R A M S E S
Introducing: R A M S E S
Ramses is a new decentralized automated market maker (AMM) launching on Arbitrum. The protocol operates through the RAM token and veNFTs. Ramses incentivizes liquidity by providing token lockers with the capability to direct protocol emissions towards token pairs of their choice. In return, lockers receive an anti-dilutive rebase, a portion of the swap fees generated by their selected pairs, and any bribes directed towards these pairs.
veRAM token holders are motivated to vote for pools with the highest trading volumes because these high volume pools also generate the most fees. In addition, voters are motivated to vote for pools with bribes from protocols looking to bootstrap liquidity.
LPs are incentivized with emissions that translate to real yield.
Traders benefit from low slippage because of the liquidity provided, in accordance with proven vAMM / sAMM tech.
Protocols can utilize a liquidity layer that is designed to promote collaboration. As a result, they can benefit from capital-efficient trading conditions for their tokens. Protocols also can incentivize liquidity by offering bribes to veRAM holders during periods of low trading activity.
Long Term Approach
By design, bringing Ramses to Arbitrum provides a way to both balance and enable ecosystem participants. This liquidity layer, inspired by Solidly, incentivizes users who maintain a long-term view of defi as a whole. The goal is for Ramses to become the liquidity lifeblood for Arbitrum by providing a capital efficient option for new and existing protocols to bootstrap liquidity. This protocol is designed as a public good that will elevate and accelerate healthy growth within the ecosystem.
What’s Next?
In our next post, we’ll dive into the details surrounding the launch and go deeper into the functionality and design of the protocol. We’ll also provide visibility into the decentralized focus and approach and how that will benefit all participants including partners.
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