RavenDEX Weekly Technical Progress Update #6, Sunday January 16th 2022
Hi Community, This is our first technical update for the year 2022.
The Ravendex team has made tremendous progress in solidifying the Ravendex brand after a tremulous 2021.
Right now $RAVE tokens can be traded on P2pb2b and Bitmart.
We are working on listing on more exchanges in due time.
Before we proceed with our DEX development update, we have quick updates to announce to the community.
Our ISPO is coming up shortly and to ensure a smooth and hitch free Initial Stake Pool Offering, the team has decided to retire the RAVEP pool that was initially set up and we are working on creating a new secure and resilient Stake Pool.
Also, our $RAVE NFT Minting will be one of the very First Non-Fungible Tokens with real utility on the Cardano ecosystem.
Holders of $RAVE NFT will be able to earn exclusive rewards In $RAVE, ADA or Both.
We will also be introducing a secondary NFT Marketplace for the NFts where users can choose to list and sell their NFT collections.
Ravendex Swap Development Update.
The Ravendex team was able to deploy testnet nodes and have commenced conceptualising & compiling the smart contract itself.
We are Taking a different approach as opposed to the Likes of Muesliswap which makes use of the OrderBook Model and also Sundaeswap that will be using the Scooper Model.
We will be utilising Pancakeswap SDK to derive the infrastructure of our swap protocol.
Our Swap UI is also Undergoing some major overhaul which can be previewd below.
It will be a very Exciting Q1 2022
Keep Up With Ravendex on Our Socials
Website: https://ravendex.io
Twitter: https://twitter.com/Ravendexlabs
Telegram: https://t.me/RaversNest
Documentation: https://docs.ravendex.io/
