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Largest DeFi on Solana
Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX).
It has liquidity pools and yield farming.
They are Liquidity Pool that earns project token for certain project partnerships they have.
Some of them have
DUAL YIELD, which earns a project token and also
Every LP swap has a 0.25% fee. 0.22% of that goes back to the LP pool, and 0.03% goes to RAY staking.
APY displayed are for the last 24 hours only, annualized.
Genesis on 21 Feb 2021.
Emissions will last for approximately 36 months, with halvenings occurring every six months. A halvening means the budget for maximum tokens used for emissions during a 6 month period will halve relative to the previous period. The full amount of the budget will not necessarily be emitted during that period.
0.03% of trading fees will be awarded to RAY stakers