Posted 11 months ago | by Catoshi Nakamoto

We are happy to announce that the wBNB collateral asset is now live on RAMP V2!

1*57ZdeVIriZ lWVLaq4IMTw wBNB Collateral Asset is Now Available on RAMP V2!

RAMPers can now deposit wBNB into this vault as a collateral asset to mint rUSD, which can be used as liquidity directly on PancakeSwap.

wBNB supply APY is 12.53% APY (at time of writing). Interest rates, which are dynamically adjusted, are currently at zero percent.

This means that users supplying wBNB and borrowing rUSD at their max borrowing capacity will earn a net positive 11.5% on their borrowing position at the above-mentioned supply/borrow rates.

A Swap function has been added onto the platform for users to wrap their BNB before depositing. This Swap is powered by the PancakeSwap smart contract, so RAMPers can use this Swap to exchange rUSD for other tokens directly on RAMP V2 as well!

wBNB in Binance Smart Chain

Join the RAMP Community

Backed by world-class investors, RAMP DeFi is an optimized lending platform that aims to give users the highest deposit yields and lowest borrowing fees on collateral assets within Binance Smart Chain and Polygon.

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.

Users can access the RAMP token on:

Binance | FTX (Futures) | PancakeSwap | Uniswap | Gate.io | MXC | Bittrex

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

Twitter | Telegram | LinkedIn | Discord | Medium

For partnerships, media, or other collaboration opportunities, please email team@rampdefi.com.

Original article published on Ramp Defi’s Medium.

About Catoshi Nakamoto

c6ea0c3794492f30883e516d39b2597a?s=90&d=blank&r=g wBNB Collateral Asset is Now Available on RAMP V2!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.