eUSD is probably a bit more similar to yCRV where its a representation of a pool of fiat-backed stablecoins that users can borrow from.

I don't fully understand this question, but I will always recommend holding some eGLD to anyone anywhere, anytime ??

Yup! We'll want to make it easy for users to access the solution, so Metamask will definitely be used as its one the most popular wallets on Ethereum.

The core components of our solution will be built natively in Elrond, which is highly scalable and efficient, no questions about it here ;) The projection to Ethereum is really just to access the fiat-backed capital available there, so we also minimize the cross-chain elements.

The simplicity of borrowing and lending. If you look at Compound, there's many assets and interest rates. On RAMP, there's just two assets - rUSD that represents staked assets, and eUSD that represents liquid capital

eUSD can be seen as similar to the yCRV, a representation of fiat-backed capital within a pool

So far we have announced partnership with Elrond and IOST, and I would also say that we want to deliver early outcomes for the Elrond community :) Beyond that, many other PoS chians have reached out, and we are working on a selective basis on who to on-board.

The first layer is an asset delegation layer for users, and you will have a wrapped token representation received in return that gives you a claim on the underlying you sent in. So as a user, you should not be affected.

That's one way to see it, yes haha

Allow users to stake assets and then issue a fungible derivative that can be used to borrow fiat-backed capital such as USDT, USDC, without needing to exit their original porfolio, and still receive staking rewards :)

In true DeFi fashion, we won't be building any custodial solutions :) The mechanism utilizes the rPool - the rPool is a shared interest pool that accrues a small % of staking rewards from all staked assets. So anyone who swaps, will buy and sell against the rPool (like a universal OTC buyer / seller)

Coming to our community within these two weeks! We are trying to design a fair system that can't be overwhelmed by bots, or require high gas

RAMP is going to be a lightweight set of smart contracts that deliver a specific use case. So we rely on the existing blockchain infrastructure by the foundation. This way we dont have to reinvent the wheel, or build resource consuming blockchain infrastructure.

Yes 100%. And that is why we want to work with PoS blockchain foundations, as they provide an extra pair of eyes on the smart contracts developed. And then the third party auditors as the third pair of eyes. We won't release any code without audit.

staking farming as the start for network participants, and also in RAMP, yield can be stacked. Farm RAMP tokens, stake it, which let you receive yield from the shared interest pool and also increase your farming efficiency, rinse and repeat

yup! we have 45% set aside for stake farming, so there's a lot of tokens to mine there ?

Thats a great question. I think such market shocks can happen in black swan events. I would first recommend that users dont overleverage to start with, and get comfortable with how the designs work. And then we also have an added layer of insurance. The shared interest pool will be deployed to backstop any loss of value in the collateralization ecosystem. We aim for it to be a "friendly" liquidator in that if asset values restore within say, 24 hours, it does seize the assets

We hope to have a basic delegation product developed within the next 4-6weeks if possible, and allow stake farming start early

Firstly, tokens have to overcollateralized. This can anything from 200% and up to start with. This is similar to how Kava or Maker work. (but RAMP will not charge stability fees)