks and burns.
-Regarding circulating supply questions please see the message: t.me/rampdefiofficial/183152
-Article regarding team tokens will be released over the next 3 days along with a public wallet address.
-For marketing plans - some should be starting later part of this week or early next. We are also working on TikTok as well but this is a little new and taking some time to touch base with the right guys.
-We will be raising max rUSD cap it after stabilizing the rUSD liquidity pools vs other stablecoins, so hopefully we see more rUSD LPs join the pool. Will be pinging Pancake to launch a farm on this tmr :slight_smile:
-We aim to keep rmint free of interest for as long as possible for RAMP users to have the least friction. Will raise on the other assets first, before raising on the RAMP asset, unless the utilization gets extremely heavy for RAMP.
-We'll spend the next 30-60 days adding more yield assets and growing TVL etc. Governance probably late Q2 / early Q3. Will do a paper update in early May to provide a refreshed roadmap and targeted milestones.
-There'll be an article out for this week regarding Conflux-Okexchain partnership.
-Chnlk partnership will be announced soon, waiting for some stuff to come through the partner’s side;)
-Thanks for your support RAMPers!