RavenDEX Ecosystem Overview

Introducing RavenDex Platform

The world of Cryptocurrency is full of dynamism. Cryptocurrency industry has never been the way it used to be ever since the inception of Decentralized Finance popularly known as DeFi . Different cryptocurrency projects has incorporate DeFi into their ecosystem to boost their project economy and ensure fairness and unending profitability for their users. DeFi technology is a game changer in the global crypto space . In this publication i will be discussing about RavenDex , a game changing Non Custodial DEX based on Cardano Blockchain . The protocol will enable smooth and fast transfer of assets, and liquidity among cardano tokens , and using the cardanao EUTXO protocol which is capable of sharing liquidity among different class of assets on Cardano Ecosystem.

About RavenDex

RavenDex is one of a kind project on Cardano blockchain that will allow the idea of powerful ecosystem which is powered by CNTs and CNFTs.RavenDex implements AMMSwap and LP Provision mechanims, (Liquidity Provision Protocol). RavenDex has built a decentralized AMM that will allow its users to swap and trader their (ADA) Cardano tokens in a decentralized and trustless manner. As mentioned earlier, one features which makes RavenDex more unique is its eUXTO structure which allows exchanges opportunities to pool liquidity.

Another distinguishing feature of RavenDex is the NFT Staking and Gamification , Users can earn profits passively by Staking Rave NFTS or the native token (Rave) Token.

Users will be able to stake their NFTs to earn rewards and also lending assets to pool in other to earn profit. Unlike some DeFi ecosystem with limited features , users can also borrow and provide collalterized assets. Rave Token have many utilities , this make the token highly demanding by the users , hence improving the token price and ecosystem growth . Users can earn in so many way in the platform . Holders and stakers of RaveNFT and Rave token can earn incentives .

RavenDex DAO

RavenDex has developed a decentralized Autonomous Organization powered by RAVE. The goal is to allow the project to be more managed in a fair and transparent manner , hence improving the growth of the ecosystem .

RavenDex will enable users to conduct trading activities, lending , staking. Users can as well buy their token from external centralized exchanges or decentralized exchanges like Bitmart , Sundaeswap, P2PB2P and more exchanges coming in future. One of the best advantages offfered by the ecosystem is Lowest fees and high security of the platform . Unlike ethereum platform where majority of users laments high transaction cost , RavenDex implements Cardano Blockchain which guarantees lowers transaction charges and high level of security for the users.

RavenDex Project Objective

RavenDex is a Cardano blockchain based DEX . It is the world first DEX which implements Alonzo Hard Fork update on Cardano Blockchain . RaveDex also allows Staking of $RAVE NFTs . Raven NFT consists of up to 2000 Rave NFTs with a strong and genueine utilities in the Ecosystem . There are several project their NFTs does not offer real utilities , this makes Rave NFTs stands out . The ecosystem allows users to Stake their RaveNFTs to earn more income . Users who stake NFTs can get qualify for the future IDO and they can as well sell their Crypto assets on marketplaces. Stakers of native RAVE token earn passive income depending on the amount stakes .

Staking information

$RAVE NFT users must hold at least 30,000 $RAVE token in wallets and also stake minimum of $50 ADA . Currently over $9 million worth of ADA has been staked in RAVEP . Users of RAVE NFT can stake their NFTs token in the following period . 2 months, 4 moths, six months , 1 year, depending on the individual users interest . Staking APY is up to 60% and the revenue generated depend of the amount of $RAVE token held in the wallet.

RAVE token can be purchased in the following exchanges

(a)Bitmart Centralized Crypto Exchange : https://www.bitmart.com/trade/en?symbol=RAVE_USDT

(b) : Sundaeswap DEX: https://exchange.sundaeswap.finance/#/swapswap_from=14a3455f71c435a04ea1fdb50a3ef4c1cab0e79fb1565627ac66a575.52415645&swap_to=cardano.ada

RavenDex Initial Stakepool Offering (ISPO)

ISPO is a modern fund raising sysem which guarantees a more fair , secure and inclusive way of funds raising compared to the existing conventional approach,

To participate in ISPO , users need to create a wallet on Deedalus, Yoroi wallets which enable ADA holders delegating their assets into a stake pool for exchanging staking rewards. In other to be eligible in RavvenDEX ISPO , users need to delegate to RAVENDEX stake pools (RAVEP) and this activitiy will guarantee users to be rewarded in $RAVE token based on the amount of (ADA) token staked and staking duration.

Project Official Resources

Website: https://ravendex.io

Documentation: https://docs.ravendex.io/

Github: https://github.com/Ravendexlabs

Telegram: https://t.me/RaversNests

Twitter: https://twitter.com/ravendexlabs

Medium: https://ravendex.medium.com/

Writers info

Username : windecentralising

Profile link : https://bitcointalk.org/index.php?action=profile;u=2866633

wallet id: addr1qxuzxucjr244tarte9t587xyc4nsg6mzy6knmkdyfnu87ttgq7fmedzy42ydumfvg5nh3ktst0jtkphd3gwylfd52pps09cqsu