TabTrader is Launching on AcceleRaytor

A leading mobile app for crypto trading on 34 of the largest exchanges

We’re excited to announce that on December 1st, TabTrader will be launching on AcceleRaytor!

TabTrader allows users to trade anywhere and anytime from their mobile device with all the main crypto exchanges accessible through a unified interface. TabTrader is the dominant exchange aggregation platform with more than 1.6 million downloads and currently has more than 400 thousand active users on its Android and iOS apps, and will be rolling out desktop and DEX.

This article will cover the two parts of an AcceleRaytor launch: 1) the Public Raise and 2) the IDO on Raydium.

1. TTT AcceleRaytor Public Raise details:

Total tokens for the raise: 10,000,000 TTT (1% of total TTT supply), unlocked

Token fixed price: 0.1 USDC for 1 TTT

Total raise: 1,000,000 USDC

Model: Lottery for allocation

Allocation for winning ticket: 100 USDC (1,000 TTT)

Total number of winning tickets: 10,000

Pool opens: December 1, 12:00 UTC

Pool closes: December 2, 00:00 UTC

Open period of the pools: 12 hours

Eligibility and pool details:

There will be one RAY pool available for the TTT raise.

  • Allocation will be determined by a lottery system.
  • Allocation for one winning lottery ticket: 100 USDC
  • There will be three snapshot deadlines to determine ticket allotment.

7-day deadline:

  • 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 24, 12:00 UTC

30-day deadline:

  • 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 1, 12:00 UTC (snapshot already taken)

90-day deadline:

  • 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 2, 12:00 UTC (snapshot already taken)

How does it work?

Tickets: Users receive tickets according to the ticket allotments above. However, for a ticket to be counted in the lottery, users must deposit USDC for each ticket they wish to have entered.

  • Example: Carol has 21 tickets and Alice has 12 tickets as the above examplse. Bob staked 300 RAY before the 7-day deadline and will receive 3 tickets.

Deposit: When the pool opens, users will need to deposit 100 USDC for each ticket in order for it to be counted in the lottery. Users can choose to deposit less than their total ticket allocation, however tickets without a matching deposit will not be entered in the lottery. Deposits must be in multiples of 100 USDC.

  • Carol deposits 2,100 USDC and Alice deposits 1,200 USDC, their maximum, to ensure that all of their tickets are entered in the lottery. Bob deposits 200 USDC even though he has 3 tickets because he needs the extra 100 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.

Lottery: Once the pool closes, the lottery will take place, and winning tickets will receive a 100 USDC allocation for TTT. Results of the lottery will be shown very shortly after the pool closes.

  • Example: Carol has 4 winning tickets and will receive a 400 USDC allocation. Alice has 1 winning ticket and will receive a 100 USDC allocation. Bob does not have any winning tickets, better luck next time, Bob.

Claim: Once the lottery is complete users will be able to remove their USDC for any tickets that did not win. Claims for TTT from winning tickets will open once trading begins for the TTT IDO (details below).

  • Example: Carol claims here 1,700 USDC, Alice claims her 1,100 USDC, and Bob claims his 200 USDC after the lottery concludes. Carol and Alice must wait for the TTT IDO to claim her TTT.

Lottery Transparency

The lottery will be done on-chain, with lottery numbers assigned to tickets in the order that users deposit in the pool. After the pool closes, winning numbers will be determined by hashing a block, multiplying it by the timestamp, and matching the last 2 digits of that number with user ticket numbers. Any ticket number with the last 2 digits matching is designated a winning ticket. This process will be repeated until all the winners are determined.

2. TTT IDO on Raydium:

Token starting price: 0.1 USDC for 1 TTT

UPDATED: IDO Launch time: December 2, 16:00 UTC

How does it work?

  • Raydium will launch a TTT-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 TTT-USDC LP launches.

Fusion Pool — Provide liquidity to earn TTT rewards

  • Users will also be able to add liquidity to TTT-USDC LP and then stake LP tokens to earn yield on the Fusion Pools page. Rewards will be in TTT 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 TabTrader?

TabTrader is a trading terminal that supports 34 exchanges with over 12,000 instruments, a variety of analytical tools, and a convenient interface. It’s a quick-access application allowing you to track your exchange accounts, trade, analyze charts, and get instantly notified on price changes, all within one unified interface. The app has a rating of 4.7 on the Apple App Store (with over 52,000 ratings) and a rating of 4.5 on the Google Play Store (with over 55,000 ratings).

Make sure to follow official Raydium accounts below for updates.

Persons located in or residents of the United States, North Korea, Iran, Venezuela, any sanctioned countries as provided by OFAC, or any other jurisdiction in which it is prohibited from using any of the services offered on the Raydium website, including AcceleRaytor, (the ”Prohibited Jurisdictions”) are not permitted to make use of these services or participate in this token sale. For the avoidance of doubt, the foregoing restrictions on any of the services offered on the Raydium website from Prohibited Jurisdictions applies equally to residents and citizens of other nations while located in a Prohibited Jurisdiction.

Raydium is an on-chain order book AMM powering the evolution of DeFi. https://raydium.io/