Revuto, a blockchain-based subscription startup, has increased its staking pools to eight, allowing Cardano-based token users to participate in the recently introduced ISPO. The new ISPO is a fundraising framework that enables delegates of a Proof-of-Stake (PoS) system to divert staking incentives to a project of their choice in exchange for project tokens. The new staking capabilities will allow the user to stake the Revuto coin $REVU, in order to get the first payout for a new Cardano-native coin.
The new Revuto staking pool is a first-of-its-kind staking protocol that provides users competitive returns and unique prizes in the form of additional Cardano-native coins. Revuto has already created a variety of yield farming pools since the debut of $REVU staking pools in February like VyFinance and SundaeSwap. In those staking pools, Revuto members can earn $SUNDAE and $VYFI coins by risking the $REVU token.
Due to the excellent returns given on the pools, the staking pools have attracted enormous crowds of investors. The hard cap for both VyFinance and SundaeSwap was also filled in record time after the $REVU staking pools began.
On the development, Revuto’s CEO and co-founder Vedran Vukman said the followings:
“…After being the first public ICO on Cardano system, we have also established the first native mobile wallet payment system on Cardano system. We have set records with our growth, including listing on many Tier-1 CEXs, now, we are excited to make history once more..….…With Revuto Staking Pools, we are currently the first staking pools that provide Cardano Native Token staking and prizes…”
The newest staking pools launch comes after the Revuto app had a good nine-month period in terms of user engagement and value growth. Revuto wants to introduce its virtual debit cards in the near future, allowing customers to manage their subscriptions more easily and pay for them with Cardano native tokens.
