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![RAMP [OLD]](https://assets.coingecko.com/coins/images/12837/large/RAMP-Logo-v2-1000pxsq.png?1617952606){kind=logo}
RAMP (RAMP) is the 1345th largest cryptocurrency in the world by market cap, valued at $82,148,597. The current price of RAMP is $0.082148597184678, which is -3.266% lower than yesterday. Prices have ranged between $0.087198 and $0.08265 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 09:02 UTC.
Ramp is a decentralized protocol that intends to expand the decentralized finance (DeFi) ecosystem and increase adoption. Responding to the growing DeFi infrastructure available – in 2021, over USD$300 billion worth of assets have been staked – Ramp offers a solution to the interoperability issues many dApps face.
The protocol allows cross-chain staking, which means users can earn rewards on crypto assets that would otherwise sit idly in their wallets. Simply put, Ramp lets users with non ERC-20 (Ethereum-based) tokens stake their assets on Ethereum 2.0 networks. ETH owners can also benefit from the protocol, taking advantage of higher yields than many of Ramp’s competitors. Ramp streamlines the crypto purchasing process and allows users to buy coins directly within a wallet or application. The protocol is aimed at getting "crypto newbies" to participate in the DeFi sector. RAMP is the token native to Ramp DeFi, an application built using the Ramp protocol that accommodates cross-chain liquidity provision. RAMP tokens can be used for paying fees, staked for rewards, used to mint new tokens or to provide liquidity to a pool.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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