RLS RAYLS Project Research (One Picture Flow Overview)
Binance December 1 Alpha

This is a blockchain system consisting of Ethereum L2 public chain + privacy nodes, with the vision of thoroughly connecting traditional financial institutions like banks and funds with on-chain finance.

📑 Project Features:
🔸 All accounts on the Ethereum L2 public chain must undergo KYC certification.
🔸 Financial institutions can run privacy nodes to build a private network, completely confidential, inaccessible from the outside.
🔸 Seamless connection between public chain and private network (tokenized assets in the private network can be transferred to the public chain for distribution; DeFi protocols on the public chain can be used by the private network).

💰 Token Economics:
🔸 Treasury/Community Allocation: 35%
🔸 Investors: 22%, 4-year vesting period
🔸 Core Team: 17%, 4-year vesting period
🔸 Initial Developers: 11%, 4-year vesting period
🔸 TGE Supply: 15%
Total token supply is 10 billion, with the initial circulation officially stated as 1.5 billion, but reported to CMC as 1 billion.

💹 Project Economic Model:
🔸 The public chain charges gas fees (fees linked to the US dollar)
🔸 The private network charges transaction fees based on usage
🔸 50% of project tokens are burned, and 50% are allocated to the validation pool

💷 User Revenue Sources:
🔸 Tokens staked to validators to earn rewards

💲 Financing Situation:
🔸 2024-8-15 financing of 10 million USD can be verified
🔸 2023-1-17 financing of 15 million USD can be verified

⚠️ Points to Note:
🔸 The initial circulation is officially stated as 1.5 billion, but reported to CMC as 1 billion
🔸 Currently, there are few listed exchanges, and no Binance contract announcement has been seen, which limits liquidity.
🔸 Coinbase has included RAYLS in the coin listing roadmap, but the timeline is unknown.

#BinanceAlpha #Rayls