RAMP Defi Coin Review – Cross Chain LiquidityAnd Stake Farming

About RAMP Defi Coin

RAMP Defi Coin proposes that the staked capital on the non-ERC20 staking blockchains be collateralized into a stablecoin, “rUSD”, which is issued on the Ethereum blockchain. Similarly, users on the Ethereum blockchain can mint “eUSD” by depositing their ERC20 stablecoins into RAMP’s eUSD liquidity pool. rUSD holders and eUSD holders can borrow, lend or exchange rUSD/eUSD freely, creating a seamless liquidity “on/off ramp” for users with capital locked into staking arrangements.

Quick Fact About RAMP Defi Coin

Problem

In the past two years, the staking economy has grown exponentially and ballooned to approximately USD22 billion in locked value. Users participating in the staking economy have significant capital locked into their staked positions, and stand to gain from both staking rewards and capital appreciation of their portfolio.Right now, with attractive DeFi investment opportunities abound in the market, users are faced with challenging capital deployment decisions on how to best allocate capital for profit maximization.

Ramp Defi Solution

RAMP DEFI proposes that the staked capital on the non-ERC20 staking blockchains be collateralized into a stablecoin, “rUSD”, which is issued on the Ethereum blockchain. Similarly, users on the Ethereum blockchain can mint “eUSD” by depositing their ERC20 stablecoins into RAMP’s eUSD liquidity pool.rUSD holders and eUSD holders can borrow, lend or exchange rUSD/eUSD freely, creating a seamless liquidity “on/off ramp” for users with capital locked into staking arrangements.

User benefits

Cross-Chain Liquidity Bridge

Extract liquid capital from your staked portfolio to invest in new opportunities.

Retain Staking Rewards

Users continue to receive staking rewards on their staked digital assets.

Yield Stacking

Earn yield from multiple revenue streams and farm RAMP tokens.

Ecosystem

RAMP Defi Coin focuses on developing a suite of products that act as the “building blocks” to power the RAMP ecosystem and cross-chain liquidity transfer.

Products Powering the RAMP Ecosystem

RAMP DEFI focuses on developing a suite of products which shall act as the “building blocks” to power the RAMP ecosystem and cross-chain value accretion. As the DeFi ecosystem has matured substantially, the RAMP ecosystem is able to develop composable synergies with numerous existing projects and solutions that allow RAMP to participate and scale together with the broad DeFi industry.

Economic Design and Core Design Principles

RAMP Defi Coin build upon some of the core design principles of DeFi projects, while at the same, introduces several new and improved mechanisms to drive platform growth. In particular, RAMP DEFI focuses on the development of virtuous economic cycles that:
(i) Accumulate increasing value within the ecosystem over time;
(ii) Net deflationary tokenomics to reduce token supply;
(iii) Attract the inflow of value by incentivizing value participation;
(iv) Grow value distribution proportionately with value inflows;
(v) Slow down the circulation speed of RAMP token; and
(vi) Scale up exponentially with the addition of new staking ecosystems.

RAMP Token to Power the RAMP Ecosystem

The RAMP token (“RAMP”) is issued by RAMP DEFI as utility token powering ecosystem value and aligning the interests of all ecosystem participants.

RAMP Token Staking

Staking of the RAMP token is an important mechanism within the RAMP ecosystem. It confers substantial benefits to users who stake their RAMP tokens, including: (i) value distribution from the rPool; (ii) governance rights; and (iii) increased farming efficiency.

Stake for Ecosystem Governance

RAMP holders holding 500,000 RAMP shall be eligible to raise a Change Proposal (“CP”). RAMP holders can cast their votes for each CP by staking, and the RAMP staked for raising CPs and casting votes are returned 15 days after the end of each CP voting round. Each CP is subject to a quorum requirement to be passed. The full governance structure and details shall be released at a later stage.

Efficient Liquidation Execution

One major risk management concern is how to ensure that there is no domino effect on
token secondary market prices should there be a black swan event. RAMP liquidation
mechanism is unique in that rTreasury acts, on behalf of all RAMP token holders, as the
immediate OTC buyer of all liquidated assets. Through this mechanism, the rUSD fundamental value is retained and fees arising from liquidation are deployed back into rBurn to repurchase RAMP from the secondary markets and burned.

The Team And Advisor

The RAMP team and advisors are seasoned professionals with rich experiences across blockchain, artificial intelligence and investments, and have previously served in the following organizations: