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!
Last updated