Cardano Based Decentralized Exchange Ravendex Readies For Staking & Launchpad Platform Release

Ravendex announces RAVENFT

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Cryptocurrencies have been bearish in the past few days, as investors cut most cryptocurrencies, including bitcoin, out of their portfolios to avoid volatile assets while keeping in mind the downturn in the global market due to a hawkish Federal Reserve. We expect higher interest rates.

The Ravendex team knows that the quality will last forever, which still prevents Ravendex from releasing the 10,000-pixel Raven Birds suite with proof of ownership stored on the RAVE NFT, Cardano blockchain. Not.

NFTs, unlike other NFTs, have real utilities. This is to reward users with $RAVE, a coin launched by Ravendex for use in the ecosystem. Users can also bet $RAVE NFT to increase the weight of project allocations initiated through IDOs.

Rave NFT holders can also list and sell their NFT on the Cardano Secondary NFT Marketplace.

$RAVE token, a utility token from Ravendex, a Cardano-based decentralized exchange that aims to bring the AMM protocol to Cardano, as Uniswap did with Ethereum, despite the massive market flood. Maintains price stability and fluctuations.

The Rave Token offers its holders the ability to vote on the Rave Governance protocol, trade LP tokens, provide liquidity, acquire companies, bet and approve future projects initiated through the IDO platform. to do.

The tokens are priced by the community as evidence of a decentralized target and are currently trading on Bitmart with a current market capitalization of over $5 million.

Ravendex will be the first project to use the AMM protocol in the Cardano ecosystem once launched, with others choosing the order book and scoop model. Based on the Cardano network, it is environmentally friendly and costs less than Proof of Mining currencies such as Bitcoin and Ethereum.

Cardano’s roadmap is currently focusing on some updates to improve and scale the network, and hopes to achieve faster transactions and adopt a Layer 2 Hydra solution. Partner I/O has just announced a promising expansion update that will increase the Plutus script memory module. to 12.5 million per transaction.

About Rafindex

Ravendex’s mission is to build and develop the latest dedicated De-Fi solutions and decentralized exchanges on the Cardano Blockchain.

Buy Rave: http://bitmart.com/trade/en? Symbol = RAVE_USDT & layout = Basic

Ravendex Social Links

Twitter: https://twitter.com/Ravendexlabs
Telegram: https://t.me/RaversNest
Github: https://github.com/Ravendexlabs

contact information:
Name: Raven
Email: send email
Organization: Ravendex Labs
Website: https://ravendex.io/

Source URL: https://marketersmedia.com/cardano-based-decentralized-exchange-ravendex-readies-for-staking-launchpad-platform-release/89061591

Version ID: 89061591

Comtex Tracking

COMTEX_401200234 / 2773 / 2022-01-25 T21: 05:57

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