Can you stake raydium?

RAY can be staked or deposited into liquidity pools on the Raydium platform in order to earn additional rewards. Every time a trader swaps assets using a Raydium liquidity pool, a 0.03% fee is paid out in RAY to those who are staking tokens in that pool.

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How do liquidity tokens work?

LP tokens represent a crypto liquidity provider’s share of a pool, and the crypto liquidity provider remains entirely in control of the token . For example, if you contribute $10 USD worth of assets to a Balancer pool that has a total worth of $100, you would receive 10% of that pool’s LP tokens.

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