What is Raydium and the RAY Token?

April Update: The Case Entrance has been reached out for a last time frame and will stay open until May 14 at 23:59 UTC. After the Case Entryway closes, unclaimed remuneration will be gotten back to the Raydium Buyback Depository.

The last augmentation follows an extra expansion from April third until April seventeenth.

Remuneration for Tulip Exchanged Utilized positions has been dispersed. A part of assets were dispensed to the Raydium Guarantee Entryway and a piece of assets were circulated from Tulip's Convention Protection Asset. Tulip's Protection Asset was reimbursed from the Raydium Depository.

Feb 28, 2023 Update: Remuneration for Tulip Utilized Vaults and DeltaOne items has been moved straightforwardly to the outsider records and credited to individual client positions on those stages. Furthermore, the cutoff time to get to the Case Gateway has been stretched out until April 3, 2023, at 23:59 UTC for all positions illustrated in Stage 1 and Stage 2 underneath.

With an end goal to keep all data about the cases cycle in one spot, this article has been refreshed with subtleties on Stage 2 cases. Past subtleties on Stage 1 and 2 cases, which are as of now in the works, stay at the lower part of this article.

Stage 2 Outline: Tulip

Stage 2 cases incorporate those for outsider conventions with system vaults. For this piece of Stage 2, cases will open for non-utilized positions held and kept up with on Tulip's auto system vaults.

Tulip transferred accessible depiction information to Raydium's Github. The depiction demonstrates the extent of non-utilized client places that make up Tulip's PDA adjusts. Set forth plainly, the gave preview shows individual client (Public Key) balances in every Tulip vault and how much every client is owed in pay.

Timing: The Case Entryway opens for 'Stage 2 Tulip' disseminations on February, 3, 12:00 UTC. The Case Entryway will stay open for a considerable length of time and can be gotten to until April 3, 2023. Stage 1 cases for positions held straightforwardly on Raydium and Stage 2 cases for Francium positions are now in the works and stay open.

Kindly Note: Cases are time delicate as per above dates. Unclaimed resources will be gotten back to the Raydium Depository and unclaimed Beam contributed from the group assignment will get back to group saves, when the Case Entry closes.

Pay Subtleties

Pay for this stage is reliable with Stage 1 and the initial segment of Stage 2. Resource claims for liquidity suppliers (LPs) during the episode will be in three primary classes:

1. For Beam USDC, Beam SOL, and Beam USDT on Tulip, liquidity suppliers will actually want to guarantee 100 percent of the first chief lost to every individual position in light of a depiction of LP adjusts at the hour of the endeavor.

Beam used to cover unique head openness is dispersed from vested Raydium group token stores.

2. For SOL-USDC, SOL-USDT, stSOL-USDC, and whETH-USDC on Tulip, individual liquidity positions will actually want to guarantee 90% of the first chief lost to every individual position in light of a depiction of LP adjusts at the hour of the endeavor.

3. For SOL-USDC, SOL-USDT, stSOL-USDC, and whETH-USDC on Tulip, individual liquidity positions can likewise guarantee the excess 10% of lost resource esteem (at the hour of the endeavor) designated in Beam. An extra 20% of the leftover lost resource esteem in Beam will be additionally added to the remuneration. In this way, for each $1 of the first head not canvassed in the local resource, $1.20 worth of Beam, or a proportion of 1:1.2, will be utilized for pay.

Extra Beam pay is appropriated from vested Raydium group token stores.

The worth of Beam is gotten from a 30-day TWAP from CoinMarketCap for the period between December sixth to January third. The 30-day TWAP cost of Beam is $0.1813.

Unique articles illustrating Stage 1 and Stage 2 (Francium) claims are beneath.

As usual, drop by the Raydium Disagreement server with any inquiries or criticism.

This article was refreshed on January twentieth, 2023 to incorporate the Remuneration Plan for part of Stage 2 cases, including positions held and kept up with on Francium and the launch of cases for ZBC-USDC and UXP-USDC.

UPDATE: Remuneration Plan update and data (as of Jan 20, 2023)

With an end goal to keep all data about the cases cycle in a one spot, this article has been refreshed with subtleties on the initial segment of Stage 2 cases. Subtleties on Stage 1 cases, which are now in the works, stay at the lower part of this article.

Stage 2 Outline

Stage 2 cases incorporate those for outsider conventions with procedure vaults, and the ZBC-USDC and UXP-USDC pools.

For this initial segment of Stage 2 (Stage 2-A), cases will open for all positions held and kept up with on Francium, and positions in the ZBC-USDC and UXP-USDC pools on Raydium.

Francium has transferred accessible depiction information to Raydium's Github. The depiction demonstrates the extent of client places that make up Francium's PDA adjusts. Set forth plainly, the gave preview shows individual client (Public Key) balances in every Francium vault and how much every client is owed in remuneration.

ZBC-USDC and UXP-USDC positions held straightforwardly on Raydium Swap are additionally open for claims.

Claims for positions hung on outsider conventions other than Francium will open sometime in the not too distant future in Stage 2.

Timing: The Case Gateway opens for Stage 2-A dispersions on Jan, 20, 12:30 UTC. The Case Gateway will stay open for quite a long time and can be gotten to until Walk 21, 2023. Gradually work 1 cases are as of now underway and stay open.

Kindly Note: Cases are time delicate as indicated by above dates. Unclaimed resources will be gotten back to the Raydium Depository and unclaimed Beam contributed from the group designation will get back to group holds, when the Case Entryway closes.

Remuneration Subtleties

Remuneration for Stage 2-An is steady with Stage 1. Resource claims for liquidity suppliers (LPs) during the occurrence will be in three principal classes:

1. For Beam USDC, Beam SOL, and Beam USDT, liquidity suppliers will actually want to guarantee 100 percent of the first chief lost to every individual position in view of a preview of LP adjusts at the hour of the endeavor.

Beam used to cover unique head openness is conveyed from vested Raydium group token stores.

2. For SOL-USDC, SOL-USDT, stSOL-USDC, ETH-USDC, UXP-USDC and ZBC-USDC individual liquidity positions will actually want to guarantee 90% of the first chief lost to every individual position in view of a depiction of LP adjusts at the hour of the endeavor.

Kindly note: The UXD and Zebec Depository LP positions address a significant measure of the resources in their separate pools, pay for Depository positions are being dealt with on a singular premise.

3. For SOL-USDC, SOL-USDT, stSOL-USDC, ETH-USDC, UXP-USDC and ZBC-USDC individual liquidity positions can likewise guarantee the excess 10% of lost resource esteem (at the hour of the adventure) named in Beam. An extra 20% of the excess lost resource esteem in Beam will be additionally added to the remuneration. In this way, for each $1 of the first head not shrouded in the local resource, $1.20 worth of Beam, or a proportion of 1:1.2, will be utilized for pay.

Subsequent stages for pay
Following the underlying proposition for the remediation of assets, resources in the depository have been utilized to acquire by far most of resources that were impacted during the adventure.

The following stage is to utilize the acquired resources for reestablish misfortunes to clients that had liquidity positions in impacted pools at the hour of the episode.

The arrangement to push ahead and remunerate clients is beneath.

Stage 2 will follow Stage 1, but some time is expected to manage extra subtleties:

Eminently, outsider conventions and methodology vaults are excluded from Stage 1. A procedure vault, for instance an auto-intensifying vault, expects clients to store LP tokens in a PDA, and that implies Raydium's depictions can credit LP tokens saved in technique vaults to one "proprietor," or the outsider convention's location.
Raydium doesn't anticipate separating between outsider conventions, yet asks that conventions impacted transfer accessible depiction information to Raydium's github and expand on how they would appropriate assets in the gathering.
Claims for liquidity positions in the ZBC-USDC and UXP-USDC pools will be appropriated in Stage 2.
Raydium plans to open cases for outsider convention "Proprietors" in Stage 2. The rundown of positions on anticipating extra data from outsider stages is as per the following:

Stage 1 Remuneration subtleties
Resource claims for liquidity suppliers (LPs) during the occurrence will be in three principal classifications:

Beam used to cover unique head openness is disseminated from vested Raydium group token stores.

2. For SOL-USDC, SOL-USDT, stSOL-USDC, and ETH-USDC, individual liquidity positions will actually want to guarantee 90% of the first chief lost to every individual position in view of a preview of LP adjusts at the hour of the endeavor.

Central issues
Stage 1 of dispersion will be accessible by means of a Case Gateway on Raydium, expected to go live January 5, 12:00 UTC for a very long time until Spring fifth.

Subtleties on Stage 2 of conveyance will continue before very long. On the off chance that you are an outsider convention, if it's not too much trouble, help to give extra data nitty gritty above

Because of the whole local area for help as Raydium Exchange keeps on endeavoring towards an answer for clients.