RAMP DEFI allows users to deposit assets on Binance Smart Chain, Ethereum or other blockchain ecosystems into Vaults on its protocol.
The Vaults deploy the assets deposited into staking or yield farming programs which generate yields of up to 400% for users:
At the same time, users can collateralize their deposited assets into rUSD, a stablecoin, which can be swapped effortlessly with fiat-backed stablecoins such as BUSD or USDT at low slippages:
This means that users can extract liquidity for other purposes such as trading on exchanges or even into fiat to buy cars, even as their assets continue to work hard for them and generate yield through RAMP Vaults.
RAMP Vaults are also auto-compounding, which increase the final yield that users stand to receive from staking their assets through RAMP Vaults.
As an example, the APR you can receive by staking CAKE tokens on PancakeSwap is 89%.
By daily compounding, the APY users can receive on their staked CAKE increases to: APY = (1+89%/365)^365 - 1 = 143%
The majority of RAMP Vaults are auto-compounding, which maximizes the ROI users stand to receive on their deposited assets.
RAMP already have over 100M in total value locked (TVL) within the protocol, and has also pioneered the concept of total value unlocked (TVU) to measure the additional liquidity the protocol has unlocked for its users:
RAMP DEFI focuses on empowering users with access to a global, blockchain-agnostic liquidity network.
In the near future, rUSD can be minted in selected DeFi hubs such as Ethereum and Binance Smart Chain, and can be moved into any supported blockchain ecosystem to participate in DeFi activity even as the assets continue to generate yield for their owners on their native chains.