This downtrend of RAMP may stop at $0.06 because the selling force is very weak at the moment and the buying force may return at any time and help RAMP increase strongly in the near future like mid-March. RAMP loses the $0.06 zone, it will no longer have any reliable support and we must consider it carefully before investing.

📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.06$ zone 🔴Buy : 0.065 - 0.06 🔴Sell : 0.075 - 0.09 - 0.105

📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.06$ zone 🔵Sell : 0.06 🔵Buy : 0.05 - 0.042

❓Details
📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
 Alert/Action  Notify at Price  Target Price  PnL  Timeline

Total PnL:

  • RAMP helps users to maximize their capital efficiency and unlock liquidity on staked digital assets:
    • Users deposit their digital assets into the RAMP protocol, which redeploys the assets into yield farming or staking programs to generate steady yield.
    • Users mint rUSD, a stablecoin, using their deposited assests as collateral.
    • rUSD can be swapped into USDT or USDC, or deployed into other DeFi protocols to generate additional yield.
  • Users can receive steady asset yields, retain capital gain potential and access a new source of liquidity at the same time.
  • RAMP is the native utility token of the platform and is used in the following functions:
    • Governance: RAMP token holders can stake to participate in community governance.
    • Collateral: RAMP tokens can be collateralized into rUSD stablecoins, which in turn can be deployed into DeFi yield protocols for additional returns.
    • Farming: RAMP tokens can be staked to increase the yield of token farming in the incentive programs.
    • Liquidity Mining: Users earn RAMP token rewards by providing liquidity.
  • The protocol consists of the following major modules working in conjunction:
    • rStake: Supports the deposit of assets into the RAMP protocol by users, and the redeployment of the asset deposits into yield farming or staking programs to generate yield.
    • rMint: Allows users to mint rUSD against their asset deposits, governed by defined collateralization ratios on the asset level.
    • rKeeper: Liquidates users' assets if the market value of the collateral drops below defined liquidation ratios on the asset level, and uses the proceeds to buyback and burn the rUSD originally minted against the liquidated assets.
    • rBurn: Accrues protocol fees generated for the buyback and burn of RAMP tokens.
  • RAMP raised 1.16MM USD from one private sale round and one public sale round:
    • Private sale round: 18.00% of the RAMP total token supply was sold at 0.0060 USD / RAMP.
    • Public sale round: 1.00% of the RAMP total token supply was sold at 0.0080 USD / RAMP.
    • Please click here for more details of the token distribution.
  • As of March 22nd 2021, the total supply of RAMP is 1,000,000,000 and the current circulating supply is ~13.44%.