RAMP DeFi is a decentralized protocol that aims to increase DeFi adoption by enabling non-Ethereum (ETH) users to stake tokens on ETH platforms; simultaneously, Ethereum users can interact with the RAMP protocol and enhance their yields.

RAMP DeFi allows the staked capital of non-ERC-20 staking blockchains to be collateralized into a stablecoin called rUSD, which is issued on the Ethereum blockchain. The primary outcome of this is the maximization of capital efficiency on stacked digital assets, where users earn staking rewards, unlock liquidity from staked assets, and stack multiple yield streams simultaneously.

Users who are already on the Ethereum blockchain can mint eUSD by depositing their ERC20 stablecoins into RAMPs eUSD liquidity pool. This means that rUSD and eUSD holders can freely exchange, lend, or borrow both tokens, thereby creating liquidity for users with capital locked into staking arrangements.

RAMPs creation was prompted by the rapid growth of the staking economy, which has exceeded $300 billion by 2021, combined with the inefficiency of the markets in said economy.

RAMP was co-founded by Lawrence Lim and Loh Zheng Rong. Prior to RAMP, Lim served as the head of international growth at IOST and handled global sales at TradeGecko. He also had responsibilities in mergers and acquisitions at KPMG Corporate Finance LLC and asset management at JP Morgan Chase & Co.

Lim studied at the Nanyang Technological University and holds a bachelor of business degree in banking and finance with First Class Honors.

Loh Zheng Rong co-founded NOX Pte Ltd and worked as a blockchain consulting partner at Merkle Ventures LLP. He also served as the chief innovation officer at 2359 media and as the senior advisor of ICONIC Partners. Additionally, he was the chief operating officer and co-founder of Toucanapp Pte Ltd. He holds a bachelor of business administration (B.B.A) degree in finance wealth management from the Singapore Management University.

To efficiently facilitate token exchanges between blockchain systems, the network utilizes liquidity on/off-ramp designs. Within this framework, tokens that use a non-Ethereum standard are first converted into stablecoins called rUSD for use on the Ethereum blockchain.

ERC-20-based stablecoins can also be converted into eUSD for use in Ramp DeFis liquidity pool. rUSD holders gain the ability to utilize funds locked in non-Ethereum blockchains, as well as the ability to use fully-collateralized stablecoins and earn staking incentives after the conversion. eUSD holders earn interest from lending their digital wealth and have the opportunity to provide liquidity within DeFi protocols.

RAMP has a circulating supply of approximately 176 million coins as of February 2021, with a maximum supply of 1,000,000,000 RAMP coins.

RAMP network collaborates with the Crust Network for secure on-chain decentralized data storage. As such, RAMP DeFi is an open finance project and has the potential to unlock liquidity from staked digital assets, allowing all users to collateralize their digital assets while locked in staking into liquid capital.

Crust implements the incentive layer protocol for decentralized storage. It is adaptable to multiple storage layer protocols, including IPFS, and even supports the application layer. The architecture it is based on has the capability to support a decentralized computing layer and build an entire cloud ecosystem.

RAMP is available for purchase, sale, and trading on the following exchanges:

Bibox

Gate.io

Hoo

Uniswap (V2)

MXC.COM

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