Ramp DeFi Boosted Syrup Pool on PancakeSwap

Pool is now live! Users can now stake $CAKE to earn $RAMP tokens. RAMP-BUSD will go to a 1x multiple for 48 hours and then to a 0.5x multiple, which will last for 30 days.

 

• Total Tokens: 1,700,000 RAMP
• Distribution duration: 60 days
• Finish block: 11660050 (approx. 9am UTC on October 14th)
• Token rewards per block: 0.9837 RAMP

 

RAMP DeFi

RAMP allows users to borrow stablecoin liquidity against assets held in staking or yield farming. Users deposit assets as collateral to mint rUSD, a stablecoin, on the RAMP platform. rUSD can be used directly on PancakeSwap to swap for tokens, making it easy to reinvest rUSD. The collateral assets deposited by users are sent to staking / yield farming to produce yields up to over 100% for users.

 

INFO

https://pancakeswap.finance/farms

Source: https://thebittimes.com/ramp-defi-boosted-syrup-pool-on-pancakeswap-tbt1406.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam

Category: Chain news

Post by: TheBitTimes.com