The Rayls USDr liquidity seeding program

Rayls is launching its Mainnet USDr initial Liquidity Seeding program, providing early supporters the opportunity to lock up $USDC to mint $USDr and receive $RLS as part of the Public Chain launch on April 30th. By participating, you provide the foundational liquidity for the network while securing your participation in the ecosystem.

USDr is the Rayls Public Chain gas fee token (USD stablecoin) and it’s required for generating transactions in the Rayls Public Chain.

How the seeding event works

To participate, visit the seeding portal at seeding.rayls.com:

1. Deposit $USDC on Ethereum: Lock your $USDC into the secure seeding contract to begin the process.
2. Mint $USDr 1:1: You will receive an equivalent balance of $USDr on the Rayls Public Chain (once the chain launches on the 30th of April) , which can be used as gas fee for transactions.
3. Earn $RLS rewards: As long as your $USDC remains locked, you earn $RLS tokens, the governance and utility backbone of Rayls.
4. Redeem for $USDC: Once the seeding period ends, you can unlock your $USDC by locking USDr. Any USDr balance you have on the Rayls Public Chain is redeemable 1:1 for your original $USDC.

Introducing $USDr: The native gas stablecoin

$USDr is the native gas token of the Rayls Public Chain, designed to eliminate the volatility of blockchain interactions. By using a USD stablecoin as gas, Rayls provides predictable, dollarized fees, ensuring that transaction costs remain transparent and stable regardless of market conditions.

Early supporter incentives

We are rewarding the first wave of "seeders" with the highest bonus yield of $RLS. The event is capped at a Total Value Locked (TVL) of $1,000,000, and rewards decrease every week.

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With a maximum deposit of $100,000 per account, we are ensuring that $RLS is distributed fairly among our community members, rather than being concentrated in a few hands.

Why Rayls?

Rayls is the blockchain bringing finance onchain, focussed on  privacy, compliance, and scalability without sacrificing the permissionless nature of DeFi. By participating in this seeding event, you are helping us carry the next $100 trillion of global liquidity.

Get ready to seed

To participate, go to seeding.rayls.com and ensure you have $USDC on Ethereum.

The program is capped at $1,000,000 TVL and is only eligible for those outside of the US.

Rewards are highest for the earliest participants, so prepare early to maximize your $RLS allocation.


Disclosure: This is not an investment product or financial promotion. Participation involves technical interaction with blockchain systems and carries risk, including loss of funds.

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