Dublin, Eire–(Newsfile Corp. – November 8, 2021) – Ravendex turns into an ideal DEX on the Cardano Blockchain. Ravendex is a Cardano-based decentralized trade using the automated market maker (AMM) protocol with a aim to allow customers to commerce their cryptocurrencies on the Cardano blockchain with out having to depend on a government to manage it.
Determine 1: Ravendex On A Mission To Turn into The Go To DEX On The Cardano Blockchain
Ravendex is a decentralized trade constructed on the Cardano blockchain the place customers can simply convert their native Cardano property to ADA. It plans to supply pockets join function, value feed transactions, and Asset Value Shows to all her customers.
Ravendex goals to make DeFi extra accessible by offering quick and safe transactions with inexpensive prices. And can have the ability to course of trades utilizing good contracts which are based mostly on mathematical calculations.
A Staking platform the place customers can have the ability to stake their $RAVE tokens and earn rewards in addition to a lending and borrowing platform will probably be one of many quite a few options of the Ravendex ecosystem, making it stand out amongst different Cardano initiatives as one of many few third technology blockchain initiatives to take action.
A number of Liquidity Swimming pools
Ravendex, like different DEX akin to Uniswap and Pancakeswap will make buying and selling attainable by using quite a lot of property shared throughout a number of liquidity swimming pools. Merchants will have the ability to swap and purchase tokens from swimming pools that customers have locked up their funds in, whereas liquidity suppliers earn commissions in return. Traders and liquidity suppliers can present liquidity to tokens in trade for transaction charges.
Customers won’t must go by way of a 3rd social gathering to commerce on Ravendex; as an alternative, holders of our native token, $RAVE, will make the choices surrounding Ravendex. All customers who’ve it, will have the ability to suggest enhancements to how the ecosystem ought to work.
Reliable DEX statistics
Ravendex additionally goals to supply reliable DEX statistics by displaying transaction quantity and emphasizing that no KYC is important to make use of our platform, guaranteeing that customers’ monetary privateness and anonymity are protected.
Ravendex is on a mission to energy and promote decentralized monetary apps developed by Cardano initiatives by delivering a spread of highly effective service choices akin to a DEX, IDO Launchpad, and Borrowing & Lending Platform.
Each token gross sales of Ravendex has stuffed up inside hours of creating it reside, showcasing customers immense assist and belief.
Ravendex won’t fail to ship an more and more larger assortment of companies to take the Cardano ecosystem to the subsequent degree as we proceed to create and keep on with our technique.
Advantages of utilizing Ravendex
Merchants can get hold of Cardano-based tokens on Ravendex since we’ll present entry to newly launched Cardano tokens earlier than they’re accessible on centralized exchanges.
Decentralized exchanges are undoubtedly right here to remain, and traders who need to be part of the long run can embody $RAVE of their portfolio.
Ravendex can also be essential for these customers who need to swap their method right into a wider choice of Cardano initiatives.
Why The Cardano Ecosystem?
The Cardano blockchain has elevated in recognition and worth during the last 4 years, significantly with the activation of its good contract following the Alonzo onerous fork improve to Cardano’s mainnet, which enabled the deployment of Dapps on the Cardano blockchain.
Regardless of the spike in demand, there are nonetheless little flaws within the ecosystem that every one cryptocurrency followers are conscious of and one in every of them is issue in buying and selling ADA based mostly tokens. Ravendex emerged on account of the dearth of a seamless method for traders to commerce tokens on the Cardano blockchain.
Firm Identify: Ravendex Labs
Electronic mail: whats firstname.lastname@example.org
Web site: https://ravendex.io/
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