About Ravendex

About Ravendex

Ravendex is a decentralized and unattended exchange powered by Cardano that allows instant and fast asset 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 for a liquidity split on the Cardano blockchain. Ravendex is also the first Cardano-based project to conceive of the idea of crypto borrowing and lending 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 missing within the?ADA?ecosystem is its own native decentralized exchange.?Ravendex.io?another budding crypto project intends to set the records straight by building the world’s first completely decentralized exchange platform on the Cardano ecosystem.

Ravendex does not require an introduction as the platform has successfully made a name for itself since the previous year after announcing its project launch through a post on the popular?Bitcointalk Forum.

Currently, there are several Cardano-based projects active within the market and each one of them targets a different type of audience. But there is none like Ravendex as they are the first project taking full advantage of the Cardano (ADA) ecosystem.

When fully launched, Ravendex would have many Novel Features that would increase the adoption and Total Value Locked on Cardano Ecosystem as they are currently developing a Decentralized Exchange, IDO Launchpad, Staking and lending platform where users can borrow by collateralizing assets.

There is significant potential in Ravendex to quickly grow into one of the biggest decentralized exchange platforms but working entirely for the Cardano ecosystem. Reasons Why Ravendex is Unique:

• Ravendex will offer a unique and easy to use DEX for Cardano Native Tokens to be traded in a safe and decentralised manner. Ravendex would materialise as a decentralised platform where users can exchange and even trade Cardano native tokens without having to worry about?security?complications.

Native assets lending protocol that allows users depositing Volatile assets in a contract to access loans of Stable Coins. This functionality open doors to a plethora of?DeFi mechanisms.

• Ravendex team is also eyeing the exclusive NFT industry which has taken the world by surprise in a remarkable way. Holding $RAVE token, the native currency on Ravendex will provide users with the opportunity to earn more $RAVE by staking and yield farming and even obtain rare NFTs. Which will have real utility.
• Ravendex also features a Cardano Native Token Staking Platform where users can Stake Their $Rave tokens to earn more rewards in $RAVE. This will subsequently be able to accept not just Rave but any Cardano Native token.
• The increasing demand for the NFTs and the need for a reliable?NFT marketplace?has also been taken into account by the Ravendex team. This is why Ravendex is preparing for its brand new NFT marketplace open for all $RAVE holders. Users who own $RAVE can list their own NFTs, put a price tag on them, and proceed to sell them.
• Ravendex?ISPO?will be coming up shortly as ADA holders can be able to Stake Their ADA to RAVEP pool to earn rewards In ADA & $RAVE.
• An ISPO is a new fundraising mechanism that allows delegators of a?(POS) network to divert staking rewards towards a project of their choice and get project tokens in return. ISPOs are only possible on the Cardano blockchain because of its unique stake pool delegation structure.

Ravendex will be utilizing the new innovative?defi?fundraising model Initial Stake Pool Offerings (ISPOs).

Delegators who wish to stake their ADA and earn rewards in both ADA & $RAVE when the ISPO kicks off can do so by staking their ADA to RAVEPStake pool.

Since the time it was launched, Ravendex has reached several milestones including listing $RAVE token on BitMart and P2pb2b.

Ravendex token will be available for trading right after the BitMart listing. In order to celebrate this significant listing, Ravendex has announced an event NFT drop during which $RAVE holders can mint NFTs exclusively.

When minting opens, $RAVE holders can be able to mint the NFTs by sending a certain amount of $RAVE to the address in the feather requirements to mint a $RAVE NFT, The Higher Rave You send, the More NFts you get.

Prioritizing Transparent Tokenomics

Ravendex is a decentralized and immutable data exchange protocol on the Ethereum blockchain. Ravendex uses the concept of whitelists to allow individuals to be able to download the blockchain in its entirety. Data on the blockchain is protected using verifiable computation by arbitrarily distributing it across many computers, and then forever anchoring it in place on the public data chain.

Ravendex have developed an innovative incentive scheme (tokenomics) that ensures the long-term health of the network. The system encourages honest behavior by rewarding participants for correct execution of their duties, penalizing for dishonest behaviour, and allowing any party to closely monitor the performance of their peers. call this scheme Proof-of-Honesty.

Ravendex Conclusion

With the advent of blockchain technology, many solutions to existing problems have been introduced, but they are all project-specific, and they each face criticisms that can be hard to fix. Ravendex will be one of the first multipurpose decentralized exchanges on The Cardano Ecosystem that is not only project-specific, but rather a super ecosystem powered by CNTs & CNFTs. Best of all, it will contain a suite of tools with which to trade and manage your digital assets along with Cardano’s native cryptocurrency ADA.

Believe that the future of digital wallets is bright. More individuals will likely convert to the Ravendex platform in the coming years, with more features being added to increase security and convenience. have only identified a few key features in this whitepaper, but there are numerous others being developed to enhance the consumer experience. Users and merchants alike stand to benefit from these innovations, and it will be interesting to see how this idea takes off.

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/

AUTHOR

Bitcointalk Unsername: Vilta

Bitcointalk Profile:?https://bitcointalk.org/index.php?action=profile;u=2999898

BEP20 Address: addr1q87a957tgawk506hsth0dkm7whmkayf47fh7ya8dtrwgdlnzmu56cwflx9qgyxmwhm4gccvd2n?euunwhvhwuz88kcrsq26cl96