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DEX Solana

What is the RAY token used for?

How Raydium uses the RAY token. Raydium is an automated market maker leveraging the Serum DEX on the Solana Blockchain.

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?

Fees

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

Trade

  • Anyone can create and trade through permissionless pools on Raydium.
  • And use Raydium trade UI with limit orders

Launchpad

Any project can launch their token through the Acceleraytor.

Token Isssuance

Total supply: 555,000,000

Token issuance:

  • 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)

Docs

Similar projects

RAY token price

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