RAMP is a revolutionary DeFi protocol that offers a unique opportunity for individuals without Ethereum to participate in staking on ETH platforms. This innovative decentralized protocol aims to drive DeFi adoption by providing staking services to users who do not own Ethereum. Furthermore, Ethereum holders can also benefit from the RAMP protocol to maximize their yields.
RAMP streamlines the process of transactions by allowing users to directly purchase cryptocurrencies through decentralized applications (dApps), serving as a new type of on-ramp. By consolidating multiple liquidity sources and payment methods into one platform, RAMP ensures fast transactions for users and seamless integration for developers.
To enable non-ERC-20 tokens to take advantage of staking, RAMP collateralizes rUSD stablecoins on the Ethereum network. This enables users to earn staking rewards, unlock liquidity from staked assets, and achieve capital efficiency. Users on the Ethereum blockchain can deposit their ERC-20 tokens into the eUSD liquidity pool on the RAMP platform to generate eUSD, facilitating easy trading for both rUSD and eUSD holders. The creation of RAMP was motivated by the rapid expansion and inefficiencies of the over $300 billion staked economy.
RAMP was founded through the collaboration of Lawrence Lim and Loh Zheng Rong. Prior to RAMP, Lim played a significant role at IOST and led global sales at TradeGecko, while Loh Zheng Rong co-founded NOX Pte Ltd and served as a senior advisor at Merkle Ventures LLP.
For those interested in buying RAMP Coin, the coin can be securely purchased and traded on Binance, the world’s largest cryptocurrency exchange by trading volume. RAMP Coin is currently available in RAMP/BTC, RAMP/BUSD, and RAMP/USDT pairs, with a current trading price of $0.21.
To purchase RAMP Coin on Binance, users must first register on the platform. Following registration, users can fund their Binance wallet with cryptocurrency or fiat currency and proceed to buy RAMP through any of the mentioned trading pairs. To purchase RAMP Coin using the USDT pair, users can navigate to 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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