RavenDEX ILPO (Initial Liquidity pool Offering) Is Not Live Yet
Ravendex Will Be utilizing the new innovative defi fundraising model Initial Liquidity Pool Offerings (ILPOs). It is a new method used by crypto startups to raise funds from interested investors in the market as they sell crypto tokens on popular DeFi-based Decentralized Exchanges (DEXes).
What does an ILO imply?
Every crypto token requires a sufficient amount of liquidity to boost its price and trading volume. However, if entrepreneurs list their tokens on a Centralized Exchange (CEX), it takes a lot of time to attract investors and fetch liquidity.
Initial Liquidity Pool Offerings (ILPOs) can be easily conducted on DeFi Decentralized exchanges.
These DEXes utilize the Automated Market Maker (AMM) mechanism.
We will update this page and notify the community accordingly when our ILPO Pool Is Live