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RAMP
Price
$ 0.059913
Total Raised
The major part of innovations in the DeFi ecosystem happen in the Ethereum blockchain-based on main landing platforms such as Maker, Aave, and Compound as well as on the basis of the widespread stablecoins. Read More
The major part of innovations in the DeFi ecosystem happen in the Ethereum blockchain-based on main landing platforms such as Maker, Aave, and Compound as well as on the basis of the widespread stablecoins. RAMP is a decentralized protocol that is designed to accelerate DeFi adoption. It can be thought of as a bridge to DeFi for other blockchains. It focuses on unlocking liquid capital in digital assets frozen in the staking process. Users with staked assets can continue to earn staking rewards and maintain capital growth potential for their staking portfolio, but through RAMP, they gain yet another opportunity to make a profit by being able to invest liquid capital. RAMP is the platform's native utility token that can be used for the following functions: governance, collateral, farming, and liquidity mining. If you are wondering what the current price of RAMP is, this page has a live RAMP price chart in USD. What are RAMP’s key features and how does it work?One of the best things about RAMP is that it allows people to unlock and double or even triple their profits. How does it work? When staking some type of coin, individuals typically need to freeze some amount of their money to be able to receive the staking rewards. Thanks to RAMP, they can get a dollar stablecoin equivalent to the amount staked and use these coins to make even more money through DeFi farming.In other words, the funds invested on blockchains that are not supporting ERX20 tokens can be backed by the “rUSD” stablecoin, which is minted on the Ethereum blockchain. To make this possible, users who have ERC20 stablecoins can deposit them into the eUSD RAMP liquidity pool to mint eUSD. This pool will allow holders of either token to freely borrow, lend or exchange rUSD/eUSD, creating seamless “on/off ramp” liquidity for users with locked capital. The eUSD holders earn interest on lending their digital wealth, as well as the ability to provide liquidity through DeFi protocols, while rUSD can be exchanged for USDT or USDC or used in other DeFi protocols for additional profit. What makes RAMP noteworthy?Users who have already invested their money into other cryptocurrencies (not connected with Ethereum blockchain) were not able to benefit from the DeFi system impressive growth and take advantage of the DeFi products deployed on Ethereum. Now, they are either waiting for their capital to grow or use staking, if possible, to earn additional interest. If these individuals want to participate in DeFi without additional investments, they would have to take out funds from their current portfolios, which obviously means lost profits. RAMP crypto project has a distinctive feature that makes it stand out from the crowd and drives the RAMP market price up. Ethereum, Avalanche, Polkadot, and every other major proof-of-stake chain will be able to use RAMP. Considering that liquid staking has a billion-dollar market, RAMP is a truly noteworthy project. Where can you buy RAMP?RAMP is a crypto token and can be exchanged for other cryptocurrencies on many popular exchanges, such as Uniswap, Gate.io, MEXC, and Binance. The price of RAMP can vary from one exchange to another, so check out the full list of exchanges that offer this token and the corresponding RAMP price, including the high and low levels for the past 24 hours.