Ravendex – Next Gen Non-Custodial DEX And Launchpad Powered By Cardano Blockchain

Ravendex – Next Gen Non-Custodial DEX And Launchpad Powered By Cardano Blockchain
фото показано с : zycrypto.com

2021-12-5 19:02

Ravendex primarily ranks to be the first non-custodial decentralized exchange and Launchpad powered by the Cardano Blockchain.

It features four multi-function liquidity pools which are as mentioned below:

Constant-product poolStable poolMulti-asset poolDynamic pool

APY rates were initially lower than other lending platforms on various blockchains, such as AAVE on Ethereum. Due to Cardano Blockchains’ speed and low transaction costs, the utilization of borrowed funds and overall returns to investors were greater and more efficient than other networks.

Decentralized Automated Market Maker System

Soon, the much-anticipated decentralized automated market maker system, RavenDex, will be available for trading. This means an investor can transfer tokens across blockchains without a third party, like an exchange.

RavenDex’s decentralized asset exchange utilizes HTLC technology. The protocol ensures the exchange if everyone agrees. On the other hand, those who do not complete the operation will be refunded.

Staking For Revenue

As revealed by Ravendex, $RAVE holders may stake their tokens to receive $RAVE rewards via a simple web interface. Ravendex will debut its staking platform sooner than anticipated. Thus, making Ravendex a more lucrative platform for early adopters.

With a Non-Fungible Token Staking Protocol, Ravers may stake their rare digital collectibles and earn reward points. WHEN LAUNCHED, $RAVE token holders may use the staking platform to earn up to 25% more.

Each cycle, the stake is determined by the quantity of $RAVE allocated. Holding $RAVE allows investors to give liquidity to DEX projects and earn a share of the fees. Similar to staking.

About Ravendex

Ravendex is one of the first applications in the Cardano Ecosystem to use the newly announced Alonzo Hard Fork upgrade, which allows smart contracts to deposit assets and receive interest according to pre-defined parameters.

Media Links

Github: https://github.com/Ravendexlabs

Telegram: http://t.me/ravendexlabs

Twitter: https://twitter.com/Ravendexlabs

Contact Channels: 

Company Name: Ravendex Labs

Contact Name: Raven

Email: [email protected]

Location: Dublin, Ireland

Website: https://ravendex.io

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Rocket Pool (RPL) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $23.14
Капитализация $0 Rank 99999
Цена в час новости $ 15.66 (-100%)

pool blockchain cardano ravendex non-custodial powered launchpad

pool blockchain → Результатов: 126


Greenheart Token Closes Four Consecutive Pools

The Greenheart CBD Staking Program opened on June 7, 2021 and closed swiftly after reaching its target. To the same high demand, two more pools opened soon after and also closed early. The fourth pool closed recently—signifying a total of four (4) successfully closed pools for the first-ever CBD DeFi token on the blockchain network—the … Continued The post Greenheart Token Closes Four Consecutive Pools appeared first on BeInCrypto.

2021-10-9 11:00


Фото:

PARSIQ Unveils 1 Million $PRQ Incentive Program for IQ Pool Participants

On-chain cryptocurrency data monitoring platform PARSIQ is set to launch a massive 1 million $PRQ incentive program. PARSIQ Unveils $PRQ Incentive Program PARSIQ, a blockchain monitoring and workflow automation platform that bridges the gap between on-chain and off-chain applications in real-time by providing transaction notifications for end-users today shared details of its 1 million $PRQRead More

2021-9-27 18:00


Появился первый пул для майнинга с помощью чистой энергии

26 марта криптовалютные компании DMG Blockchain Solutions и Argo Blockchain анонсировали запуск первого пула Terra Pool для добычи биткоина с помощью чистой энергии. Вначале пул будет использовать электроэнергию гидроэлектростанций, предоставляющих мощности DMG и Argo.

2021-4-13 23:15


Фото:

Argo Blockchain запустит «зеленый» пул для майнинга биткоина

Компания Argo Blockchain совместно с DMG Blockchain запустит первый экологичный пул для майнинга биткоина - Terra Pool. Он будет использовать только энергию, вырабатываемую гидроэлектростанциями.

2021-3-27 17:31


MVP Workshop Partners With Moonbeam to Further Explore Blockchain and Web 3 Technology

MVP workshop, a blockchain product research and development firm has strategically partnered with the Moonbeam platform to further explore the blockchain and web 3 technologies. According to a joint press release, both companies will pool together resources to form a business unit focused on the development of web 3 tools and technologies. In a note […]

2021-2-10 19:32


Фото:

Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash

An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24 hours.

2021-1-22 14:26


Bitcoin Mining Pool Stirs Controversy by Promoting Censoring BTC Transactions

Blockchain analyst firm, BlockSeer has launched a private mining pool, currently, in beta, that will censor certain Bitcoin transactions. Given that the Bitcoin community emphasizes censorship-resistance, an essential feature of cryptocurrency that makes it differentiating from the central bank digital currencies, it’s pretty obvious that the company would come under fire for its move.

2020-11-14 22:33


Decentralized insurance protocol Nexus Mutual integrates Chainlink oracles

Nexus Mutual, a peer-to-peer risk sharing mutual built using smart contracts and blockchain technology, announced today it is now using Chainlink’s price reference data contracts for decentralized valuations of its multi-currency capital pool Chainlink’s decentralized oracle network will bring transparent and accurate on-chain valuations to Nexus Mutual’s multi-currency capital pool.

2020-3-5 20:39