21.3 C
London
Friday, September 17, 2021

Raydium Airdrop Review: Will Get $10 worth of RAY.

- Advertisement -
binance 728x90 banner

About Raydium Airdrop

Raydium Airdrop is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Raydium has a first-mover advantage as an AMM within Serum and will be an integral part of bringing new and existing projects and protocols into the ecosystem.

Raydium is airdropping a total of $100,000 worth of RAY to airdrop participants who complete simple tasks. Connect your Solana wallet, make a swap and complete simple social tasks to get 7 entries. The first 4,000 participants will get $10 worth of RAY. There’s also a lucky draw in which you could win up to $1,000 in RAY. Top 5 referrals will also get $2,000 worth of RAY each.

PlatformTotal ValueMax. ParticipantsWebsite
Solana$100,000 RAYUnlimitedClick Here To Visit

Step No 1

Register for the Raydium Airdrop , by creating an account.

Step No 2

Verify your email & log in to your account.

Step No 3

Take part in the referral program and invite 3 friends.

Step No 4

Join Raydium Airdrop on Telegram group & Telegram channel

Step No 5

Follow Raydium Airdrop on Twitter & like/share the pinned tweet and tag 3 friends.  

Step No 6

Like/follow Raydium Airdrop Now, everyone can become a Airdrop on Facebook & like/share the pinned post.  

Raydium provides Ecosystem-Wide Liquidity for users and projects

Order Book AMM

Raydium’s AMM interacts with Serum’s central limit order book, meaning that pools have access to all order flow and liquidity on Serum, and vice versa.

Best Price Swaps

Raydium Airdrop determines whether swapping within a liquidity pool or through the Serum order book will provide the best price for the user, and executes accordingly.

High-Liquidity Launches

Accele Raytor offers projects a straightforward 3 step process to raise funds, launch an IDO, and bootstrap liquidity on Raydium and Serum.

Orderbooks

Raydium Airdrop orderbook shows available bid and offer prices between market participants. They give market participants the ability to express the number of tokens they are willing to trade at any price. Through the power of Serum, Raydium brings orderbooks back to AMMs.

Coin Swaps

For users who do not require the orderbook but enjoy cheap gas and low trading fees,
Raydium has implemented this feature for users who just want to swap their tokens.

Farming

Liquidity providers will be able to generate additional rewards for contributing. Key pools
will be incentivized with RAY tokens.

RAY Token

Utility

The Raydium Airdrop token is anticipated to hold the following utility:

  1. Staking: Holders will be able to stake RAY tokens to generate additional yield earned
    from trading fees.
  2. The potential to stake RAY for additional multipliers on yield.
  3. Raydium is likely to also include a limited governance model allowing for stakers of
    RAY to participate and vote on community proposals and amendments.

Distribution

The RAY distribution is projected as follows:
• Max Supply: 555,000,000
• Mining reserve: 34%
• Partnership & Ecosystem: 30%
• Team: 20% (Locked 1-3 years)
• Liquidity: 8%
• Community Pool: 6% (Locked 1 year)
• Advisors: 2% (Locked 1-3 years)

Dual Reward Farming

When tokens are added to a liquidity pool, Raydium issues a liquidity provider (LP) token to track what percentage of the pool the owner of this token represents. For certain pools decided by the Raydium community, these tokens can be farmed to return additional Raydium as rewards. In addition to this, projects can sponsor certain pools by adding tokens to a reward pool to further incentivize users. This helps new projects in two ways: users are further incentivized to hold project tokens and receive additional rewards while they provide further liquidity for these projects.

Swaps

Raydium swaps will provide a simple, cost-effective and high-speed option for quickly swapping one token for another. While this is a standard feature available on other AMM platforms, the speed and efficiency at which it is executed will save significant costs for traders. For liquidity providers who frequently reallocate their assets to different pools the cost savings of swapping tokens will be significant, allowing for more opportunities and flexibility to take advantage of yield earning opportunities on Raydium.

- Advertisement -spot_imgspot_img
Latest news
- Advertisement -binance
Related news