51% of RAY supply and vote to mint more RAY total supply to diluted it?
How can we prevent him with less voting power? Sometimes more voting power doent meaning doing smart things.
Thanks!
I am a raydium holder.
Hi william how are you? That's a great question at the moment i dont think minting additional ray would be an issue since RAY token is fixed by smart contract itself, it's wont be able to mint more than the stipulated amount which is 555million of RAY.
If i correctly understand there is no more any locked or not distributed tokens?
You can refer to here for circulated supply https://www.coingecko.com/en/coins/raydium
Almost half distributed (
Thanks! Governance function can not change the fixed number of token? Even if a popularity of people vote to change?
Yes sir, the no of tokens are capped
Thanks!!! Will someday the stalking reward will be zero? Or it is like bitcoin halving? (Will be less over the time but never be zero) I am planing to stake it, need more information ❤️
It's in our FAQ, part of the swap fee is used to buy back ray which we can use it for Staking reward
Keep the great questions come in 🫡
Thanks sir. I am reading what you give me first, then ask if I am stuck at something 😆
Of th hundreds of tg group's im in, youre N1 admin👍
🫡 you just made our day sir
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