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Staking Raydium (RAY). How to Stake Raydium (RAY) and Earn Rewards?

xbanking - 2024-04-18 22:07:48

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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”.


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Find Raydium (RAY) staking Pool:


1) Select network


2) Connect wallet


3) Enter amount


4) Confirm staking.


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Done!


Links:


Staking RAY: https://xbanking.org


Telegram: https://t.me/xbanking


Community: https://t.me/xbankingcommunity


Twitter: https://x.com/xbanking_org