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RAMP has reached cooperation with Injective Protocol and TomoChain to jointly launch cross-chain encrypted derivatives

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Through RAMP's mapping asset liquidity unlocking solution, the cross-chain pledge derivatives market is brought to Injective.

Rhythm BlockBeats news, on January 20, RAMP announced a cooperation with Injective Protocol and TomoChain to launch cross-protocol encrypted derivatives. Users will be able to complete derivatives transactions across multiple agreements in one agreement.

From the interface, users only need to click to pledge TOMO in the RAMP smart contract and generate mapping assets wTOMO along with recurring staking rewards; one more click sends wTOMO to Injective for leveraged trades or to launch new derivatives markets. This mode is easier for users to understand and use.

Now more and more PoS chains are integrated with RAMP, such as Elrond, Tezos, Icon and NULS, etc. The goal of RAMP is Through RAMP's mapping asset liquidity unlocking scheme, the new cross-chain pledge derivatives market is brought to Injective.

In the future, the teams of RAMP, TomoChain and Injective will also expand more cooperation opportunities in the financial field.