Ludicrously high ante, flat betting structure.

[Smasharoo]

Couple of quick theoretical questions I'm fairly sure I know the answers to, but not certain.

Room near where I live spreads stud with a very non standard structure. The ante and the bring in are the same amount and then all betting is done in increments 2x the bring in on every street.

So for the sake of argument, $1 ante, $1 Bring in, $2/$2.

What's optimal strategy?

It seems that raising would be correct almost always with any cards if there's much chance anyone will fold. Is this correct?

It seems folding any starting hand would be -EV. Is this correct?

Thanks.