📄Overview

Disclaimer: None of the information provided in this article constitutes financial advice. It’s important to remember that engaging with DeFi carries inherent risks, and individuals should conduct thorough research and exercise caution when engaging with DeFi projects.

About RAM on EOS

RAM on EOS is essentially decentralized state data. It is one of three resources that users & developers can leverage to interface with the EOS network. A truly finite real world asset, it represents the physical hardware that EOS node operators are running in their servers. BRAM & WRAM are wrapped versions of RAM which can be acquired through exchanges and DeFi protocols.

A High Level Overview of How to Purchase RAM on EOS

Users can buy RAM from the network’s RAM markets with EOS and resell it if unused. In some scenarios a user can even delete the data written to the RAM to retrieve it. In order to purchase RAM, a user needs to:

• Create an EOS account

• Acquire EOS on an exchange & send it to their account

• Purchase EOS through a platform like

  • Defibox

  • RAMS EOS

What Can You Do With RAM?

Once you have some RAM in your account, there are a number of things you might consider doing with it, such as:

• Using it to power your future account transactions

• Build dApps (decentralized applications) on top of it

• Stake it to earn BTC & EOS

• Engage in the Droplets ecosystem

Dive Deeper Into RAM

RAM has gone through some major changes in recent month to increase the utility on the EOS Network. If you'd like to learn more about this critical piece of ecosystem infrastructure, check out the following resources:

• EOS RAM: The Hidden Gem of Blockchain Infrastructure

• EOS RAM Evolution: Unlocking New Capabilities

• EOS Wrapped RAM (WRAM): Catalyzing Global Expansion in Blockchain Resource Accessibility

• A New Era in EOS Tokenomics, Part I: Unlocking Economic Potential

• A New Era in EOS Tokenomics, Part II: Transforming EOS Staking Rewards

• EOS Network Approves Tokenomics Proposal, Ushering in a New Era for EOS

Disclaimer

The content covered in this website is NOT to be considered as investment advice. The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any user. This website is presented solely for informational purposes and is not to be construed as a recommendation, solicitation, or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies, or any related financial instruments.

Trading and/or investing in cryptocurrency and/or any related commodities/securities/derivatives/instruments is extremely high risk and you can very easily lose all of your investment capital! You should always consult with a professional/licensed financial adviser before trading or investing in any asset, security, commodity, derivative, or cryptocurrency-related instrument!