RAMP (RAMP)

RAMP is the cryptocurrency of RAMP Defi, a decentralised protocol that intends to boost DeFi adoption. It allows non-Ethereum users to stake tokens on Ethereum platforms. Non-ETH users can collateralise their holdings into rUSD, a stablecoin issued on the Ethereum blockchain. ETH users can mint eUSD by depositing their ERC20 stablecoins into the protocol's eUSD liquidity pool. The result of this is that both non-ETH users and ETH users can exchange, lend or borrow tokens freely and in turn create liquidity for users.