Competition period: 2021-09-09 00:00 AM to 2021-09-15 11:59 PM (UTC)
Promotion A: Learn and Earn $70,000 Prize Pool in RAMP Tokens
During the competition, users who trade RAMP 40 RAMP or more in the eligible RAMP trading pairs (including both buys & sells) and finish reading the RAMP introduction article and take the quiz, will share a prize pool of $70,000 in RAMP token vouchers.Rewards will be distributed based on the total number of correctly answered questions as a proportion of all correctly answered questions by all qualified users.
Reward Calculation: The reward for the qualified user = (Individual user’s correctly answered questions / total number of correctly answered questions from all qualified users) * $70,000 in RAMP token vouchers.
Activity link:https://www.binance.com/zh-CN/activity/marketing-campaign/df5dde6e3ef542e48614eba684921fa9
ABOUT RAMP DEFI
RAMP DEFI is an optimized lending platform that aims to give you the highest deposit yields and lowest borrowing fees on collateral assets in Binance Smart Chain.
The RAMP V2 platform helps asset owners achieve capital efficiency by offering a powerful and comprehensive solution that allows users to:
Asset owners would no longer have their capital tied up in illiquid asset ownership positions, resulting in many being “asset rich but cash poor”.
There are two tokens on the platform: RAMP and rUSD. RAMP is the native token and rUSD is a stablecoin that can be minted from collateral assets for new investment opportunities across networks.
RAMP In A Nutshell
1) Optimized Lending
RAMP is a DeFi lending platform that give users some of the highest deposit yields and lowest borrowing fees on collateral assets within Binance Smart Chain and Polygon.
2) Borrow Stablecoin Liquidity
You can borrow rUSD, a stablecoin, by collateralizing your asset deposits. You can use utilize rUSD liquidity directly on AMMs, such as PancakeSwap or QuickSwap, to swap for any token assets that you wish to buy.
3) Cross-Chain rUSD Transfers
While your collateral assets continue to generate high yield for you, the borrowed rUSD can be transferred seamlessly between networks. This means that you can borrow with your BSC assets and send rUSD to Polygon to buy new tokens on QuickSwap, or vice versa to buy tokens on PancakeSwap!
The RAMP token is issued as a utility token powering platform value and aligning the interests of all platform participants.
The RAMP platform allows users to deposit a wide range of digital assets such as RAMP, BNB, CAKE, Pancake LP tokens and mint rUSD, a stablecoin, by collateralizing these asset deposits.
This puts users in a unique position where their assets continue to produce high yields for them, and they get to unlock liquidity at the same time. In most of the vaults, the yield generated exceed any fees or interest paid, which means that users get to grow their earnings faster than their interest fees.
The platform charges utility fees, and this accrues positive value back to the RAMP token through token burns.
The RAMP token has a fixed total supply and can no longer be minted. This means that any RAMP burned is removed from circulation, forever.
1. Governance
For community governance purposes and give the community a channel to participate in the project's strategic growth and planning.
2. Token Burn
Periodic token burns take place via value accrual derived from protocol usage.
3. Collateral Asset
RAMP can be used as a collateral asset to unlock additional liquidity.
4. Zero Interest
Mint rUSD at zero fees when you use RAMP as collateral.
5. Incentive and Growth Programs
To (a) incentivize community involvement, (b) align user behaviours with protocol objectives or (c) bootstrap growth of liquidity pools.
Exchanges To Access RAMP Tokens
Centralized Exchanges
Decentralized Exchanges
Exchanges To Access rUSD Tokens
Decentralized Exchanges