Synthetify Launching on AcceleRaytor

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Solana Blockchain's new token sale is up and organized.

How to participate:

Stake at least 100 RAYs on Raydium no later than June 22, 12:00UTC.

Lotto ticket is paid 1 for every 100 RAY staking, up to 5 paid (500 RAY staking)

Raydium long-term stakingers will receive 1 ticket for every 50 staking from 30 days prior, up to 5. Instead, one additional ticket is paid for every 1000 pieces. (Example: When staking 2500RAY 30 days in advance, you will receive a total of 12 cards, 7-day staking 5 cards, 30-day staking 5 cards and more than 1,000) - For reference, staking when staking Ray at Solfarm not counted as a period. You have to stake directly in Radium.

When the pool opens at 12:00 UTC on June 29th, you need to deposit the number of tickets you have x 100 USDC. That is, if you have 12 tickets, you need to deposit 1200 USDC to make all 12 tickets valid. You can deposit less than the ticket you have, but there is no chance of winning a ticket that has not been deposited.

If there is a winning ticket among the tickets, 100 USDC of SNY tokens are paid per ticket (66.66666 SNY).

Schedules to remember:

RAY staking time: June 22, 12:00 UTC
USDC deposit after POOL open: June 29 UTC 12:0 - Pool is only open for 4 hours
IDO: June 30, UTC 13:00 - Around this time, it will be possible to check and claim the winning SNY token.

Strategic Approach:

If you have not already staked RAY in Radium, you can receive up to 5 tickets per account by staking until tomorrow at 9pm. Currently, the price of Ray is about $4 each, so it takes about $2,000 to fit 500 pieces. You will also need 500 USDC for 5 tickets for each subsequent USDC deposit. If you are already staking RAY, it may be beneficial to just leave it on Raydium and mine in the future.

Since there is 4 hours of free time to deposit into the POOL, it is better to enter the POOL sequentially rather than immediately, based on past experience. In the beginning, there was an error and the connection was not smooth. Since the SYN token sale becomes possible after the IDO launches, you can sell it when the price jumps immediately after the IDO, or you can configure an LP to mine additional SNY tokens from the Fusion pool and mine. However, if you enter mining after the initial LP configuration, I would like to share the experience in which it was profitable to sell SNY once at a high price and to mine after entering the LP after price stabilization after repurchasing rather than constructing and mining LP at the very beginning.

Get More Info at: https://raydium.medium.com/synthetify-launching-on-acceleraytor-3755b4903f88

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