RunNode is Launching on AcceleRaytor

1. RUN AcceleRaytor Public Raise details:

Eligibility and pool details:

  • Allocation will be determined by a lottery system.
  • Allocation for one winning lottery ticket: 80 USDC
  • There will be three snapshot deadlines to determine ticket allotment.
  • Eligibility: At least 100 RAY staked in RAY single-sided staking prior to the 7-day staking deadline below and successful USDC deposit once the pool opens. RAY must remain staked until the pool opens.
  • Lottery tickets: 1 ticket for every 100 RAY staked — up to a maximum of 5 tickets. Staking more than 500 RAY will still receive 5 tickets maximum.
  • 7-day staking deadline: November 29, 12:00 UTC
  • To reward longer-term Raydium holders, users that are eligible for the 30-day deadline will receive additional tickets on top of any received for the 7-day deadline.
  • Eligibility: At least 50 RAY staked 30 days prior to the 30-day staking deadline below and successful USDC deposit once the pool opens. RAY must remain staked until the pool opens.
  • Lottery tickets: 1 ticket for every 50 RAY staked — up to a maximum of 5 tickets, and 1 additional ticket for every 1,000 RAY staked.
  • Example: Alice has had 2,500 RAY staked before the 30-day deadline. She will receive 12 tickets — 5 for the 7-day deadline 100 RAY max allotment, 5 for the 30-day deadline 50 RAY max allotment, and 2 additional for each 1,000 RAY staked.
  • 30-day staking deadline: November 6, 12:00 UTC (snapshot already taken)
  • To reward longer-term Raydium holders, users that are eligible for the 90-day deadline will receive additional tickets on top of any received for the 30-day and 7-day deadline.
  • Eligibility: At least 50 RAY staked 90 days prior to the 90-day staking deadline below and successful USDC deposit once the pool opens. RAY must remain staked until the pool opens.
  • Lottery tickets: 1 ticket for every 50 RAY staked — up to a maximum of 5 tickets, and 1 additional ticket for every 1,000 RAY staked.
  • Example: Carol has had 3,000 RAY staked before the 90-day deadline. She will receive 21 tickets — 5 for the 7-day deadline 100 RAY max allotment, 5 for the 30-day deadline 50 RAY max allotment and 3 additional for each 1,000 RAY staked, and 5 for the 90-day deadline 50 RAY max allotment and 3 additional for each 1,000 RAY staked.
  • 90-day staking deadline: September 7, 12:00 UTC (snapshot already taken)

How does it work?

  • Example: Carol has 21 tickets and Alice has 12 tickets as the above examples. Bob staked 300 RAY before the 7-day deadline and will receive 3 tickets.
  • Carol deposits 1,680 USDC and Alice deposits 960 USDC, their maximum, to ensure that all of their tickets are entered in the lottery. Bob deposits 160 USDC even though he has 3 tickets because he needs the extra 80 USDC to buy Alice a cool NFT that is dropping that day. In Bob’s case, only 2 of his tickets will be entered in the lottery.
  • Example: Carol has 4 winning tickets and will receive a 320 USDC allocation. Alice has 1 winning ticket and will receive an 80 USDC allocation. Bob does not have any winning tickets, better luck next time, Bob.
  • Example: Carol claims here 1,360 USDC, Alice claims her 880 USDC, and Bob claims his 160 USDC after the lottery concludes. Carol and Alice must wait for the RUN IDO to claim her RUN.

2. RUN IDO on Raydium:

How does it work?

  • Raydium will launch a RUN-USDC liquidity pool (LP), after which trading will be live on the Raydium Swap interface. The AMM will begin placing orders on Serum a short time after the LP launch.
  • Participants with winning tickets for the AcceleRaytor raise pool will also be able to claim their tokens at approximately the same time that the RUN-USDC LP launches.
  • Users will also be able to add liquidity to RUN-USDC LP and then stake LP tokens to earn yield on the Fusion Pools page. Rewards will be in RUN tokens.
  • Reward emissions on the Fusion pool will begin shortly after the LP launches, to give users time to add liquidity and stake in the Fusion pool for yield farming.

What is RunNode?

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