🚀 [REVUTO ERA IS JUST BEGINNING] 🚀
Why is Alonzo launch relevant to Revuto? 🧐
Well, because @Cardano’s smart contract rollout will enable us to take advantage of various #DeFi features in the near future! 🔮
We’re talking token #staking, micro-lending, borrowing, and much else besides. 🧮
Of course, this won’t happen overnight — it will take some time to test, optimize and unveil — but it’ll ultimately make our #subscription management platform all the more valuable. 📈
We have talked about this not so long ago 👇🏻
https://getrevuto.medium.com/cardano-is-gearing-up-for-its-smart-contract-rollout-37b5b6dc51ec
Why is Alonzo launch relevant to Revuto? 🧐
Well, because @Cardano’s smart contract rollout will enable us to take advantage of various #DeFi features in the near future! 🔮
We’re talking token #staking, micro-lending, borrowing, and much else besides. 🧮
Of course, this won’t happen overnight — it will take some time to test, optimize and unveil — but it’ll ultimately make our #subscription management platform all the more valuable. 📈
We have talked about this not so long ago 👇🏻
https://getrevuto.medium.com/cardano-is-gearing-up-for-its-smart-contract-rollout-37b5b6dc51ec
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👨🏻🏫 [BABEL FEES EXPLAINED] 👨🏻🏫
If people are making transactions on @Cardano with assets other than just ADA, it would be convenient for them to be able to pay their #fees in that asset instead of in ADA. 📵
Transaction fees are an important part of keeping a network like Cardano secure. Staking is what secures the network, and transaction fees provide a tangible incentive for stakeholders to stake since they are part of what makes up #staking rewards. 💰
On Cardano, UTXO #transactions require at least 1.44 ADA in your wallet to withdraw Cardano native assets. That alone explains the difficulty of the technical integration with exchanges because Babel fees are still not available on Cardano. That is why we will give our Revuto investors 1.44 ADA to cover transaction fees. 🎉
Read more about Babel fees in this Cardano #Reddit post 👇🏻 https://www.reddit.com/r/cardano/comments/lt5f85/babel_fees_explained_how_users_of_cardano_will_be/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
If people are making transactions on @Cardano with assets other than just ADA, it would be convenient for them to be able to pay their #fees in that asset instead of in ADA. 📵
Transaction fees are an important part of keeping a network like Cardano secure. Staking is what secures the network, and transaction fees provide a tangible incentive for stakeholders to stake since they are part of what makes up #staking rewards. 💰
On Cardano, UTXO #transactions require at least 1.44 ADA in your wallet to withdraw Cardano native assets. That alone explains the difficulty of the technical integration with exchanges because Babel fees are still not available on Cardano. That is why we will give our Revuto investors 1.44 ADA to cover transaction fees. 🎉
Read more about Babel fees in this Cardano #Reddit post 👇🏻 https://www.reddit.com/r/cardano/comments/lt5f85/babel_fees_explained_how_users_of_cardano_will_be/?utm_source=share&utm_medium=ios_app&utm_name=iossmf