Cardano’s ecosystem permits ADA holders to stake their tokens and be rewarded with Cardano each 5 days.
Ravendex is using this novel methodology to develop a novel mechanism the place you’ll be able to earn RAVE tokens with out spending your ADA.
Ravendex ISPO has been working for some days with a mission to encourage buyers to stake their Cardano tokens and earn $Rave tokens are rewards whereas additionally serving to to decentralize the Cardano community.
Why Stake with Ravendex?
Ravendex is a Cardano (ADA) challenge with a transparent goal, which is to develop a group pushed decentralized change, launchpad and staking platform.
Customers who stake and maintain Rave tokens will likely be eligible to vote for his or her favourite initiatives.
The extra Rave tokens a consumer holds, the extra weight their vote carries.
Rave token, the utility token of Ravendex will likely be used throughout Ravendex ecosystem.
Rave token is among the most decentralized Cardano native Asset and has been listed on a number of exchanges like Bitmart, Bitrue & Sundaeswap with a each day buying and selling quantity of above $300,000 in keeping with Coinmarketcap.
Ravendex can also be poised to record on a Tier one change within the coming days.
How To Stake To Ravendex (RAVEP) ISPO Pool?
You should utilize Daedalus or Yoroi wallets which permit ADA holders to delegate their asset to a stake pool in change for staking rewards.
you’ll merely must delegate to Ravendex stake swimming pools with the Ticker RAVEP.
In return, you may be rewarded with $RAVE tokens based mostly on the quantity of ADA staked and the period of staking.
Purchase Rave On Bitmart: https://www.bitmart.com/trade/en?symbol=RAVE_USDT