With close to $200m worth of assets staked with RAMP nodes across multiple blockchain networks, we are happy to share that the accumulated rewards from node operations in Q1 2021 are approx. $234,471 as at time of writing.
These funds have been sent into the rBurn wallet in preparation for buyback and burn of RAMP tokens: https://etherscan.io/address/0x2cee2ba838a1374449bc95addcb0d6651106d7ed
Growth in Rewards Generated for The RAMP Ecosystem
As RAMP progresses and develop its infrastructure and smart contract solutions, we have slowly but steadily seen the monthly rewards generated grown rapidly from approx. $10,000 per month to close to $100,000 per month.
We are excited that with the impending launch of rMint, the RAMP protocol is well positioned to create new opportunities and protocol utility benefits for the RAMP community and token holders.
Alongside the launch of V2 Vaults, the accumulated rewards will be used to buyback and burn RAMP tokens directly on Uniswap this week, as we prepare to launch V2 Vaults, and start asset migration from V1 Vaults into V2 Vaults.
We thank the community for your kind patience and support, and look forward to more exciting updates coming up!
Join the RAMP DEFI Community
Backed by world-class investors, RAMP DEFI is a global decentralized finance solution that focuses on unlocking liquid capital from staked digital assets. Using the RAMP solution, users with staked assets can continue to receive staking rewards, retain capital appreciation potential on their staked portfolio, and unlock liquid capital to invest in new opportunities at the same time.
The total staking market cap as of today is over USD300 billion, and as the industry-leading solution, RAMP DEFI has a vision of unlocking USD1 billion or more in “Total Value Unlocked (TVU)” for users by end 2021.
Users who wish to access the RAMP token may do so on:
If you are interested to follow RAMP DEFI and get in touch with the project team members, you can participate and receive timely updates from the following official channels: