Ramp Defi focuses on cross-chain DeFi, which attempts to unlock the liquidity of staked assets outside of Ethereum. There are two tokenized USD in the Ramp system, rUSD and eUSD, which is issued on the Ethereum blockchain via a gateway bridge. Users pledge non-ERC20 staked assets to generate stablecoin rUSD to participate in DeFi, increasing the utilization of assets while maintaining the original asset exposure. RAMP is its native governance token.
Ramp Defi focuses on cross-chain DeFi, which attempts to unlock the liquidity of staked assets outside of Ethereum. There are two tokenized USD in the Ramp system, rUSD and eUSD, which is issued on the Ethereum blockchain via a gateway bridge. Users pledge non-ERC20 staked assets to generate stablecoin rUSD to participate in DeFi, increasing the utilization of assets while maintaining the original asset exposure. RAMP is its native governance token.
