Introducing Ripe
2 min
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Earn yieldon
every
thing
Meet Ripe–a new DeFi protocol that lets you earn yield on everything. 🍋 It's powered by a fresh stablecoin: decentralized (but scalable), algorithmic (yet collateralized), productive (and capital efficient).
EARN —
Put to work
ETH —
Stables —
Punks —
Earn yield on all your digital assets–crypto, stablecoins, and NFTs. Farm on classic protocols like Convex and Curve through Ripe, and get your regular rate and additional boosted yield.
Borrow —
Leverage
your
collateral
You can use your productive assets—like yield farming positions— as collateral for loans. Borrow against the value of your LP tokens, NFTs, and more and get true capital efficiency.
Bond —
Highyield
bonds
Earn extra APY by purchasing jUSD bonds with stablecoins like USDC, DAI, and USDT. Limited amounts of bonds are released on a regular schedule.
How it works —
The 4
Cornerstonesof Ripe
Capital Efficient
Ripe aims to have the full value of your assets productive and working for you. The goal is 1:1 capital efficiency.
Trusted Borrower
Ripe acts as a Trusted Borrower and allocates the value of unused collateral to generate yield.
Algorithmic
Ripe is powered by an algorithmic stablecoin, jUSD. The amount of jUSD that the protocol borrows ramps up or down based on the value of user deposits.
Fully Collateralized
jUSD is 100% collateralized and backed by user deposits.
jUSD —
A new
paradigmin
stablecoins
User Earns
When users deposit funds into the system, they are deployed in the user's choice of classic yield farming strategies.
User Borrows
Ripe mints its native stablecoin, jUSD, equal to the amount of user assets in the system, and allows users to borrow up to their LTV ratio.
Protocol Borrows
Ripe acts as Trusted Borrower of the value of collateral not borrowed by users, and swaps it for stablecoins via market channels (including Ripe's own bonding mechanism).
Protocol Earns
The protocol puts those stablecoins to work generating yield, which is distributed to key Ripe stakeholders (depositors, jUSD stakers, governance holders).
Earn perkswith Juice
Increase your personal Juice Score as you Earn, Borrow, and Bond. The higher your Juice Score, the better the perks!
Perks
- Boosted Yield
- Higher LTV ratio
- Lower APRs
- Lower liquidation ratio
Join usin
creating
the future
The ability to save, earn, and grow wealth—even while you sleep—is a powerful use-case. And while today the ability to earn yield is mostly limited to onchain assets (crypto, NFTs), we'll soon see the tokenization of real-world assets (houses, sneakers, goats).
At Ripe, we believe everyone should be able to put all their assets to work in a capital efficient way. It's a revolutionary idea that will change finance—and the world.
Join us
