AcceleRaytorAccelerating the growth of the Solana ecosystem.
Description
AcceleRaytor is an initiative by Raydium to spearhead the growth of the Solana Ecosystem.
AcceleRaytor will serve as a launchpad for the latest Solana projects to raise capital and drive initial liquidity in a decentralized and interoperable manner, while enabling both project and Raydium communities to participate in carefully curated and vetted token offerings.
Initially, there will be two types of pools available for each AcceleRaytor launch project; Community Pools and RAY Pools. This two tiered approach is meant to provide the wider community open access to early stage projects while also rewarding the support of the Raydium community.
1) Community Pools are meant to be open to the wider community. While participation and eligibility may depend on project requirements, the purpose is to make these open to the ecosystem regardless of whether or not you’ve ever used Raydium.
2) RAY Pools will be open to users who stake RAY tokens on the Raydium platform. To qualify, participants will need to have a minimum number of RAY staked in the RAY staking pool on Raydium. Snapshots will be taken starting 7 days from the opening of a pool and continue until the pool opens. The minimum staking amount for the first batch of AcceleRaytor projects will be 20 RAY, however this may change in the future. Similar to the Community Pool, participation and eligibility may depend on project requirements.
LaunchpadSolana