Singapore, August 23, 2020 (GLOBE NEWSWIRE) – RAMP DEFI, a cross-chain liquidity activation/exit ramp that unlocks the liquid capital of the staked virtual assets, has effectively ended its personal sale over subscribers with more than $1 million (USD) collected. Private investors come with Alameda Research, ParaFi Capital, XRP Capital, IOST, Signum Capital, Ruby Capital and Blockwater VC.
After the personal sale, RAMP is expected to release its highly anticipated public sale on August 29, 2020. Public sales will offer RAMP 10,000,000 to participants who have actually whitelisted them in the public sale. A directory in the Uniswap decentralized exchange is expected to take position within a while.
RAMP is the first company to expand a cross-chain liquidity activation/deactivation ramp that will allow holders of staked virtual assets other than ERC-20 to seamlessly use their stakes. First, locked assets are guaranteed in a solid “rUSD”. Once obtained, rUSD holders can borrow, lend or exchange rUSD for eUSD (equivalent to ERC-20) in a transparent liquidity solution on and off the ramp for users whose capital is blocked in chain equity agreements. While many DeFi projects seek to price their responses as “Total Blocked Value (TVL)”, RAMP focuses on a metric called “Total Unlocked Value (TVU)” that represents the additional liquidity ramp DEFI unlocks for all cryptography. Ecosystem.
The good luck of RAMP comes when DeFi’s market spot continues its incredible expansion of more than $15 billion worth of market place. Despite this expansion, the place of acceptance of the emerging market still wants more convenient answers and greater access to DeFi services. These desires come with active liquidity management, interoperability within DeFi programs and greater flexibility of participation.
On August 19, 2020, RAMP announced a partnership with Elrond to supply the RAMP solution to eGLD holders and will continue to announce more official blockchain-based partners in the coming weeks.
About RAMP DEFI:
RAMP DEFI is a decentralized financing solution that focuses on unlocking liquid capital from staked virtual assets. This is accomplished by allowing users to protect their portfolio of assets wagered on a non-unusual stable currency standard, rUSD, which in turn can be used to borrow fiat capital such as USDT or USDC. By using the RAMP solution, users can continue to earn equity rewards, retain the prospect of capital appreciation in their holding portfolio, and at the same time recycle equity into new investment opportunities. The addressable market for stakes is now more than $22 billion, and RAMP DEFI has a $1 billion vision of “Total Unlocked Value (TVU)” for RAMP users through the end of 2021.
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