RAVENDEX: WORLD FIRST DECENTRALIZED EXCHANGE DEVELOPED ON CARDANO BLOCKCHAIN .

romangreen5 (28)in #ravendex • 2 years ago (edited)

About RAVENDEX Platform

RAVENDEX has emerged as a revolutionary DEX in the global crypto space. The exchange will allow you to buy and sell different cryptocurrencies smoothly, quickly and consistently. The exchange has implemented a leading technology such as the EUTXO system which allows for the separation and sharing of liquidity between different cryptocurrencies. It supports trading of virtual currency and crypto assets issued by users. As mentioned above, RAVEN DEX stands out for many features. Features include bridge support from ERC20 tokens to the Cardano chain. RavenDex will build an EVM that will allow for a smooth link between ERC20 crypto assets in the Cardano Blockchain system. This simply means that users who hold Erc20 tokens and wish to invest their resources in RavenDEX can easily connect them seamlessly using the EVM Bridge infrastructure.

The goal of building a bridge infrastructure is to ensure ease of use for users, groups of people and projects willing to migrate their projects or resources to the Cardano blockchain. Additional benefits are low transaction fees, fast transaction speeds, asset security, and more. It will make the Cardano blockchain bridge available for any ERC2O token.

Mission and Vision:
The goal is to increase the security of assets stored on the blockchain. The risk of system interruption is decreasing and there is no place responsible for the system itself, so anyone who wants to interfere will be in trouble. For example, if the government blocks access to cryptocurrency, digital assets can continue to function properly because the data is stored on a different computer network, so if you want to bypass the system, you have to attack all networks with asset data. digital. That said, Ravendex is developing a decentralized automated market creation protocol that will allow users to trade, buy and sell authentic cardano tokens in an incredible way. Outside of the Cardano ecosystem, the eUTXO architecture offers a unique opportunity for exchanges to accumulate liquidity.

RAVENDEX NFT , STAKING OF NFT AND GAMIFICATION
RavenDex is powered by Rave Token and Rave NFT. RAVE's blockchain implementation ecosystem is capable of integrating any type of smart contract with its proof-of-stake (PoS) voting system. Through the implementation of the NFT Staking concept, anyone can stake their NFT or buy Rave or another NFT in the ecosystem on the RAVEN platform. They can also participate in community governance such as voting on ecosystem proposals.

RAVENDEX NFTs STAKING

Staking RAVE Token allows users to receive a reward for staking based on the number of tokens staked. The ecosystem allows you to randomly choose a certain number of RAVEs, for which the owner of that token will be rewarded weekly. Users are free to stake or sell their RAVE tokens at the moment on RAVENDEX.
RAVENDEX is intended to be returned to its owner. Users will earn SAVE by reducing their deposited NFT and keep their entire SAVE balance protected from trading thus allowing users to earn 15% monthly staking bonus .
RAVENDEX SMART FARMING: deploying a decentralized network consisting of IoT and AI mechanisms that enable farming and proper management. The aim is to ensure the sustainability and stability of the agricultural environment that will bring profit to the users. from the profits generated by REVENDEX as it grows and scales.

RAVENDEX is currently conducting a staking program (ISPO) that allows ADA token delegators to earn RAVE tokens. Users will be able to earn RAVE tokens based on their resources. This goal is to support the ADA blockchain and enable new users to use Cardano ecosysem. Users can delegate their ADA tokens to the pool of securities on the exchange using the DAEDALUS OR YOROI wallet.

The Roadmap
Q3 . 2021 . Completed

Announce RavenDex Project
Website Creation
Deploying Rave Token On The Cardano Blockchain
White Paper Creation And Release
Awareness Sensitization Campaign
Launch Telegram Group, Twitter and Reddit Communities
Tokenomics Release

Q4 . 2021

Ravendex Swap Demo Release
Initial Token Sale To Early Adopters
Token Distribution (No Vesting)
Staking Platform Development
Exchange Listing
Ravendex ISPO

Q1 . 2022

Ravendex Testnet Release
2nd Exchange Listing
Ravendex Swap Development
DEX Listing
NFT Staking Development
3rd Exchange Listing
Staking Platform Release
• Ravendex Swap Development Progess Update
Ravendex NFT Staking

Conclusion
RAVENDEX is a protocol that allows sellers and buyers to trade tokens without ordering and trading. It uses an algorithmic equation to determine the exchange rate, based on the balances of the two tokens in question, as well as the actual demand for the selected pair. RAVENDEX provides us with a very intuitive interface and allows investors to trade tokens without worrying about having to create an account or any KYC procedure.

To know more , check the links below :

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/

#proof