CAKE holders, today we are very happy to be able to offer you a new Syrup Pool from RAMP DeFi, a global decentralised finance solution that focuses on unlocking liquid capital from yield farming or staking assets. Using the RAMP solution, users with locked assets can continue to receive staking / yield farming rewards, retain capital appreciation potential on their portfolio, and unlock liquid capital to invest in new opportunities at the same time.
Boost is basically an increase in farm multiplier over a set period of time, which is offered in exchange for additional tokens from the boosted project, which are then put into a new Syrup Pool!
So basically, RAMP-BUSD will go to a 1x multiple for 48 hours and then to a 0.5x multiple, which will last for 30 days, and only cause temporary dilution among the other farms, and at the same time, there will be a new RAMP Syrup Pool with $400k of tokens, to be earned by staking CAKE.
Stake CAKE tokens to earn RAMP tokens!
100 CAKE for the first 48 hours, then unlimited CAKE staking afterwards.
To give as many CAKE holders the opportunity to Farm some juicy pool rewards at a high APY, we will have a 100 CAKE token cap staking limit per user for the first 48 hours.
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.
If you own CAKE tokens, congratulations! You’re the master of your … pancakes. Time to step up your taste buds by learning how to stake CAKE with Syrup Pool.
BEP20 RAMP will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your RAMP tokens and trade on PancakeSwap at any time!
The official RAMP token contract address on Binance Smart Chain is: **https://bscscan.com/token/0x8519ea49c997f50ceffa444d240fb655e89248aa **
Any other RAMP token will be a scam and will result in a financial loss for users. Do not buy tokens from any other token address. Always verify the token address before purchasing tokens. If you receive airdrops from another address for RAMP tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.