Ray Network token - XRAY - is a Cardano based cryptocurrency token for a fuelling the Ray platform. Ray is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions and other services.
XRAY is a governance token that powers Ray Network ecosystem. This is well positioned for community-led growth, development, and self-sustainability token.
Policy ID: ae2a0aa5a24b27d9868c4a73b7c08077ac21baade5eca0fa467a2bbd
When most services are fully launched, the token will be used as payment for those services, such as premium Ray NFT marketplace placement, Ray KickStart placement, tokens minting, will be used as a governance token, and yield farming in Ray Swap. Later we will announce our B2B solution based on Atala PRISM.
We provide full circle integrations of different web systems for clients from all over the world based on our framework - Visual Builder. Since 2017 we have successfully implemented several cryptocurrency projects for our clients, and in 2021 we are ready and able to build own ecosystem.
We are a completely open and non-anonymous team, you can find information about the CEO here.
Yes, we are fully open source and publish the code under the MIT license. Github repository.
To successfully launch wallet and DEX, and not to violate laws of different countries, to be in compliance with SEC and IRS requirements, we are in the process of registering the company in Estonia, one of the most loyal countries to cryptocurrency, to get a license to work with cryptocurrencies.
Delegate your ADA to Ray Network pools and receive rewards in ADA and XRAY.
Use Ray Wallet, Yoroi, Adalite or Daedalus to delegate. Please do not use exchanges or centralized wallets, your rewards may be lost. Pools list
Current Epoch: 0; Total Accrued: 0 XRAY; Undelivered: 0 XRAY
Support for liquidity providers. To be announced after the release of Ray Swap.
IDE token distribution with vesting period and buy back option. To be announced after the release of Ray Kickstart.
400 millions XRAY have been minted at genesis and will become accessible over the course of 3 years. The initial four year allocation is as follows:
A community-managed treasury opens up a world of infinite possibilities. We hope to see a variety of experimentation, including ecosystem grants and public goods funding, both of which can foster additional Ray Network ecosystem growth. Ray Network has set the standard for automated liquidity provision: it is now time to set the benchmark for responsible but radical, long-term aligned on-chain governance systems.
Ray Network governance will be live from day one (smart contract release date).
In the meantime, XRAY holders will have immediate ownership of:
Initial governance parameters are as follows: