Dear user,
BiKing Exchange will launch the RAY spot trading pair at 12:00 on March 16, 2024 (UTC).
Deposit open time: 12:00 on March 16, 2024 (UTC).
Transaction open time: 12:00 on March 16, 2024 (UTC)
Withdrawal open time: 12:00 on March 17, 2024 (UTC)
Support network: Solana
Raydium is an automated market maker (AMM) and liquidity provider for the Serum decentralized exchange (DEX) built on the Solana blockchain. Unlike any other AMM, Raydium provides on-chain liquidity for a central limit order book, meaning funds deposited into Raydium will be converted into limit orders sitting on the Serum order book. This gives Raydium LP access to all of Serum’s order flow and its existing liquidity. RAY is a native utility token used for:
- Stake to earn protocol fees
- Staking to obtain IDO allocations
- Conduct governance votes on protocol decisions
Token name: Raydium Token symbol: RAY
Official website: https://raydium.io/
Spot trading airdrop
To celebrate the official launch of RAY on Biking Exchange, Biking has set up a 20,000U token prize pool, all of which will be airdropped to RAY trading users; you can receive airdrops by participating in RAY token trading on Biking Exchange.
Event time: Trading opening time: 12:00 on March 16, 2024 to 12:00 on March 21, 2024 (UTC+8)
Activity 1: Register to share the total prize pool of 8,000U token airdrop
New users who register on the BiKing Exchange during the event and start trading RAY/USDT will enjoy a random airdrop of 2-10U equivalent tokens. While supplies last!
Activity 2: Trade rankings to share the 12,000U prize pool
During the event, users who conduct RAY spot transactions on Biking Exchange with a transaction volume of no less than $100 will be ranked according to the cumulative transaction volume and jointly share the 15,000U token prize pool. The rewards are distributed as follows:
First place 3,000U
Second place 2,000U
Third place 1,000U
4th to 10th place will be divided into 4,000U
The reward for equal exposure to rain and dew is 2,000U.
Event Description:
1. Event rewards will be distributed to the Biking exchange fund account within 24 hours after the event ends.
2. The specific number of shares will vary slightly due to changes in currency prices, and event rewards will be priced at the price of 24 points after the event ends;
3. The final interpretation right of this event belongs to Biking official.
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