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Demand For Ravendex’s Utility Token $Rave Surges As Ravendex Readies For Bitrue Exchange Listing & NFT Staking Release

admin by admin
March 18, 2022
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Demand For Ravendex’s Utility Token $Rave Surges As Ravendex Readies For Bitrue Exchange Listing & NFT Staking Release
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Ravendex, a fast-growing project built on the Cardano ecosystem has announced the listing announcement of the project’s utility $RAVE token on Bitrue crypto exchange on 21st March. Consequently, the announcement saw RAVE token price surging as users are looking to hold some Rave tokens before it lists on the new exchange which would further increase its reach and adoption.

Rave token surged by about 20% as at the time of writing this release. Rave token is already tradable on Centralized exchanges like Bitmart and also on decentralized protocols like Sundaeswap and Minswap.

Ravendex according to its roadmap intends to launch their fully feature Cardano DEX before the end of Q3 2022.

Future Plans

As one of the very first projects created on the Cardano blockchain, Ravendex is on a mission to utilize the Alonzo Hard Fork update on the Cardano Ecosystem to create and build innovative and interactive Apps that would further increase the Cardano ecosystem adoption and also give further utility to Rave token which will increase the demand and subsequently the price.

Some of the features outlined in the Ravendex roadmap include.

Rave Token Staking, NFT Staking and LP Tokens Yield Farming where there are different reward rates that would be determined by the amount of Rave assets holding. Staking the NFTs are one of the highlighting features of this NFT project. Holders can stake $RAVE NFTs to earn rewards and the rewards can be compounded when the user has Given Liquidity to the Rave/ADA pool on Sundaeswap. ISPO is a novel way of rewarding users in a project’s token when they stake to the project pool.

RAVEP, Ravendex’s ISPO pool already has more than 9 million in ADA have been staked in the pool and over 4 Million worth of Rave waiting to be claimed by the delegators.

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

Github: https://github.com/Ravendexlabs
Telegram: https://t.me/RaversNests
Twitter: https://twitter.com/ravendexlabs
Medium: https://ravendex.medium.com/
Documentation: https://docs.ravendex.io/

Contact Channels:

Company Name: Ravendex Labs
Contact Name: Raven
Email: hello@ravendex.io
Location: Dublin, Ireland
Website: https://ravendex.io

Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

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