Why the Ramses Flywheel Should Be Getting Exponentially More Torque
The Solidly Fork (ve 3,3) models have been getting punished after experiencing a nice run. Here's why RAM can and probably will buck this trend soon.
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Almost any electric car can out-accelerate an ICE (internal combustion engine) vehicle. As an EV driver, I love this. The increased torque is handy when making left turns, merging on the highway, and passing the asshole braking while driving up the grade. But, of course, I'm no engineer, so I can't explain exactly why this works: it may be no gear shifts, more wheel power, better efficiency, or many other reasons.
I know that electric cars move faster. Similarly, decentralized exchanges with concentrated liquidity (CL) experience a massive increase in use and efficiency compared to the traditional v2 model. Simply put, concentrated liquidity allows the liquidity pool provider to put their liquidity to use more effectively. In return, the CL pool provider earns more rewards. And the platform earns more fees.
Unfortunately, implementing concentrated liquidity is more intensive than traditional pooling. On the liquidity provider side, it is also far more complicated than simply adding 50% of token A and 50% of token B. However, several big liquidity providers have created strategies to maximize their profits.
When Ramses Exchange launched concentrated liquidity last week, I didn't pay much attention to it. Today that changed. And seeing how impactful CL can be, I am increasing my confidence that Ramses is the best Solidly Fork in DeFi. If you aren't familiar with Ramses or the Solidly ve3,3 model, I will encourage you to read: $13 Million in Annualized Rewards on a Platform Valued at $2.2 Million- Part 1
In this piece, I will explain why Ramses ($RAM) is undervalued and why concentrated liquidity can move the floor on the RAM token much higher. I'll also share my strategy, which hasn't changed and works well even as the RAM price has struggled.
