You’ve probably noticed that Revuto has gained a lot of attention in the Cardano community lately. What is special about Revuto and why did this project become a hot topic in the Cardano community? Revuto, the subscription management company behind the first native Cardano mobile wallet and the first public ICO on Cardano, has achieved record growth over the past few months and is now once again at the forefront by announcing new Revuto staking pools. Creating synergy within the Cardano community was a breeze for Revuto as it introduces the project to other users familiar with the network and vice versa.
That being said, Revuto started 2022 on the right note by partnering with some of the best Cardano projects and adding their tokens to farming pools at the Revuto Staking Center. The pools offer competitive returns and unique rewards in the form of other Cardano Native Tokens. Revuto announced back in February after launching simple staking pools where users can stake tokens to earn returns in REVU tokens VyFinance and SundaeSwap Farming pools where Revuto users could farm SUNDAE and VYFI tokens through staking REVU token. prompt to use SAW AGAIN was so crazy that the hard cap for both staking pools was filled in the first few days before the end of the subscription period. It’s worth noting that thanks to the staking pools in the Revuto app according to the data available on DeFi LlamaRevuto already blocked more than 28 million SAW AGAIN Tokens, representing approximately 50% of the circulating REVU supply.
Revuto recently confirmed a number of new partnerships by forming alliances with other Cardano creators. Revuto recently let the cat out of the bag by confirming its partnership with COTI, the issuer of Cardano’s algorithmic stablecoin DJED. The net result is that crypto-backed stablecoin DJED is coming to the Revuto app and users will have the ability to fund their Revuto debit cards with DJED. It will also be possible to block REVU as collateral to borrow DJED. As the first Cardano DeFi project to be primarily mobile-centric, Revuto is focused on delivering all DeFi products straight to your smartphone. They just announced that they are opening 8 new exclusive staking pools So be sure to download the Revuto app in the coming weeks, Which is available on the app store, google playand the Huawei app gallery. The REVU token is already listed on Kucoin, Gate.io, BitMartand available on Cardano DEXs like sundae exchange, Minswap and cereal exchange.
REVU Tokens – Your ticket to farm other Cardano Native Tokens
It seems Revuto is regularly exploring new ideas to provide additional benefits SAW AGAIN Holder. Thanks to their collaboration with awesome yield, Revuto just introduced a first to the Cardano ecosystem, where users can now stake Cardano-native REVU tokens to participate in the initial distribution of the new Cardano Native Tokens offering. This has since immediately become a hot topic in the Cardano community Users now have a unique opportunity to earn GENS tokens through the first ISPO of its kind. Within the Revuto app, users can now stake REVU tokens to earn GENS tokens, and rewards will be distributed as part of the initial distribution of Genius Yield (GENS) tokens.
The best part is that Genius Yield ISPO rewards are increased almost 3x in the Revuto Staking Center, which means they are significantly higher compared to regular Genius Yield ISPO rewards. It is also important to emphasize that the distribution of GENS rewards earned through the Revuto Staking Center will occur after the end of the 90-day staking period, while users who delegate ADA in the standard ISPO will be restricted to the distribution of GENS rewards Tokens will have to wait for 6 -12 months after the Genius Yield TGE. Awesome deal for Revuto users, right?! Check out hers Medium sized blog post to learn more details about this particular ISPO and learn more about how you can participate in this unique staking opportunity.
The good news for Revuto users doesn’t stop there, as R-Stronauts have only just begun to explore the Cardano universe. Genius Yield Planet is the first planet introduced as part of the 8 new staking pools that will be discovered in the coming weeks. Some of the overwhelming staking pools are yet to come as a Revutonic astronaut explores new staking planets on his mission to find the best available deals in the Cardano universe.
The Revuto team has already announced one of the staking pools in their Live YouTube AMA is the R fund Staking pool where users can stake ADA to earn 10% APR with an additional 5% bonus distributed in Cardano Native Tokens from R Fund projects. R Fund is a dedicated crypto fund solely dedicated to supporting projects built on Cardano’s fast-growing blockchain. If you stake REVU tokens in all 8 staking pools you will also get a special R-stronaut NFT which gives you some special features like things, a special R-stronaut t-shirt. be sure to Polish your space helmets and make sure you are adequately insured SAW AGAIN Tokens to take part in this space adventure!
About Revuto
Revuto is primarily an active subscription management dApp that allows users to pay for their subscriptions with Cardano Native tokens, using Revuto virtual debit cards to help people save money on their subscriptions. Later, Revuto will expand its product offering by adding support for other recurring payments such as utility bills, cable and cell phone bills, or gym memberships. Physical debit cards will be issued at a later stage. As the first Cardano DeFi project to be primarily mobile-centric, Revuto is focused on delivering all DeFi products straight to your smartphone. 2021 through an ICO, The company raised $10 million in minutes and has received 3 million early signups for the app to date. The company already has over 350,000 registered users and over 60,000 Cardano wallets have been created within the Revuto app. As a result, Revuto was recognized as the Fastest Growing Consumer Product at the recent World Blockchain Summit in Dubai.
At the moment, the company is preparing to launch a subscription management service with its virtual debit cards, allowing users to pay for their subscriptions with native Cardano tokens, which will help people pay for their subscriptions less than they would pay with FIAT money. Revuto will soon introduce a fiat-to-crypto gateway and additional DeFi capabilities in the Revuto app. In this respect, one of the most important integrations will be the introduction of liquidity pools for micro-lending and borrowing.
Revuto will introduce a novelty unprecedented in the crypto market, allowing users to obtain unsecured microloans in crypto and use them to fund their subscription payments. The setup is developed by CTO review Marko Rukonican excellent AI expert with almost 30 peer-reviewed patents. The facility allows Revuto users to provide liquidity and earn income to other Revuto users. In contrast, others are allowed to borrow money from these pools to pay for their subscriptions even if they don’t have the funds to do so. Most importantly, the ecosystem and tokenomics are aligned with the real-world use case that will allow Revuto’s state-of-the-art blockchain product to remain sustainable regardless of crypto market conditions.
“Having been the first public ICO on Cardano, launching the first native mobile wallet on Cardano, and breaking records with our growth, we are proud to be making history again. With Revuto Staking Pools, we are now the first available staking pools offering staking and rewards in Cardano Native Tokens. This is a major milestone for the entire Cardano community of builders and backers. To ensure our users and investors enjoy the most competitive returns, we have selected the best and most promising projects with exclusive offers. We are excited and proud to see our community growing stronger to improve our product and service,” Revuto CEO and co-founder Vedran Vukman commented.
Keep up to date with the latest news by following Revuto’s official channels:
🌐 Website – visitor page
🕊 Twitter – Follow the Twitter account
🔈 Telegram Announcements – join channel
📧 Telegram Discussion Group – join a group
💻 Discord – Join Discord Server
👔 Reddit – Join Reddit
🤳Facebook – View Facebook Account
🎬 Youtube View YouTube Channel
👨💼 LinkedIn – View LinkedIn profile
📸Instagram – View Instagram Profile
Revuto app download links:
📲 iOS – https://apps.apple.com/us/app/revuto/id1550940719
📲Android – https://play.google.com/store/apps/details?id=com.revuto.dev
📲Huawei: https://appgallery.huawei.com/app/C105005025
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.