RavenDEX Ecosystem Overview

in ravendex •  2 years ago 

Hi everybody, how are you? If you are interested in participating in the Ravendex Token project, you should read the information that will provide you with information that can help you realize your vision and mission.

Introducing RavenDex Platform

hGZaHVnS_400x400.jpg

The world of cryptocurrencies is full of momentum. The cryptocurrency industry has never been the same since the beginning of decentralized finance, commonly known as DeFi. Several cryptographic projects have incorporated DeFi into their ecosystems to improve the economics of the project and ensure infinite equity and profits for their users. DeFi technology is a game changer in the global crypto space. In this publication I will talk about RavenDex, a revolutionary automated DEX based on the Cardano Blockchain. The protocol will allow for a smooth and fast transfer of assets and liquidity between cardano tokens and, using the EUTXO protocol, cardanao can share liquidity between different asset classes on the system.

About RavenDex

RavenDex is a unique project on the Cardano blockchain that will enable the idea of ​​a robust ecosystem powered by CNT and CNFT. RavenDex implements the AMMSwap and LP (Liquidity Provisionary Protocol) provisioning mechanism. RavenDex has created a decentralized AMM that allows users to trade, buy and sell their Cardano (ADA) tokens in a decentralized and trustless way. As mentioned above, one feature that makes RavenDex even more unique is the eUXTO structure which allows trading opportunities for increased liquidity.

A distinctive feature of RavenDex is NFT Staking and Gamification, users can passively earn profits via Staking Rave NFTS or the native token (Rave).

Users will be able to stake their NFTs to earn rewards and also lend resources to match with others for profit. Unlike some DeFi ecosystems with limited functionality, users can also borrow and donate the collected resources. Rave Token has many utilities, making the token highly demanded by users, thus improving the token price and ecosystem growth. Users can earn money in many ways on the platform. RaveNFT and Rave token holders and creators can earn incentives.

RavenDex DAO

RavenDex has developed a decentralized autonomous organization powered by RAVE. The goal is to enable fairer and more transparent project management, thus improving the growth of the ecosystem.

RavenDex will allow users to trade, lend and bet. Users can also buy their tokens from external centralized exchanges or decentralized exchanges like Bitmart, Sundaeswap, P2PB2P and others in the future. One of the best benefits offered by the ecosystem is the lower fees and high security of the platform. Unlike the ethereum platform where most users complain about high transaction costs, RavenDex implements the Cardano Blockchain to ensure lower transaction costs and a high level of security for users.

1651144537622.png

RavenDex Project Objective
RavenDex is a DEX based on the Cardano blockchain. This is the first DEX in the world to implement the Alonzo Hard Fork update on the Cardano Blockchain. RaveDex also allows the purchase of $RAVE NFT. Raven NFT includes up to 2000 Rave NFT with powerful and unique utilities in the ecosystem. There are a number of their NFT designs that have no practical use, which makes Rave's NFT stand out. The ecosystem allows Stake RaveNFT users to earn extra income. Users who bet on NFT may be eligible for an IDO in the future and also be able to sell their crypto assets on the market. Initial RAVE token distributor earns passive income depending on deposit amount.

Staking information

$ RAVE NFT users must have at least $ 30,000 RAVE tokens in their wallet and must also make a minimum deposit of $ 50 ADA. Currently, over $ 9 million ADA has been invested in RAVEP. RAVE NFT users can stake their NFT tokens for the next period. 2 months, 4 months, six months, 1 year depending on the user's preferences. APY staking increases by up to 60% and the revenue generated depends on the number of $ RAVE tokens 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 fundraising system that ensures a fairer, safer and more inclusive way of fundraising than existing conventional approaches,

To join ISPO, users must create a wallet on Deedalus, a Yoroi wallet that allows ADA holders to delegate their resources to a pool of stakes in exchange for a stake reward. Elsewhere to qualify for RavvenDEX ISPO, users must authorize RAVENDEX stake pool (RAVEP) and this will ensure that users are rewarded with $RAVE tokens based on the number of tokens (ADA) ) are deposited and wagered from time to time.

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/

#PROOF OF AUTHENTICATION##
Bitcointalk Username: AmosAdriel
Link Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=3423899
Perticipated Campaigns: youtube
Telegram username: @Aleloxander
Wallet : addr1qxc299cdppuyrcmatnqwzad8zwhg4472yqscnzef0s74er26h9pdsajahev2zdngw68fp6hwuc fdhj27w3a3x2w60txqsyjatu

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!