RAMP is a decentralized protocol aiming to boost DeFi adoption by acting as a bridge between different blockchains. It unlocks capital locked in staking, allowing users to earn staking rewards while also investing liquid capital. The RAMP token is used for governance, collateral, farming, and liquidity mining. RAMP allows users staking coins to receive a dollar-pegged stablecoin, which can then be used for DeFi farming. Blockchains not supporting ERX20 tokens can use the "rUSD" stablecoin minted on Ethereum. Users can deposit ERC20 stablecoins into the eUSD RAMP liquidity pool to mint eUSD. This allows borrowing, lending, and exchanging of rUSD/eUSD, creating liquidity for users with locked capital. eUSD holders earn interest on lending, and rUSD can be exchanged for USDT/USDC or used in o...
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
RESOURCES
Community
Support
© 2023 CMC.IO. All rights reserved