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Home Cardano

Ravendex, Next-Gen DEX On The Cardano Blockchain, To Release MVP Before End Of Q4 2021

by Crypto News
October 16, 2021
in Cardano
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Ravendex, Next-Gen DEX On The Cardano Blockchain, To Release MVP Before End Of Q4 2021
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Disclaimer: The textual content under is a press launch that was not written by Cryptonews.com.

RavenDex, touting to construct the following Gen decentralized trade on the cardano blockchain has been garnering Momentum since its conception couple of weeks in the past, The Cardano based mostly extensively adopted undertaking has seen its quick paced workforce released a Demo of their Decentralized Exchange (Dex) platform, which in keeping with them, they want to launch their absolutely Useful Product earlier than the top of This autumn 2021.

RavenDex is a Cardano blockchain-based decentralized trade that may allow blockchain individuals to supply liquidity and set up a marketplace for others to swap their native tokens and is the primary Cardano-based trade that permits instantaneous transactions at low charges. 

Because the commencements of its Token Sale on fifth of October 2021, Ravendex has offered over 60% of its allotted tokens to early adopters for his or her non-public sale spherical and the sale will finish in lower than 48Hrs, the gross sales of the $Rave token has been applied in keeping with the workforce to boost funds to help its operations, the workforce at Ravendex will announce its subsequent sale spherical within the occasion that the Non-public sale tokens is offered out. Need to develop into an early adopter? 

Join the $RAVE Private Sale.

Non-public Sale For Early Adopter?

Coupled with RavenDex Cross Chain capability, customers will be capable of swap their Cardano tokens to generate passive revenue. Liquidity suppliers will earn curiosity for pooling or contributing their digital property into the liquidity pool for others to borrow. Ravendex helps ADA customers with value feed transactions, asset value shows, in addition to wallets to retailer their tokens. 

Being a undertaking that’s poised to realize large traction, token holders can promote their property to make elevated income. What’s extra? Ravendex presents low payment transactions to encourage crypto lovers to additional undertake the idea of decentralized finance. 

The $RAVE Token

$RAVE is the native token of the Ravendex protocol which can energy its platform with a complete provide of 1 billion $RAVE in circulation. Token holders can work together with the Cardano community by lending, staking, contributing to the liquidity pool, and endorsing Cardano tasks. Ravendex customers can use the token to buy items and providers on the ecosystem and likewise get pleasure from a reduction for paying transaction charges utilizing the token. 

How To Purchase $RAVE Token?

The non-public sale of $RAVE commenced on October fifth, 2021. That is the primary part of the sale, and is open to early adopters. You may be part of the non-public sale by https://sale.ravendex.io/. 

After the non-public sale which is sort of over is finished, there will likely be a Seed sale adopted by the Pre-Sale after which the Public Sale. Throughout the Seed sale, 200 million $RAVE tokens will likely be in provide on the fee of 0.0027 ADA per token, within the Pre-Sale part over 100 million $RAVE tokens will likely be obtainable on the market on the fee of 0.0032 ADA per token, after which comes the Public Sale with 100 million $Rave Tokens Accessible on the market on the Value of 0.0040 ADA Per Token. You possibly can learn this guide for extra particulars on tips on how to be a part of the presale. 

Within the weeks to return, Ravendex will scale to develop into a completely decentralized autonomy group. The workforce at Ravendex intends to develop the undertaking to a degree the place group members could have the appropriate to vote and be voted for.

Ravendex Options

Ravendex is totally different from different tasks on the Cardano blockchain due to its distinctive options that permit for a Borrowing and Lending Protocol, it would permit customers to lend their digital property to a liquidity pool to earn curiosity. It additionally permits customers to borrow from the pool by offering collateralized property. The charges charged by Ravendex are infinitesimal. The workforce members are individuals of impeccable character who perceive the Fintech and blockchain industries. 

About Ravendex

Ravendex is a Cardano-powered decentralized and non-custodial trade that permits instantaneous and swift asset switch between ADA and native Cardano tokens. In different phrases, Ravendex is a cross-chain trade that capabilities utilizing the EUTXO mannequin based mostly on the Cardano blockchain. Ravendex is understood for its shared liquidity characteristic. It permits for the splitting of liquidity on the Cardano blockchain. Ravendex can also be the primary Cardano-based undertaking to conceive the concept of crypto borrowing and lending by way of the lately up to date Alonzo Laborious Fork. 

Social hyperlinks 

Twitter: https://twitter.com/Ravendexlabs 

Telegram: http://t.me/ravendexlabs 

Github: https://github.com/Ravendexlabs 

Media contact

Firm: Ravendex Labs

Contact Title: Raven

E-mail: [email protected] 

Location: Dublin 

Web site: https://ravendex.io/

 





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