Cardano-based Project Ravendex On A Mission to Become the Next Cardano Gem Kicks Off $Rave Token Pre-Sale

Ravendex is a decentralized exchange (DEX) built on the Cardano blockchain which upon its launch will allow cryptocurrency enthusiasts, traders & investors to offer liquid assets on any native Cardano (ADA) token and generate a market pair for others to swap it and earn a fee in return.

RavenDex is a crypto project based on the Cardano ecosystem with a mission to create a decentralized exchange powered by the AMM protocol similar to uniswap.

Its goal is to create a platform where users can swap their ADA for native Cardano tokens in a non-custodial manner with extremely low rates and the ability to conduct cross-border transactions quickly.

They will also enjoy the unique security features of Cardano's blockchain and low fees as well.

It's one of the very first cryptocurrency exchanges being developed for the Cardano blockchain, and they just unveiled their front-end demo a few days back and when the project finally goes live, it will issue a viable solution to the numerous issues around transfer on the Cardano blockchain.

The RavenDex multi-protocol platform will be powered by the $RAVE token, which will allow holders to provide liquidity and support to their favorite projects while being able to stake their tokens to farm more $RAVE tokens. This will be critical to the DeFi system’s improvement. The Cardano blockchain was used to create the $RAVE token, which has a maximum quantity of one billion coins. $RAVE holders will be able to interact with the Cardano network, stake their coins, provide liquidity and make endorsements.

Investors who are interested in getting $RAVE, will do the following:

The general rule is to avoid transferring your money from an exchange wallet because most electronic wallets will not have access to the most recent token. This means that if you join in our Token Sale using a random Internet wallet from an exchange, although you will be able to deposit money to the pre-sale location, you will be unable to get the tokens you purchased because you are using an exchange wallet.

Each round of sales has a separate minimum and maximum amount that can be bought and all other details will be displayed on the sales page as well.

The following are the pre-sale details:

Once the pre-sale period has ended or the HardCap has been hit, tokens will be issued. Check that you have enough ADA to cover the costs to avoid a transaction failure.

Everyone who purchases some RAVE token will be able to participate in the auction as an early investor. Ravendex, like several other cryptocurrency startups, is planning a public offering in the coming weeks.

Ravendex is a Cardano-based crypto project that aims to create a decentralized exchange.

Its purpose is to provide a platform that has incredibly minimal fees and allows for quick cross-border transactions.

More importantly, it aspires to include features that will be useful to Cardano supporters. Also, we also look forward to creating a community of active investors who may vote on issues & also lend coins or provide liquidity to create a fully functional decentralized exchange.