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 Ray Wallet, Yoroi, Daedalus, or Adalite.

Ray Wallet 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:

  • Find delegation section
  • Find Ray pools by ID or HASH (see Ray Stake section)
How many rewards will I get?

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 50 ADA per epoch (rate may vary, see distribution rules)
When can I get XRAY rewards?

Reward withdrawals will be available after epoch 277 (275 + 2).

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

Additional early delegators bonus (1,538,200 XRAY) available for delegators joined to the program up to and including epoch 275.

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 Rewards can be withdrawn at any time.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.

You can check or withdraw your XRAY or ADA rewards in Ray Wallet. If you don't use Ray Wallet, do so on the token distribution page - https://x.rraayy.com.

Where can I see the distribution rules?

Visit the token distribution page - https://x.rraayy.com

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.

Can I use the Hardware Wallet for delegation?

Implementation of hardware wallets is still in progress, so you can use any other wallet that supports hardware wallets.

Do you have any questions?
Read our Wiki or drop us a letter hello@rraayy.com
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