$RLS
BENEFITS & FUNCTIONS OF RLS (Rayls)
1. As Gas Fee / Transaction Cost
RLS is used as a transaction cost on the Rayls network.
All on-chain activities such as:
asset transfers
executing smart contracts
tokenization of RWA all use RLS.
2. Staking & Network Security
RLS can be used for:
staking
becoming a validator
maintaining the security of the Rayls network
The more RLS that is staked → the stronger the network.
3. Governance (Project Voting Rights)
RLS owners can participate in voting for:
ecosystem development
technical updates
distribution of incentives
roadmap direction
Thus, RLS gives power of “voice” in the community.
4. Utility in the Rayls Ecosystem
Rayls is designed to connect traditional banking & finance (TradFi) to the blockchain.
RLS is used for various services:
tokenization of real assets (RWA)
financial settlements between institutions
transaction verification
smart contracts for institutions
This gives RLS real utility in the financial sector.
5. Burn Mechanism (Deflation)
A portion of the transaction fees is burned.
This means the supply of tokens gradually decreases → potential to support long-term pricing.
6. Developer & Ecosystem Incentives
Projects building on Rayls can obtain:
rewards in RLS
research funding
liquidity support
This fosters an ecosystem of applications.
7. Liquidity Media & Internal Payments
RLS is also used as:
a means of internal payment on the platform
rewards for active users
liquidity incentives (LP)
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