Posted 1 year ago | by Catoshi Nakamoto

NULS-BUSD vault on RAMP V2!

We are delighted to be launching the NULS-BUSD vault on RAMP V2!

0*5rDRPT6PVIRFWIvs Collateralize NULS-BUSD LP Tokens For Liquid Capital While Earning Up To 153.4% APY!

The vault allows NULS-BUSD asset owners to unlock liquid capital from their farming assets by collateralizing their LP tokens on the RAMP platform, even as they continue to enjoy APY of up to 153% at high confirmation speeds and low fees on Binance Smart Chain.

How It Works

  • RAMP allows users to over-collateralize supported assets such as RAMP tokens, NULS-BUSD Pancake LP tokens and other tokens on its platform into rUSD, a stablecoin.
  • NULS-BUSD liquidity providers can deposit their LP assets into RAMP and mint the rUSD stablecoin on the RAMP protocol. The deposited NULS-BUSD LP assets are redeployed back into Pancake to farm and are compounded back to users in the form of NULS-BUSD tokens.
  • The minted rUSD can be effortlessly swapped with other tokens such as NULS, BUSD, or USDT directly on PancakeSwap.
  • This means that NULS-BUSD users can continue to farm at up to 153% APY (as at the time of writing) and unlock liquid capital on these yield farming assets at the same time.

NULS-BUSD Vault Parameters

The below provides rUSD minting parameters for this particular asset in the Minter.

  • Asset: NULS-BUSD FLIP LP token
  • Reward Token: NULS-BUSD FLIP LP token
  • Strategy: The NULS-BUSD FLIP LP token deposits are deployed into its PancakeSwap farm. Any CAKE tokens farmed are converted into more NULS-BUSD FLIP LP tokens and accrued back into the original deposit pool. Users will automatically have their deposits grow over time.
  • Asset APY: 153% as at time of writing
  • Minimum Collateralization Ratio: 400%
  • Max rUSD Mintable Capacity: 500,000 rUSD
  • Liquidation Ratio: 125%
  • Interest Rate (Daily): 0.005479%
  • Liquidity Fee: 0.01096%
  • Deposit Fee: 0%
  • Withdrawal Fee: 0%
  • Yield Share (Daily): 0.008219%

The above parameters are applicable at the time of writing and may be changed at any time subject to market conditions. For the most up-to-date parameters, please visit:

How To Participate In The NULS-BUSD Vault on RAMP V2

  • Add liquidity using NULS and BUSD tokens on PancakeSwap.
  • Deposit the NULS-BUSD FLIP LP tokens into RAMP V2 at: to start earning rewards.
  • Mint rUSD against your deposited assets.
  • Swap rUSD for other tokens such as NULS or BUSD on PancakeSwap.

NULS is an open-source, enterprise-grade, adaptive blockchain platform that offers fast-track business solutions for developers. Featuring microservices, smart contracts, cross-chain interoperability and instant chain-building, NULS sets a new industry standard in streamlining blockchain adoption. NULS has introduced a formal strategy that aims to bridge into the decentralized financial (DeFi) sector of Ethereum (ETH).

For more information about NULS, visit and join the conversation on Telegram or Reddit. Follow NULS on TwitterFacebookSteemit and GitHub for the latest news and updates.

Backed by world-class investors, RAMP is a global decentralized finance solution that focuses on unlocking liquid capital from staked digital assets.

Using the RAMP solution, users with staked assets can continue to receive staking rewards, retain capital appreciation potential on their staked portfolio, and unlock liquid capital to invest in new opportunities at the same time.

The total staking market cap as of today is over USD300 billion, and as the industry-leading solution, RAMP DEFI has a vision of unlocking USD1 billion or more in “Total Value Unlocked (TVU)” for users by end 2021.

Users can access the RAMP token on:

Binance | FTX (Futures) | PancakeSwap | Uniswap | | MXC

If you are interested to participate in our community and receive timely updates from the following official channels, follow us:

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For partnerships, media, or other collaboration opportunities, please email us at

Original article published on Ramp Defi’s Medium.

About Catoshi Nakamoto

c6ea0c3794492f30883e516d39b2597a?s=90&d=blank&r=g Collateralize NULS-BUSD LP Tokens For Liquid Capital While Earning Up To 153.4% APY!Activist/Journalist, former writer - We Are Change, The Mind Unleashed, Coinivore, others. Currently writing for - Activist Post and Bitboy Crypto. Not Right or Left Apolitical. I Care About Truths (CATS.) Cryptocurrency enthusiast, I mined and lost 100+ BTC in 2010-2011. I work with - Bitboy, SoMee, CEEK, Presearch, and W3BT aka FMW Media Group. Friend of mostly everyone who isn't a dick. Just A Cool Cat.