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Rayls Unveils RLS Tokenomics with Fixed 10 Billion Supply and Fee Burn Mechanism

Rayls details its fixed-supply RLS token model with a 50% transaction fee burn and Coinbase listing roadmap inclusion to boost ecosystem visibility.

Summary

Rayls announced its RLS tokenomics on December 1, confirming a fixed supply of 10 billion tokens. At the Token Generation Event (TGE), 15% of the total supply will be allocated immediately. The network will burn 50% of transaction fee income, with the remaining 50% directed to community incentives. In addition, Coinbase has added Rayls to its listing roadmap, marking a significant step toward broader market accessibility.

Terms & Concepts
  • EVM (Ethereum Virtual Machine) blockchain: A blockchain compatible with Ethereum’s Virtual Machine, enabling smart contracts (self-executing blockchain code) to run in the same way as on Ethereum.
  • Tokenomics: The economic model and distribution design of a cryptocurrency, including supply, allocation, and mechanisms like burns or incentives.
  • Fee burn: A process where a portion of transaction fees is permanently removed from circulation to reduce supply.