Welcome to Coindecimal Raydium Airdrop updates. Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield.
Why is Raydium different?
Other AMM DEXs and DeFi protocols are only able to access liquidity within their own pools and have no access to a central order book. Additionally, with the majority of platforms running on Ethereum, transactions are slow and gas fees are high.
Raydium offers a few key advantages:
Faster and cheaper: We leverage the efficiency of the Solana blockchain to achieve transactions magnitudes faster than Ethereum and gas fees which are a fraction of the cost.
- A central order book for ecosystem-wide liquidity: Raydium provides on-chain liquidity to the central limit order book of the Serum DEX, meaning that Raydium allows access to the order flow and liquidity of the entire Serum ecosystem.
- Trading interface: For traders who want to be able to view TradingView charts, set limit orders and have more control over their trading.
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Raydium Airdrop Rewards Details
- Qualified users are defined as having connected a wallet, completed a swap, and completed Twitter verification by tweeting their customized referral code. Qualified users will receive a minimum of 5 points for the lucky airdrop pool and are eligible to receive an airdrop of up to $1,000 in RAY tokens.
- The first 4,000 users to connect a wallet, swap, verify Twitter, and refer at least 1 qualified user are guaranteed to win $10 in RAY tokens each. The aforementioned steps are worth 5 points in the lucky draw airdrop pool where verified users will also be eligible to receive an airdrop of up to $1,000 in RAY tokens.
- Qualified users can earn extra points for the lucky airdrop pool by completing bonus tasks; 1) Following Raydium on Twitter and 2) Joining the Raydium Discord, worth 1 entry each.
- The top 5 finishers on the referral leaderboard will win $2,000 in RAY tokens each. Referrals do not count as extra points for the lucky draw pool.
- Prizes for the lucky draw will be issued in descending order (ie: 3 winners of $1,000, 15 winners of $300, 100 winners of $100, 250 winners of $50, and 1,000 winners of $20). Winners are ineligible to win multiple prizes from the lucky draw pool.
Raydium Airdrop Requirements
- First 4,000 to Swap on Raydium, Complete Twitter Verification, & Successfully Refer at least 1 Friend
- Lucky Draw Pool Swap on Raydium & Complete Twitter Verification (Worth 5 Entries)
- Earn Bonus Entries! Follow Raydium and Join them on Discord
- Top 5 on the referral leaderboard to share $2000 Ray token
Raydium Airdrop TEAMS & CONDITIONS
- Users that qualify for a guaranteed airdrop of the equivalent of $10 in RAY tokens are also eligible to participate and win the random draws for the $20, $50, $100, $300, and $1,000 in rewards. However, participants will not be able to win multiple lucky draws.
- Users will need to verify their completion of tasks via the Raydium Airdrop Page in order to qualify for the lucky draw. Lucky draw winners will be selected by the Raydium team.
- Raydium reserves the right to cancel or amend any Activity Rules at our sole discretion, as well as the final interpretation of user task completion.
- Rewards will be distributed to eligible participants via the address linked to the account they used to swap.
- The airdrop campaign will conclude at 12:00 (UTC) on August 19.
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