Blockchain
Ravendex Launches A Non-Custodial Cardano Native Token Staking Platform
Dublin, Ireland–(Newsfile Corp. – February 21, 2022) –
Figure 1: Ravendex Launches A Non-Custodial Cardano Native Token Staking Platform
Working across several tokens on the Cardano Blockchain, its operation is based on the EUTXO model with unique features that include the ability to split shared liquidity among different Cardano-based assets.
More so, it belongs to the pioneer exchanges that brought crypto asset borrowing and lending to the Cardano Ecosystem. Thanks to this innovation, cryptocurrency investors can easily borrow or lend out their digital assets on the Ecosystem.
According to the team, Ravendex is currently trading on two exchanges – Muesliswap and Sundaeswap. That’s in addition to trading on Bitmart to give users a wide range of options.
The permissionless Rave staking platform with 12% APR is live now with over 30 Million Rave tokens already staked while the team is close to launching its DEX testnet.
The project aims to transform into a full DAO governed by Rave NFT Holders, over 10,000 pixelated raven birds and a native staking platform on the Cardano Blockchain which are currently minted.
Initial Stakepool Offering (ISPO)
The team seized the opportunity to announce its new fundraising mechanism, the Initial Stakepool Offering. The ISPO will allow the “Cardano community to support their favorite project without letting go of their ADA assets but instead, leveraging Cardano’s native reward incentive structure.”
Interested delegators can stake their ADA to the RAVEP stake pool and earn $RAVE rewards.
The deserving delegators who stake their ADA on the Ravendex stake pool will be rewarded with a portion of the staking rewards.
To ease the staking process and put investors’ minds at rest, they can stake ADA without locking their token or the tokens leaving their wallets.
How to Participate in the ISPO
Cryptocurrency investors who are interested in the ISPO can participate through their Yoroi or Daedalus wallets. ADA holders can use either of the wallets to assign their assets to a stake pool and get staking rewards in exchange.
To benefit from this offer, participate in the Ravendex ISPO by using the Ticker RAVEP to delegate to Ravendex stake pools. You will receive $RAVE tokens in reward for the staking in line with the staking duration and ADA staking amount.
ISPO Details
- Total $RAVE rewards: 66,560,000 $RAVE.
- ISPO Launch: Epoch 320.
- ISPO Block End Time: 352.
- Duration: 32 Epochs.
- RAVEP: $RAVE ISPO 100% Pool.
- 1 ADA staked = 0.0325 $RAVE per epoch.
Social Media
Github: https://github.com/Ravendexlabs
Telegram: https://t.me/RaversNests
Twitter: https://twitter.com/ravendexlabs
Documentation: https://docs.ravendex.io/
Medium: https://ravendex.medium.com/
Contact Channels:
Company Name: Ravendex Labs
Ravenslabs
Email: [email protected]
Website: https://ravendex.io
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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