Launch Details: The Birth of a Noble House

The launch of the Ramses Vassal DAO is a momentous occasion in the Monarch Finance ecosystem. Our grand entrance into the DeFi realm is carefully orchestrated to ensure fairness, participation, and long-term sustainability.

The Grand Ceremony: A Three-Act Play

Act I: The Great Rush: A Call to Arms (4 weeks)

In this opening act, we welcome the early adopters and visionaries:

  • Users can convert veRAM/RAM to staked mnRAM at a 1:1 ratio

  • Generous token rush emissions of vlRAV:

    • 1.5% to mnRAM stakers

    • 0.5% to LP Depositors

  • A total of 2% of RAV supply is allocated to this phase, there will be more token rush ceremonies in the future.

  • From the second week, we begin our participation in Ramses governance

  • All voting rewards are converted to staked mnRAM and distributed to our loyal stakers

Act II: RAV Liquidity Generation Event (Week 4 of the Rush)

The climax of our launch, where RAV tokens are first made available to the public:

  • We employ a Fair Launch Model with Price Discovery:

    • Initial Fully Diluted Valuation (FDV): $3m for 20% of RAV supply

    • Minimum token price: $0.03

  • Day 1 Priority Access granted to:

    • mnRAM stakers

    • LP Depositors

    • Whitelist users

    • Our target raise is $600k, but this may increase based on demand and price discovery

Act III: Leveraged LP Product Launch (After first 6 weeks, TBD)

The final act introduces our advanced yield farming strategies:

  • Priority access granted to Ramses LP depositors

  • A 4-week lender rush, allocating 0.5% of RAV supply to early lenders

  • Introduction of our leveraged farming products, allowing users to amplify their yields

The Road Ahead

Our launch is but the beginning of our journey. As we establish our presence, we look forward to:

  • The MNRC LGE, planned for after the first 8 weeks (details to be announced)

  • Continuous refinement of our yield optimization strategies

  • Expansion of our leveraged farming options

  • Deeper integration with the broader Monarch ecosystem

A Call to Arms

We invite all denizens of DeFi to join us in this historic launch. Whether you're a seasoned yield farmer, a governance enthusiast, or new to the realm of decentralized finance, there's a place for you in the Ramses Vassal DAO.

Prepare yourselves, noble subjects. The dawn of a new era in DeFi is upon us, and the Ramses Vassal DAO stands ready to lead the charge!

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