Ravendex - Building a Decentralized Protocol Fully Powered by Cardano

in rave •  3 years ago 

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What is Ravendex?

Ravendex is a non-custodial Decentralized Exchange on the Cardano Blockchain that will allow swift and near instant transfer of assets and liquidity between native Cardano tokens and ADA, utilizing the Cardano EUTXO model known for it’s unique features like the ability to have shared liquidity be split among different assets on The Cardano Ecosystem.

This is also one of the very first projects on The Cardano Ecosystem to conceive the idea of a super ecosystem powered by CNTs & CNFTs.

Ravendex Explainer

AMM Swap & Liquidity Provision Protocol

Ravendex is developing a decentralized automated market maker protocol that will enable users to swap and trade native cardano tokens in a trustless manner.

On top of the Cardano ecosystem, the eUTXO architecture provides a one-of-a-kind opportunity for exchanges to pool liquidity.

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NFT Staking & NFT Gamification

We conceptualized the first super utility cardano ecosystem powered by the Rave Token & Rave NFTS.

Transparent Tokenomics

Carefully designed tokenomics to ensure decentralization and immutability.

ERC-20 to Cardano Bridge

Our We are developing an EVM — Cardano Token Bridge would be helpful for project owners that would like to migrate their tokens from EVM blockchains to Cardano to utilize the low transaction fees of Cardano by just a few clicks.

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Press and interviews

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  • “RavenDex is another unique platform built on the Cardano Blockchain. It is a cross-chain exchange that operates using the EUTXO accounting model with unique features like splitting liquidity.”
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  • “Ravendex is a unique project, where users can lend their assets to a pool while earning interests. Furthermore, anyone can borrow within the platform as long as they provide collateralized assets.”
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  • “Ravendex is Cardano-based decentralized exchange utilizing AMM protocol with a goal to enable users swap their assets on the Cardano blockchain without having to rely on a central authority to control it.”
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  • “Ravendex is a Cardano-based project that seeks to integrate a staking platform as well as a lending and borrowing platform, making it stand out among other Cardano Dex initiatives”
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Roadmap

Q3 . 2021 Completed

  • Announce RavenDex Project
  • Website Creation
  • Deploying Rave Token On The Cardano Blockchain
  • White Paper Creation And Release
  • Awareness Sensitization Campaign
  • Launch Telegram Group, Twitter and Reddit Communities
  • Tokenomics Release

Q4 . 2021

  • Ravendex Swap Demo Release
  • Initial Token Sale To Early Adopters
  • Token Distribution (No Vesting)
  • Staking Platform Development
  • Exchange Listing
  • Ravendex ISPO

Q1 . 2022

  • Ravendex Testnet Release
  • 2nd Exchange Listing
  • Ravendex Swap Development
  • DEX Listing
  • NFT Staking Development
  • 3rd Exchange Listing
  • Staking Platform Release
  • Ravendex Swap Development Progess Update
  • Ravendex NFT Staking

#Rave #Ravendex #CardanoADA #Ravendexlabs #NFT

Find more information about Ravendex

Username : pijayplow93
Profile : https://bitcointalk.org/index.php?action=profile;u=2750501
ADA Wallet Address: addr1qy2ww6p989gsamnlyaq72gu6g3q0gk87n2r4k2qt8mawndsrjeuavxc2u55g0zxrc53cymzneg47v3kua6rjj2qz988q4vk4uc

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