# Introduction to Ramen ## What is Ramen? Ramen is the Berachain-native token launchpad powering liquidity bootstrapping and price discovery for new assets. We democratize equitable access for users to participate in liquidity bootstrapping events by early-stage and growth-stage protocols on Berachain. {% embed url="" %} ## Core Product Features ### Fixed Price Launches * **Provably fair allocation distribution mechanism**: Lottery-based allocation distribution with Gacha, an off-chain points system earned linearly with gRAMEN * **Maximum flexibility in structure**: Flexibility to configure launch phases with allocation caps * **Minimal user friction**: Fixed-price format easy for users to understand and participate ### Price Discovery Launches * **Fairness and efficiency prioritized**: Blind auction mechanism prevents price manipulation, excessive FOMO, and frontrunning * **Market-driven price discovery**: Verifiable on-chain price discovery for token, driven solely by market demand * **Maximum accessibility**: No allocation caps, token-gating, or vestings. 100% open participation without restriction ## Core Contributors
PolarCo-founderGold Bear.png
PeparCo-founder, Head of ProductSpace Bear.png
WojtekHead of EngineeringBlack Knight Bear.png
0xMinistryDesign Lead b3b7b81d00159df5450687c49cbfe52b.pnghttps://x.com/0xMinistry
# Fixed Price Mode {% hint style="success" %} TL;DR: * Fixed Price Mode allows participants to acquire allocation in a token launch at a pre-determined price and valuation. * To earn allocation in the Community Round of a particular Fixed Price Launch, you can either be whitelisted by the project or use Gacha to join the allocation lottery. {% endhint %} ## Introduction to Fixed Price Mode Fixed Price Launches allow participants to acquire tokens at a pre-determined price and valuation. ### Community Round #### Phase 1 — Community GTD (Guaranteed Allocation) This phase offers guaranteed allocation to eligible contributors via: * **Gacha Lottery Participation**: Users holding gRAMEN may use their Gacha to participate in the Gacha Lottery of their desired token launch; winners of allocation tickets will gain eligibility to contribute during the Community GTD phase. Each unique wallet can win a maximum of 10 allocation tickets. * **Whitelisted Addresses**: Projects may whitelist specific wallet addresses based on criteria such as NFT ownership or community engagement. This phase typically runs for **4 hours**, during which all eligible participants may contribute up to their allocated amount. #### Phase 2 — Community FCFS Any unfilled allocation from the Community GTD phase will be made available in the Community FCFS phase. * Eligible participants include all whitelisted users and Gacha participants who did not win allocation tickets. * Eligible participants may contribute up to 5x the allocation cap of one allocation ticket in the Community GTD round. * This phase typically lasts 1 hour. ### Public Round The Public Round introduces an open and ungated opportunity for broader participation — no whitelist or allocation tickets required. It is available as an optional phase at the discretion of the launching project. Projects can configure the following parameters: * Total token allocation available for the Public Round * Contribution caps per unique wallet * Token price (launches may set a discounted token price for the Community Round and a full token price for the Public Round) If this phase is enabled, any unfilled allocation from the Community Round will automatically roll over into the Public Round, ensuring maximum participation. # Participation Guide: Fixed Price Mode ## Participating in a Fixed Price Mode Launch {% hint style="info" %} Take note before participating in Fixed Price Mode token launches: * **Sale phases**: Pay attention to the dates and times for each phase to avoid missing out. * **Secure allocation**: To secure allocation, lock $RAMEN to earn Gacha, which can be spent for lottery entries. Always check your allocations and prepare your funds in advance for each launch. * **Verify official information**: Ensure you are on the correct site. Do not rely on information or link from third parties. Ramen will publish all essential updates on our official social media channels. {% endhint %} {% embed url="" %} ## Phase 1: Registration ### **Duration: 36 hours** * **Registration & Lottery Entry**: Participants use their Gacha to exchange for entries in the lottery for allocation in the Gacha round. The Gacha requirement per entry will be published on the token launch page. Requirements may vary from launch to launch. * **Entry Limits**: There's no limit to the number of lottery entries a user can submit, provided they have sufficient Gacha. However, a single wallet can only win a maximum of 10 allocation tickets in each launch. In other words, you may submit >10 lottery entries but can only win a maximum of 10 tickets. * **Non-cancellable**: Gacha entries are final and non-reversible, regardless of the lottery results. * **Community Round Allocations**: During this period, users can check their Community Round allocations, if any, by connecting their wallets. *** ## Phase 2: Allocation Announcement ### **Duration**: 8 hours * **Lottery Results**: After the 36-hour registration period, the lottery algorithm will determine allocation ticket winners. Lottery results will be made available immediately. * **Next Steps and Preparations**: If you have won 1 or more allocation tickets, prepare your funds for the Contribution phase. * If you have Community Round allocation, but did not win allocation tickets, you may still participate in the Community Round. You may also join the launch in the Overflow round, regardless if you won allocation tickets. *** ## Phase 3: Community GTD Round Contribution ### **Duration**: 4 hours * **Eligibility**: Only whitelisted wallets and users who won allocation tickets in the lottery will be able to participate in the Community Round. * **Contribution Cap**: Contribute up to your allocated cap. Any unfilled allocation will be moved to the Community FCFS round. *** ## Phase 4: Community FCFS Contribution ### Duration: 1 hour, or until token supply is fully sold * **Eligibility**: Open to all registered users, regardless of whether they won allocation tickets. * **Allocation Cap**: The allocation cap for the Community FCFS phase is five times the allocation for one allocation ticket in the Community GTD phase. For example, if the allocation cap for one allocation ticket is 100 BERA, the allocation cap for the Community FCFS phase for each wallet is 500 BERA. * **First Come First Serve**: This round is on a first-come-first-serve basis until the token supply is fully sold out or when the 2-hour window closes. *** ## Phase 5: Public Round (Optional) * **Eligibility**: This Round is ungated. All users are open to participate and contribute in the Public Round. * **Allocation Cap**: A contribution cap per unique wallet may be imposed by the project. *** ## Phase 6: Token timelock ### Duration: 2 hours * **Timelock**: After the token sale concludes, tokens will be time-locked for 2 hours. In this period of time, the liquidity pool for the token will be seeded. *** ## Phase 6: Token Claim * **Token Claim**: After the 2-hour timelock, users can claim all their tokens, including those from airdrop and the different sale phases. Users will be able to trade or provide liquidity for the token on Kodiak. # FAQ: Fixed Price Mode ## What if a token launch is incomplete/unsuccessful? **Less Than 25% Sold**: If less than 25% of the tokens are sold all rounds (12 hours), the token sale will be deemed unsuccessful. All participants will receive a full refund of their contributions, the liquidity pool will not be seeded, and airdrop allocations will be returned to the protocol. **25% to 99% Sold**: In the event of an incomplete sale (e.g. tokens sold = >25% but <100%), the token sale will be considered successful. The liquidity pool will be seeded and all participants will receive their protocol tokens as intended. *** ## What happens to the liquidity bootstrapped after the token launch event? Immediately following the conclusion of a token sale, the funds raised will be deployed in a whitelisted liquidity pool on Kodiak. By default, 100% of the liquidity bootstrapped will be deployed to the liquidity pool. However, in some cases, a portion of the funds raised may be withdrawn by the project team for liquidity deployment on their own dApp, partner dApps, or for operational expenses. Details regarding the amount to be withdrawn and the specific destination multi-sig will be clearly communicated to the community prior to the sale. The resultant LP tokens returned from Kodiak may subsequently be locked on InterPoL, a vault locker developed by The Honey Jar, for a minimum duration of 12 weeks. *** ## How do I get more allocation into a token launch? You can win more allocation in two ways. In some launches, the protocol will organize a Community Round where community contributors will be whitelisted for guaranteed allocation. The criteria and conditions of the Community Round is decided by the protocol itself, and not by Ramen. Alternatively, you can increase your gRAMEN position by staking more $RAMEN, or increase your staking duration and earn more Gacha over time. The participation strategy might look something like this: 1. Submitting one lottery entry into every single Fixed Price Mode launch, or 2. Saving all your Gacha to submit 10+ entries into a small number of Fixed Price Mode launches *** ## If I did not win allocation, can I still participate in the Community FCFS Phase? Yes. If you have registered for the token launch event and you have spent Gacha to enter the lottery, you are eligible to participate in the Community FCFS Phase, provided that there are balance allocation. The individual allocation cap in the Community FCFS Phase is 5x the original allocation cap of one allocation ticket e.g. if the allocation cap of one allocation ticket in the Community GTD phase is 50 $BERA, the allocation cap of a single wallet is 250 $BERA in the Community FCFS phase. The Community FCFS phase will last for 1 hours, or when all balance allocation is purchased completely. # Price Discovery Mode
{% hint style="success" %} TL;DR: * Price Discovery Mode allows participants to bid for token allocations, enabling protocols to find a fair token value efficiently, driven entirely by market demand * Price Discovery Mode Launches are 100% open to public participation with no token-gating, allocation caps, or vesting {% endhint %} ## Introduction to Price Discovery Mode Price Discovery Mode allows participants to collectively set the true value of tokens: This helps protocols to discover a fair market valuation for their tokens and provides users with a fairer, more efficient, and simpler experience to participate in token launches. Price Discovery Mode uses **Sealed-Bid Auctions**, where participants place private bids for a specific number of tokens at their desired price. Sealed-Bid Auctions offer a fairer and more reliable price discovery solution. Since all bids are encrypted, participants can place their orders without the fear of being outbid or sniped right before the auction ends. If their bid is successful, they get to acquire tokens at the most equitable price. Deriving the optimal participation strategy is straightforward. As a participant, you first determine the highest price (and implied valuation) you are willing to pay for the tokens. There are two possible outcomes: 1. **Successful bid** (Bid is above settlement price): You acquired more tokens at a price lower than your initial bid, which is a favorable outcome. 2. **Unsuccessful bid** (Bid is below settlement price): You avoid overpaying for what you perceive as an overvalued deal, ensuring you don’t experience buyer’s remorse, which is also a favorable outcome. Furthermore, Sealed-Bid Auctions eliminate the timing-driven uncertainties. All winning bids placed before the auction closes are settled at the same uniform price, regardless of when the bid was placed. (Note: This is usually true, but an edge case exists where if multiple bids are submitted at the exactly same price, the settlement will prioritize the bid made earlier, which gives a very slight advantage to participants who submitted their bids early in the auction) ## Powered by Axis
Price Discovery Mode is powered by the Sealed-Bid Auction mechanism, developed by Axis. We are proud to partner with Axis to deploy this technology on Berachain, as part of Ramen's core offering. Axis is a permissionless infrastructure layer that enables developers to build auction-driven applications. The Axis team has a proven track record, having contributed to reputable protocols such as Bond Protocol, OlympusDAO, Ankr, and Liquity.
## How Price Discovery Mode Works
Process of a Price Discovery Mode Launch: * **Token Launch**: The project initiates a token launch for a fixed number of tokens using Price Discovery Mode on Ramen. A price floor and minimum bid size are defined. * **Bidding Phase**: Participants place bids, specifying the total allocation (in $BERA) that they wish to contribute to the launch and the maximum price they are willing to pay per token. There is no maximum token price or allocation limits, giving users the flexibility to bid for as many tokens at any price above the price floor. During this phase, bid price information remains completely encrypted and hidden from all parties, including all other participants, the project team, and Ramen. * **Auction Conclusion**: Once the auction ends, bids are decrypted and sorted from highest to lowest price. Tokens are then allocated to bidders, starting with the highest bids, and continuing until all tokens have been distributed. * **Settlement Price**: The final bid to receive tokens establishes the settlement price, which is the uniform price at which all winning bidders will pay. If a bidder’s bid exceeds the settlement price, they will receive more tokens than initially requested. If their bid is below the settlement price, they will not receive any tokens but can claim a refund. # Participation Guide: Price Discovery Mode ## Participating in a Token Launch with Price Discovery Mode {% hint style="info" %} Take note before participating in Price Discovery Mode token launches: * **No token-gating**: Everyone can participate in Price Discovery Mode token launches; you don't need to have gRAMEN or Gacha to participate in these token launches. * **No allocation cap**: There is no allocation limits in these token launches. However, there is a minimum bid size. * **Bid your true price**: For the optimal participation experience, please only bid a token price that you'll be comfortable to buy the tokens at. {% endhint %} {% embed url="" %} ## Step 1: Understanding the Launch Parameters Click on a live Price Discovery Mode token launch to view the token launch parameters and relevant project information. All upcoming and live token launches can be found on the Ramen dApp. ### Launch Terms, Parameters, and Descriptions * **Spend Amount**: Total amount to be contributed to the token launch (usually denominated in BERA) * **Minimum Spend Amount**: Minimum amount to be contributed to the token launch * **Bid Price**: Price per token you're bidding at * **Settlement Price**: The actual uniform price that all winning bidders will pay per token * **Auctioned Supply**: Token supply supplied for offering * **Minimum Bid Price**: The price floor for a valid bid * **Minimum FDV**: Estimated fully diluted valuation if the auction's final settlement price = minimum bid price ## Step 2: Participating in the Auction
1. Find the Bid Panel near the top left section of the launch page 2. When the auction is live, enter a Spend Amount to be contributed to the launch (Spend Amount entered must be greater than the Minimum Spend Amount indicated in the Bid Panel). 3. Enter your Bid Price (Bid price entered must be greater than the Minimum Bid Price indicated in the Bid Panel). 4. Double-check the minimum amount of tokens you will receive if your bid is successful, shown below the 'Bid Price' field. You'll receive more tokens if the auction settlement price is lower than your bid price. In addition, check the Estimated FDV which will be automatically reflected based on your input. 5. Submit your bid by clicking the 'Submit Bid' button. You will be prompted to sign 2 transactions with your wallet (1 for Approve Spend, 1 for Bidding). 6. You can return to this page to edit your bid anytime before the auction concludes. The auction countdown can be found near the top of the launch page. ## Step 3: Claim Tokens or Refund 1. After the auction ends, the bids will be decrypted and the settlement price will be discovered and revealed instantly. Return to the launch page to check if your bid won. You can view the settlement information for details. 2. If your bid won, click the button to claim your tokens 3. If your bid did not win, click the button to claim a full refund of the BERA token that you contributed. {% hint style="info" %} You may receive refunds in the form of wBERA instead of BERA. If you're receiving a refund, check your wallet for wBERA balance. {% endhint %} # FAQ: Price Discovery Mode ## How does Price Discovery Mode work? Price Discovery Mode is powered by the Sealed-Bid Auction mechanism developed by Axis. This mechanism simulates a blind auction where all participants place private bids for a desired quantity of tokens at their preferred price. Once the auction is completed, the system decrypts all bids and allocates tokens to the highest bidders, with the settlement price set by the last successful bid to be filled. *** ## Is the Price Discovery Mode secure? The Sealed-Bid Auction smart contracts have been [audited](https://axis.finance/developer/reference/audits/). Ramen will be getting an additional security audit done very soon. *** ## What if I place a bid with a very very high bid price just to secure allocation? The higher your bid, the more likely your bid will win. However, place a bid price at which you're comfortable in paying for the optimal participation experience. In the event where majority of the participants adopt this strategy of placing exceeding high bid prices, the settlement price could end up higher than expected, creating an overinflated valuation for the tokens. *** ## What can I do if my bid did not win? If your bid did not win, you can claim a full refund for the BERA you've contributed after the auction ends. You can purchase the token from the liquidity pool at a price similar to the settlement price shortly after the token launch is completed. *** ## Are there allocation limits per unique wallet? No, there are no allocation caps. This means you may contribute any amount above the minimum bid size to the token launch. # Gacha Kitchen Say it out loud, it's fun to say 'Gacha Kitchen'. {% hint style="success" %} **TL;DR**: * Gacha points are required to enter and receive allocation in Fixed-Price Mode launches * You can earn Gacha points by staking $RAMEN for `gRAMEN`, and you can boost your Gacha earn rate by holding a Hungrybera NFT * Gacha is non-transferrable and it is not a token {% endhint %} ## Gacha Kitchen Gacha is an off-chain points system that can be used to win allocation in Fixed-Price Launches. Gacha cannot be bought or sold; it is non-transferable and indefinitely associated to your wallet address. {% hint style="warning" %} Gacha does not entitle users to native token airdrops. **Do not hoard Gacha.** Gacha Kitchen is designed to be a dynamic, adjustable system where users can earn and spend Gacha without having to incur gas fees or needing contract upgrades whenever the parameters of the earn rate of Gacha are changed. {% endhint %} ## How to earn Gacha
You earn Gacha passively when you lock `$RAMEN` tokens for `gRAMEN`. To earn more Gacha, you can either (1) increase your `gRAMEN` position, or (2) hold a Hungrybera NFT in the same wallet for a Gacha boost. The Gacha earn rate will vary from time to time. Please check the Ramen dApp for the current earn rate. ## How to use Gacha During the Registration phase of each launch, users can view the Gacha requirement on the token launch page. Illustration: Project is launching **$XYZ** * Gacha requirement for 1 entry in $XYZ sale: 200 Gacha * Users can submit as many entries in the allocation lottery as they like * Entries will enter into a fair lottery algorithm, and for each launch, a pre-defined number of winning tickets will be selected * Each unique wallet can **only win a maximum of 10 allocation tickets** for each token sale, no matter the number of lottery entries they submitted * Each winning ticket entitles the users a capped guaranteed allocation to the token sale * Gacha spent will be burnt, regardless of the status of the lottery (e.g. if a user submitted 5 entries and does not win any winning tickets, the Gacha will not be returned to their account) ## Gacha on gRAMEN position expiry Once a `gRAMEN` position has expired, the user will cease to earn Gacha. Any existing Gacha balance will remain associated to the user's wallet and the user may spend it on upcoming launches if they have sufficient balance. To continue earning Gacha, users need to manually restake their $RAMEN once a gRAMEN position expires. ## Transparency and fairness for Gacha Kitchen To ensure transparency and fairness of the Gacha Kitchen and to assure all users that the Gacha Kitchen will not be abused deliberately or unintentionally to favour certain users or parties, a query dashboard will be built and released publicly where users can independently query Gacha balances and verify Gacha emissions are rightfully emitted and boosted. The Gacha Kitchen codebase will also be undergoing third-party code audits, and the audit results will be made publicly to users. ## Instant Gacha Instant Gacha allows users to acquire Gacha instantly by burning $RAMEN, reducing token supply permanently.
### How to Get Instant Gacha 1. Purchase $RAMEN on Kodiak or Ooga Booga 2. Visit Ramen’s dApp and click on ‘Earn Gacha’ at the top navigation bar 3. Click ‘Burn $RAMEN’ 4. Input the amount to burn and view the corresponding Gacha reward 5. Approve the transaction and receive Gacha instantly {% hint style="warning" %} **Important**: You will only receive Gacha when you burn $RAMEN via the Ramen dApp. Sending $RAMEN directly to a burn address WILL NOT earn you Gacha. {% endhint %} ### What’s the catch? Instant Gacha is designed to improve the Gacha system and complement, not replace, $RAMEN locking. $RAMEN locking remains the most rewarding method to earn Gacha. The conversion rate for Instant Gacha is set at **25% of what you’d earned at the base Gacha earn rate over 16 weeks**. For example, if Bob locks 10,000 $RAMEN for 16 weeks at a base earn rate of 0.03 Gacha per gRAMEN per day, he earns a total of **33,600 Gacha**: `0.03 base earn rate * 10,000 gRAMEN * (16 weeks * 7 days) =`` `**`33,600 Gacha`** If Bob burns 10,000 $RAMEN instead, he receives **8,400 Gacha immediately** (25% of 33,600 Gacha). Boosted earn rates may apply for gRAMEN holders or Hungrybera NFT holders from time to time, but the conversion rate for Instant Gacha will always only be applied on the base earn rate. The conversion rate may change–check the Ramen dApp for the latest information. # Airdrop Recipes MAGA – Make Airdrops Great Again
{% hint style="success" %} **TL;DR**: * Airdrop Recipes is a token airdrop module on Ramen that allows protocols to execute token airdrop campaigns and users to claim their token airdrops seamlessly on the Ramen frontend * Eligible users are selected based on NFT holdings and community participation & contribution * Token airdrop campaigns are done concurrently with a token launch event {% endhint %} > Imagine getting multiple token airdrops just for holding a Bit Bear NFT. \ > With Airdrop Recipes, we make that possible – Beras are about to eat good. Introducing Airdrop Recipes, where token airdrops are supercharged and made simple and accessible for everyone on Berachain. ## For Users: Discover and Claim Token Airdrops We've simplified the process for users to discover and claim token airdrops via a unified interface. Users can view ongoing token launch campaigns and ascertain their eligibility requirements for token airdrops on the Ramen platform. Eligible airdrop recipients can claim their token airdrops irrespective of owning gRAMEN or participating in the token sale. Simply check your eligibility, reserve your claim, and wait for the token claim to commence — **it’s that easy**. For airdrop campaigns organized in conjunction with a token sale, eligible recipients are not required to participate in the token sale to claim their allocated tokens, thereby ensuring broader participation and distribution. ## For Protocols: Configure & Launch Token Airdrop Campaigns We make it easy for protocols to create custom airdrop campaigns to be hosted natively on Ramen, running seamlessly with their token launch. **Step 1: Eligibility** — Determine criteria for token claim eligibility by selecting from whitelisted tokens and NFT collections, or by uploading a list of whitelisted wallet addresses. * **Custom whitelist upload**: Protocols can reward early community members by uploading allowlisted addresses and corresponding token airdrop allocations * **NFT and token holders**: Want to engage holders of Bong Bears and its rebases? Or holders of any ecosystem NFT collections? We make it easy for project founders to pick and choose NFT collections, take a snapshot, and execute the campaign * **Ramen active users**: Maximize exposure for your token launch by creating a token airdrop to `gRAMEN` holders – project founders can specify the minimum `gRAMEN` value requirement for the airdrop so they can attract the most active Ramen users to the token launch **Step 2: Allocation logic** — Configure minimum requirements and/or claim limits, while delineating token allocations for eligible airdrop recipients. **Step 3: Final adjustments** — Schedule the snapshot execution, and even after the snapshot, fine-tune the recipient list and allocation amounts. Once finalized, deposit the token allocation into our secure contract. Airdrop Recipes operates as an autonomous product feature, providing protocols the flexibility to execute their token airdrops concurrently with a token sale on Ramen, or as standalone initiative. Even in scenarios where the token sale occurs on other centralized or decentralized launchpads or through fair launches on self-hosted dApps, Airdrop Recipes can serve as a valuable tool for engaging strategic communities and users within the Berachain ecosystem. #### Benefits to participating protocols * Save on time and engineering resources to create and market your token airdrop campaign * Capture attention for your token launch * Ensure optimal efficiency for your airdrop campaign: Eligible recipients are required to opt-in and claim their token airdrops, which creates the opportunity for them to learn more about your product and launch * Collaborate with us to market your token airdrop campaign for maximum cost efficiency * Audited token vesting contracts to ensure the highest standards of security ## Whitelisted Airdrop Recipe Assets {% hint style="success" %} We are actively looking for partners to co-create Airdrop Recipes – If you would like to whitelist and include your NFT collection as part of the Recipes, or if you have interesting ideas to create new Recipes, please reach out to us via Discord. {% endhint %} Protocol developers can select from whitelisted token and NFT contracts so the holders of such assets can be eligible for potential token airdrops. The Genesis Airdrop Recipes features a curated selection of tokens and NFT collections for protocol founders to select from, ensuring the integrity and quality of airdrop campaigns on Ramen. Interested parties are encouraged to reach out to the Ramen team via Discord. Assets currently whitelisted in Airdrop Recipes: * $RAMEN / gRAMEN * iBGT * Bong Bears NFT and all official rebases * Honey Comb NFT * Hungrybera NFT * Yeetard NFT * Beramonium Chronicles NFT * Cubhub NFT * $HENLO * Big Fat Beras NFT * Smilee Beras NFT * Genesis CyberKongz NFT (token ID #1-#1,000) * Sproto Gremlins NFT * Steady Teddys NFT (future) # Tokenomics Design {% hint style="info" %} **Objectives/Pain Points to Solve**: * How can we create a fair and decentralized allocation distribution system such that genuine contributors and users stand to benefit the most from Ramen? * How can we create the best user experience for token launches on Berachain? * How can we accrue and distribute value derived from the growth of Ramen to platform users, contributors, and community members fairly? {% endhint %} ## $RAMEN: Decentralizing Token Allocation Distribution Our goal is to ensure that token allocations are distributed to genuine, engaged users rather than to sybil farmers and bots. To achieve this, we aim to create an efficient and decentralized system for allocation distribution. Here's why it matters: ### Challenges with Traditional Allocation Distribution In both token launch platforms, allocation distribution is governed by either opaque processes (KYC, platform activity, or off-chain queue systems) or uncontrolled free-market methods (FCFS or fair launches). These methods typically lead to two significant issues. 1. **Unpleasant user experience**: Genuine users struggle to participate in token launches due to botting activity, which can diminish community engagement and loyalty. 2. **Token distribution inequity**: Sybil farming leads to a disproportionate token concentration among a few wallets, potentially destabilizing token prices and undermining the project's long term success and governance. ### Our Solution with $RAMEN To address these challenges, a platform utility token, $RAMEN, is used to decentralize allocation distribution. This approach aims to ensure that the benefits of Ramen's growth are shared among users, contributors, and community members. To reserve allocation in upcoming launches, users are required to lock $RAMEN to receive a `gRAMEN` position. This requirement introduces a cost in acquiring $RAMEN, making it less feasible for individuals to farm allocations using multiple new empty wallet accounts. This also implies that early users of Ramen would be enjoying allocation at a lower cost basis on average compared to latecomers, thus incentivizing early participation. ## Introducing gRAMEN: Decentralizing Governance and Value Accrual Governance $RAMEN, or `gRAMEN`, represents our strategy to transition governance of Ramen to the community. This shift will allow the platform to adapt to the evolving liquidity needs of new protocols more effectively. The presence of an on-chain position also potentially open up a myriad of exciting opportunities for `gRAMEN` holders – it is possible to whitelist `gRAMEN` holders for Airdrop Recipes to receive token airdrops from participating protocols, or use the real yield to create a launchpool-style product to earn new tokens in the future. The possibilities are endless. ### TL;DR: Benefits of Holding `gRAMEN` * **Reserve allocation**: Earn Gacha to reserve allocation in Curated Launches * **Governance participation**: Vote on protocol policies * **Potential airdrops**: Potentially receive token airdrops from exciting new protocols # $RAMEN ### Token Contracts On Feb 6, 2025, our token contracts were successfully deployed on Berachain mainnet: * gRAMEN: 0x53a216703434f10771f815723860beafd5b80740 * $RAMEN: 0xb8B1Af593Dc37B33a2c87C8Db1c9051FC32858B7 ### `$RAMEN` token `$RAMEN` is the liquid, transferrable utility token for Ramen. ### `gRAMEN` token `gRAMEN` is the locked version of $RAMEN. `gRAMEN` is by default illiquid and non-transferable, and can only be earned by locking $RAMEN. With `gRAMEN`, holders can earn Gacha and participate in governance in the future. ## Conversion ### $RAMEN to gRAMEN $RAMEN can be locked to receive `gRAMEN`, and the conversion is 1:1. For example, locking 1,000 $RAMEN tokens will instantly create a position of 1,000 `gRAMEN` tokens. ### gRAMEN to $RAMEN The maximum locking duration for a `gRAMEN` position is 16 weeks. Users may redeem their `gRAMEN` position for $RAMEN instantly at any point in time. However, an unlock tax applies to redemptions before the 16-week maximum duration is up, and the unlock tax applies as illustrated below: For example, * **First 7 weeks from initial lock**: The unlock tax associated to a redemption anytime in the first seven weeks is 50%, i.e. 500 $RAMEN is redeemed from a 1,000 `gRAMEN` position * **50th day to 111th day from initial lock**: Users can redeem their `gRAMEN` for $RAMEN, but at a linear unlock tax i.e. unlock tax reduces linearly from the seventh week to the sixteenth week * 16 weeks from initial lock: Users can redeem their `gRAMEN` for $RAMEN at **0% unlock tax** i.e. 1,000 $RAMEN is redeemed from a 1,000 `gRAMEN` position When you redeem `gRAMEN` for $RAMEN, you can only redeem the entire position. Partial redemptions are not possible. {% hint style="info" %} 🔥 **Deflationary Mechanism**: All $RAMEN accrued from the unlock tax will be burnt and removed from the circulation. For example, if a user redeems 1,000 gRAMEN at the maximum unlock tax of 50%, the user will receive 500 $RAMEN. \ \ The balance 500 $RAMEN is burnt and removed from circulation in this process. {% endhint %} ## Expired gRAMEN position At the end of 16 weeks, the `gRAMEN` position will expire and automatically be converted back to $RAMEN at 0% tax. At this moment, you will cease to enjoy any Gacha earn rate or any other perks associated with holding gRAMEN. Users will have to manually lock their $RAMEN tokens in a new position. # Tokenomics Or Ramenomics, if you will. ## Max supply of `$RAMEN` tokens: 100,000,000 (100M) $RAMEN has a maximum total supply of 100 million. There is no further emissions for $RAMEN.
The distribution of $RAMEN tokens are detailed below (note that this is subjected to change): * Community Incentives: 61% * Protocol Treasury: 6.35% * Ecosystem Partnerships: 3.65% * Core Contributors and Advisors: 21% * Token Sale and Genesis Pools: 8% ### Community Incentives 61 million $RAMEN tokens are allocated to be distributed to users over several airdrop seasons, designed to incentivize positive actions in different phases of growth for Ramen. All community incentives are awarded in the form of `gRAMEN` for maximum alignment. From this allocation, 16 million $RAMEN tokens (16.0%) will be exclusively reserved for Hungrybera NFT holders, awarded in the first airdrop season, in the form of `gRAMEN`. The allocation breakdown for Community Incentives Season One can be viewed below.
**Edit made on Feb 5, 2025**: The original allocation towards Community Contribution (BBC PP) is 1,380,000 $gRAMEN. However, 537,000 $gRAMEN was unused and will instead be allocated to the Diamond Paw bonus. The total allocation for Diamond Paw bonus is 3,737,000 $gRAMEN. {% hint style="warning" %} 🚨 The 40 million $RAMEN tokens locked in the Community Incentives Treasury **will not** be distributed in a single airdrop event. The allocation may not be evenly distributed for each subsequent Community Incentives Season. The specific timeline of the subsequent Community Incentives Seasons is not announced. {% endhint %} ### Ecosystem Partnerships This allocation is designed to align value and incentives in long-term partnerships with key protocols & communities in the Berachain ecosystem. All partnership allocation will be made in `gRAMEN` and linearly vested over 18 months. ### Core Contributors & Advisors Tokens awarded to Core Contributors and Advisors are vested linearly over 18 months starting from the token launch; all receivables to Core Contributors & Advisors are made in `gRAMEN`, which unlocks over 16 weeks. ### Token Sale and Genesis Pools We will be releasing an allocation of $RAMEN tokens through a launchpad event on Ramen. Initial liquidity pools for $RAMEN will be seeded through this allocation. # Hungrybera NFT 7,500 unique generative NFTs granting exclusive perks to Ramen's founding community members On February 21 2024, Ramen organized the Hungrybera NFT launch as our first liquidity bootstrapping event. All 7,500 Hungrybera NFTs were minted swiftly by 3,127 unique wallets, raising 561.47 ETH in the process. On February 21 2025, Ramen migrated the Hungrybera NFT collection from Arbitrum to Berachain mainnet. A snapshot on the collection on Arbitrum was taken and identical Hungrybera NFTs were airdropped to the owners on Berachain mainnet. The Hungrybera collection on Arbitrum do not grant any perks anymore; the Hungrybera collection on Berachain will be recognized as the official one. **Hungrybera on Berachain**: \ Contract address: [0xac59f7e7e5da0dc4f416a7aeff7a49ac284f10ca](https://arbiscan.io/address/0xac59f7e7e5da0dc4f416a7aeff7a49ac284f10ca) ## Marketplaces Magic Eden: [https://magiceden.io/collections/berachain/hungrybera](https://magiceden.us/collections/berachain/hungrybera)\ Kingdomly: [Hungrybera](https://marketplace.kingdomly.app/collection/berachain/0xac59f7e7e5da0dc4f416a7aeff7a49ac284f10ca)\ OpenSea: ## Utility Some perks from owning a Hungrybera NFT include: * Token airdrop for `gRAMEN` * Boost Gacha earn rate * Exclusive community role and private channels * Allowlist and testnet/beta access to other dApps and NFT projects on Berachain * More to come... ## Distribution **Total supply: 7,500 NFTs** | Distribution | Quantity | Price | | ------------- | -------- | --------- | | Free Mint | 300\* | - | | Priority Mint | 6,000 | 0.069 ETH | | Public Mint | 1,200 | 0.12 ETH | \*3*00 NFTs randomly selected from the collection was reserved for partner protocols and community members* ## Use of funds Funds raised from the Hungrybera NFT sale is controlled from a team multi-sig wallet and will be used for the following purposes: * Technical development and smart contract audits * Operational expenses for team ## Additional notes * Royalties: The royalties for the secondary trading of Hungrybera NFTs is 0%. # Bridging Funds to Berachain ## Bridging to Berachain Bridging assets to Berachain is made simple by using [bridge.berachain.com](https://bridge.berachain.com/bridge/token). If Berachain's bridging service is unavailable, users may use [Stargate](https://stargate.finance/bridge) as an alternative.
#### Step 1: Select network and assets to bridge Select the network you're bridging assets from and select the assets you want to bridge to Berachain.
#### Step 2: Include gas on destination If you're bridging assets to a new wallet on Berachain, make sure you click on 'Gas on Destination' and input a small amount of BERA to ensure you have sufficient BERA for your transactions on Berachain.
#### Step 3: Swap for $BERA Welcome to Berachain! With the assets you bridged over from other chains, you can use [Kodiak](https://kodiak.finance) or [Ooga Booga](https://oogabooga.io) to swap for $BERA. With your newly acquired $BERA you will be able to participate in launches on Ramen. Learn more about participating in [Fixed Price Launches](/ramen/product/fixed-price-mode/guide) Learn more about participating in [Price Discovery Launches](/ramen/product/price-discovery-mode/guide) # Official Links ## Official Links * Website: * Twitter: * Discord: * Telegram: * Medium: * YouTube: * NFT: * Zealy: {% hint style="danger" %} Always be vigilant. Always double-check and verify; assume all DMs are scams and all links sent to you are phishing attempts. When in douby, verify from a trusted source of information. {% endhint %} # Key Partners Partnerships will be announced on all the communications channel. This page will be updated as we unveil more partnerships. {% hint style="success" %} Ramen is currently actively seeking partnerships and collaborations with all protocols building on Berachain. If you are considering and/or planning to launch your token on Berachain, please reach out to us via Discord or Twitter. {% endhint %} ## Partnerships ### The Honey Jar/ApDAO The Honey Jar plays a crucial role in the Berachain ecosystem, serving as both the gateway and a native community venture studio. For years, the organization has been instrumental in incubating projects, fostering public goods for builders, nurturing the ecosystem, and educating the next wave of users. Additionally, The Honey Jar operates one of the top validators, as ranked by BGT delegations. Their contributions and influence in Berachain, led by janitooor.eth, has been an immensely positive force within the ecosystem. Apiology DAO, incubated by The Honey Jar, operates as a hive-like superstructure within the Berachain ecosystem, establishing mutually advantageous relationships among strategic partners. By strategically investing capital and resources into key protocols, Apiology DAO is dedicated to nurturing and advancing growth within the ecosystem. ### Standard & Paws Standard & Paws, developed jointly by The Honey Jar, is a community-based ratings and assessment service designed to evaluate the credibility of new protocols within the Berachain ecosystem. This service will be integrated into Ramen’s Curated Launches to provide an independent, fair, and thorough assessment, complementing due diligence efforts and background research into the track record and competency of these protocols and their core contributors. ### InterPoL InterPoL is a protocol, co-developed by The Honey Jar, that allows teams to lock their liquidity (represented as LP tokens) for any duration without having to renounce the yields offered by various protocols. This essential infrastructure ensures that protocol-owned liquidity is locked securely (rug protection) while enabling protocols to participate and benefit from the rewards from various protocols. The LP tokens belonging to the protocols launching on Ramen will be locked for a minimum of 12 weeks. Protocols may also choose to voluntarily lock their LP tokens for a longer period of time, or even lock it permanently, which is in essence equivalent to burning their LP tokens without sacrificing yields associated with their protocol-owned liquidity. ### Kodiak Kodiak, the native liquidity hub of Berachain, was incubated by the Build-a-Bera program. Their vertically integrated product suite is designed to be the foundation of all liquidity on Berachain. Our launchpad, forged on Berachain and built from the ground up, is designed to enable protocols to leverage and benefit from the Proof of Liquidity mechanism. Unlike other launchpads where capital raised is instantly released to the protocols’ treasuries, 100% of capital raised on Ramen will be seamlessly seeded and deployed to a liquidity pool on Kodiak upon a successful liquidity bootstrapping event, instantly whitelisted on Kodiak’s frontend for trading. This process applies to both Curated Launches and Permissionless Launches. The Ramen-Kodiak collaboration will unlock an efficient and rewarding liquidity bootstrapping experience for new protocols launching on Berachain. This, in turn, creates a virtuous cycle for the ecosystem: as more innovative protocols join the ecosystem, liquidity and capital velocity increases, attracting more developer activity and value creation on Berachain. ### Yeet/YeetBonds The bonds marketplace is where protocols and users exchange tokens in a discounted, slippage-free, & permissionless manner. Just like an OTC deal. Protocols use bonds to acquire stablecoins, LP tokens, or other assets for their treasury, while users get to buy tokens at a discount. Win-win. As a key partner, Ramen will be setting aside a small $RAMEN allocation to issue bonds on YeetBonds to acquire strategic assets that will help us serve protocols better on Berachain. At the same time, we'll work with the YeetBonds team to structure bonding programs for Ramen's launch partners. # Terms of Use ## Ramen Terms of Use Last updated June 24th 2024 These Terms of Use, together with any documents and additional terms they, by reference, expressly incorporated (collectively, these “Terms”), are entered into between Ramen Labs S.A. (hereinafter referred to as “Ramen”, “we”, “our” or “us”) and the person making use of Ramen’s services, including, but not limited to, the use of this website (hereinafter referred to as the “User”, “you” or “your”). These Terms constitute a binding legal agreement between Ramen and the User following such User’s acceptance of such Terms. Within these Terms, words of any gender shall be held and construed to include any other gender, and words in the singular number shall be held and construed to include the plural unless the context otherwise requires. These Terms and any other terms and conditions incorporated herein by reference govern your access to and use of Ramen's Portal and Services. You must read the Terms carefully. By accessing, browsing or otherwise using Ramen's Portal or Services, or by acknowledging agreement to the Terms, you agree that you have read, understood and accepted all of the Terms and our Privacy Policy (the "Privacy Policy"), which is incorporated by reference into the Terms. By accessing or using Ramen's Portal or Services, as further defined in Section 1, the User accepts and agrees to be bound by and comply with these Terms, including the mandatory arbitration provision envisaged in Section 18. If the User does not agree to these Terms, such User should not access or use Ramen's Portal or Services. The User must be able to form a legally binding contract online on behalf of a company or as an individual, as outlined in Section 2. Ramen appeals to the User to carefully review the disclosures and disclaimers set forth in Section 14 in their entirety before using any software developed by Ramen. Section 14 provides important details about the legal obligations associated with the User's use of the Ramen open-source software. By accessing or using Ramen's Portal or Services, the User agrees that Ramen does not provide execution or clearing services of any kind and is not responsible for executing or clearing transactions automated through the Ramen open-source software. ### SECTION 1. KEY DEFINITIONS For the purpose of these Terms, the following capitalized terms shall have the following meanings: 1.1. "Affiliate" means, with respect to a party to these Terms, any legal entity that, directly or indirectly controls, is controlled by or is under common control with Ramen. 1.2. "Applicable Law" means any domestic or foreign law, rule, statute, regulation, by-law, order, protocol, code, decree, or other directives, requirement or guideline, published or in force which applies to or is otherwise intended to govern or regulate any person, property, transaction, activity, event or other matter, including any rule, order, judgment, directive or other requirement or guideline issued by any Governmental Authority having jurisdiction over Ramen, the User, the Portal or the Services, or as otherwise duly enacted, enforceable by law, the common law or equity. 1.3 "BERA" means the utility token of the Berachain Blockchain that may be used to purchase computational resources to run decentralised applications or perform actions on such Blockchain. 1.4 "Berachain Address" means the unique public key cryptocurrency identifier that points to a Berachain-compatible wallet to which BERA may be sent or stored. 1.5 "Berachain Blockchain" means the underlying blockchain infrastructure Ramen leverages to offer its Services. 1.6 "Governmental Authority" means the applicable domestic or foreign federal, provincial or state, municipal, local or other governmental, regulatory, judicial or administrative authority. 1.7 "Portal" means the Ramen website located at " ", and all associated sites linked thereto by Ramen and its Affiliates, including Ramen's decentralised application layer on the Berachain Blockchain. 1.8 "Services" The Products offered by Ramen as accessible through the Portal. 1.9 "Product" means any product offered through the Services and available in or through the Portal. ### SECTION 2. ELIGIBLE USERS The following are conditions of access to the Portal, and each time you access the Portal, the User represents and warrants to us that: 2.1 The User is an individual that is 18 years of age or older, capable of forming a binding contract with us, and under no legal impediment or incapability; 2.2 If the User is acting on behalf of or through a company; the User is an authorised representative of the company and has the authority from that company to access the Portal and form a binding agreement with us on behalf of that company; 2.3 The User is not identified as a "Specially Designated National" by the US Office of Foreign Assets Control or otherwise subject to any sanctions or restrictions which may affect our ability to provide the User with our Services; 2.4 The User has the full power and authority to agree to these Terms and to use any Service offered by Ramen through the Portal; 2.5 The User has read these Terms prior to using any Service, and that you are solely responsible for your trading or non-trading actions and have had the opportunity to take any legal, financial, accounting or other advice that you deem appropriate prior to accessing the Portal or using any of the Services; 2.6 The User will only utilise legally obtained digital assets that belong to the User, and that the User has full legal and beneficial title to any such assets at the time the User utilises them; 2.7 The User is not located in, or a resident of, any Restricted Territory (as defined below) and has not used any technical means (including a VPN) to misrepresent its geographical location to access the Portal from any Restricted Territory; and 2.8 The User is acting for its own account as principal and not as trustee, agent or otherwise on behalf of any other persons. *Your access to the Portal and any Services may be restricted based on your jurisdiction or geographical location. You must not use the Product or the Portal if you are located in or a citizen or resident of any state, country, territory, or other jurisdiction in which use of the Portal or the Services would be illegal or otherwise violate any applicable law (a “Restricted Territory”). The fact that the Portal is accessible in a Restricted Territory or that the Portal allows the use of the official language of a Restricted Territory, or a language commonly used in a Restricted Territory must not be construed as a license to use the Portal in such a Restricted Territory. We unconditionally reserve the right to restrict access to any Restricted Territory and may implement technical controls to prevent access to the Portal or any Services from any Restricted Territory. No services are offered to persons or entities who reside in, are citizens of, are located in, are incorporated in, or have a registered office in any Restricted Territory, which include, without limitation the following: (a) Belarus, Cuba, Democratic People’s Republic of Korea (DPRK), Democratic Republic of Congo, Iran, Lebanon, Libya, Mali, Myanmar, Nicaragua, Russia, Somalia, South Sudan, Sudan, Syria, the following regions of Ukraine: Crimea, Donetsk and Luhansk, or any other country or region that is the subject ofcomprehensive country-wide or region-wide or economic sanctions by the Financial Action Task Force, United Nations, United States of America, the European Union or the United Kingdom; and (b) United States of America, the United Kingdom, Canada, and the People’s Republic of China. If you are a resident or citizen of or otherwise are located or incorporated in, or have a registered office in any Restricted Territory, do not use Ramen’s Portal or Services or attempt to use a virtual private network (VPN) or other technology to circumvent the restrictions set forth herein. Use of a VPN to access Ramen’s Portal or Services is expressly prohibited. You acknowledge and agree that you will not use a VPN or similar technology to access or use Ramen’s Portal or Services in any way. We reserve the right to restrict or discontinue your access to and use of the Portal and Services if we know or have reason to suspect you are using a VPN for such access or use.* ### SECTION 3. MODIFICATIONS TO THESE TERMS In our sole discretion, we reserve the right to modify these Terms from time to time. If modifications are made, Ramen will provide the User with notice of such changes by providing a notice through our Services or updating the date at the top of these Terms. Unless we say otherwise in our notice, all such modifications are effective immediately, and your continued use of our Services after we provide such notice will be construed as a consensual confirmation of the notified changes. Where the User does not agree with the modified Terms, such User is to cease from using Ramen's Services at once. ### SECTION 4. SERVICES 4.1 Berachain Gas Fees - Ramen's Services involve the use of the Blockchain, which requires the payment of a fee, commonly known as the "Berachain Gas Fee," paid through BERA, for the computational resources required to conduct a transaction on the Blockchain successfully. You acknowledge and agree that Ramen has no control over: (1) any Blockchain transactions; (2) The method of payment of any Berachain Gas Fees; and (3) Any actual payments of Berachain Gas Fees. Accordingly, the User must ensure that he has a sufficient balance of BERA stored at his Berachain Address to complete a Berachain Blockchain transaction. 4.2 Conditions and Restrictions - Ramen may, at any time and in its sole discretion, restrict the User's access to, or otherwise impose conditions or restrictions upon such User's use of, the Services or the Portal, with or without prior notice. You acknowledge that we may or may not be in a position to provide information about the reasons for such closure or suspension. 4.3 No Broker, Legal or Fiduciary Relationship - Ramen is not the User's broker, lawyer, intermediary, agent, or advisor and has no fiduciary relationship or obligation to the User regarding any other decisions or activities that the User effects when using Ramen's Portal or Services. No communication or information provided by Ramen to the User is intended or to be construed as advice by such User. 4.4 User's Responsibility - As a condition to accessing or using Ramen's Portal or Services, the User shall: (a) Only use Ramen's Portal and or Services for lawful purposes, and in accordance with these Terms; (b) Ensure that, at all times, all information that the User provides on the Portal is current, complete and accurate; and (c) Maintain the security and confidentiality of his Berachain public and private keys. 4.5 Unacceptable Use or Conduct - As a condition for accessing or using Ramen's Portal or Services, the User shall not: (a) Violate any Applicable Law, including, without limitation, any relevant and applicable anti-money laundering and anti-terrorist financing laws, each as may be amended from time to time; (b) Infringe on or misappropriate any contract, intellectual property or other third-party rights, or commit acts of tortious liability while using Ramen's Portal or Services; (c) Use Ramen's Services in any manner that could interfere with, disrupt, negatively affect, or inhibit other users from fully enjoying the Services or that could damage, disable, overburden, or impair the functioning of the Services in any manner; (d) Attempt to circumvent any content filtering mechanisms or security measures that Ramen employs on the Portal, or attempt to access any Service or area of the Portal or Services that the User is not authorised to access; (e) Use the Services to pay for, support, or otherwise engage in any illegal activities, fraud, money-laundering, terrorist activities, or other illegal activities; (f) Use any robot, spider, crawler, scraper, or other automated means or interface not provided by Ramen to access the Services or to extract data; (g) Introduce any malware, virus, Trojan horse, worm, logic bomb, drop-dead device, backdoor, shutdown mechanism or other harmful material into the Portal or the Services; (h) Provide false, inaccurate, or misleading information; (i) Use Ramen's Portal or Services from a Restricted Territory; (j) Encourage or induce any third party to engage in any activities prohibited under this Section. 4.6 Your Assumption of Risks - The User represents and warrants that Ramen will have no responsibility or liability for any of the risks mentioned in Sections 5, 6, 7 and 8. ### SECTION 5. DIGITAL ASSET RISKS 5.1 Digital Assets: Digital asset prices are volatile and fluctuate day to day. Trading in these digital assets may be considered a high-risk activity. Proper diligence and sound judgement should be used in evaluating the risks associated with these activities. We do not solicit nor represent that digital assets are an investment vehicle. The decision to trade digital assets rests entirely on the users' independent judgement. Any digital asset may decrease in value or lose value due to various factors, including the discovery of wrongful conduct, market manipulation, change to the nature or properties of a digital asset, or governmental or regulatory activity. Demand for digital assets may be partially or wholly driven by speculation or market sentiment. 5.2 Lack of Information Available: You may not have full access to all the information relevant to the particular Digital Asset or its underlying platform or network. It may not be possible to obtain updated information regarding the progress or any changes to particular Digital Assets or their underlying platforms or network. Many Digital Asset issuers or operators may also have no operating history or track record that any be used to evaluate the ability to achieve their stated project goals. 5.3 Network Events: Digital Assets may be subject to various Network Events, including Forks, Airdrops, attacks on the security, integrity or operation of the networks, or Network Participants making a binding decision in relation to the network underlying a Digital Asset. Such events may affect the features, functions, operation, use or other properties of any Digital Asset, Network or platform. The events may also severely impact the price or value of any Digital Assets or even result in the shutdown of the network or platform associated with the Digital Asset. Such Network Events may be beyond the control of the User or Ramen, or to the extent Ramen has any ability to impact the Network Event, Ramen's decision or actions may not be in your interests. Where you transfer digital assets to Ramen which are the subject of a Network Event, you may not be entitled to the proceeds arising from any Network Event, and Ramen is entitled to keep any digital assets created because of Network Events (for example, in circumstances where there is a fork in the network). The User should not transfer assets to Ramen, where you wish to receive the benefits of those Network Events. 5.4 Inflation Risk: Digital Assets may, either because of the inherent design of the digital asset or through Network Events, not be a fixed supply of assets. Where additional Digital Assets are created, the asset's price may decline due to the inflationary effects of adding additional Digital Assets to the total assets available. 5.5 Concentration Risk: At any point in time, one or more persons may directly or indirectly control significant portions of the total supply of any particular Digital Asset offered through Ramen. Acting individually or in concert, these holders may have significant influence over the Digital Asset and may be able to influence or cause Network Events which may have a detrimental effect on the price, value or functionality of the Digital Assets. Network Participants may make decisions which may not be in the User's best interest as a holder of Digital Assets. 5.6 Suspensions of Trading/Network Events: Under certain conditions, liquidating a position in Digital Assets may be difficult or impossible. Certain Network Events (including total failure of a network) may occur rapidly and affect the ability of holders of Digital Assets to conduct transactions. Information relating to these Network Events may be difficult to ascertain ahead of time and may be subject to limited oversight by any third party capable of intervening to stabilize the network. ### SECTION 6. CYBERSECURITY RISKS 6.1 Source Code Changes and Flaws: The various source codes underlying Digital Assets and smart contracts are subject to change and may at any time contain one or more defects, weaknesses, inconsistencies, errors or bugs. Unless otherwise represented in writing by Ramen, no audit or investigation has been conducted on any source code produced by parties other than Ramen. 6.2 Cryptographic advancements: Developments in cryptographic technologies and techniques, including the advancement of artificial intelligence or quantum computing, pose security risks to all cryptography-based systems, including Digital Assets. Applying these technologies and techniques to Digital Assets or the Ramen Portal and Services may result in theft, loss, disappearance, destruction, devaluation or other compromises of digital assets, the Ramen Portal and Services or your data. 6.3 Reliance on the Internet: Digital Assets and the Ramen Portal and Services rely heavily on the Internet. However, the public nature of the Internet means that either part of the Internet or the entire Internet may be unreliable or unavailable at any given time. Further, interruption, delay, corruption or loss of data, the loss of confidentiality in the transmission of data, or the transmission of malware may occur when transmitting data via the Internet. The result of the above may be that your order is not executed according to your instructions or not at all at the desired time. 6.4 Unauthorised access: Unauthorised third parties may use the User wallet and effect transactions without your knowledge or authorisation, whether by obtaining control over another device or account used by the User or other methods. 6.5 Loss of Private Key(s): Losing control of your private key(s) may permanently and irreversibly deny you access to digital assets. Neither Ramen nor any other person will be able to retrieve or protect digital assets for which you hold the private key(s). If the private key(s) is lost, it may become impossible to transfer digital assets to any other address or wallet, and you are solely responsible for securing your private key(s) in a manner that meets the User security circumstances. 6.6 Operational Risk: Breakdowns or malfunctioning of essential systems and controls, including IT systems or Digital Asset networks, may generally affect digital assets' value. In particular, digital assets may suffer from a concentration of operational risk during development, including key personnel, governance and financial control risk. ### SECTION 7. LEGAL RISKS 7.1 Country Risk: If an investment is made in any Digital Assets issued by a party subject to foreign laws or transactions made on markets in other jurisdictions, including markets formally linked to a domestic market, recovery of the sums invested and any profits or gains may be reduced, delayed or prevented by exchange controls, debt moratorium or other actions imposed by the government or other official bodies. Before you use any Product, you should be familiar with any rules or laws relevant to the Services. Your local regulatory authority will be unable to compel the enforcement of the rules of regulatory authorities or markets in other jurisdictions where your transactions have been effected. You should obtain independent advice about the different types of redress available in both your home jurisdiction and other relevant jurisdictions before you start to trade. If your country of residence imposes restrictions on Digital Assets, we may be required to discontinue your access to the Portal and Services. We may not be permitted to transfer Digital Assets held in the Products back to the User or permit the User to transfer Digital Assets out of the Ramen Services to the User or others until the regulatory environment permits us to do so. 7.2 Taxation and required reporting to taxation authorities: You are responsible for all taxes in respect of any gains obtained in a Product, including past or retrospective taxes imposed on the Services. Before using any Product, you should understand the tax implications of acquiring, entering into, holding and disposing of a Digital Asset and a Product. Tax implications of any Service depend on the nature of your business activities and the Product in question. The User should consult their independent tax advisor to understand the relevant tax considerations. 7.3 Regulatory Uncertainty: The Services are potentially exposed to regulatory/legal risk. The legal and regulatory treatment of Digital Assets may change. Regulation of Digital Assets is unsettled and rapidly changing. Legal and regulatory treatment varies according to the jurisdiction. The effect of regulatory legal risk is that any Digital Asset may decrease in value or lose all of its value due to legal or regulatory change. This may affect the value or potential profit of a Product. Legal changes may make a previously acceptable investment illegal or subject to substantial restrictions that may affect the ability to liquidate a position. Changes to related issues such as taxation may occur and radically affect the value or profitability of a Digital Asset. Such risk is unpredictable and depends on geopolitical, economic, sovereign and other factors. Risks may be asymmetrical between established and emerging markets and affect some Digital Assets significantly more than others. Ramen recommends that the User obtains independent legal, tax and financial advice and continues to monitor the legal and regulatory position in respect of its use of the Services. 7.4 Legal Status of Digital Assets, Services and Portal: The laws of various jurisdictions may apply to Digital Assets or Services offered through the Ramen Portal. Applying these laws and regulations to Digital Assets is largely untested, and laws and regulations are subject to change without prior notice to either Ramen or the User. In particular, any current governmental or regulatory tolerance of Digital Assets may change rapidly, and Digital Assets may at any time be deemed to be a security, investment, asset or money by governmental authorities or regulators, which will affect Ramen's ability to offer the Services. As a result of regulation and legislation around Digital Assets, the Portal may not be available in certain jurisdictions or at all. Changes to access to the Portal or the Services may be made unilaterally on short or no notice to the User. Ramen may receive formal or informal queries, notices, requests or warnings by governmental authorities and regulators. Governmental authorities and regulators may take action against Ramen. As a result of such events, Ramen may be required to discontinue the Portal or Services. The User may also be subject to governmental or regulatory action by holding Digital Assets or using the Ramen Portal and Services. The User should take independent legal advice to evaluate the consequences of using the Services before accepting this Terms of Use or using the Services. ### SECTION 8. GENERAL RISKS 8.1 Suitability: You should decide to use any Service provided by Ramen only after due and careful consideration. You should determine whether a Product is appropriate in light of your experience in similar transactions, your objectives in engaging with Ramen, financial resources and other relevant circumstances. If you are unsure that the Product is suitable, you should obtain independent legal, tax or financial advice. 8.2 Fees: Before using the Services, the User should obtain details of all commissions, fees and other charges for which the User will be liable. 8.3 Not a Research Report: Any content provided by Ramen does not purport to be, and is not intended to be, a "research report" or "investment research". 8.4 Commercial Arrangements: Ramen may have a relationship with other entities which may not be disclosed to you. ### SECTION 9. PRIVACY Please refer to Ramen's privacy policy for information about how Ramen collects, stores, and processes information about the User. ### SECTION 10. PROPRIETARY RIGHTS 10.1 Intellectual Property Rights Ownership: Ramen owns all intellectual property and other rights in the Portal, together with their contents, including, but not limited to, software, text, images, trademarks, service marks, copyrights, patents, and designs. Unless expressly authorised by Ramen, the User may not copy, modify, adapt, rent, license, sell, publish, distribute, or otherwise permit any third party to access or use Ramen's Portal with its contents. Accessing or using Ramen's Portal or Services does not constitute a grant to you of any proprietary intellectual property or other rights in the Interface or its contents. 10.2 Trademarks: Any of Ramen's names, logos, and other marks used in the Portal or as a part of the Services, including Ramen's name and logo, are trademarks owned by Ramen, its Affiliates or its applicable licensors. You may not copy, imitate or use such Trademarks without Ramen's (or the applicable licensor's) prior written consent. ### SECTION 11. CHANGES, SUSPENSION AND TERMINATION 11.1 Changes to Services: Ramen may, in its sole discretion, from time to time and with or without prior notice to the User, modify, suspend or disable, temporarily or permanently, the Portal or the Services, in whole or in part, for any reason whatsoever, including, but not limited to, as a result of a security incident. 11.2 No Liability: Ramen will not be liable for any losses suffered by the User resulting from any modification to the Portal or any Services or from any suspension or termination, for any reason, of your access to all or any portion of Ramen's Portal or Services. 11.3 Survival: These Terms will survive any termination of your access to Ramen's Portal or Services, regardless of the reasons for its expiration or termination, in addition to any other provision which by law or by its nature should survive. ### SECTION 12. ELECTRONIC NOTICES The User consents to receive all communications, agreements, documents, receipts, notices, and disclosures electronically (collectively, our "Communications") that Ramen provides in connection with these Terms or any Services. The User agrees that Ramen may provide Communications to him by posting them on the Portal or by emailing them to the User at the email address provided in connection with the User's use of the Services if any. The User should maintain copies of Ramen's Communications by printing a paper copy or saving an electronic copy. The User may also contact Ramen's support team to request additional electronic copies of Communications by filing a support request at . ### SECTION 13. INDEMNIFICATION The User will defend, indemnify, and hold harmless Ramen, its Affiliates, and its Affiliates' respective shareholders, members, directors, officers, employees, attorneys, agents, representatives, suppliers and contractors (collectively, "Indemnified Parties") from any claim, demand, lawsuit, action, proceeding, investigation, liability, damage, loss, cost or expense, including without limitation reasonable attorneys' fees, arising out of or relating to: (a) The User's use of, or conduct in connection with, the Portal or the Services; (b) Berachain Blockchain assets associated with the User's Berachain Address; (c) Any feedback or user content the User provides to the Portal if any; (d) The User's violation of these Terms; or (e) The User's infringement or misappropriation of the rights of any other person or entity. If the User is obliged to indemnify any Indemnified Party, Ramen (or, at its discretion, the applicable Indemnified Party) will have the right, in its sole discretion, to control any action or proceeding and to determine whether Ramen wishes to settle, and if so, on what terms. ### 14. DISCLOSURES AND DISCLAIMERS The Portal and the Services are provided on an “as is” and “as available” basis. The Indemnified Parties make no guarantees in connection with the Portal or the Services. To the maximum extent permitted under applicable law, the Indemnified Parties disclaim all warranties and conditions, whether express or implied, of merchantability, fitness for a particular purpose, or non-infringement and disclaim all responsibility and liability for: (1) the Portal or the Services being inaccurate, incomplete, out of date, unreliable, interrupted, untimely, unsecure, or subject to errors or other issues. Information (including, without limitation, the value or outcome of any transaction) available through the Portal is provided for general information only and should not be relied upon or used as the sole basis for making decisions. Any reliance on the Services is at your own risk; and (2) viruses, worms, trojan horses, time bombs, cancelbots, spiders, malware or other types of malicious code that may be used to affect the functionality or operation of the Portal or Services. You expressly acknowledge, understand, and agree that the Services may contain audio-visual effects, strobe lights or other materials that may affect your physical senses or physical condition. The User expressly acknowledges that the Indemnified Parties are not liable for loss or damage caused by another User’s conduct, unauthorized actors, or any unauthorized access to or use of the Portal or Services. ### 15. LIMITATION OF LIABILITY The Indemnified Parties shall, in no event, be liable for any incidental, indirect, special, punitive, consequential or similar damages or liabilities whatsoever (including, without limitation, damages for loss of data, information, revenue, goodwill, profits or other business or financial benefit) arising out of or in connection with the Portal and the Services (and any of their content and functionality), any execution or settlement of a transaction, any performance or non-performance of the Services, the User's BERA, Product outcome, Service or other item provided by or on behalf of Ramen, whether under contract, tort (including negligence), civil liability, statute, strict liability, breach of warranties, or under any other theory of liability, and whether or not Ramen has been advised of, knew of or should have known of the possibility of such damages and notwithstanding any failure of the essential purpose of these Terms or any limited remedy hereunder. This limitation of liability shall apply to the fullest extent permitted by law. ### 16. RELEASE OF CLAIMS You expressly agree that you assume all risks concerning your access to and use of Ramen's Portal or Services. Additionally, you expressly waive and release us from any liability, claims, causes of action, or damages arising from or in any way relating to your access to and use of Ramen's Portal or Services. ### 17. THIRD-PARTY RESOURCES AND PROMOTIONS Ramen's Portal or Services may contain references or links to third-party resources, including, but not limited to, information, materials, products, or services that we do not own or control. In addition, third parties may offer promotions related to your access and use of Ramen's Portal or Services. We do not endorse or assume responsibility for such resources or promotions. If you access any such resources or participate in such promotions, you do so at your own risk, and you understand that the Terms do not apply to your dealings or relationships with any third parties. You expressly relieve us of any liability arising from your use of any such resources or participation in any such promotions. ### 18. GOVERNING LAW AND DISPUTE RESOLUTION These Terms shall be governed by, and construed in accordance with, the laws of the Republic of Panama. We will use our best efforts to resolve potential disputes through informal, good-faith negotiations. If a potential dispute arises, you must first contact us by email at so we can attempt to resolve it without resorting to formal dispute resolution. If we cannot reach an informal resolution, then you and Ramen agree to determine the potential dispute according to the process below. This arbitration agreement shall be governed by the laws of the Republic of Panama; All disputes arising out of or in connection with this Agreement shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the aforementioned Rules. No award or procedural order made in the arbitration shall be published. The language of the arbitration shall be English. Notwithstanding any other provision of these Terms, you agree that Ramen has the right to apply for injunctive remedies (or an equivalent type of urgent legal relief) in any jurisdiction. ### 19. ENTIRE AGREEMENT The Terms, including the Privacy Policy, constitute the entire agreement between the User and Ramen with respect to the subject matter hereof. The Terms, including the Privacy Policy, supersede any prior or contemporaneous written or oral agreements, communications and other understandings relating to the subject matter of the Terms. ### 20. CONTACT US Please send your feedback, comments, or requests for technical support to . # Privacy Policy ## Ramen Privacy Policy Last updated June 24th 2024 At Ramen Labs S.A. (hereafter “Ramen Labs”, "we", "us", "our"), protecting the privacy of our users is a top priority. This Privacy Policy explains how we collect, use, and share information when you use our product, Ramen Finance, accessible via our website and application (collectively referred to as the “Interface”). This privacy policy is intended to inform you about the processing of your personal data when you access and/or use our Interface (the “Privacy Policy”, the “Policy”). Therefore, it applies to all your interactions with us via our Interface. We advise you to read this Policy carefully to understand how we collect and process data and for which purpose. This Privacy Policy does not apply to any processing of data collected via channels other than the Interface (including any other services or applications provided by third parties). For those, we advise you to consult the corresponding and applicable privacy policies. We advise you to read this Policy carefully to understand our practices regarding your personal data and how we treat it. ### SECTION 1. Identity of the Data Controller We, Ramen Labs S.A., act as the data controller of your personal data. This means we decide “why” and “how” your personal data is processed in connection with the Interface and in line with this Policy. ### SECTION 2. Categories of Data We Process When you use the Interface, the only category of data we collect is limited to the following: Blockchain Wallet Address: We collect your blockchain wallet address to facilitate the functionality of our Interface. ### SECTION 3. How and Why We Use Your Personal Data We process your personal data for the following purposes and on the following legal bases: **Purpose:** To provide the Interface and perform maintenance work\ **Legal Basis**: Legitimate interest to optimize our tools and ensure user satisfaction\ **Categories of Data Concerned**: Blockchain wallet address **Purpose:** To communicate with you and answer your queries, and provide support\ **Legal Basis**: Legitimate interest to ensure proper communication\ **Categories of Data Concerned**: Blockchain wallet address **Purpose:** To maintain a secure environment and ensure security\ **Legal Basis**: Legitimate interest to ensure compliance with applicable laws and security\ **Categories of Data Concerned**: Blockchain wallet address ### SECTION 4. Transfer of Personal Data We do not transfer your personal data outside the jurisdictions where we operate except as otherwise provided for in this Policy. All data processing is conducted within our secure systems. ### SECTION 5. Data Retention Period We retain your personal data only for as long as necessary for the purposes specified in this Policy and in accordance with applicable laws. This means the retention periods may vary depending on the purpose of the processing. When determining the appropriate retention period, we consider the category and amount of personal data, potential risks and harm, specific processing purposes, availability of alternative means, and applicable legal requirements. ### SECTION 6. Your Rights In accordance with applicable personal data protection regulations, including the GDPR, you have the following rights: access, rectification, deletion, objection, restriction of processing, and data portability of your personal data. Please note that some of these rights are subject to specific conditions. If your situation does not meet these conditions, we may not be able to respond to your request. We will inform you of the reasons for any refusal. * Right of access: You may request access to your personal data at any time. * Right of rectification: You have the right to ask us to rectify any inaccurate or incomplete personal data. * Right to erasure / to be forgotten: You can ask us to delete your personal data if it is no longer necessary for the processing. * Right to restriction of processing: You may request that we restrict the processing of your personal data on grounds relating to your particular situation. * Right to data portability: You may request portability of the personal data you have provided us with. * Right to object: You may object at any time to our processing of your personal data. * Right to withdraw consent: You have the right to withdraw consent at any time for processing based on consent. ### SECTION 7. Residents of the EEA (European Economic Area) If you are a resident of the European Economic Area (“EEA”), you have certain rights and protections under the law regarding the processing of your personal data. 7.1.Legal Basis for Processing If you are a resident of the EEA, when we process your personal data we will only do so in the following situations: We need to use your personal data to perform our responsibilities under our contract with you. We have a legitimate interest in processing your personal data. For example, we may process your personal data to send you marketing communications, to communicate with you about changes to our Services, and to provide, secure, and improve our Services. You have consented to the processing of your personal data for one or more specific purposes. 7.2.Data Subject Requests If you are a resident of the EEA, you have the right to access personal data we hold about you and to ask that your personal data be corrected, erased, or transferred. You may also have the right to object to, or request that we restrict, certain processing. If you would like to exercise any of these rights, you can contact us as indicated below. 7.3.Questions or Complaints If you are a resident of the EEA and have a concern about our processing of personal data that we are not able to resolve, you have the right to lodge a complaint with the data privacy authority where you reside. For contact details of your local Data Protection Authority, please see: ; ### SECTION 8. Contact Us If you have any questions regarding the processing of your personal data under this Policy, including exercising your rights, contact us by email at . ### SECTION 9. Changes to this Privacy Policy We periodically review this Policy to ensure compliance with applicable data protection regulations. Updates will be posted on this page. We encourage you to review this Policy regularly. Any modifications will take effect when posted or on the specified effective date. Your continued access and use of the Interface indicate your acknowledgment and acceptance of the updated Privacy Policy.