Cardano Dex Ravendex Launching It’s ISPO Ahead Of It’s Testnet Release

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Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Over the years, Cardano has emerged as one of the strongest and high-performing crypto projects in its relevant industry despite not having a working DApp yet.

One of the things missing within the Cardano ecosystem is its own native decentralised exchange.

ravendex.io another budding crypto project intends to set the records straight by building the world’s first completely decentralised exchange platform on the Cardano ecosystem.

Ravendex does not require an introduction as the platform has successfully made a name for itself since the previous year after announcing it’s project launch through a post on popular bitcointalk forum.

Currently, there are several Cardano-based projects active within the market and each one of them targets a different type of audience. But there is none like Ravendex as they are the first project taking full advantage of the Cardano (ADA) ecosystem.

When fully launched, Ravendex would have many Novel Features that would increase the adoption and Total Value Locked on Cardano Ecosystem as they are currently developing a Decentralized Exchange, IDO Launchpad, Staking & lending Platform where users can borrow by collateralising assets.

There is significant potential in Ravendex to quickly grow into one of the biggest decentralised exchange platforms but working entirely for the Cardano ecosystem. 

Reasons Why Ravendex is Unique

Ravendex Will Be utilizing the new innovative defi fundraising model Initial Stake Pool Offerings (ISPOs).

Delegators who wish to Stake their ADA and Earn rewards in Both ADA & $RAVE when the ISPO kicks off can do so by Staking their ADA to RAVEP Stake pool.

Since the time it was launched, Ravendex