Rayls Sets April 30 Launch for Public Mainnet, Staking and USDr Stablecoin

According to the project’s official announcement, Rayls will launch its public mainnet on April 30 with staking, USDr, fee-driven RLS buybacks, token burns, and validator rewards.

Summary

According to the project’s official announcement, Rayls Public Chain will launch its mainnet at 23:00 Beijing time on April 30 together with a staking program and its native stablecoin, USDr. The project says network fees will be used for RLS buybacks, with 50% of tokens acquired through that mechanism burned and the remainder allocated to validator rewards. Rayls also states that the foundation will begin burning 10% of its monthly unlocked tokens starting in April 2026, adding a new scheduled supply-reduction component to the token model.

Terms & Concepts
  • staking: A blockchain mechanism that lets users lock tokens to help secure a network and receive rewards in return.
  • stablecoin: A cryptocurrency designed to maintain a stable value, often by tracking a fiat currency such as the U.S. dollar.
  • token burn: A supply-reduction process in which tokens or fee revenue are permanently removed from circulation.