Some fourteen months ago, we made Berachain our home and established ourselves as a community-driven team building a native liquidity bootstrapping engine for innovative, next-generation protocols launching on Berachain.
Ramen will soon deploy a full-feature, fully audited token launchpad, serving as a springboard for protocols looking to deploy on Berachain, enabling them to bootstrap deep liquidity, distribute tokens to a vibrant and engaged community, and get them started in the Proof of Liquidity flywheel.
Following our deployment on Berachain, we will initiate a series of highly anticipated token launches with over 10 launch partners. We are incredibly thrilled to be the preferred token launchpad for Berachain-native protocols and high-potential ecosystem projects backed by strong community support.
Ramen is not just for Hungrybera NFT holders — We welcome all Berachain users, new and old. Whether you’re a long-time Berachain supporter or you’re new to Berachain, we invite you to join our community and participate in token launches on Ramen.
As Berachain’s mainnet launch inches ever closer to reality, we’re ready to kick things off. To ensure that you’re prepared for the best tasting experience, please review this article carefully and stay updated to all announcements on Ramen’s official channels in the coming weeks.
$RAMEN Distribution
The maximum token supply of $RAMEN is 100 million. There is no further $RAMEN emissions. As a community-funded protocol with no private token sales to external investors, token holders can rest assured that there are no major unlock events to worry about.
The initial token distribution is designed as follows:
- 21,000,000 $RAMEN: Unlocked and distributed to Hungrybera NFT holders and community users in gRAMEN tokens
- 8,000,000 $RAMEN: Unlocked as liquid $RAMEN for the token launch event and genesis liquidity pool seeding
- 6,350,000 $RAMEN: Unlocked as liquid $RAMEN for the Ramen protocol treasury
- 64,650,000 $RAMEN: Vested linearly over 12 to 18 months to the Community Incentives Treasury, Ecosystem Partnerships, and Core Contributors
The Snapshot 📸
When: January 23, 2025. The snapshot will occur at a random time during the 24-hour period.
A snapshot of the Hungrybera NFT collection will be taken. Community members are advised to avoid trading or moving their Hungrybera NFTs between wallets during this period. If you wish to purchase a Hungrybera NFT, ensure that the purchase is completed before the specified date to avoid missing out.
This snapshot is done for the following purposes:
- Calculate the Diamond Paw Bonus: This bonus is determined by the number of blocks on the Arbitrum network during which a holder has owned their Hungrybera NFT, compared to all other holders.
- Enable registration for $RAMEN Private Sale Phase Access: Hungrybera NFT holders must register to reserve their allocation in the $RAMEN Private Sale Phase. Details about this process are outlined below.
- Facilitate the gRAMEN airdrop to Hungrybera NFT holders: For every Hungrybera NFT, the holder will be eligible to claim 2,133.33 gRAMEN tokens. More details about the gRAMEN claim are provided below.
- Award a One-Time Gacha Gift to Hungrybera NFT holders: All Hungrybera NFT holders will receive Gacha, which can be used to enter lotteries for allocation in Fixed Price Token Sales.
$RAMEN Private Sale Phase Registration
When: January 24, 2025, 2PM UTC to January 28, 2025, 2PM UTC
Hungrybera NFT holders can register to reserve allocation in the $RAMEN Private Sale Phase. Whitelisted addresses will receive guaranteed allocation in the $RAMEN token sale event without entering the Gacha lottery.
Important: To be whitelisted for guaranteed allocation to the $RAMEN Private Sale Phase, Hungrybera NFT holders must register via the dApp. Holding Hungrybera NFTs does not automatically qualify you for guaranteed allocation.
How It Works
4 million $RAMEN is allocated to the Private Sale Phase. This allocation registration is first-come-first-served — the registration window will close once all 4 million $RAMEN in allocation are reserved, so please be early.
Step 1: Go to the Private Sale Registration page
The URL will be provided in a separate announcement in Ramen’s Discord server, X account, and Telegram channel
Step 2: Connect your wallet
Only wallet addresses included in the Hungrybera NFT snapshot will be able to reserve allocation.
Step 3: View and verify details
After connecting your wallet, you will be able to view your Hungrybera balance and eligible gRAMEN airdrop.
Step 4: Reserve your allocation
Each Hungrybera NFT entitles its holder to 1,250 $RAMEN in guaranteed allocation, capped at 8,750 $RAMEN per wallet. You can select your preferred allocation size in the registration page.
Reserve only the amount of allocation that you intend to commit to in the $RAMEN token sale. Overcommitting and failing to fill your allocation during the token sale negatively impacts the community.
Example:
Bob owns 7 Hungrybera NFTs, entitling him to a maximum of 8,750 $RAMEN in available allocation. However, he only wishes to reserve and commit to 1,250 $RAMEN so he registers for that amount.
If the 4 million $RAMEN allocation is not fully reserved by the deadline, we will move more $RAMEN allocation to the Gacha Round lottery.
$RAMEN Token Launch Event
When: Day One of Berachain Mainnet
$RAMEN will be the inaugural token launch on Ramen. The launch parameters are as follows:
Launch format: Fixed Price Mode
Token price in Private Sale: $0.20 (price in $BERA determined right before launch)
Token price in Gacha Round: $0.20
Implied FDV: US$20,000,000 ($20M)
Initial circulating supply: 35,350,000 $RAMEN
Initial market cap: US$7,070,000 ($7.07M)
Token supply offered: 5,000,000 $RAMEN
Tokens allocated for Private Sale: 4,000,000 $RAMEN
Tokens allocated for Gacha Round: 1,000,000 $RAMEN
Target hard cap: US$1,000,000 in BERA
After the $RAMEN token launch event, assuming a complete 100% token sale, 40% of the liquidity raise will be withdrawn and deposited into the Ramen treasury multi-sig. The funds will be used for the project’s operational expenses and further product development.
The balance $600,000 in $BERA, coupled with a separate allocation of 3,000,000 $RAMEN tokens, will be seeded in the genesis liquidity pool on Kodiak. This forms the protocol-owned liquidity for $RAMEN, and the LP tokens will be locked in InterPoL for a minimum of 12 weeks.
Timeline for $RAMEN Token Launch
The Ramen smart contracts will be deployed on Berachain mainnet as soon as it goes live. The deployment could take up to 12 hours for internal tests and dependency checks.
Once Ramen is successfully deployed on Berachain, the sequence of events are as follows:
- Gacha Gift
Hungrybera NFT holders will receive their Gacha Gift automatically. We will also drop the Gacha Gift to selected members from partner communities and ecosystem projects. - Token Launch Registration (36 hours)
The registration window will open shortly after the deployment. Register for the Gacha lottery to win allocation tickets for the Gacha Round. - Allocation Announcement (8 hours)
Check your lottery results and prepare for the token launch. - Private Sale Phase (4 hours)
Whitelisted addresses may contribute in this 4-hour window, up to their allocation limit. - Gacha Round (6 hours)
Allocation ticket winners from the Gacha Lottery may contribute in this 6-hour window, up to their allocation limit. - Overflow Round (2 hours)
All unsold tokens are made available in the Overflow Round to all whitelisted and registered participants. If you’ve registered for the Gacha Round and did not win any allocation tickets, you will get a chance to purchase $RAMEN tokens in the Overflow Round. - Token Timelock (2 hours)
After the token sale, the RAMEN-BERA liquidity pool will be seeded. Once the timelock expires, all participants can claim their $RAMEN tokens.
Concurrent Token Launch Event: Yeet
While the $RAMEN token launch event is ongoing, another concurrent launch event will be happening on Ramen: Yeet will be launching $YEET using the Price Discovery Mode. The $YEET auction phase will last for 69 hours.
This token launch is open to all participants, with no gRAMEN or Gacha requirements and no allocation limits.
To learn more about participating in Price Discovery Mode launches on Ramen, refer to our docs.
Community Incentives Season 1: gRAMEN Claim + Bonus Gacha Stimmy
When: Shortly after the $RAMEN token launch
Hungrybera NFT holders and community members eligible for gRAMEN airdrop from the Community Roles redeemed from Bing Bong Credits and from participation awards in our previous testnet campaigns may check and claim their gRAMEN tokens from the Ramen dApp.
gRAMEN has a lockup period of 16 weeks, which starts only after the user has claimed their airdrop. Users who have participated in the $RAMEN token sale may also stake additional $RAMEN to earn more Gacha.
To ensure that gRAMEN holders will get maximum chances to participate in the Fixed Price Launches on Ramen in the first weeks, bonus Gacha rewards will be given in the form of a boosted base earn rate and a one-time Gacha Gift. More information about the boosted earn rate and Gacha Gift will be announced in the coming weeks.
In our next article, we will delve into the migration plan for the Hungrybera NFT collection to Berachain, highlight new token launches on Ramen, and provide more details about Community Incentive Season 2.
This includes an overview of the distribution mechanism and methodology for the $BERA allocated to Ramen’s users from the official Berachain’s Request for Broposal: Applications (RFA), for which Ramen is proud to be one of the 127 projects that qualified for the program.
Visit our website: https://ramen.finance/
Read more about Ramen: https://docs.ramen.finance/
Follow us on X: https://x.com/ramen_finance
Join us on Discord: discord.gg/ramenfinance
