RAMP Live on Avalanche

Published on: 05.01.2022

Avalanche Live with wAVAX Support, More Single Assets Coming in January 2022

RAMP DEFI is thrilled to announce that RAMP is live on Avalanche! Currently the Avalanche deployment supports wAVAX for rUSD collateralization.

More single assets on Avalanche including wBTC.e, wETH.e, LINK.e, JOE and QI will be continually added and supported across January.

Strategy Upgrade For APY Improvement on 6 January 2022

A strategy upgrade will be implemented on 6 January 2022 to improve the current wAVAX APY from ~1.6% (prevailing) to ~6.6% (expected).

User funds will not be affected. The upgrade is expected to have minor downtime of 15–20 minutes for the application website.

rUSD Bridges To Go Live with New Bridge UI

The rUSD bridges connecting Avalanche, Binance Smart Chain, Polygon and Ethereum networks will open over the course of the next 1–2 weeks.

The bridges will open together with a refreshed Bridge UI with improved navigation that makes rUSD transfers easier for users between a growing number of networks.

Adding New Network Integrations For 2022!

RAMP is already live on Binance Smart Chain, Polygon and Ethereum 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 high yields in yield farms.

The launch of RAMP on Avalanche represents a significant milestone towards achieving RAMP’s multi-chain vision, They 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.

About 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.

About Avalanche

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Don’t believe it? Try an app on Avalanche today.