Logo
Cardano Ecosystem

Cardano Feed

12/26/2021

·

1.1K views


$Rave token will have multiple use cases and staking your $Rave to earn more rave will be one of them.

$RAVE stakers can choose between two staking options.

$Rave token will have multiple use cases and staking your $Rave to earn more rave will be one of them.

$Rave token will have multiple use cases and staking your $Rave to earn more rave will be one of them.

Staking is an important feature of every crypto project as token holders are incentivised with economic returns or rewards for HODLing their tokens.

$RAVE stakers can choose between two staking options.

1: Fixed daily reward mechanism as rewards are split between all stakers depending on the amount of $Rave staked. To make this feasible we had to utilize a semi-custodial protocol until we are fully able to deploy on the mainnet. 2: Decentralized Snapshot Mechanism where $Rave holders just need to register their wallet and turn it to a Nest and snapshots are taken each epoch and rewards are accumulated to be distributed. (Features Are Still Being Developed) 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗿𝗶𝘀𝗸𝘀 𝗮𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗲𝗱 𝘄𝗶𝘁𝗵 𝘀𝘁𝗮𝗸𝗶𝗻𝗴? Right now, our protocol is in it's early stages, bugs and glitches would definitely be present, that's what testnet are for. we encourage anyone that discovers a bug or glitch to notify Ravendex team and it will be patched immediately. Our Staking testnet will be open shortly to early participants. Fill the Form Below to Become one of the Early Testers

AD

Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.

If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us


Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from Cardano Feed

See more
Price Prediction: Will Ozak AI’s Presale Rally Produce 100x, 300x, or Even 800x Returns—And Set a New Standard for AI Altcoins Targeting the $5 Mark?
Cardano Feed
Price Prediction: Will Ozak AI’s Presale Rally Produce 100x, 300x, or Even 800x Returns—And Set a New Standard for AI Altcoins Targeting the $5 Mark?

today at 11:00 AM

·

36 views

Related News

See more
Voting for Us - Catalyst Fund 14

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)