Yawww is Launching on AcceleRaytor

1. YAW AcceleRaytor Public Raise details:

Eligibility and pool details:

  • Allocation will be determined by a lottery system.
  • Allocation for one winning lottery ticket: 125 USDC
  • There will be four 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: March 2, 14:00 UTC (Edit: Due to Solana network congestion, the snapshot was delayed until March 2, 16:00 UTC )
  • 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: February 7, 14:00 UTC (snapshot already taken)
  • 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: December 9, 14:00 UTC (snapshot already taken)
  • Users that are eligible for the 180-day deadline will receive additional tickets on top of any received for the 90-day, 30-day, and 7-day deadline.
  • Eligibility: At least 50 RAY staked 180 days prior to the 180-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: Dave has had 3,000 RAY staked before the 180-day deadline. He will receive 29 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, 5 for the 90-day deadline 50 RAY max allotment and 3 additional for each 1,000 RAY staked, and 5 for the 180-day deadline 50 RAY max allotment and 3 additional tickets for each 1,000 RAY staked.
  • 180-day staking deadline: September 26, 14:00 UTC (snapshot already taken, date modified for RAY staking updates)

How does it work?

  • Example: Dave has 29 tickets, 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.
  • Dave deposits 3, 625 USDC, Carol deposits 2,625 USDC, and Alice deposits 1,500 USDC, their maximum, to ensure that all of their tickets are entered in the lottery. Bob deposits 250 USDC even though he has 3 tickets because he needs the extra 125 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 500 USDC allocation. Alice has 1 winning ticket and will receive a 125 USDC allocation. Bob does not have any winning tickets, better luck next time, Bob.
  • Example: Carol claims her 2,125 USDC, Alice claims her 1,375 USDC, and Bob claims his 250 USDC after the lottery concludes. Carol and Alice must wait for the YAW IDO to claim YAW.

2. YAW IDO on Raydium:

How does it work?

  • Raydium will launch a YAW-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 YAW-USDC LP launches.
  • Users will also be able to add liquidity to YAW-USDC LP and then stake LP tokens to earn yield on the Fusion Pools page. Rewards will be in YAW 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 Yawww?

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