COINOTAG News reports that Rayls, a compliance-focused blockchain ecosystem, unveiled its tokenomics for the RLS token. The total supply is 10 billion, with a TGE of 15% (1.5 billion). Distribution targets investors 22%, early developers 11%, core team 17%, and foundation treasury plus community 35%, enabling phased promotion from a private network to a public chain and toward institutional settlement.
Rayls implements a burn mechanism with no off-chain buybacks; every on-chain transaction burns tokens. Fifty percent of fee revenue is burned immediately, while the remaining half funds the Rayls Foundation Community Incentive Wallet to support validators, builders, and ecosystem development.
Earlier coverage noted Rayls as added to Coinbase’s listing roadmap, with the TGE date of December 1 already announced, underscoring progress toward institutional adoption.