RAMP Public Sale: 10th October 2020, 10pm Singapore Time (GMT +8)!

RAMP DEFI
6 min readSep 30, 2020

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Public Sale General Information

Date and Time

  • RAMP DEFI is excited to announce that the RAMP Public Sale shall be held on: 10th October 2020, 22:00 (10pm) Singapore time (GMT +8).
  • If you are in a different time zone and would like to participate in the RAMP public sale, please check your time zone against the Singapore time zone (GMT +8).

Public Sale Size and Per User Allocation

  • The Public Sale shall be for 10,000,000 RAMP tokens in total.
  • The price of each RAMP token is set at 0.008 USDT.
  • Each user who successfully KYC shall be entitled to purchase up to 500 USDT worth of RAMP (max of 62,500 RAMP per user) in blocks of 100 USDT.
  • This means that users can choose to purchase: (i) 100 USDT, (ii) 200 USDT, (iii) 300 USDT, (iv) 400 USDT or (v) 500 USDT worth of RAMP.
  • All users accepted into the Public Sale KYC will be eligible for their full selected allocation, (assuming KYC is successful), with exception of the last accepted user who may only receive partial allocation.
  • All payments shall be made in USDT (ERC20 or TRC20 both accepted. More information to be provided to users who successfully KYC).

*Post-Public Sale Update* For security and AML reasons, users are restricted from sending funds from other addresses except for the ERC20 address provided in their submitted Google Forms.

Public Sale Format — FCFS Whitelisting

The Public Sale shall be done via First Come First Served (FCFS) Whitelisting.

  • The whitelisting shall be done via a Google Form link to be provided in the RAMP DEFI Telegram Group (https://t.me/rampdefiofficial).
  • The Telegram Group will be muted 30 minutes prior to the release of the Google Form (9.30pm Singapore time).
  • The Google Form will be released at 10.00pm Singapore time.
  • The channel will only unmute after the Google Form is closed.

Due to regulatory restrictions, citizens and residents of the following countries will not be permitted to participate in this token sale.

  • United States of America
  • Mainland China
  • Any country sanctioned by the United Nations

For all other users, please closely observe and comply with regulations and laws in your jurisdictions. RAMP retains exclusive rights to remove any user(s) from the whitelist and Public Sale purchase if the user is found to be in breach of any country’s regulations or laws.

Expected Public Sale Process

Users can expect the following process to take place on the public sale day:

  1. RAMP DEFI Telegram Group Chat (https://t.me/rampdefiofficial) will be muted 30 minutes prior to the release of the Google Form (9.30pm Singapore time).
  2. The Google Form will be released at 10.00pm Singapore time.
  3. During the channel mute period, user should ONLY take announcements made in the muted RAMP DEFI Telegram Group Chat as official communications from the project team.
  4. At the Public Sale time, the Google Form link shall be released into the RAMP DEFI Telegram Group Chat ONLY. The link will NOT be published through Twitter, Medium, Discord or any other channels.
  5. Users may access the Google Form link to submit their registrations. There may be questions relating to the RAMP project in the registration form. You are advised to be familiar with the RAMP DEFI whitepaper.
  6. The Google Form registration is capped at a maximum of 3,000 responses. The form shall close automatically upon receiving the maximum number of responses.
  7. The channel will only unmute after the Google Form is closed.
  8. Users who (i) get all the questions in the form correct, (ii) are from whitelisted countries, and (iii) are within the allocation limits shall be given the purchase allocation in the RAMP Public Sale.
  9. Screening by the project team post-registration will take approximately 2 hours. The full list of registrants with redacted information, along with the winners, shall be published post-screening for transparency purposes.
  10. Following the publish of the winners list, the project team will contact the winners over email via: kyc@rampdefi.com
  11. Winners are given 24 hours starting from the time of receiving the KYC email to complete KYC and send funds to the Public Sale receiving wallet address, which shall be provided via email ONLY. Late senders shall be removed from the allocation.

Required Information for Registration

Some of the information required during Public Sale registration includes:

  • Email Address
  • ERC20 Wallet Address
  • Country of Citizenship

Required Information for KYC Whitelisting

KYC is required for the users purchasing RAMP tokens. The following documents are required to complete the KYC process:

  • Digital Scan of Passport or National ID
  • Clear photo of you holding the Passport / National ID

You understand that your private information is collected for the purpose of KYC for the Public Sale. Should you feel uncomfortable about sharing your personal details with the RAMP DEFI team, please do not participate in the Public Sale.

Public Sale Scenarios

Due to high gas fees on Ethereum, the following steps shall be taken to deal with the following scenarios:

  • Odd amounts funded by user (e.g. if a user funds 417 USDT, we will only accept 400 USDT as the purchase allocation and the remaining 17 USDT is considered an odd amount), the odd amount will not be returned and the user will only receive USDT400 worth of RAMP tokens. The odd amount of USDT shall be converted into ETH and funded into the RAMP-ETH liquidity pool on Uniswap in the initial liquidity provision by project team.
  • There will be no purchase refunds after funds are sent, and if a user send any excess funds above USDT500, it shall not be refunded and shall be converted into ETH for funding into the RAMP-ETH liquidity pool on Uniswap in the initial liquidity provision by project team.
  • if you did not secure a purchase slot for the Public Sale and still choose to send funds to the Public Sale receiving wallet, the project team will not return your funds. Any funds wrongly sent shall be converted into ETH and funded into the RAMP-ETH liquidity pool on Uniswap in the initial liquidity provision by project team.
  • If a user who secure a purchase slot in the Public Sale fails KYC or did not submit his/her information for KYC, we will consider this user as “void”. RAMP tokens tagged to “”void” users shall be funded into the RAMP-ETH liquidity pool on Uniswap in the initial liquidity provision by project team.
  • For any unexpected scenarios not covered above, the team retain the exclusive right to make final judgments on how to deal with and manage the public sale.

User Warnings

As the crypto space is populated with scams, the project team provides the following user warnings to our community:

  1. Any links found outside of the RAMP DEFI Telegram Group Chat (https://t.me/rampdefiofficial) should be considered false, and users should not visit any of these links.
  2. All public communications regarding the Public Sale shall be done via the muted Telegram Group Chat until KYC is completed. Please do not trust any other sources.
  3. The RAMP project team will NOT message you first over Telegram or via any other channels. If anyone messages you claiming to be the RAMP DEFI team, please disregard and stay cautious.
  4. All KYC requests and communications will be done over email via kyc@rampdefi.com.
  5. All wallet addresses, fund requests, and communications will be done over email via kyc@rampdefi.com.
  6. The team will not publicly disclose the Public Sale wallet address or disclose the Public Sale wallet address via Telegram direct messages. Any wallet address provided to you by anyone through any channel, except for communications from kyc@rampdefi.com, should be considered false.
  7. If you receive any emails from kyc@rampdefi.com, please verify the domain. Similar looking domains are NOT the same domain.

Join the RAMP DEFI Community

Backed by world-class investors, RAMP DEFI is a global decentralized finance solution that focuses on unlocking liquid capital from staked digital assets. Using the RAMP solution, users with staked assets can continue to receive staking rewards, retain capital appreciation potential on their staked portfolio, and unlock liquid capital to invest in new opportunities at the same time.

The addressable market for staked assets today is upwards of USD25bn, and as the industry-leading solution, RAMP DEFI has a vision of unlocking USD1bn or more in “Total Value Unlocked (TVU)” for users by the end 2021.

If you are interested to follow RAMP DEFI and get in touch with the project team members, you can participate and receive timely updates from the following official channels:

For partnerships, media, or other collaboration opportunities, please email: team@rampdefi.com.

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RAMP DEFI

An optimized lending platform that aims to give you the highest deposit yields and lowest borrowing fees on collateral assets within BSC and Polygon.