rUSD Ramp Metapool
Leveraging Nerve 3Pool liquidity in collaboration with Ramp DeFi.
A metapool allows a single coin (in this case, rUSD) to be pooled with all the coins in another pool (the Nerve 3Pool) without diluting its liquidity. Minted after staking LPs at Ramp DeFi (docs), rUSD is an over-collateralized stablecoin that allows further leveraging of yield-earning positions. You can stake rUSD, BUSD, USDT or USDC into the metapool. Like the 3Pool, it is not necessary to deposit all 4 tokens at once, but watch the price impact when depositing tokens in an unbalanced fashion to see if you are getting a deposit bonus or penalty.
The Nerve rUSD-3Pool metapool enables you to:
- Deposit and withdraw without a fee (0%).
- Unstake and withdraw liquidity at any time - there is no lock-up period.
As of 13/05/2021, the 0.04% trading fees on swaps within the rUSD metapool go to the DAO treasury; this revenue will be used as determined via community governance.
Stake your nrvRUSD LP in the rUSD/3NRV pool at Ramp DeFi: https://appv2.rampdefi.com/#/ Guide: https://medium.com/rampdefi/user-guide-to-adding-liquidity-to-rusd-3nrv-pool-on-nerve-finance-228ddf7676e1