Cardano-Established Project Revuto Reveals New Staking Pool for Yield Genius (GENS) Rewards

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Through the Unique Initial Stake Pool Offering(ISPO) that Revuto came up with, their REVU Stakers are now able to obtain Genius Yield (GENS) Tokens. 

Revuto is a Cardano-Established Project, and they are developing a service for managing subscriptions. They have also revealed new Staking pools that will give holders of their REVU Tokens to stake and obtain rewards in alternative Cardano Native Tokens.

The Cardano Native Tokens are customized tokens distributed on the Cardano Blockchain. The Capabilities of these Native Tokens are worth being compared to the ERC-20 tokens on the Ethereum Blockchain. However, there’s one significant difference: Cardano Native Tokens use the same architecture as ADA, which is the Cardano Blockchain’s Native asset.

In February 2022, Revuto kick-started its pools for staking REVU tokens. This pool also came with pools for farming SundaeSwap and VyFinance tokens. 

While Stakers of REVU were populating the pools towards the end of the subscription period, Revuto observed an increased demand for these staking pools. Since Revuto launched the staking pools, nearly 50 percent of the REVU Token circulating supply has been staked.

There have been declarations of collaboration between Revuto and diverse big players in the Cardano Ecosystem. A notable partnership is COTI, which will distribute the DJED — A Cardano-Based algorithmic Stablecoin.

Presently, Revuto has brought to light an Initial Stake Pool Offering ( ISPO ) in alliance with Genius Yield. This new ally is a DeFi Protocol developed on the Cardano Blockchain that functions as a Yield Enhancer. Genius Yield can run swapping of tokens, concentrated Liquidity for LPs, Automatic Strategies for trading Tokens, auto compounding, etc. These operations offered by Genius Yield enable users to derive benefits from their assets on Cardano. Their GENS token powers genius Yield.

Users of the Revuto application are now suitable to obtain GENS Tokens by Staking their REVU. This ISPO will be an integral part of Genius Yield’s initial issuance of tokens to interested users. The REVU Stakers in the Revuto Staking Center would obtain more significant rewards than the ADA Stakers in y Standard Genius Yield ISPO. At the end of the ninety-day staking period for REVU, Revuto will share GENS rewards among REVU Stakers.

The Chief Executive Officer and Co-founder of the Revuto Project, Vedran Vukman, commented on Revuto’s aspirations with their staking pools. He said,

“We are currently the first staking pools to offer staking and rewards in Cardano Native Tokens. He went on to add that this achievement is indeed huge for the Cardano community. “To make sure our investors and users benefit from the most competitive returns. “We are happy to see the growth of our community in promoting their products and services.”


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