Ramp Defi New $wETH Single Collateral Asset is Now Live On The Polygon Network

Published on: 27.08.2021

Users can now stake their wETH into this loan market and earn staking rewards of 0.169% APY, then borrow rUSD stablecoin against their assets at zero borrowing fee for extra liquidity to invest into new opportunities at the same time.

RAMP DEFI helps users optimize their crypto assets in a low interest-rate environment. Hence, the rUSD stablecoin solution puts users into a unique position where the yield generated always exceeds the fees and interest paid, which means that users will always continue to grow their earnings faster than their interest fees.

Visit Here:
https://appv2.rampdefi.com/#/#polygon

About Ramp DeFi

Ramp DeFi is a decentralized finance solution that focuses on unlocking liquid capital from staked digital assets. This is achieved by letting users collateralize their portfolio of staked assets into a common stable coin standard, USD, which can in turn be used to borrow fiat-back capital such as USDT or USDC.

Source:
https://medium.com/rampdefi/weth-collateral-asset-added-to-ramp-defi-on-the-polygon-network-900bb1195670

Market Stats:
BTC Dominance: 54.28%(-0.02%/24h)
ETH Dominance: 15.43%(+0.10%/24h)
Defi Market Cap: $90.13B(-21.21%/24h)
Total Market Cap: $2430.63B(-0.06%/24h)
Total Trading Volume 24h: $49.05B(-34.52%/24h)
ETH Market Cap: $374.97B
Defi to ETH Ratio: 24.04%
Defi Dominance: 3.53%
Altcoin Market Cap: $1111.39B
Altcoin Volume 24h: $33.29B
Total Cryptocurrencies: 29757
Active Cryptocurrencies: 9959
Active Market Pairs: 82300
Active Exchanges: 765
Total Exchanges: 8550
BTC: 66962.91$(0.01%/1H)
ETH: 3123.22$(0.13%/1H)
AVAX: 37.54$(0.35%/1H)
BNB: 580.64$(0.02%/1H)
MATIC: 0.71$(0.05%/1H)
FTM: 0.9$(0.9%/1H)
ADA: 0.48$(-0.05%/1H)
DOT: 7.14$(0%/1H)
UNI: 7.83$(-0.05%/1H)
CAKE: 2.68$(-0.02%/1H)
SUSHI: 1.1$(-0.2%/1H)
ONE: 0.02$(0.2%/1H)