Our Next Chapter — Hungrybera NFT Launch

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13 Feb 2024
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Ramen Finance was built on a strong foundational conviction that Berachain will emerge as a leading alt-L1 network hosting a vibrant, cult-like DeFi ecosystem. Since the highly-anticipated launch of the Berachain public testnet, it has become increasingly clear that our bullish-outlier view of Berachain is now validated and affirmed.

As we grew our community, we realized that we have this unique and valuable opportunity to establish Ramen Finance as a true community-owned protocol on Berachain, governed by its users. This gives an equitable opportunity for supporters and users to have an active voice in our growth and to align their interests with the long-term success of the protocol.

Staying true to the course, the funding of Ramen Finance will be exclusively community-driven without any involvement of venture capital or private token sales. This prevents any single entity from possessing an unfair advantage over the community, while ensuring that Ramen Finance becomes a sufficiently decentralized, grassroots-driven protocol that serves as a public good to the community and ecosystem.

To initiate the community fundraising process for Ramen Finance, we will be launching the Hungrybera NFT collection.

Launch Details


Overview



Supply: 7,500 Hungrybera NFTs
Network: Arbitrum One
Mint Date: 21 February 2024
Mint Stages:

  • Airdrop: 300
  • Priority Mint: 6,000
  • Public Mint: 1,200


Airdrop



300 Hungrybera NFTs will be reserved for the airdrop. In this allocation, 100 Hungrybera NFTs will be airdropped to 100 community members with the ‘RamenList’ role in our Discord server. The ‘RamenList’ role is a recognition to our most active community members and contest winners.

Priority Mint



Summary

  • Allowlist for reserved allocation during the Priority Mint window
  • Mint Hungrybera NFTs at a discounted price
  • Win Priority Mint spots through the Lottery and Community Campaigns
  • Allocation cap per wallet: 6


For allowlisted participants, your mint allocations will be reserved during the Priority Mint window and you will be able to mint Hungrybera NFTs at a discounted price.

The Priority Mint allocation is split in two phases and you can earn Priority Mint spots through these two methods.

Priority Mint Lottery



Summary

  • Date of Priority Mint Lottery: To be announced in Discord server
  • Lottery 1: Token-gated for ecosystem NFT holders (majority allocation)
  • Lottery 2: Participants of Berachain testnet (minority allocation)
  • Win 2 reserved mint allocation per wallet for the Priority Mint
  • The snapshot of eligible wallets will be announced before the Lottery begins


To participate in Lottery 1, you will be required to own at least one of the following Berachain ecosystem NFTs:

  • Bong Bears (6x Multiplier)
  • Bond Bears (6x Multiplier)
  • Boo Bears (6x Multiplier)
  • Baby Bears (6x Multiplier)
  • Band Bears (6x Multiplier)
  • Bit Bears (6x Multiplier)
  • Honey Comb (1x Multiplier)
  • Baka Bears (2x Multiplier)


The odds of winning the lottery increases with the number of ecosystem NFTs you own. For example, if Noral owns 5 Bit Bears, 10 Baka Bears, and 20 Honey Combs, she will have a total of 70 entries to the lottery — her odds of winning is 70x higher than someone with only 1 Honey Comb NFT.

To participate in Lottery 2, you have to be a Berachain testnet participant. There is no multiplier; one wallet = one entry.


The Lottery dApp will be hosted on the Ramen Finance website. The snapshot of all eligible addresses will be taken shortly before the lottery begins — further instructions will be announced in the Ramen Finance Discord server closer to the date.

Community Campaigns

You can win Priority Mint allocation from participating partners and communities in the Berachain ecosystem. We will be giving a fixed number of Priority Mint spots to partnering communities, and these spots will be given out via mechanisms of their choice e.g. contests, giveaways, raffles, etc. Each Priority Mint spot grants you a reserved allocation of up to 2 Hungrybera NFTs.

We will announce the participating partners and communities in our Discord server.
You can also earn a Priority Mint spot in the Ramen Finance Discord server. We will be rewarding our early supporters, active community members, and contest winners with the ‘RamenOG’ role to indicate that you have won a Priority Mint spot.

Limits

You can earn and stack mint allocations, but the individual cap is 6 mint allocations.

For example:

  • Noral wins the Priority Mint Lottery: 2 mint allocations
  • Noral wins a giveaway with The Honey Jar: 2 mint allocations
  • Noral wins a giveaway with Ramen Finance: 2 mint allocations
  • In total, Noral can mint up to 6 Hungrybera NFTs in the Priority Mint window


There will be a Priority Mint allocation checker hosted on Ramen Finance website. You will be able to check how many mint allocations you have earned via the allocation checker.


Public Mint

  • Allocation for the Public Mint is 1,200
  • All unused allocation balance from the Priority Mint will be moved to the Public Mint
  • There are no mint limits per wallet, and will be first-come-first served until the supply is minted completely


Join our Discord Server

The Ramen Finance team is thrilled to begin our next chapter on Berachain and we hope you’re ready for what’s to come. We will reveal specific information about the NFT mint price, snapshots, lottery details, and campaigns in our Discord server so join us to receive the latest updates.

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Questions? Send us a ticket on our server, or join us for our upcoming Office Hour community call where we share more about our progress and answer your burning questions.

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