RAMP is a revolutionary DeFi protocol that provides an opportunity for individuals without Ethereum to stake their tokens on ETH platforms.
Overview
RAMP (RAMP) is a decentralized protocol with the primary goal of increasing DeFi adoption by offering staking services on ETH platforms to users who do not possess Ethereum. Furthermore, Ethereum holders can utilize the RAMP protocol to optimize their yields.
RAMP streamlines transactions by enabling users to directly purchase cryptocurrencies through dApps, serving as a unique on-ramp. By consolidating various liquidity sources and payment methods in one platform, RAMP ensures speedy transactions for users and seamless integration for developers.
To enable non-ERC-20 tokens to participate in staking, RAMP collateralizes rUSD stablecoins on the Ethereum network. This allows users to earn staking rewards, unlock liquidity from staked assets, and improve capital efficiency. Ethereum blockchain users 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 inspired 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 spearheaded 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.
Where to Purchase RAMP Coin?
RAMP Coin can be securely bought and sold on Binance, the world’s leading cryptocurrency exchange by trading volume. RAMP Coin is currently available in RAMP/BTC, RAMP/BUSD, and RAMP/USDT pairs, with a trading value of $0.21 at the time of writing.
To acquire RAMP Coin on Binance, users must first register on the platform. Following registration, they can deposit cryptocurrency or fiat currency into their Binance wallet. Subsequently, they can proceed to purchase RAMP through any of the three trading pairs mentioned. For purchasing RAMP Coin using the USDT pair, users should navigate to the RAMP/USDT trading interface, input the desired amount in the limit section, and click “Buy RAMP” to finalize the purchase.
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Disclaimer: The information provided in this article is not to be construed as investment advice. Investors should be mindful of the high volatility and risks associated with cryptocurrencies, and conduct their own research before making any investment decisions.
