#RAIL

What is Raydium (RAY)?

Raydium is an automated market maker (AMM) built on the Solana blockchain (Blockchain), which uses the central order book of the Serum decentralized exchange (DEX) to execute transactions. Raydium's swap feature allows users to swap between tokens through Serum, while the user interface also allows for other trading features such as limit orders. The exchange also has a token called RAY that will allow holders to claim 0.03% of trading fees.

What is the RAY (Raydium) token project?

RAY is the native cryptocurrency of the Raydium platform. Ray token has many functions and benefits on the platform. These;

Staking to earn protocol fees

Staking to receive IDO allocations

Voting on management protocol decisions.

Who are the founders of the Raydium project?

AlphaRay leads overall strategy, operations, product management and business development for Raydium. In 2017, Alpha, with a background in algorithmic trading of commodities, moved into market making and liquidity provision for cryptocurrency.

After entering DeFi (decentralized finance) in the summer of 2020, Alpha saw that the market needed an AMM order book to aggregate liquidity, and with the launch of Serum, it brought together a team of experienced trading developers to tackle the problem.

XRay is Raydium's Chief Technology Officer and Development Team leader. X has over 8 years of experience as a trading and low-latency systems architect in both traditional finance and crypto markets. X designs all of Raydium's systems and infrastructure as required. While GammaRay manages marketing and communication, it also plays an important role in strategy and product direction.