What is Rayls?

Rayls is a Layer-1 blockchain ecosystem created by Parfin, aimed at facilitating the connection between traditional finance and decentralized finance. The platform features a combination of public chains, private networks, and institutional privacy nodes, designed to support compliant asset tokenization and settlement while ensuring privacy.

The architecture of Rayls allows for the tokenization of real-world assets, central bank digital currencies (CBDCs), and stablecoins, utilizing EVM-compatible technology. It incorporates fixed USD-pegged gas fees, deterministic finality, and mechanisms to safeguard against harmful miner extractable value (MEV). The Rayls Enygma privacy protocol helps maintain confidentiality within the network.