Stake Delegators Wiki

What is the Stake Delegators program?

This is a program for distributing XRAY tokens to Ray pools delegators.

How can I participate in the Stake Delegators program?

You must delegate ADA to the Ray pools. This can be done through various wallets such as RayWallet, Yoroi, Daedalus, or Adalite.

RayWallet delegation process:

  • Visit https://raywallet.io
  • Create a wallet or unlock an existing one
  • Go to Stake -> Pools section and delegate to any Ray pool (select a pool with a saturation less than 100%)

Other wallets with delegation feature:

How many rewards will I receive?

You will receive your first rewards after two epochs after the delegation (an epoch in Cardano is a period of five days):

  • ~0.07% in ADA per epoch (~5% ROI)
  • 1 XRAY per 0.000000 ADA staked per epoch (rate may vary, see distribution rules)
Where can I withdraw my rewards? Or check my balance?

After two epochs after the delegation you will start to receive your rewards. Rewards can be withdrawn at any time. You can accumulate them, or withdraw them each epoch.

Go to the RayStake → Track & Withdraw section and enter your address or stake key. To withdraw your XRAY rewards follow instructions under the QR section.

Why should I send 2 ADA's to a special address?

Native tokens cannot be sent separately from ADA, this is a limitation of Cardano. Minimum amount of ADA sent together with token is ~1.5 (it will be returned to you with XRAY rewards) and ~0.5 as transaction fee.

Therefore, we require 2 ADA to be sent to a special address to cover these costs.

What is an additional bonus and how can I get it?

Additional early delegators bonus (15,382 XDIAMOND or 1,538,300 XRAY) available for delegators joined to the program up to and including epoch 275. Registration end.

Where can I check the distribution rules?

Visit the token distribution page Homepage → XRAY → Distribution.

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