Despite the bearish condition in the Cryptocurrency space that has forced investors to reduce their digital assets, including Bitcoin, from their portfolios to play safe, Ravendex is pleased to announce the launching of its RAVE NFT, “a 10000 Pixelated Raven Birds Collection with proof of ownership stored on the Cardano Blockchain.

The Cardano-based decentralized exchange team explains that users can earn $RAVE rewards from the NFTs because they have fundamental utilities.

The team developed and launched the coin as the native token for transactions in their ecosystem.

Users can increase their allocation weight for the project launching through their IDO by staking their $RAVE NFT. They can also list and sell those tokens on the Cardano Secondary NFT marketplaces. 

$RAVE Token

Ravendex’s utility token, the $RAVE token, has maintained steady volatility and price despite the large market dump in the Cryptocurrency market. The community determines the token’s price in support of its decentralization goal. 

The $RAVE token offers users the governance power that makes them eligible to vote on the Rave Governance Protocol.

That’s besides empowering them to trade and provide liquidity in addition to staking and endorsing upcoming projects that Ravendex will launch on its IDO platform. 

How to Buy $RAVE

Click the link below to purchase the token:

Buy Rave: http://bitmart.com/trade/en?symbol=RAVE_USDT&layout=basic

The token is currently traded on Bitmart with an impressive market cap of over $5 million. Bitmart also sells an array of commodities such as USDT, ETH, and a host of other related coins on Bitmart, where it records over $1 million worth of trade volume daily, earning it a place among the best performing brands by daily volume on the Cardano native tokens. 

Ravendex, when launched, will go on record as the first project on the Cardano Ecosystem to utilize the Automated Market Maker (AMM) Protocol. Thanks to its Cardano network foundation, the token attracts low fees compared to Ethereum, Bitcoin, and other proof-of-work mined digital coins. It is also environmentally friendly. 

Sharing the roadmap with its prospective users, the team explains that it has a roadmap focused on giving its audience the best user experience through a faster transaction process and the adoption of the layer 2 Hydra solution. 

Cardano’s partner company, Input Ouptut, has recently announced a promising scaling update that will potentially “increase Plutus script memory units per transaction to 12.5 million.”

About Ravendex

Ravendex has created a name for itself as the first non-custodial decentralized exchange on the Cardano Blockchain using the AMM Protocol. The protocol ranks among the leading decentralized finance (DeFi) protocols on the Blockchain. 

The ecosystem facilitates asset trading on its network through the protocol at a specific price the provided liquidity sets. Ravendex leverages the ecosystem’s features to facilitate fast assets and liquidity transfers between native Cardano tokens and ADA. 

Ravendex Social links

Twitter: https://twitter.com/Ravendexlabs
Telegram: https://t.me/RaversNest
Github: https://github.com/Ravendexlabs

Media contact

Company: Ravendex Labs
Contact Name: Raven
E-mail: hello@ravendex.io
Website: https://ravendex.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post Ravendex Prepares for Launchpad and Staking Platform Release appeared first on NullTX.

Source: null tx

DO-GI-OH project launch on the 29th of January will be accompanied by the launch of the ecosystem’s native currency, $DGH, on Polygon (MATIC), which was designed to be an interoperable utility for in-game transactions, character and upgrade purchases,  and more.

The sale of $DGH through a native IBCO available at marketplace.dogioh.com would be a  new launch approach for the token’s distribution. Installing a DEX through  QuickSwap would allow for more trading and arbitrage opportunities. In essence, at the time of launch, the total number of tokens will be zero, the price of $DGH will be zero, and every purchase at IBCO will mint new tokens, while every sale will burn $DGH. Beyond the first month, IBCO will be decommissioned, resulting in a fixed supply with no new tokens being issued after that date, and the only trading pool accessible will be hosted on DEX, in this instance QuickSwap, with bridging pools on Uniswap and PancakeSwap.

“The Initial Bonding Curve project launching approach, we feel, provides unique,  inventive, and appealing methods to introduce brand new NFT gaming projects, such as  DO-GI-OH. There are various reasons why IBCO provides better stability and possibility for long-term growth.” says the co-founder of DO-GI-OH.

Players may buy NFT avatars to play in the game, as well as upgrades and mintable NFT  skins with the $DGH token. The DO-GI-OH marketplace will include all of the skins, skill cards, and other commodities available for trade, as well as the ability to acquire and mint new NFTs. Additionally, all in-game wagers placed on fights and prize pools in tournaments and challenges will be resolved and performed with the ecosystem token. After IBCO’s shutdown, marketing events such as token buy-backs and burns may occur.

In the future, the $DGH utility token will be linked to additional protocols, including  Binance Smart Chain, Solana, and Ethereum.

With the promise of DO-GI-OH Metaverse creation and bringing high-quality games to  Web 3, find out more about the DO-GI-OH project’s journey to reinvent the NFT gaming space in style by visiting www.dogioh.com.

About the project:

DO-GI-OH, which is based on Polygon, aspires to establish a one-of-a-kind P2E  Metaverse that includes several games and lobbies where players can communicate and engage in special events, as well as the NFT marketplace and lounges where users may play their favorite games. The first debut game will be DO-GI-OH Fight Club – an action-packed, multi-level, skill-based fighting game that will put the industry’s finest — Doges,  Shibas, Flokis, and other dog-themed characters — against one another on a  battleground spanning many terrains.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post DO-GI-OH Project Native Token $DGH Launches on Polygon (MATIC) appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

DO-GI-OH project launch on the 29th of January will be accompanied by the launch of the ecosystem’s native currency, $DGH, on Polygon (MATIC), which was designed to be an interoperable utility for in-game transactions, character and upgrade purchases,  and more.

The sale of $DGH through a native IBCO available at marketplace.dogioh.com would be a  new launch approach for the token’s distribution. Installing a DEX through  QuickSwap would allow for more trading and arbitrage opportunities. In essence, at the time of launch, the total number of tokens will be zero, the price of $DGH will be zero, and every purchase at IBCO will mint new tokens, while every sale will burn $DGH. Beyond the first month, IBCO will be decommissioned, resulting in a fixed supply with no new tokens being issued after that date, and the only trading pool accessible will be hosted on DEX, in this instance QuickSwap, with bridging pools on Uniswap and PancakeSwap.

“The Initial Bonding Curve project launching approach, we feel, provides unique,  inventive, and appealing methods to introduce brand new NFT gaming projects, such as  DO-GI-OH. There are various reasons why IBCO provides better stability and possibility for long-term growth.” says the co-founder of DO-GI-OH.

Players may buy NFT avatars to play in the game, as well as upgrades and mintable NFT  skins with the $DGH token. The DO-GI-OH marketplace will include all of the skins, skill cards, and other commodities available for trade, as well as the ability to acquire and mint new NFTs. Additionally, all in-game wagers placed on fights and prize pools in tournaments and challenges will be resolved and performed with the ecosystem token. After IBCO’s shutdown, marketing events such as token buy-backs and burns may occur.

In the future, the $DGH utility token will be linked to additional protocols, including  Binance Smart Chain, Solana, and Ethereum.

With the promise of DO-GI-OH Metaverse creation and bringing high-quality games to  Web 3, find out more about the DO-GI-OH project’s journey to reinvent the NFT gaming space in style by visiting www.dogioh.com.

About the project:

DO-GI-OH, which is based on Polygon, aspires to establish a one-of-a-kind P2E  Metaverse that includes several games and lobbies where players can communicate and engage in special events, as well as the NFT marketplace and lounges where users may play their favorite games. The first debut game will be DO-GI-OH Fight Club – an action-packed, multi-level, skill-based fighting game that will put the industry’s finest — Doges,  Shibas, Flokis, and other dog-themed characters — against one another on a  battleground spanning many terrains.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post DO-GI-OH Project Native Token $DGH Launches on Polygon (MATIC) appeared first on NullTX.

Source: null tx

January 21, 2022– As the project celebrates its one-year anniversary, MDEX, an innovative DeFi platform, has transformed into DeFi 2.0. By establishing a special fund for metaverse, collaborating closely with several high-quality NFT projects, and investing in the NFT incubation and trading platform Openmeta, the MDEX platform has established a stronghold in the areas of NFT, metaverse, and DAO.

It is important to note that MDEX was one of the first generation DeFi platforms to implement DAO governance prior to the constitutionDAO launching their own structure. More than ten referendums on proposals were completed by the MDEX community, the majority of which addressed very practical issues. Some users, for example, propose offering incentives to proposers in order to increase community members’ enthusiasm for DAO.

MDEX has reached a number of significant milestones since its inception in January 2021. MDEX 24H trading volume surpassed $3.1 billion just one day after its launch, topping the DEX ranking. On March 10, the MDEX’s total trading volume surpassed $100 billion. MDEX was also launched on BSC on April 8th and completed deployment on the Ethereum blockchain a few months later.

MDEX began developing a DAO governance structure and launched the “Boardroom” section a few weeks after its initial launch. MDEX launched the Boardroom reward mechanism on 4 February 2021, allowing users to stake MDX for token rewards; two days later, the MDEX Boardroom launched the repurchase and burn mechanism to reduce MDX inflation. MDEX had released 771 million MDXs and burned a total of 135 million MDXs as of December 28, 2021.

When the MDEX platform launched on Binance Smart Chain, it became a dual-chain protocol, and it achieved a TVL of more than $1.5 billion in just two hours. MDEX’s TVL increased as a result of the dual-chain protocol’s implementation. The MDEX’s cumulative dual-chain trading volume was close to US$200 billion as of April 2020, with 24H trading volume exceeding that of the top three DEXs, Uniswap, PancakeSwap, and SushiSwap combined.

MDEX constantly improves its user interface and experience in addition to developing and upgrading platform features. The MDEX platform launched a new chart function on July 22nd, allowing users to view the price of any asset listed on the site at any time. MDEX launched the Pending Order Book function on October 30th, allowing users to trade tokens at the desired price using limited pending orders.

MDEX has experienced various highs and lows in its first year of operation, but the platform is committed to opening a new chapter of DeFi to explore current trends such as Metaverse, NFT, and DAOs. Furthermore, the MDEX platforms are constantly improving and innovating in order to remain at the forefront of the DeFi market as it evolves.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post MDEX Transitions Into the Metaverse, NFT and DAO as It Celebrates Its One Year Anniversary appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

January 21, 2022– As the project celebrates its one-year anniversary, MDEX, an innovative DeFi platform, has transformed into DeFi 2.0. By establishing a special fund for metaverse, collaborating closely with several high-quality NFT projects, and investing in the NFT incubation and trading platform Openmeta, the MDEX platform has established a stronghold in the areas of NFT, metaverse, and DAO.

It is important to note that MDEX was one of the first generation DeFi platforms to implement DAO governance prior to the constitutionDAO launching their own structure. More than ten referendums on proposals were completed by the MDEX community, the majority of which addressed very practical issues. Some users, for example, propose offering incentives to proposers in order to increase community members’ enthusiasm for DAO.

MDEX has reached a number of significant milestones since its inception in January 2021. MDEX 24H trading volume surpassed $3.1 billion just one day after its launch, topping the DEX ranking. On March 10, the MDEX’s total trading volume surpassed $100 billion. MDEX was also launched on BSC on April 8th and completed deployment on the Ethereum blockchain a few months later.

MDEX began developing a DAO governance structure and launched the “Boardroom” section a few weeks after its initial launch. MDEX launched the Boardroom reward mechanism on 4 February 2021, allowing users to stake MDX for token rewards; two days later, the MDEX Boardroom launched the repurchase and burn mechanism to reduce MDX inflation. MDEX had released 771 million MDXs and burned a total of 135 million MDXs as of December 28, 2021.

When the MDEX platform launched on Binance Smart Chain, it became a dual-chain protocol, and it achieved a TVL of more than $1.5 billion in just two hours. MDEX’s TVL increased as a result of the dual-chain protocol’s implementation. The MDEX’s cumulative dual-chain trading volume was close to US$200 billion as of April 2020, with 24H trading volume exceeding that of the top three DEXs, Uniswap, PancakeSwap, and SushiSwap combined.

MDEX constantly improves its user interface and experience in addition to developing and upgrading platform features. The MDEX platform launched a new chart function on July 22nd, allowing users to view the price of any asset listed on the site at any time. MDEX launched the Pending Order Book function on October 30th, allowing users to trade tokens at the desired price using limited pending orders.

MDEX has experienced various highs and lows in its first year of operation, but the platform is committed to opening a new chapter of DeFi to explore current trends such as Metaverse, NFT, and DAOs. Furthermore, the MDEX platforms are constantly improving and innovating in order to remain at the forefront of the DeFi market as it evolves.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post MDEX Transitions Into the Metaverse, NFT and DAO as It Celebrates Its One Year Anniversary appeared first on NullTX.

Source: null tx

Backed by all-star investors such as Double Peak, 0xVentures, Enzac Research, Genblock Capital, and the like, Single Finance, the world’s first capital-protected DeFi 2.0 leveraged yield farming platform, is set to launch its highly anticipated IDO on Cronos launchpad VVS Finance on 19 JAN.

Single Finance shakes the whole DeFi landscape by achieving a few firsts:

• the first leveraged yield farming platform on Cronos;
• the first leveraged yield farming platform to offer capital protection;
• the first liquidity pool performance database; and
• the first IDO on the largest DEX on Cronos, VVS Finance.

Single Finance’s IDO is one of its kind: Cronos is the EVM chain running in parallel to the Crypto.org Chain, with access to the 10M+ user base of the Crypto.com ecosystem; VVS Finance is the first and largest DeFi on the Cronos Chain with a rapidly growing TVL of more than $1.3 billion, and Single Finance is the very first IDO on VVS Finance.

“Our project began with a bad experience with existing leveraged yield farming facilities. We had a leveraged position and suffered a flash attack. Asset price dropped 80% in just a few minutes, and we got liquidated and lost 105% of our capital. We thought we could have at least gotten half of our capital back since we closely monitored the position. But nothing we could do as the platform policy did not allow us to adjust the position.” the Single Finance team explained to DeFi enthusiasts during a recent AMA event.

Motivated by this brutal experience, the founders started envisioning a new platform with high APY plus maximum drawdown. Most importantly, it would be a platform where farmers wouldn’t have to monitor the market and manually do all the complex yet time-sensitive stop-loss procedures. In the end, the vision grew and flourished to become the Single Finance platform, providing different Single-Click Strategies of leveraged yield farming to achieve targeted return and manage risk exposure.

Single Finance incorporates the following three features to help tackle the problem that both novel and veteran crypto liquidity farmers face.

Single Click Pseudo Market-Neutral Strategy

Single Finance brings a human-centric, ultra user-friendly experience and capital protection to DeFi, helping everyone earn more money with ease of mind. The primary goals of both new and experienced farmers are simple: to earn high yields without suffering too much impermanent loss or being liquidated in a flash. Single Finance users can supply assets and enjoy our pseudo-market-neutral liquidity mining strategy with just a single click.

Marked-to-USD Capital Protection Bot

The best thing about Single Finance is that everything is marked to USD. Not only is APY worked out in USD, but our capital protection mechanism is also based on your initial investment principal valued in USD. Therefore, Single Finance strategy users won’t lose more than 15% of their capital in USD, as their wealth is protected by a stop-loss bot and a rebalancing bot. Just pick your favorite liquidity pairs and leverage exposure on Single Finance, and our bots will handle the rest to keep your capital safe and your sleep tight.

Liquidity Pool Time Machine

This groundbreaking feature provides actual return performance data, including trading fees, DEX yields, and price impact, to help users pick their winning pairs. Time Machine also allows users to compare the performance between farming a liquidity pair versus farming the non-stablecoin asset of the same liquidity pair.

When asked about the intricacies of the above features, the Chief Farming Officer of Single Finance was more than thrilled to share some of the critical mechanisms of their technologies with the audience.

“Single-Click Strategy, as the name suggests, is a useful strategy that can be implemented with a single click on the mouse. We aim to provide various useful Single-Click Strategies, the first Single-Click strategy being the Pseudo Market-Neutral Strategy: it aims to achieve the highest possible return while minimizing impermanent loss by borrowing a certain amount of non-stablecoin assets. When using Pseudo Market-Neutral Strategy, you can only use it with liquidity pairs of one borrowable stablecoin and another borrowable asset. In execution, our strategy vault borrows an amount equal to the quantity of non-stablecoin assets in the liquidity pool. Therefore, our strategy will begin with a delta-neutral position,” said Kenny Denton, the company’s CFO, aka Chief Farming Officer, “Under this strategy, users can increase return by increasing leverage, or choose the leverage exposure they are comfortable with. All positions will be rebalanced automatically with one single click, beginning with a delta-neutral position.”

Key Dates:

Public Sale Begins: 

• VVS 2000hrs on 19th JAN 2022 (UTC+8)
• MEXC 1800hrs on 20th JAN 2022 (UTC+8)
• Gate.io 1800hrs on 20th JAN 2022 (UTC+8)

About Single Finance

Single Finance is a yield farming platform that boasts the world’s first marked-to-USD, pseudo-market neutral strategies to protect investor capital, equipped with Time Machine, an analytic service tracking the true, i.e., USD-based, historical performances of an ever-growing number of chains and liquidity pairs, empowering investors to weigh and craft their winning strategies.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post Single Finance: The Few Firsts Shaking the DeFi Landscape appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

Backed by all-star investors such as Double Peak, 0xVentures, Enzac Research, Genblock Capital, and the like, Single Finance, the world’s first capital-protected DeFi 2.0 leveraged yield farming platform, is set to launch its highly anticipated IDO on Cronos launchpad VVS Finance on 19 JAN.

Single Finance shakes the whole DeFi landscape by achieving a few firsts:

• the first leveraged yield farming platform on Cronos;
• the first leveraged yield farming platform to offer capital protection;
• the first liquidity pool performance database; and
• the first IDO on the largest DEX on Cronos, VVS Finance.

Single Finance’s IDO is one of its kind: Cronos is the EVM chain running in parallel to the Crypto.org Chain, with access to the 10M+ user base of the Crypto.com ecosystem; VVS Finance is the first and largest DeFi on the Cronos Chain with a rapidly growing TVL of more than $1.3 billion, and Single Finance is the very first IDO on VVS Finance.

“Our project began with a bad experience with existing leveraged yield farming facilities. We had a leveraged position and suffered a flash attack. Asset price dropped 80% in just a few minutes, and we got liquidated and lost 105% of our capital. We thought we could have at least gotten half of our capital back since we closely monitored the position. But nothing we could do as the platform policy did not allow us to adjust the position.” the Single Finance team explained to DeFi enthusiasts during a recent AMA event.

Motivated by this brutal experience, the founders started envisioning a new platform with high APY plus maximum drawdown. Most importantly, it would be a platform where farmers wouldn’t have to monitor the market and manually do all the complex yet time-sensitive stop-loss procedures. In the end, the vision grew and flourished to become the Single Finance platform, providing different Single-Click Strategies of leveraged yield farming to achieve targeted return and manage risk exposure.

Single Finance incorporates the following three features to help tackle the problem that both novel and veteran crypto liquidity farmers face.

Single Click Pseudo Market-Neutral Strategy

Single Finance brings a human-centric, ultra user-friendly experience and capital protection to DeFi, helping everyone earn more money with ease of mind. The primary goals of both new and experienced farmers are simple: to earn high yields without suffering too much impermanent loss or being liquidated in a flash. Single Finance users can supply assets and enjoy our pseudo-market-neutral liquidity mining strategy with just a single click.

Marked-to-USD Capital Protection Bot

The best thing about Single Finance is that everything is marked to USD. Not only is APY worked out in USD, but our capital protection mechanism is also based on your initial investment principal valued in USD. Therefore, Single Finance strategy users won’t lose more than 15% of their capital in USD, as their wealth is protected by a stop-loss bot and a rebalancing bot. Just pick your favorite liquidity pairs and leverage exposure on Single Finance, and our bots will handle the rest to keep your capital safe and your sleep tight.

Liquidity Pool Time Machine

This groundbreaking feature provides actual return performance data, including trading fees, DEX yields, and price impact, to help users pick their winning pairs. Time Machine also allows users to compare the performance between farming a liquidity pair versus farming the non-stablecoin asset of the same liquidity pair.

When asked about the intricacies of the above features, the Chief Farming Officer of Single Finance was more than thrilled to share some of the critical mechanisms of their technologies with the audience.

“Single-Click Strategy, as the name suggests, is a useful strategy that can be implemented with a single click on the mouse. We aim to provide various useful Single-Click Strategies, the first Single-Click strategy being the Pseudo Market-Neutral Strategy: it aims to achieve the highest possible return while minimizing impermanent loss by borrowing a certain amount of non-stablecoin assets. When using Pseudo Market-Neutral Strategy, you can only use it with liquidity pairs of one borrowable stablecoin and another borrowable asset. In execution, our strategy vault borrows an amount equal to the quantity of non-stablecoin assets in the liquidity pool. Therefore, our strategy will begin with a delta-neutral position,” said Kenny Denton, the company’s CFO, aka Chief Farming Officer, “Under this strategy, users can increase return by increasing leverage, or choose the leverage exposure they are comfortable with. All positions will be rebalanced automatically with one single click, beginning with a delta-neutral position.”

Key Dates:

Public Sale Begins: 

• VVS 2000hrs on 19th JAN 2022 (UTC+8)
• MEXC 1800hrs on 20th JAN 2022 (UTC+8)
• Gate.io 1800hrs on 20th JAN 2022 (UTC+8)

About Single Finance

Single Finance is a yield farming platform that boasts the world’s first marked-to-USD, pseudo-market neutral strategies to protect investor capital, equipped with Time Machine, an analytic service tracking the true, i.e., USD-based, historical performances of an ever-growing number of chains and liquidity pairs, empowering investors to weigh and craft their winning strategies.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post Single Finance: The Few Firsts Shaking the DeFi Landscape appeared first on NullTX.

Source: null tx