The Ravendex authority wants to make a completely decentralized independent association for the huge Cardano people group where they can meet up and make their voices heard by deciding on practical tasks. The group clarified that the Ravendex project was based on the Cardano environment with the target of tackling two primary issues with the cryptocurrency market.
They expect to be the one-stop decentralized money center on Cardano. They expect to focus on two principle highlights with the possibility to make an incentive for the tasks based on the biological system. The administration clarified the reasoning behind building RavenDex on the Cardano blockchain.
The goal is to provide efficient cross-line transactions at low costs. To accomplish its grand objective, the group means to take the Cardano biological system past this level, on to a higher level. Making a stage where financial backers will not have cross-chain exchange messes up, the RavenDex Cross-Chain Exchange and Swap Protocol have ensured expanded exchanging volume and liquidity on its foundation.
Ravendex conceptualized the first super utility Cardano ecosystem powered by the Rave Token & Rave NFTS. Rave blockchain is a third generation blockchain that can integrate any smart contract with its revolutionary proof of stake voting system. By implementing the NFT staking concept, individuals or businesses can stake (or tax) their NFTs to purchase raves or other NFTs on our platform and participate in voting for big proposals that have great impact to this Cardano based ecosystem.
Where and how can you participate in the Ravendex ISPO
- You can delegate your ADA to a stake pool in exchange for staking rewards using Daedalus or Yoroi wallets.
- Using the Ticker RAVEP, you can delegate to Ravendex stake pools and participate in the ISPO.
- The amount of ADA staked and the length of time spent staking will determine how much $RAVE tokens you receive in return.
The project supported by experienced and highly qualified team, which in my opinion is able to bring the project to the highest level in the shortest possible time and I hope they succeed. The one significant quality, which makes blockchain technology a revolutionary product is its decentralization. Decentralization refers to a system with no intermediary authority like a banking or financial body, and it distributes the right of authority from a single entity to multiple individuals. Still, many investors and traders have been investing in digital currency through centralized exchanges, which is not following the blockchain controls everything from funds to transactions. To get rid of this exchange intermediary, decentralized exchanges were developed which require no entity to process the transaction.
End :
With that said, Ravendex is developing a decentralized automated market creation protocol that allows users to exchange and trade genuine cardano tokens in an unbelievable way. On top of the Cardano ecosystem, the eUTXO architecture provides a unique opportunity for exchanges to accumulate liquidity. you have to attack all networks with digital asset data. With that said, Ravendex is developing a decentralized automated market creation protocol that allows users to exchange and trade genuine cardano tokens in an unbelievable way. On top of the Cardano ecosystem, the eUTXO architecture provides a unique opportunity for exchanges to accumulate liquidity.
Find more Info About Ravendex
Ravendex Website : https://ravendex.io/
Ravendex ISPO Link : https://ispo.ravendex.io/
Telegram : https://t.me/RaversNest
Twitter : https://twitter.com/ravendexlabs
ANN : https://bitcointalk.org/index.php?topic=5393948.0
Github : https://github.com/Ravendexlabs
Medium : https://ravendex.medium.com/
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author : BrandyAvalosos
Profile : https://bitcointalk.org/index.php?action=profile;u=2603073
Wallet Address: addr1q95mxcfnkvjkdfnj90wx2v036qwzkyj25esqjug4uayuvpw9c7tp2px233vpa9trhhyh4fpvs2 4rwh8gkjh480ms20tsn96kxd