RavenDex: The First Multi Protocol DeFi Platform on Cardano Blockchain.

in #rave2 years ago (edited)

Blockchain technology and its further innovations as DeFi and NFTs has made a solid impact on the economy and because of the benefits of blockchain decentralized system over current centralized mechanism, almost every field in the market is shifting on blockchain and DeFi technology to do peer to peer transactions without involving third parties and thus creating a fast, secure, anonymous and transparent environment to transact freely across the borders with very low transaction cost.

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RavenDex

RavenDex is a DeFi protocol built on Cardano Ecosystem which is getting hype and many projects are building on this ecosystem. Built on cardano blockchain, Ravendex is capable to execute transactions with high speed & low cost. This project is created by innovative developers to provide a user-friendly & handy platform to users so that they can explore all the DeFi innovations on a single platform and choose the best DeFi application & protocols to gain more in this highly sophisticated and volatile market.

RavenDex project is growing rapidly and is well supported by an active and innovative team which has lots of experience in different fields of blockchain. This project has well planned strategies for current and future growth of the platform and further the community of RavenDex can vote to decide which DeFi applications & protocols are to be added to get more revenue from their initial investment. The team has enough knowledge & resources to create and implement the current and future growth strategies for the rapid growth of the platform.

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Innovative Dex

RavenDex Exchange is the best place for traders to do fast and secure trades. The team of this platform has lots of experience in the blockchain field and lays much emphasis for the funds security of users. RavenDex DeFi Exchange would allow users to trade/lend/borrow various cryptocurrencies. It provides more liquidity and as such the orders are executed immediately. The users don't need to wait for longer times for trade execution and also with more liquidity there is little gap between buying and selling price of any particular cryptocurrency. That is more beneficial for both buyers and sellers. RavenDex exchange is a trustworthy user friendly exchange which provides the best trading experience to its users. This exchange has easy to use interface. You simply required your email ID and name to use this platform. Just login the system and the whole innovative DeFi world with latest tools & technologies will open for you to access and do your trades as per your requirements.

Swapping

RavenDex project is next level development of technology and this platform is making it possible for an individual user to use all DeFi applications economically in its fast, safe and transparent single platform. This platform has its own AMM protocol and the smartcontracts and nodes of RavenDex are innovative and capable enough to collect the data and information from different reliable sources of the market and then input & process all this collected data/information in to the system. The whole process will be under supervision of educated & experienced team that will yield an output with best current price of the asset. This will help to give best trade on the platform and also LP tokens will be generated with best token price. The swapping of tokens is instant on the platform and you are not required for too long to execute your orders. The concept is to become more liquid by offering various staking, liquidity mining and yield farming protocols which the users of the platform can use and put their share in the liquidity pool of platform. More liquidity of RavenDex platform is allowing all the DeFi applications and protocols to exist on the platform and users are able to swap their assets in a fast way with very low fees.

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Staking

This platform is best choice for staking the assets and earn the interest according to different norms of the platform. The users will get fixed percentage of their staked assets rather than an introductory high APR, which usually diminishes over a while. Users can stake $RAVE tokens, which is native & governance token of RavenDex, using a specialized Staking DApp. Users can withdraw their funds with the received profit at any time after the end of the lockup period. No commissions will be charged while calculating profit of users.

Yield farming

Users can add liquidity in different liquidity pools and earn profit. To start farming, user must add liquidity with RAVE token and the other pair of his choice. The ratio must be 50% each to get LP tokens and then these generated LP tokens are used for yield farming. The amount of the reward depends on the number of tokens provided for the liquidity of the pool.

IDO Launchpad

RavenDex is operating as an IDO Launchpad platform on cardano blockchain. Since cardano ecosystem is in its very early stage, the projects which are built on this ecosystem get lots of benefits from Ravendex IDO Launchpad. RavenDex platform is helping the new developing projects to get access to worldwide audience so that more and more people can learn and invest. This will create more traffic on newly built platforms as such more transactions will be done. That will generate more liquidity which is always good for buyers and sellers. With more liquidity the orders and filled instantly and the rewards generated on the platform are paid on time. That will raise the trust level of the project in the market and will attract more investors. So the platforms which are using RavenDex IDO Launchpad will get funds generated on their platform that will help to implement their growth strategies effectively.

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