RAMP (RAMP) Preis

What is RAMP and how does RAMP work? RAMP is a Multi-chain decentralized finance lending platform where you can deposit collateral assets for high yield, borrow rUSD against asset deposits, and transfer rUSD liquidity easily across networks.

RAMP in a Nutshell

• Optimized Lending - RAMP is a decentralized finance platform that provides users the highest deposit yields with low borrowing fees on collateral assets within the Binance Smart Chain (BSC) and Polygon network.

• Borrow Stable Coin Liquidity - Users can borrow rUSD, stablecoin, by using their asset deposits as collateral. Userbase can also utilize rUSD liquidity directly on the automated market makers or AMM such as Pancakeswap and Quickswap.

• Cross-Chain rUSD Transfers - Users can use collateral assets to generate high-yield revenue for users, and the borrowed rUSD can be transferred easily between networks. On the other hand, the users can borrow using BSC assets and send rUSD to the Polygon network to buy new tokens on Quickswap.

When was RAMP launched?

The RAMP collateralized token was initially launched in April 2021. The project is supported by well-known blockchains like Binance Smart Chain, Solana, and Polkadot. RAMP DeFi is backed by several well-known venture capitalists like Parafi Capital, Alameda Research, Blockwater Capital, MW partners, and more.