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RAMP Protocol Simplifies DeFi Staking

By BH NEWS

3 months ago

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You can also read this news on BH NEWS: RAMP Protocol Simplifies DeFi Staking

RAMP is a decentralized finance (DeFi) protocol that caters to individuals without Ethereum by enabling them to stake their tokens on Ethereum-based platforms. It also provides Ethereum holders the opportunity to boost their returns through interaction with the RAMP protocol. This innovative service aims to bolster DeFi adoption by streamlining staking processes.

How Does RAMP Work?

RAMP allows users to purchase cryptocurrencies directly via decentralized applications (dApps), merging various liquidity sources and payment methods under a unified interface. This structure ensures rapid transactions and simplifies integration for developers. Additionally, RAMP issues rUSD stablecoins, collateralized on the Ethereum network, enabling users to earn staking rewards, unlock liquidity, and enhance capital efficiency.

Who Created RAMP?

The RAMP protocol was developed by Lawrence Lim and Loh Zheng Rong. Lim previously led IOST and managed global sales at TradeGecko, while Loh co-founded NOX Pte Ltd and served as a senior advisor at Merkle Ventures LLP. Their combined expertise has fostered the growth of RAMP in the burgeoning DeFi space.

Concrete Benefits of Using RAMP

Users can derive several valuable benefits from utilizing the RAMP protocol:

Maximize staking rewards by integrating non-ERC-20 tokens.
Access a unified platform for fast and efficient transactions.
Unlock liquidity from assets staked on the Ethereum network.
Trade seamlessly between rUSD and eUSD tokens.

Where to Buy RAMP Coin?

RAMP Coin is available for secure trading on Binance, the largest cryptocurrency exchange by volume. It can be traded in pairs such as RAMP/BTC, RAMP/BUSD, and RAMP/USDT, with the current trading price at $0.21. To purchase RAMP Coin, users must register on Binance, deposit funds into their wallet, and execute the trade through the desired pair.