RAY token is
RAY is the utility and yield farm token of Raydium protocol.
RAY token is used for
- Yield farming
- Staking to earn fees.
How could value accrue to the token?
- 0.05% of trading fees are awarded to RAY stakers
What is Raydium?
Raydium is an automated market maker leveraging the Serum DEX on the Solana Blockchain.
How Raydium works
Features of Raydium
- Raydium offers a central orderbook via Serum instead of only separate pools.
- High speed
- Trading interface with charts
- Anyone can create and trade through permissionless pools on Raydium.
- And use Raydium trade UI with limit orders
Any project can launch their token through the Acceleraytor.
Total supply: 555,000,000
- 34% Mining Reserve
- 30% – Partnership & Ecosystem
- 20% – Team (1 – 3 Year Lockup)
- 8% – Liquidity
- 6% – Community & Seed funding (1 Year Lockup)
- 2% -Advisors (1 – 3 Year Lockup)