When you add to a pool you will receive Liquidity Provider tokens (LP tokens). For example, if a user deposited $RAY and $USDC into a pool, you would receive RAY-USDC RLP tokens. These tokens represent a proportional share of the pooled assets, allowing a user to reclaim their funds at any point.
Read moreIs raydium exchange safe?
It’s an Automated Market Maker (AMM) that is built on Solana Blockchain. This article will give a complete review of the Raydium, its token, features, and benefits. You will realize that the Raydium is legit and not a scam .
Read moreWhat wallets work with raydium?
A few recommended wallets are listed below: Phantom offers a wallet and browser extension with a streamlined, user friendly interface. Raydium highly suggests Phantom for new users and those that want a simple and straightforward wallet experience. Sollet.io is an SPL wallet built by the Serum team.
Read moreHow do you trade raydium?
The process of Swapping on Raydium is similar to that on other DEXs; however it’s much faster and cheaper. Step 1: Select the Swap tab at the top of the website. Step 2: Choose Connect Wallet at the top right corner → choose Coin98 Wallet from the wallet list. Enter the password to access Coin98 Extension Wallet.
Read moreWhat is raydium?
Raydium is an automated market maker (AMM) built on the Solana blockchain that shares liquidity with the Serum decentralized exchange .
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