Proposal for a RAMP ($RAMP) Syrup Pool and rUSD ($rUSD) Farm Boost

PancakeSwap Welcomes Back RAMP ($RAMP) to Syrup Pool!

CAKE holders, today we are happy to be able to offer you a new Syrup Pool from RAMP, a collateralized stablecoin lending protocol.

The Syrup Pool:

Stake CAKE tokens to earn RAMP tokens!

• Total Tokens: 2,100,000 RAMP
• Distribution duration: 60 days
• Start block: #12105350 (approx. 11am UTC on October 26th 2021)
• Finish block: #13833350 (approx. 11am UTC on December 25th 2021)
• Token rewards per block: 1.2152 RAMP

Max Stake per wallet:

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.

The Farm:

In order to host the RAMP Syrup Pool, we’ll need to provide a rUSD-BUSD farm boost that will have 1x CAKE rewards for the first 48 hours, and then 0.5x CAKE rewards after that.

What is rUSD?

From the team: “rUSD is a collateralized stablecoin that users can borrow on the RAMP platform. Users deposit assets such as BNB, BTC, ETH, RAMP and even CAKE-LP tokens as collateral to borrow rUSD. The borrowed rUSD can be used directly on PancakeSwap to exchange for all other tokens.

Assets deposited into the RAMP platform are deployed to yield farming or staking. This gives users high yields on asset deposits, while unlocking stablecoin liquidity for you at the same time!

rUSD is also usable cross-chain and can be effortlessly moved between BSC and Polygon (with more networks in the near future), making it a useful and convenient tool for cross-chain liquidity transfers.”

What is RAMP?

From the team: “RAMP is a collateralized stablecoin lending protocol that helps users leverage the full value of their crypto assets by unlocking stablecoin liquidity and earning high yields at the same time.

RAMP is live on Binance Smart Chain and Polygon, with new blockchain networks including Ethereum, Solana and Polkadot coming to you in the near future.

RAMP is in the process of scaling up user adoption with its USD60M liquidity incentive program.”

To learn more about RAMP, visit their official channels:

• Website: https://rampdefi.com
• Overview: https://docs.rampdefi.com
• Twitter: https://twitter.com/RampDefi
• Telegram: https://t.me/rampdefiofficial
• Discord: https://discord.com/invite/WY5TU7b

How do you stake CAKE to earn $RAMP rewards?

Follow this guide to staking in Syrup Pools:

https://docs.pancakeswap.finance/products/syrup-pool/syrup-pool-guide

BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀

The official RAMP token contract address on Binance Smart Chain is:

https://bscscan.com/token/0x8519ea49c997f50ceffa444d240fb655e89248aa

The official rUSD token contract address on Binance Smart Chain is:

https://bscscan.com/token/0x07663837218a003e66310a01596af4bf4e44623d

Any other RAMP or rUSD token will be a scam and will result in a financial loss. Always verify the token address before purchasing tokens. If you receive a RAMP or rUSD token airdrop from another address, it’s probably a scam and we advise you to ignore them.