RAMP is an innovative DeFi protocol that enables users without Ethereum to stake their tokens on ETH platforms. This decentralized protocol aims to boost DeFi adoption by providing staking services on ETH platforms, not just for Ethereum holders but also for non-ERC-20 token holders.
RAMP streamlines transactions by allowing users to directly purchase cryptocurrencies through dApps, serving as a unique on-ramp. By consolidating various liquidity sources and payment methods into one platform, RAMP offers quick transactions for users and seamless integration for developers.
To allow non-ERC-20 tokens to participate in staking, RAMP collateralizes rUSD stablecoins on the Ethereum network. This mechanism enables users to earn staking rewards, unlock liquidity from staked assets, and achieve capital efficiency. By depositing ERC-20 tokens into the eUSD liquidity pool on the RAMP platform, Ethereum blockchain users can generate eUSD for trading, benefiting both rUSD and eUSD holders.
The creation of RAMP was a response to the rapid growth and inefficiencies in the over $300 billion staked economy. The project was founded through the collaboration of Lawrence Lim, who previously led IOST and held a global sales role at TradeGecko, and Loh Zheng Rong, who co-founded NOX Pte Ltd and worked as a senior advisor at Merkle Ventures LLP.
Interested in buying RAMP Coin? You can securely trade it on Binance, the world’s largest cryptocurrency exchange by trading volume. RAMP Coin is currently trading in RAMP/BTC, RAMP/BUSD, and RAMP/USDT pairs at a price of $0.21 at the time of writing.
To purchase RAMP Coin on Binance, simply sign up on the platform, deposit cryptocurrency or fiat currency into your Binance wallet, and proceed to buy RAMP through any of the trading pairs available. For example, to buy RAMP Coin using the USDT pair, visit the RAMP/USDT trading interface, enter the desired amount in the limit section, and click “Buy RAMP” to complete the transaction.
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