About Ravendex
Ravendex is a Cardano-powered decentralized and unattended exchange that allows for instant and fast resource transfers between ADA and the native Cardano token. In other words, Ravendex is a cross-chain exchange that operates using the EUTXO model based on the Cardano blockchain. Ravendex is known for its shared liquidity feature. It allows a division of liquidity on the Cardano blockchain. Ravendex is also the first Cardano-based project to pitch the idea of borrowing and lending cryptocurrencies through the recently updated Alonzo Hard Fork.
Over the years, ADA has emerged as one of the strongest and high-performing crypto projects in its relevant industry despite not having a working DApp yet.
One of the things the ADA ecosystem lacks is its native decentralized exchange. Ravendex.io, another crypto project, intends to set the record by building the world's first fully decentralized exchange on top of the Cardano ecosystem.
Ravendex needs no introduction as the platform has built a successful name since last year after announcing the launch of its project through a popular Bitcointalk forum post.
Currently, there are a number of Cardano-based projects active on the market and each of them caters to a different type of audience. But there is no such project as Ravendex because they are the first to take full advantage of the Cardano ecosystem (ADA).
After the full launch, Ravendex will have many new features that will increase adoption and total value locked on the Cardano ecosystem as they are currently developing decentralized exchanges, Launchpad IDO, the betting and loan booking platform, where users can obtain mortgage loans. .
Ravendex has significant potential to grow rapidly into one of the largest decentralized exchanges, but one that works entirely for the Cardano ecosystem. Reasons why Ravendex is unique:
Ravendex will provide a unique and easy to use DEX to exchange Cardano native tokens in a secure and decentralized way. Ravendex will materialize as a decentralized platform where users can trade and even trade Cardano native tokens without worrying about security complications.
The native asset lending protocol allows users to deposit volatile assets into a contract to access stablecoin loans. This feature opens the door to many DeFi mechanisms.
The Ravendex team is also looking into an NFT industry that has surprised the world in exceptional ways. With the $ RAVE token, the native currency on Ravendex will give users the opportunity to earn more $ RAVE by aiming and producing crops and even getting rare NFTs. Which one will actually be used.
Ravendex also has a native Cardano token staking platform where users can stake their $ Rave tokens to earn additional $ RAVE rewards. This will then be able to accept not only Rave but any Cardano Native token.
The Ravendex team considers the growing demand for NFTs and the need for a reliable NFT market. This is why Ravendex is gearing up for its brand new NFT market, open to all $ RAVE holders. Users who own $ RAVE can list their NFTs, put a price tag on them and proceed to sell them.
Ravendex ISPO is coming soon as ADA holders will be able to stake their ADA pool on RAVEP to earn rewards in ADA and $ RAVE.
ISPO is a new fundraising mechanism that allows network owners (POS) to transfer staking rewards to a project of their choice in exchange for the project's tokens. ISPO is only possible on the Cardano blockchain thanks to its unique holding pool delegation structure.
Ravendex will use the new innovative fundraising model of the Initial Equity Pool (ISPO).
Representatives who want to stake their ADA and earn rewards in both ADA and $ RAVE when ISPO starts can do so by entering their ADA into the RAVEPStake pool.
Since its launch, Ravendex has achieved several milestones including the listing of the $ RAVE token on BitMart and P2pb2b.
Ravendex tokens will be available for trading as soon as BitMart is listed. To celebrate this important roster, Ravendex has announced an NFT drop event where $ RAVE holders can earn exclusive NFTs.
When minting opens, $ RAVE holders can mint NFT coins by sending a certain amount of $ RAVE coins to the address in the feather request to mint $ RAVE NFT, send higher raves, get more NFts more.
Prioritizing Transparent Tokenomics
Ravendex is a decentralized and immutable data exchange protocol on the Ethereum blockchain. Ravendex uses the concept of whitelisting to allow anyone to download the entire blockchain. The data on the blockchain is protected by verifiable computations that are arbitrarily distributed to many computers and then permanently fixed on the public data chain.
Ravendex has developed an innovative incentive program (tokenomics) to ensure the long-term health of the network. The system encourages honest behavior by rewarding participants for doing their job correctly, punishing dishonest behavior, and allowing any party to closely monitor their peers' activities. Call it an honesty checker.
Ravendex Conclusion
With the advent of blockchain technology, many solutions to existing problems have been proposed, but they are all project-specific and each has faced criticism that is difficult to deal with. Ravendex will be one of the first general decentralized exchanges on the Cardano ecosystem, not only dedicated to the project but also a super-ecosystem powered by CNT and CNFT. Most importantly, it will contain several tools to trade and manage your digital assets along with Cardano's native ADA cryptocurrency.
Believe that the future of digital wallets is bright. More people will likely migrate to the Ravendex platform in the next few years, adding more features for added security and convenience. Only a few key features have been identified in this white paper, but many more have been developed to enhance the consumer experience. Both users and sellers will benefit from these innovations and it will be interesting to see the success of this idea.
Find more Info About Ravendex
Website : https://ravendex.io/
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/
Proof of authentication;
Bitcointalk name: VihaanMilo
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=3424170
Telegram username: @Theodredore
Campaigns applied: youtube
ADA wallet Addresss : addr1qyx96t4caxx5pyq4xsx09c5su5njc9cfljmce2v9pldvnwall38hypdl8r0m4tpcdyluegp0tv kattmxn6lgq6tmndjqed4pnp