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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
Waddup Degens. I’m sure at this point you’ve bridged over to the $Degen L3, bought some bonding curve memecoins, maybe made some gains, and you’re thinking — great! Bag secured. Time to bridge back to Base—WAIT. There’s a 7 day delay???? Ohhhhh hell nahhhhhh
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
https://bridge.degen.tips Rugged again by the official bridge. What if I told you there was a way to bridge back to Base instantly? That’s exactly what the team behind DeRamp is trying to do.
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
DeRamp is a cross-chain bridge that uses an arbitrage-based protocol to ensure users can safely onramp and offramp onto the Degen L3 chain – reducing the off-ramp time from 7 days to just a few minutes.
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
DeRamp v1 uses a native token — $DR — to allow users to instantly bridge between the Base and Degen L3 networks. Users will trade their native token for $DR on the source chain, interact with the DeRamp v1 contract, and receive $DR on the destination chain.
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
$DR is burnt whenever sent to the DeRamp contract, ensuring the supply of $DR remains constant. Now on to Tokenomics.
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
100,000 $DR will be minted. - 45% will be pooled on the Base L2 for liquidity and locked. - 45% will be pooled on the Degen L3 for liquidity and locked. - 10% will be allocated in a multisig to the DeRamp team for community growth, infrastructure maintenance and logistics.
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
Every time that someone buys/sells $DR on Uniswap or DegenSwap, a 2% tax will be taken and locked in a multisig contract to be used for $DR buybacks and liquidity provisioning to keep the price stable on both networks.
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
Every time someone uses the bridge on the DeRamp v1 protocol, a 2% fee will be taken and equitably distributed amongst all holders of $DR.
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
What’s more exciting is that v2 of the DeRamp bridge will be a native $DEGEN bridge, allowing you to swap between $DEGEN on the Degen L3 to $DEGEN on Base instantly. It'll use a liquidity provision model where LPs can lock $DEGEN on either network & receive fees on every txn made
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
Long-term holders of $DR will also receive fee rewards upon the release of DeRamp v2! I’ve spoken to the team behind the project and they’re legit, doxxed devs who are trying to solve a real problem and stick around for a long time.
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
I recommend you take the protocol for a spin and find out yourself. Shoutout DeRamp and congrats on the launch! CAs and project info below
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cousinape 🔵🎩🐹 pfp
cousinape 🔵🎩🐹
@cousinape
$DR CA on Base: 0x3847d1391d3Cb7e5B12637336F952F98F22e1413 $DR CA on Degen: 0x194162cCC046D230cFAFd10c4f7e4AE648D5e82d Website: https://www.deramp.tips/ Twitter: https://twitter.com/degenramp Telegram: https://t.me/derampontg
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MingMing13 pfp
MingMing13
@mingming13
Super glad to see a fast bridge be put up! Thanks for sharing cousin ape
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