Gate has added RAMP DEFI(RAMP) margin trading (RAMP/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your RAMP to earn passive income (3.65%-365% APR).
Margin trading allow long and short positions and can facilitate price discovery as well as forming a more stable market. As a trader, you can borrow RAMP to short it or borrow USDT to long it. For holders, you can lend your RAMP to margin traders to earn interest on your holdings.
The Gate lending market is a peer to peer market where all the loans and borrowings are made between users. Gate does not participate in lending or borrowing.
Trade RAMP at https://www.gate.com/margin_trade/RAMP_USDT
Borrow RAMP at https://www.gate.com/margin/borrow/RAMP_USDT
Lend RAMP at https://www.gate.com/margin/lend/RAMP
Deposit RAMP at https://www.gate.com/myaccount/deposit/RAMP
About RAMP
RAMP DEFI seeks to unlock liquid capital from staked assets. RAMP DEFI proposes that the staked capital on the non-ERC20 staking blockchains be collateralized into a stablecoin, “rUSD”, which is issued on the Ethereum blockchain. Similarly, users on the Ethereum blockchain can mint “eUSD” by depositing their ERC20 stablecoins into RAMP’s eUSD liquidity pool.rUSD holders and eUSD holders can borrow, lend or exchange rUSD/eUSD freely, creating a seamless liquidity “on/off ramp” for users with capital locked into staking arrangements.
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for their continuous support.
Gate Team
March 26, 2021
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