What Is Rayls (RLS)? A Guide to the Future of Finance & How to Trade It on Phemex

Summary Box (Quick Facts)

• Ticker Symbol: RLS

• Chain: Hybrid EVM Blockchain (Public L1 & Private Networks)

• Circulating Supply: 1.5 Billion RLS

• Total Supply: 10 Billion RLS

• Primary Use Case: Uniting traditional and decentralized finance (DeFi).

• Current Market Cap: Approximately $37.2 million

• Availability on Phemex: Yes (Spot)

What Is Rayls?

Rayls (RLS) is an innovative blockchain ecosystem designed to unite the two titans of finance: the established world of Traditional Finance (TradFi) and the fast-moving, automated realm of Decentralized Finance (DeFi). The vision behind Rayls is to create the financial rails of the future by bringing the vast liquidity of TradFi—estimated at over $100 trillion—and its billions of users on-chain.

Rayls explained simply, it functions as a hybrid system. It features the Rayls Public Chain, a permissionless Layer-1 blockchain, alongside Rayls Privacy Nodes, which are high-performance institutional infrastructures. These nodes can connect to form Rayls Private Networks, creating a permissioned environment where banks and financial institutions can operate with the privacy and compliance they require. This dual structure allows a bank to tokenize an asset like a bond on its private network and then move it to the public chain for broader distribution, seamlessly bridging the two worlds.

How Many RLS Are There?

The tokenomics of Rayls (RLS) are designed to create a sustainable and deflationary economy.

• Max vs. Circulating Supply: Rayls has a fixed maximum supply of 10 billion RLS tokens, ensuring no more can ever be created. The current circulating supply is 1.5 billion RLS.

• Deflationary Mechanism: Rayls features a powerful automatic burning mechanism. For every transaction fee collected across the entire ecosystem—whether on the public chain or within private networks—50% of the RLS received is permanently burned. This directly links network usage with scarcity, creating a deflationary pressure on the token's supply over time.

• Distribution: The remaining 50% of fees are sent to a Network Security Pool, which is used to pay network validators and support ecosystem development. The initial allocation of the 10 billion RLS is divided among the foundation treasury and community (35%), investors (22%), the core team (17%), TGE supply (15%), and initial developers (11%), with vesting schedules in place for team and investor tokens.

What Does RLS Do?

The RLS token is the central utility asset that powers the entire Rayls economy. The primary Rayls use case is to facilitate activity across both its public and private chains.

• Real-World and Network Use Cases: RLS is used to pay for all transaction fees (gas) on the network. On the public chain, fees are pegged to a stable USD value to provide predictability for users and institutions. Within the private networks, institutions also use RLS to settle fees for asset issuance, transfers, and other operations.

• Utility for Staking and Governance: RLS is essential for securing the network. Validators must stake RLS to participate in transaction validation, earning RLS rewards in return. This aligns their incentives with the health of the ecosystem. In the future, RLS will also function as a governance token, allowing holders to vote on key decisions through the Rayls Governance DAO.

RLS vs. Bitcoin

The Technology Behind RLS

Rayls is built on a sophisticated technological stack that combines in-house innovation with battle-tested industry standards.

• Hybrid Architecture: The ecosystem is composed of a public, permissionless EVM Layer-1 chain and private, permissioned networks built from Privacy Nodes. This allows institutions to maintain full privacy and control while accessing public chain liquidity and applications.

• Unique Technologies: To achieve the privacy required by financial institutions, Rayls utilizes advanced cryptography, including Zero-Knowledge (ZK) proofs and Homomorphic Encryption. This allows for confidential transactions and data handling on the blockchain.

• EVM Standard: By choosing to be EVM-compatible, Rayls ensures that developers familiar with Ethereum can easily build on the platform. This also promotes interoperability with the largest DeFi protocols, such as Aave and Uniswap.

• Proof of Usage (PoU): To provide transparency into private network activity without compromising confidentiality, Rayls developed a Proof of Usage mechanism. This system posts public records of aggregated transaction fee value from private chains to the public chain, allowing anyone to verify network usage.

Team & Origins

Rayls was developed by a dedicated team of cryptographers and engineers under the guidance of the Rayls Foundation. The project was founded with the specific mission of unifying traditional and decentralized finance. While not always highlighting specific individuals, the project’s credibility is demonstrated through its successful pilots and partnerships with major financial players, including the Central Bank of Brazil and participants in reports from J.P. Morgan's Kinexys. The focus is on building enterprise-grade solutions through in-house expertise.

Key News & Events

Recent developments have generated significant news about Rayls, showcasing its growing adoption and market presence.

• Major Exchange Listings: The RLS token has been listed for spot trading on Phemex, significantly increasing its accessibility to a global user base.

• Central Bank CBDC Pilot: Rayls' privacy technology was selected for the Drex pilot, Brazil's Central Bank Digital Currency project, validating its infrastructure for wholesale CBDC payments.

• G20 TechSprint Recognition: The project was showcased at the prestigious G20 TechSprint for its innovative solutions aimed at improving cross-border payments.

• Institutional Adoption: Núclea, Brazil's largest payment infrastructure, is using Rayls to tokenize commercial receivables, demonstrating a powerful real-world use case.

Is RLS a Good Investment?

Evaluating whether Rayls (RLS) is a good investment requires considering its unique market position and the inherent risks of cryptocurrency.

• Investment Potential: The Rayls investment potential is closely tied to its goal of bridging the $100 trillion TradFi market with DeFi. Its deflationary tokenomics, where 50% of all transaction fees are burned, is designed to increase scarcity as network adoption grows. Partnerships with central banks and major financial institutions provide a strong foundation.

• Community and Market Position: Rayls is a key player in the Real-World Asset (RWA) tokenization sector, a rapidly growing narrative in the crypto industry.

• Risks: As with any digital asset, RLS is subject to market volatility and regulatory uncertainties that could impact its future.

Disclaimer: This is not financial advice. Crypto trading involves significant risks; only invest what you can afford to lose. Always conduct your own research before making any investment decisions.

How to Buy RLS on Phemex?

Phemex offers a secure and user-friendly platform to purchase and trade RLS. If you're wondering How to buy RLS, follow these simple steps:

1. Create a Phemex Account: Sign up on the Phemex website or app.

2. Fund Your Account: Deposit cryptocurrency or buy it directly with a credit card, debit card, or bank transfer.

3. Navigate to the Spot Market: Find the RLS/USDT trading pair.

4. Place Your Order: Choose your order type (market, limit, etc.), enter the amount of RLS you want to buy, and confirm the transaction.

Ready to get started? Trade RLS now on Phemex!

FAQs

• What problem does Rayls solve?
  Rayls solves the challenge of connecting the regulated, private world of traditional finance with the open, liquid world of DeFi. It provides the infrastructure for banks to tokenize assets and operate on-chain while maintaining compliance and privacy.

• Is Rayls a Layer-1 or Layer-2?
  Rayls has a hybrid architecture. The Rayls Public Chain is a permissionless Layer-1 (L1) blockchain, while its institutional-grade Privacy Nodes and Private Networks provide a permissioned environment that interoperates with the L1.

• Who is Rayls for?
  Rayls is designed for a broad audience, including financial institutions, banks, DeFi protocols, developers, and individual users who want to benefit from the convergence of traditional and decentralized finance.

Summary: Why It Matters

Rayls (RLS) is architecting a foundational platform for the future of finance. By building a secure and compliant bridge for institutional capital to flow into the decentralized economy, Rayls has the potential to unlock trillions of dollars in on-chain liquidity. Its focus on solving real-world challenges for major financial players, combined with a robust, deflationary token model, sets it apart as a key project to watch.

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