RAMP is a revolutionary DeFi protocol that allows individuals without Ethereum to stake their tokens on ETH platforms.
RAMP (RAMP) is a decentralized protocol designed to boost DeFi adoption by providing staking services on ETH platforms to users who do not possess Ethereum. It also enables Ethereum holders to maximize their yields by interacting with the RAMP protocol. For all the latest financial and business news, visit COINTURK FINANCE.
By enabling direct cryptocurrency purchases through dApps, RAMP streamlines transactions and serves as a novel on-ramp. It brings together various liquidity sources and payment methods in one place to offer swift transactions for users and seamless integration for developers.
To allow non-ERC-20 tokens to benefit from staking, RAMP collateralizes rUSD stablecoins on the Ethereum network. This allows users to earn staking rewards, unlock liquidity from staked assets, and achieve capital efficiency. Users of the Ethereum blockchain can deposit their ERC-20 tokens into the eUSD liquidity pool on the RAMP platform to generate eUSD. This facilitates easy trading for both rUSD and eUSD holders. The creation of RAMP was inspired by the rapid growth and inefficiency of the over $300 billion staked economy.
RAMP was founded through the collaboration of Lawrence Lim and Loh Zheng Rong. Prior to RAMP, Lim led IOST and oversaw global sales at TradeGecko, while Loh Zheng Rong co-founded NOX Pte Ltd and served as a senior advisor at Merkle Ventures LLP.
Interested in purchasing RAMP Coin? You can securely buy and sell RAMP Coin on Binance, the largest cryptocurrency exchange in the world by trading volume. Currently, RAMP is being traded in RAMP/BTC, RAMP/BUSD, and RAMP/USDT pairs, with a trading price of $0.21 at the time of writing.
To buy RAMP Coin on Binance, you must first register on the platform. Once registered, deposit cryptocurrency or fiat currency into your Binance wallet. Afterward, you can proceed to purchase RAMP through any of the three trading pairs mentioned above. For example, to purchase RAMP Coin using the USDT pair, 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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Disclaimer: The information provided in this article is not investment advice. Investors should be aware of the high volatility and risk associated with cryptocurrencies and conduct their own research.
