{"data":{"id":7463,"name":"RAMP","symbol":"RAMP","slug":"ramp","category":"token","description":"## What Is RAMP (RAMP)?\n\nRAMP [DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance)  is a decentralized protocol that allows staked assets on any blockchain to be collateralized into a stablecoin known as rUSD. The benefit of this is the maximization of capital efficiency on stacked digital assets, where users earn staking rewards, unlock liquidity from staked assets and stack multiple yield streams at the same time. \n\nRAMP’s creation was prompted by the rapid growth of the staking economy, which has exceeded $300 billion by 2021, combined with the inefficiency of said economy’s markets.\n\nFollowing a rebranding exercise in 2022, RAMP is operating as [LeverFi](https://coinmarketcap.com/currencies/lever/), a decentralized AI network.","dateAdded":"2020-10-21T00:00:00.000Z","actualTimeStart":"2020-10-20T04:25:00.000Z","status":"active","isBn":0,"subStatus":"normal","notice":"RAMP DeFi has been rebranded into [LeverFi](https://coinmarketcap.com/currencies/lever/), with LEVER as the new token ticker. Find more details in their [announcement](https://medium.com/rampdefi/ramp-reinventing-2022-96b8f7e900df). 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