What Is Ravelin Finance(RAV)? Coin Review? Guide About Ravelin Finance

What Is Ravelin Finance(RAV)?

Ravelin Finance is the first algorithmic stable token pegged to the price of Cardano via Seigniorage. Ravelin uses EVM compatible contracts thanks to the technology offered by Milkomeda, a side chain to Cardano.

Ravelin Finance Coin main mission of the protocol is to mobilize Cardano holders by increasing the number of users and triggering growth on Milkomeda so that anyone involved in the ecosystem can find new opportunities with the use of a mirrored asset, Ravelin.

Important Points Table Of Ravelin Finance Coin

How to Buy the Continental & Trade On Exchange?

Mission

The mission of Ravelin is to trigger the growth in Milkomeda utilizing Cardano holders and attract more protocols in to this baby chain with 67m TVL as of April 23, 2022. As you can guess, any growth will bring value to Cardano holders as well as users involved in the ecosystem.

Market Opportunity for Ravelin

Cardano is among the biggest coins; however, it has such a low ratio of staked tokens “in Dapps” due to a lack of protocols. Now, before I go any further, I must make it clear that ADA staking ratio is low or looks low because ADA is actually staked by delegation and does not leave users’ wallets. So my claim here is not about the ratio of ADA staked by delegation, which actually has a decent ratio (appx 75% as of April, 2022).

However, staking by delegation (appx. 5% APR) is not attractive enough for everyone, and it still does not lock enough ADA to create buy pressure. In other words, there are still many ADA holders who simply keep their tokens in their wallets or on exchanges; and when these users cannot make desired profits, they are likely to create a sell pressure. If Ravelin can offer a safe protocol with better APR, it can trigger a new wave of protocols to appear on Milkomeda and exponentially increase the TVL of ADA, which would translate to a higher ADA price.

Future of Ravelin

Ravelin Finance Coin are aware that cannot simply depend on the flow of new users into the protocol to sustain the peg. The mission of Ravelin is to become the spearhead of growth on Milkomeda and integrate with other projects who are attracted by community. Being an algorithmic asset pegged to ADA,

Ravelin tokens can be used for launchpads, liquidity mining without impermanent loss, lending & borrowing and more. Each new use for Ravelin would bring more value to investors by increasing the buy pressure. The first step taken in this regard is the Ravelin pool on OccamX, which can be considered as an external utility. The pool on Occam has almost 8k APR as of May, 6.

Tokens

RAV token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain RAV’s peg to 1 milkADA token in the long run.

Ravelin Finance Coin Shares (RSHARE) are one of the ways to measure the value of the RAV Protocol and shareholder trust in its ability to maintain RAV close to peg. During epoch expansions the protocol mints RAV and distributes it proportionally to all RSHARE holders who have staked their tokens in the Boardroom.

RSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Ravelin Finance ecosystem.

Platform

Boardroom

• Epoch duration: 6 hours
• Deposits / Withdrawal of RSHARE into/from Boardroom will lock RSHARE for 6 epochs and RAV rewards for 3 epochs.
• RAV rewards claim will lock staked RSHARE for 6 epochs and the next RAV rewards can only be claimed 3 epochs later
• Distribution of RAV during Expansion75% as Reward for Boardroom RSHARE Stakers 20% goes to DAO fund5% goes to DEV fund
• Epoch Expansion: Current expansion cap base on RAV supply, if there are bonds to be redeemed, 65% of minted RAV goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate