RavenDex, a Cardano-focused decentralized exchange, has launched its front-end demo for experimenting by users, according to a report by CryptoNinjas on Thursday.
- When officially live, RavenDex will help users to provide liquidity and create a market pair on any native Cardano token for others to swap while using the performance and low fees for the Cardano blockchain.
- The leadership of Ravendex expressed its desire to launch a fully decentralized autonomous organization for the massive Cardano community to vote on viable projects.
- The goals of building RavenDex on the Cardano blockchain is to guarantee seamless cross-border transactions with low fees and take the Cardano ecosystem to the next level.
- The RavenDex team is creating one of the first decentralized exchanges for the Cardano blockchain.
The release of the demo comes days after an oversubscribed private sale round for early adopters that contributed to receiving the utility token $RAVE. ADA USD up +1.59%.