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About Rayls
RLS is the native utility and governance token of Rayls, an institutional-grade EVM-compatible Layer-1 and Layer-2 blockchain ecosystem developed by Parfin. Designed to bridge traditional finance (TradFi) and decentralized finance (DeFi), Rayls provides a hybrid infrastructure consisting of private subnets for regulated institutions and a public chain for DeFi liquidity. The RLS token is an ERC-20 asset with a fixed supply of 10 billion, used for USD-pegged gas fees to ensure cost predictability for enterprises, as well as for secure cross-border settlements and intra-institution payments. The network utilizes the Rayls Enygma privacy protocol to maintain confidentiality for banks and asset managers while enabling the tokenization of real-world assets (RWAs) and the management of CBDCs.
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