Instructions for participating in IDO investment on Raydium

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2021-08-17 01:23:04

In the last article, I gave you an overview of the Raydium project as well as the difference between Raydium and other AMMs. Today, I would like to introduce to you AcceleRaytor – an initiative of Raydium to promote the development of Solana Ecosystem.

Let’s dig into the details!

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What is AcceleRaytor?

On April 9, 2021, Raydium announced the launch of AcceleRaytor, which is a launch pad for new projects on the Solana ecosystem. AcceleRaytor is designed to help projects accelerate development by crowdfunding with a streamlined end-to-end process. AcceleRaytor intends to help support projects so that they can quickly gain initial liquidity in a completely decentralized manner.

Liquidity Group & Participating Structure

Liquidity group

There will be 2 Pools available for projects launching on AcceleRaytor: Community Pools and RAY Pools. This approach is completely new, this gives the community more opportunities to participate in the early stages of the project and this is also considered a reward for the Radium community.

Community Pools: For a community where non-RAY owners can also participate. Eligibility for participation depends on the requirements of the project.

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RAY Pools: Will be open to users who stake RAY on the Raydium platform. To be eligible, participants will need to have a minimum number of bet RAYs in the staking pool RAY on Raydium. Snapshots will be taken starting 7 days from the date of opening pools. The minimum stake for the first batch of AcceleRaytor projects will be 20 RAY, however this may change in the future. Similar to Community Pools, eligibility may also depend on project requirements.

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Participating structure

The allocation of tokens to eligible participants will be adjusted on a project-by-project basis. However, AcceleRaytor aims to attribution to as many participants as possible. Methods can vary from project to project, but the two main attribution models are:

  • Scale model guaranteed : All participants who contribute during the pool opening period will receive an allocation proportional to their contributed amount as a percentage of the total amount contributed. In case the total amount exceeds the maximum limit of pools, the remaining amount will be returned.
  • First come, first served model: All participants can contribute until the group reaches the maximum total fund limit.

Guide to Join Star Atlas IDO on Raydium

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Star Atlas, a blockchain game developed on Solana, is attracting great attention from the NFT P2E Game community even though it has not been released yet.

Star Atlas is an online game with very eye-catching 3D graphics. With the context of Metaverse, players will transform into one of three forces competing for resources, exploring and conquering territories to dominate the universe.

The game is invested by quality VC funds such as Serum, MoonWhale Capital, Petrock Capital, Megala Ventures… and advised by Sam – Founder of FTX.

Currently, it is only known that Star Atlat will conduct IDO on Raydium and Apollo-X at the end of August 2021 with a total Pool of 500,000 USD. I will update more details about the participation mechanism when specific information is available.

For more details about the game as well as game instructions, please visit the following link: https://cryptoviet.com/danh-gia-va-huong-dan-choi-star-atlas

Instructions to create Solana wallet

You can access the following link for instructions on how to create a Solana wallet: https://cryptoviet.com/en-solana-tot-nhat

Epilogue

Above is all information about Raydium’s IDO platform and information about a pretty hot game that is about to open a public sale. Hope the above information is useful to you. Goodbye and see you in the next posts.

WARNING: Investing in financial products carries a lot of risk that may not be suitable for some investors. Therefore, please consider carefully and control yourself before making any decisions made up of the contents of this website.

#Instructions #participating #IDO #investment #Raydium

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