What is Raydium (RAY)?
Raydium 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. The protocol will act as a bridge for projects looking to expand to Solana and Serum, and in the process, Raydium and the RAY token will become a foundation for enabling further development with partners, its own platform, and the ecosystem as a whole. Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit order book, meaning that Raydium LPs get access to the entire order flow and liquidity of Serum.
How much can I earn from staking Raydium (RAY) tokens?
If you place Raydium (RAY) tokens into staking on the XBANKING platform, you can earn up to 16% APR.
Note that the minimal amount for staking is 1 RAY token.
Staking Raydium (RAY). Step-by-step guide
Visit https://xbanking.org and “Launch App”.
Find Raydium (RAY) staking Pool:
1) Select network
2) Connect wallet
3) Enter amount
4) Confirm staking.
Done!
You can track your earnings from Raydium (RAY) token staking in the Dashboard section.
Links:
Staking RAY: https://xbanking.org
