🔔 Preface Summary:
On the evening of July 1, 2024,@Raydium Launched a new Blink creation feature that allows users to create their own blockchain links (Blinks) for any token and earn a 1% referral fee from them.
This feature, supported by Solana and Saydialect, not only greatly enriches the Raydium ecosystem, but also provides users with more opportunities and flexibility to earn income.
1️⃣ What is Raydium?
Raydium is an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Unlike other AMM DEX platforms that can only access their own liquidity pools, Raydium trades on the centralized limit order book of Serum DEX through its capital pool.
On the Raydium platform, liquidity providers (LPs) can interoperate with the order flow and liquidity of the Serum ecosystem. Users can choose to trade using traditional order books, or participate in liquidity mining using AMM functions, or through staking.$RAY Tokens participate in token sales and receive staking rewards.
2️⃣ Raydium’s key advantages include:
Using the Solana blockchain to enable faster and cheaper trades, as well as connecting on-chain liquidity with centralized limit order books, allowing access to third-party order flow and liquidity on the order book.
In addition, Raydium also provides a user-friendly trading interface that allows users to view TradingView charts, set limit orders, and better control transactions.
3️⃣ RAY Token Economics:
RAY is the native token of Raydium, with a total supply of 555 million RAY, a circulation of 263 million RAY, a market value of US$481 million, and a fully diluted market value of US$1.015 billion. The specific distribution is as follows:
● Mining Reserves: 34% of total● Team: 20% of total● Liquidity: 8% of total● Community & Seed: 6% of total● Advisors: 2% of total● Partnerships & Ecosystem: 30% of total
4️⃣ RAY token features include:
● Staking: Users can earn staking rewards (in the form of RAY) by staking RAY tokens, while also receiving a portion of the Raydium platform’s transaction fees.
● Liquidity Mining: Users can add funds to the liquidity pool to earn liquidity mining rewards and a portion of DEX transaction fees. In addition, users can also pledge LP tokens to Raydium or Fusion mining pools to receive additional liquidity rewards, which can be paid in the form of RAY or other project tokens.
● Launchpad: Users can participate in the Initial DEX Offering (IDO) on the AcceleRaytor launchpad by staking RAY to obtain additional purchase credits. Even in previous IDOs, users can participate with smaller amounts without staking RAY tokens.
● Governance: Users who hold and stake RAY tokens will have the opportunity to participate in future governance decisions of the Raydium platform, including voting and participating in the platform’s development direction and important decisions.
🎯 Summary:
Raydium’s efficiency and innovation on the Solana blockchain have made it a popular decentralized trading platform, and it is expected to continue to expand its ecosystem and functionality to provide global users with a broader and more efficient decentralized trading experience and profit opportunities.
This article does not constitute any investment advice! Investors need to carefully assess risks and market performance! #DYOR
🤝 Thank you everyone！
