Raydium Unveils LaunchLab Rewards with $50K $RAY Prize Pool to Boost Trading

Raydium has recently launched its LaunchLab Rewards program. The first phase features 50,000 $RAY prize pool where traders can participate by trading on Raydium and its partners like JupiterExchange, gmgnai, BullX, MaestroBots, TradeonNova, tradewithPhoton, bonkbot_io, and BananaGunBot.

Traders can claim the first phase rewards and position for future incentives by increasing onchain transactions.

Raydium’s strategy also includes $RAY repurchasing to strengthen its token economy.