AcceleRaytor is a launchpad empowered by Raydium to enable an innovative platform to raise capital for new Solana projects. The launchpad facilitates the growth and development of emerging Solana-based projects. To date, the launchpad has conducted 18 IDOs, with the most successful ones including Star Atlas and Zebec Protocol. Projects opting for Raydium AcceleRaytor to run an IDO should complete the application form.
Raydium is a comprehensive DeFi platform and Automated Market Maker (AMM) protocol built on the Solana blockchain network. It offers various features:
The Raydium coin – RAY plays a central role, serving as the native token for governance and participating in the ecosystem's activities to get rewards and offerings. The AcceleRaytor launchpad uses a lottery method to conduct token sales. Users receive lottery tickets based on the amount of staked RAY tokens and the duration (7 or 30 days). Raydium operates in a DeFi fashion, so it does not require KYC verification.
The Raydium team is entirely anonymous, and all their pseudonyms include the word "Ray." Co-founder AlphaRay has participated in a podcast by Validated and discussed the founding of Raydium.