Home Crypto The FIRST Non-custodial Decentralized Exchange Built on the Cardano Blockchain by Ravendex

The FIRST Non-custodial Decentralized Exchange Built on the Cardano Blockchain by Ravendex

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The FIRST Non-custodial Decentralized Exchange Built on the Cardano Blockchain by Ravendex

Nowadays, decentralized exchanges are part of exchanges that enable peer-to-peer transactions with none third get together. Importantly, you possibly can carry out transactions safely on-line with none points.

DEX advocates that what makes decentralized exchanges engaging is their safety. However, centralized exchanges include a number of points, together with publicity to hackers, prohibiting or limiting your skill to commerce cryptocurrency, and limiting entry to your digital belongings.

Nevertheless, decentralized exchanges facilitate commerce between people by way of good contracts. There are a number of profitable DEXs, together with PancakeSwap on Binance Smart Chain and Curve and Uniswap on Ethereum. RavenDex is one other distinctive platform constructed on the Cardano Blockchain. It is a cross-chain alternate that operates utilizing the EUTXO accounting mannequin with distinctive options like splitting liquidity.

Besides this, it gives the first crypto asset lending and borrowing platform on the Cardano Ecosystem that enables good contracts to deposit and acquire pursuits from belongings utilizing a set of pre-defined guidelines.

In order to additional find out about Ravendex, right here’s an interview with Ravendex Core Team.

Q: Quick follower gaining on Twitter inside a brief interval, what’s the secret?

Ravendex Core Team: I at all times know that development is feasible when the proper precept is utilized. We understood the significance of Twitter and utilized the platform to its fullest.

Firstly, we partnered with Twitter promoters to leverage their viewers. The advertising and marketing group additionally ran totally different PR campaigns, which resulted in over 15K followers inside a month.

Q: What’s the thought behind your group’s mysterious identification?

Ravendex Core Team: A venture will be nameless for particular causes. However, it’s basic for buyers to do their analysis about any venture. The complete idea of Crypto business was the decentralized and being nameless, and now makes an attempt are made to alter that fully in identify of transparency. It is laughable that some folks suppose that when a venture has an nameless group, it’s a fraudulent venture.

Q: Because of the nameless group behind your venture, there are a number of FUDs about the Rave token on social media. What is your response to those FUDs?

Ravendex Core Team: If you might have been in the cryptocurrency area, you’ll know that FUD is inevitable. For occasion, Bitcoin was known as a rip-off when it began, and many individuals refused to purchase it.

Today, its worth is approaching the $100,000 market, and you continue to suppose it’s a FUD? So after I hear about the FUD about our venture, I don’t give a thought to them as a result of we’re right here to revolutionize the cryptocurrency business.

Q: Is there any perception as to the place the venture is heading now?

Ravendex Core Team: What perception are you referring to? We have every thing laid out on our a number of platforms. For occasion, in our Medium weblog, you will note our technical updates and documentation pages, which present our Roadmap.

In addition, on our web site, you possibly can obtain our Whitepaper, which accommodates every thing you want to find out about the venture and the sale levels.

Q: We’ve talked about the FUD; what’s the perspective of Ravendex regarding this?

Ravendex Core Team: We have at all times had a zero-tolerance concerning FUD. Fudders have just one intention, which is to deliver a venture down, however something. It is obvious that our success, regardless of being nameless, has attracted a number of jealous critics and bitter individuals who missed the bandwagon or are on the fallacious aspect of the avenue. We want them properly as a result of

Ravendex has been rising exponentially regardless of these assaults. If their jealously fuels our success extra, we look ahead to extra of those FUDS.

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