ramp logo download PNG or SVG

Information about ramp

RAMP DeFi is a decentralized protocol designed to increase the adoption of decentralized finance (DeFi) by enabling individuals who don't use Ethereum to stake their tokens on Ethereum platforms. Simultaneously, Ethereum users can engage with the RAMP protocol to enhance their returns. The RAMP DeFi platform facilitates the collateralization of non-ERC-20 staking blockchains' staked capital into rUSD, a stablecoin issued on the Ethereum blockchain. This results in an optimal utilization of digital assets by maximizing capital efficiency, allowing users to earn staking rewards, unlock liquidity from staked assets, and stack multiple yield streams simultaneously. Meanwhile, users already operating on the Ethereum blockchain can generate eUSD by depositing their ERC20 stablecoins into RAMP's eUSD liquidity pool. This enables rUSD and eUSD holders to freely exchange, lend, or borrow both tokens, facilitating liquidity for users with capital locked in staking arrangements. RAMP's development was driven by the significant growth of the staking economy, surpassing $300 billion in 2021, and the inefficiencies present in its respective markets.

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