RAMP DEFI

$RAMP

LAUNCHED

Ramp Defi is looking to use staked capital on non-ERC20 staking blockchains via their cross change bridge, extracting liquid capital from your staked portfolio to invest in new opportunities.
Via stablecoins, bring your off chain capital into the Ethereum network for use within the chain to invest in other projects without the need to exit their current positions. Users continue to receive staking rewards on their staked digital assets and have the opportunity to earn yield from multiple revenue streams and farm RAMP tokens.

● Project acronym:
$RAMP

● Launch Date and Time: 
Launched

● Developer/s: 
Ramp defi
Doxxed team, no huge players but have had experience in blockchain tech, team has worked for Uber, Microsoft, BNP, Deloitte, J.P.Morgan, Binance to name a few. Whole team has worked on projects out of Asia (Singapore, Philippines). Tech Lead is Blockchain Training Alliance Certifications in Solutions architect, security and ethereum development

● Contract Address:
0x33d0568941c0c64ff7e0fb4fba0b11bd37deed9f

Tokenomics:
● Presale:
180,000,000
● Initial Supply:
10,000,000
● Current Circulating:
111,961,459
● Total Supply:
1,000,000,000 – 45% Farming Reserves – 16% Team – 19% Token Sale – 20% Protocol reserves and partnerships. There will be a burning mechanism implemented also to reduce sell pressure on farmed tokens.

Checklist (identify potential risk)
● Presale?
Yes
● Vesting?
Yes, 20% per quarter for presales
● Devs Easily Able to Dump?
No, team tokens unlocked over 3 years, every 6 months

Social Media
● Website: https://rampdefi.com/
● Telegram: https://t.me/rampdefiofficial
● Twitter: @rampdefi
● Discord: https://discord.gg/Av4FH7WJ 
● Coingecko: https://www.coingecko.com/en/coins/ramp 


Recommendations/Analysis
It’s an interesting idea, instead of selling coins in order to have the capital to buy something else, you can keep your investment, extract liquid capital from it and use that to buy your new investment. It’s a new type of lending. I believe that the short term up side will be good with this and the timing of their platform role-out is right on time with the defi bullrun. Longterm, if the team continues to deliver the project should hold steady.

“While this growth of DeFi on the Ethereum network is extremely exciting, a large group of users have been unable to participate effectively, or even been excluded, from Ethereum based DeFi participation. These users are users who have capital invested into digital assets outside of the Ethereum ecosystem (non-ERC20 digital assets), and are either awaiting capital gains on this investment portfolio, or have these assets staked within the respective staking ecosystems. “
“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 via a gateway bridge. Similarly, users on the Ethereum blockchain can mint “eUSD” by depositing their ERC20 stablecoins into RAMP’s eUSD liquidity pool. “
Competitor comparison