Rayls announces token economics: total supply of 10 billion, TGE release of 15%, 50% of transaction fees directly burned.

[Block Rhythm] Compliance Blockchain Ecosystem Rayls publicly released their Token economic model on December 1.

The total supply of RLS Tokens is fixed at 10 billion, and this design supports the project's gradual transition from a private network to a public chain, ultimately achieving comprehensive inter-institutional interconnected settlement. The first Token Generation Event (TGE) will release 1.5 billion tokens, accounting for 15% of the total supply.

In terms of allocation: investors receive 22%, early developers 11%, and the core team 17%. It is worth noting that the foundation's treasury and the community account for the largest share - 35%.

Regarding the sustainability of token economics, Rayls clearly stated that they will not engage in off-exchange buybacks. They have designed an automatic deflationary mechanism: half of the transaction fees generated from each transaction on the network are directly burned, while the other half goes into the foundation's community incentive wallet to support validation nodes, developers, and the construction of the entire ecosystem.

To add some background: Rayls has been listed on Coinbase's coin listing roadmap, with the TGE scheduled to launch on December 1.