zaoto

Community Moderator | Web3 explorer | Airdrop farming | yapper

[zaoto @zaoto_]

There is maximum 10b rls supply some burn and remains less rls over time..

Initial token allocation.

Community and ecosystem 50%
Initial investors 22%
Initial contributors 17
Technology provider 11%

[zaoto @zaoto_]

Rayls $RLS utlity, tokenomics and burns

Start with rayls token. RLS is the native token of rayls ecosystem.

Currently it's used for the staking and rewards token. That existing on the rayls public chain.

RLS is not used for gas token. It is USDr.

[zaoto @zaoto_]

Rayls says validators must stake the share of receive rls as their transaction fees.

RLS > stake> secure network> earn rls reward.

How they burn other 50%. Here is the answer. 50% rls to Ethereum via layer zero from there to burn address, accumalates and periodic batch burn.

[zaoto @zaoto_]

@SpringX_Finance I'm in. Let's see

[zaoto @zaoto_]

@mirageprivacy Mirage Vs other privacy system.

Traditional privacy pool
User - Shared Pool - Recipient
Mirage:
User - Unique Escrow
Nomad - Recipient

[zaoto @zaoto_]

Why stablecoim need privacy.

In the Blockchain all the transaction are public anyone can see the details of transaction. If the normal user is it ok but it comes to business, developers, dao etc is not good for them. it would be private it better.. @mirageprivacy

[zaoto @zaoto_]

@mirageprivacy A real world Mirage use case.

For individual: Someone could send stablecoins without exposing their complete financial relationship to the recipient or public observers.

For business: Payroll, contractor payment, supplier payment, treasury transfer..

Etc..

[zaoto @zaoto_]

Mirage Vs other privacy system.

Traditional privacy pool
User - Shared Pool - Recipient
Mirage:
User - Unique Escrow
Nomad - Recipient

[zaoto @zaoto_]

A real world Mirage use case.

For individual: Someone could send stablecoins without exposing their complete financial relationship to the recipient or public observers.

For business: Payroll, contractor payment, supplier payment, treasury transfer..

Etc..

[zaoto @zaoto_]

@voicecc @Deestar @bigchog Ronaldo

[zaoto @zaoto_]

What's the situation of voice now

Voice