Connect with us

Blockchain

Cardano-Based Ravendex Readies for 4th Exchange Listing, Set to Release NFT Staking Platform

Published

on

Dublin, Ireland–(Newsfile Corp. – March 11, 2022) –

Figure 1: Cardano-based Ravendex Readies For 4th Exchange Listing

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/116456_9e22484c14e8ca90_002full.jpg

Consequently, RAVE token users can buy & sell Rave tokens through the new exchange further increasing its adoption.

Rave token is already tradable on Bitmart, Sundaeswap, Muesliswap and on the smaller exchanges like p2pb2b and Minswap.

Advertisement

About Ravendex

Ravendex is a Cardano-based decentralized exchange (DEX) that allows cryptocurrency participants and investors to offer capital reserves on any native Cardano (ADA) token and create a market pair for someone else to swap the native tokens while utilizing the Cardano blockchain’s safety and low fees.

Ravendex Objective

It is one of the first decentralized exchanges created on the Cardano blockchain. It is also the first exchange to utilize the Alonzo Hard Fork update on the Cardano Ecosystem. It smart contracts to deposit assets and collect interest as per rules.

Specialty of $RAVE NFTs

Advertisement

Ravendex has launched its NFT project. 2000 uniquely pixelated $Rave NFTs have real utilities in the Ravendex ecosystem, unlike many other projects.

Staking the NFTs are one of the highlighting features of this NFT project. Holders can stake $RAVE NFTs to endorse a project launching through their IDO. They can also list & sell their assets on other marketplaces. Stakers will win the $RAVE tokens periodically.

Rave NFT can only be purchased on third party NFT marketplace like jpg.store and you can purchase Rave token on Sundaeswap.

Staking Details

Users of the $RAVE NFT shall at least hold 30,000 $RAVE in the same wallet and must stake at least $50 ADA in RAVEP, Ravendex’s ISPO pool. More than $9 million in ADA have been staked in the pool.

Advertisement

This is how Ravendex is generating utility and value for its NFT project. Users can stake their NFTs for the following periods:

• Two months

• Four months

• Six months

• One year

Advertisement

The revenue can go up to 60% APY depending upon the amount of $RAVE token they hold in their wallets.

Ravendex is also working on an NFT gamification, giving Rave NFT and Token holders more places to stake their NFTs for an opportunity to generate higher rewards.

The company has on boarded more experienced Haskell and Plutus (both are smart contract programming languages, mainly for Cardano) engineers that would rush our DEX development to guarantee that we ship on the mainnet in the most limited conceivable time.

Buy Rave On Bitmart: https://www.bitmart.com/trade/en?symbol=RAVE_USDT

Buy Rave On Sundaeswap: https://exchange.sundaeswap.finance/#/swap?swap_from=14a3455f71c435a04ea1fdb50a3ef4c1cab0e79fb1565627ac66a575.52415645&swap_to=cardano.ada

Advertisement

Rave NFT On Jpg.store: https://www.jpg.store/collection/ravenfts-thegenesis

Social Media:

Github: https://github.com/Ravendexlabs

Telegram: https://t.me/RaversNests

Twitter: https://twitter.com/ravendexlabs

Advertisement

Medium: https://ravendex.medium.com/

Documentation: https://docs.ravendex.io/

Contact Channels:

Company Name: Ravendex Labs
Email: [email protected]
Website: https://ravendex.io

Advertisement

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116456

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

UnitedStaking.com Launches Advanced Crypto Staking Platform with Global Reach and Real-World Impact

Published

on

unitedstaking.com-launches-advanced-crypto-staking-platform-with-global-reach-and-real-world-impact

UnitedStaking

Continue Reading

Blockchain

HODL 2025: Blockchain’s Brightest Minds. All in Dubai

Published

on

Continue Reading

Blockchain

SkyCrest Capital Launches SkyAlpha X 2.0 AI System and Innovative SkyFund Protocol (SKF)

Published

on

skycrest-capital-launches-skyalpha-x-2.0-ai-system-and-innovative-skyfund-protocol-(skf)
Continue Reading
Advertisement
 title=

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE