Wrapped RAM
Wrapped RAM (WRAM) is a tokenized version of the system RAM on the Vaulta (EOS) blockchain. It allows users to convert their RAM into a tradable token, enhancing liquidity and flexibility in managing this vital resource.
Benefits of WRAM
Enhanced Liquidity
Trade WRAM tokens on various exchanges, making RAM more accessible and liquid.
Off-Chain Trading
Facilitates off-chain trading of RAM resources, expanding market reach.
Transparent Valuation
Track WRAM on platforms like CoinMarketCap and CoinGecko for accurate market capitalization and valuation.
Interoperability
Bridge WRAM to other blockchains like Ethereum and BNB Chain, enabling trading on decentralized exchanges such as Uniswap and PancakeSwap.
Security and Management
Managed directly by EOS Block Producers, ensuring enhanced security and regulatory compliance.
How WRAM Works
WRAM operates through a smart contract (eosio.wram) on the EOS Native chain. Users can wrap and unwrap RAM as follows:
Wrap: Convert system RAM bytes into WRAM tokens, which are credited to your account.
Unwrap: Convert WRAM tokens back into system RAM bytes, retiring the WRAM tokens.
This process is facilitated by the EOS system contract v3.3.0 upgrade, which introduced enhanced RAM management capabilities.
Fees and Transactions
Wrapping Fees: A nominal 0.5% fee is applied when using
buyramandbuyrambytesactions to issue WRAM tokens.Transfers: No fees are applied when using the
ramtransferaction for WRAM issuance, promoting efficient RAM management.
WRAM Specifications
Token Symbol
WRAM
Contract Account
eosio.wram
Precision
0
Max Supply
418,945,440,768 bytes (approximately 390 GB)
Takeaway
By tokenizing RAM, WRAM enhances the flexibility and accessibility of this critical resource within the Vaulta ecosystem, opening new avenues for trading and resource management.
Resources
For more detailed information on WRAM:
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