What is Ravendex?
Ravendex is the first non-custodial decentralized exchange on the Cardano Blockchain that facilitates quick asset transfers and liquidity between native Cardano tokens and ADA. Cardano Blockchain cross-chain exchange uses the EUTXO model, known for its unique features, such as the ability to share liquidity across different assets in the Cardano Ecosystem.
It’s also one of the very first projects developed on The Cardano Ecosystem to utilize the recently released Alonzo Hard Fork update allowing smart contracts to deposit assets and collect interest according to predefined rules.
What makes it special?
▪️ Cross-chain exchange and swap protocol. Using Ravendex, users will be able to exchange and trade native Cardano tokens in a secure environment. The eUTXO architecture provides a unique opportunity for exchanges to pool liquidity on top of the Cardano ecosystem;
▪️ Native assets lending protocol. The pooled lending and borrowing mechanism we are developing allows users to borrow and pool assets, and this can be used for a variety of DeFi applications as well;
▪️ ERC-20 / BEP-20 to Cardano converter. Project owners wishing to migrate their coins from Ethereum or Binance to the Cardano blockchain can do so with just a few clicks using our ERC-20 to Cardano Token Bridge;
▪️ Peer To Pool, Pool To Peer Lending Protocol (P2P). Pooled lending contracts will make decentralized lending and crypto loans much easier to establish, as users can borrow pooled assets and pay them back at a specified time with interest. With Ravendex, you can exchange your deposited assets on the Cardano ecosystem, including those used as collateral, for another asset. Collateral can also be used to repay debts and loans.
Soon, Ravendex shall be available for trading on the P2PB2B exchange. Join the project’s community now and prepare for its upcoming listing!
Check out these social media channels
▪️ Website: ravendex.io/
▪️ Telegram: t.me/ravendexlabs
▪️ Twitter: twitter.com/ravendexlabs
Disclaimer: This is a paid post and should not be treated as news/advice.