Place/Date: Amsterdam, Netherlands - February 14th, 2022 at 1:57 pm UTC · 3 min read
Contact: Emily Chivonne Francis, Source: Ratio Finance
Ratio Finance is pleased to announce that it will launch its governance token, $RATIO, on Republic, the world’s largest crowdfunding platform. The sale will begin to take place at 10 AM EST / 4 PM CET on Feb 17th, 2022, and will allow investors in the United States and globally to participate. Ratio Finance is also pleased to announce that it has raised another $2.5M before the public sale, led by Republic Labs.
$RATIO controls the Ratio Finance Protocol, an advanced risk management framework on Solana to issue decentralized financial instruments.
The Ratio platform is designed to help investors visualize the risks they are taking when entering a specific LP position, which will aid traditional retail investors and crypto-native investors alike when balancing their risk portfolios. Furthermore, the quantitative outputs will be available for use in every DeFi protocol, allowing for protocols to help mitigate their internal risk. Finally, the data created could help onboard traditional hedge funds and institutional investors into the crypto space by allowing them to create diverse portfolios and allow for hedging against their risk. These options were previously unavailable due to the blockchain ecosystem’s lack of risk metrics and data.
The Ratio platform was conceived to allow users to use their existing LP to take out loans while still gaining yield, thus potentially using their earnings to pay back debt. As more types of collateral become available on-chain, their risk will be assessed by the protocol’s native algorithms, which traders could use to make more informed decisions or create novel financial instruments. Participating in the governance of the Ratio Finance platform will allow both retail and institutional investors, help shape the future of open finance.
Samiar Tehrani, Co-founder of Ratio Finance:
“We are excited to be working with Republic for our token distribution event for many reasons. Their compliance, commitment to excellence, and global network will help us distribute the $RATIO governance token to a wider audience which will contribute to the decentralization of our protocol.”
Andrew Durgee, Head of Crypto and Tokenization at Republic:
“Republic Crypto could not be more excited to support Ratio Finance as both companies have a focus on helping crypto native and traditional retail investors alike. That alignment was deeply built into the cultures of both institutions from the start. Clearly, this is just the beginning for Ratio as they quickly find themselves as a cornerstone within Fintech itself.”
Ratio Finance is a risk-adjusted collateralized debt position (CDP) project on Solana with self-paying loans. The team of Ratio Finance is comprised of traditional finance experts that help investors make informed decisions on the types of collateral that they can provide on the Ratio Finance platform. It is the mission of Ratio Finance to de-risk de-fi and to build the bedrock of open finance.
Disclaimer: $RATIO will only be sold pursuant to a private placement memorandum and will be subject to a number of conditions, including lock-ups and transfer restrictions, as described in the private placement memorandum. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The offer and sale of $RATIO has not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and $RATIO may not be offered or sold within the United States unless (i) the offer and sale thereof is registered pursuant to an effective registration statement under the U.S. Securities Act and applicable state securities laws or (ii) an exemption from the registration requirements of the U.S. Securities Act is available, and in any event in compliance with applicable state law. The offer and sale of $RATIO in the United States will be conducted in a private placement in reliance on Rule 506(c) of Regulation D, promulgated under the U.S. Securities Act only to “accredited investors” as defined in Regulation D. $RATIO will be sold to persons that are not U.S. Persons (as that term is defined in Rule 902(k) of Regulation S, promulgated under the U.S. Securities Act ("Regulation S")) pursuant to Regulation S and may not be reoffered or resold pursuant to an applicable exemption from the registration requirements of the U.S. Securities Act. This notice should not be construed as an offering of securities or as investment advice or any recommendation as to an investment or other strategy by Republic Core LLC (“Republic Core”) or Republic Crypto LLC d/b/a Republic Advisory Services (“Republic Advisory Services”) or any of their affiliates. Republic Core is being compensated $250,000 in cash and Republic Advisory Services is being compensated $250,000 worth of tokens, or 500,000 tokens (calculated at a price of $0.50 per token). Neither Republic Core nor Republic Advisory Services nor any of their affiliates has independently verified any of the information provided or makes any assurances as to the completeness, accuracy or reliability of any such information provided by Phi Ventures Limited and Ohm Ventures Foundation. This web page may contain external links to third-party content (content hosted on sites unaffiliated with Republic Core or Republic Advisory Services), and neither Republic Core nor Republic Advisory Services nor any of their affiliates makes any representations whatsoever regarding any third-party content/sites that may be accessible directly or indirectly from this post. Linking to any such third-party sites in no way implies or constitutes an endorsement or affiliation of any kind between Republic Core or Republic Advisory Services (or any of its affiliates) and any third-party. Republic Core and Republic Advisory Services are subsidiaries within a family of companies owned by OpenDeal Inc. (together sometimes referred to as "Republic"). Republic and its affiliates do not provide tax, accounting or legal advice — all recipients are advised to consult with their own advisers.