RavenDex is a Cardano-based decentralized exchange (DEX) that, once launched, will allow virtual currency participants and venture capitalists to offer liquidity position on any native Cardano (ADA) token and generate a market pair for others to try to switch the native tokens while utilizing the Cardano blockchain’s protection and lower fees.
This is one of the earliest crypto exchanges being constructed for the Cardano blockchain, and they launched a front-end demo few weeks back, which when completed would give a workable system for the Cardano multiple transactions issue.
Ravendex will also contain a staking site as well as decentralized lending and borrowing platform, distinguishing from other Cardano network projects as it is one of the few projects with the initiative on the 3rd generation blockchain technology.
The Private, Seed, and Pre Sale have been finished and now the Public Sale is left. The response for all the sales has been satisfyingly overwhelming, and the Ravendex community has increased its network and reach by a lot.
Ravendex will use the new and unique Defi financing mechanism Initial Liquidity Pool Offerings (ILPOs). It is a novel way utilized by blockchain entrepreneurs to obtain capital from buyers and sellers by selling cryptocurrency assets on prominent DeFi-based Decentralized Exchanges (DEXes). This makes it very easy for the public to learn and invest in Ravendex.
Ravendex is holding a Twitter giveaway for members and early investors. People need to complete a list of objectives for an opportunity to be one of the beneficiaries of the giveaway.
The top five competitors with the most entries will share a pooled reward of 5000 ADA Tokens!
- 1st Place: 2000 ADA
- 2nd Place: 1500 ADA
- 3rd – 5th Place: 500 ADA
To participate in the giveaway, click here.
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