RAMP V2 is launching on Polygon (Matic Network), and the current Ethereum vaults will undergo migration to Polygon over the coming one-week period.
RAMP is already live on Binance Smart Chain, and is focused on helping asset owners maximize the value and returns on their yield-farming assets. When users deposit assets into RAMP vaults, these assets are redeployed to generate ultra-high yield, which is further optimized through auto-compounding functions.
BSC users can also mint rUSD, a collateralized stablecoin, and use it on PancakeSwap directly to access new token opportunities.
The launch of RAMP V2 on Polygon represents a significant milestone towards achieving RAMP’s multi-chain vision, where we help users maximize asset yields on native blockchains, even as they unlock liquid capital from these staked assets that can move freely and be used across multiple blockchain networks.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 400+ Dapps, ~214M txns and ~1.4M+ unique users.
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Backed by world-class investors, RAMP is a global decentralized finance solution that focuses on unlocking liquid capital from staked digital assets. Using the RAMP solution, users with staked assets can continue to receive staking rewards, retain capital appreciation potential on their staked portfolio, and unlock liquid capital to invest in new opportunities at the same time.