Rayls announces tokenomics: total supply of 10 billion tokens, 15% of the token supply will be allocated at TGE.

According to Deep Tide TechFlow news, on December 1, Rayls announced its tokenomics, with a fixed total supply of 10 billion RLS tokens. The allocation plan supports a phased promotion from private networks to public chains and then to fully interconnected institutional settlement. The TGE will allocate 15% of the token supply, which is 1.5 billion tokens, with investors receiving 22%, early developers 11%, core team 17%, and the foundation treasury and community receiving 35%. Rayls stated that there will be no over-the-counter buybacks, and every transaction on the network will trigger automatic destruction, with 50% of the fee revenue being immediately destroyed, and the other 50% being used for the Rayls Foundation community incentive wallet to support validators, builders, and ecosystem development. According to previous news, Rayls has been added to the listing roadmap by Coinbase and is scheduled to conduct its TGE on December 1.