RAMP, a decentralized finance (DeFi) protocol, offers a unique opportunity for users without Ethereum to stake their tokens on ETH platforms. This innovative platform aims to increase DeFi adoption by providing staking services to non-Ethereum holders while also allowing Ethereum investors to maximize their yields. By collaborating with RAMP, users can streamline their transactions by purchasing cryptocurrencies directly through dApps, creating a new on-ramp experience.
RAMP simplifies the process by consolidating various liquidity sources and payment methods under one roof, ensuring fast transactions for users and seamless integration for developers. Through collateralizing rUSD stablecoins on the Ethereum network, non-ERC-20 tokens can benefit from staking, allowing users to earn rewards, unlock liquidity, and achieve capital efficiency. Ethereum blockchain users can deposit their ERC-20 tokens into the eUSD liquidity pool on the RAMP platform to generate eUSD, enabling both rUSD and eUSD holders to trade these tokens seamlessly.
The concept behind RAMP’s development stems from the rapid growth and inefficiency of the over $300 billion staked economy. Founded by Lawrence Lim and Loh Zheng Rong, RAMP brings a wealth of experience to the table. Lim, a former leader at IOST and TradeGecko, spearheaded global sales initiatives. Loh Zheng Rong, on the other hand, co-founded NOX Pte Ltd and served as a senior advisor at Merkle Ventures LLP.
For those interested in purchasing RAMP Coin, Binance, the world’s largest cryptocurrency exchange by trading volume, offers a secure platform to buy and sell RAMP Coin. Currently traded in RAMP/BTC, RAMP/BUSD, and RAMP/USDT pairs, RAMP Coin is valued at $0.21 at the time of writing. To acquire RAMP Coin on Binance, users must first sign up on the platform, deposit cryptocurrency or fiat currency into their Binance wallet, and then proceed to purchase RAMP through the available trading pairs.
It’s important to note that the information provided in this article is not intended as investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and conduct thorough research before making any investment decisions. Stay updated with the latest news on RAMP by following us on Telegram, Facebook, Twitter, and Coinmarketcap.
