Question 1

What Is RAMP (RAMP)?

Accepted Answer

RAMP [DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance)  is a decentralized protocol that intends to boost DeFi adoption by allowing non-Ethereum ([ETH](https://coinmarketcap.com/currencies/ethereum/)) users to stake tokens on ETH platforms; at the same time, Ethereum users can interact with the RAMP protocol and increase their yields.

RAMP DeFi allows the staked capital of non-[ERC-20](https://coinmarketcap.com/currencies/erc20/) staking blockchains to be collateralized into a stablecoin known as rUSD that is issued on the Ethereum blockchain. The main result 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 at the same time.

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

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

Question 2

Who Are the Founders of RAMP?

Accepted Answer

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

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

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

Question 3

What Makes RAMP Unique?

Accepted Answer

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

[ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20)-based stablecoins can also be converted into eUSD for use in Ramp DeFi’s liquidity pool. rUSD holders get the ability to use 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 as well as a chance to provide liquidity within DeFi protocols.

Question 4

How Many RAMP (RAMP) Coins Are There in Circulation?

Accepted Answer

RAMP’s circulating supply is around 176 million coins as of February 2021, with a maximum supply of 1,000,000,000 RAMP coins.

Question 5

How Is the RAMP Network Secured?

Accepted Answer

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.

Question 6

Where Can You Buy RAMP (RAMP)?

Accepted Answer

RAMP is available to buy, sell and trade on the following exchanges:

[Bibox](https://coinmarketcap.com/exchanges/bibox/)

[Gate.io](https://coinmarketcap.com/exchanges/gate-io/)

[Hoo](https://coinmarketcap.com/exchanges/hoo/)

[Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/)

[MXC.COM](https://coinmarketcap.com/exchanges/mxc/)

Unfamiliar with crypto purchasing? Learn how to[ buy and trade Bitcoin here](https://coinmarketcap.com/how-to-buy-bitcoin/).

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What Is RAMP (RAMP)?

Who Are the Founders of RAMP?

What Makes RAMP Unique?

How Many RAMP (RAMP) Coins Are There in Circulation?

How Is the RAMP Network Secured?

Where Can You Buy RAMP (RAMP)?

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