Relay Token Profile (RELAY)
Project Safety Score
Sat, Mar 9, 2024 5:30 AM
| Market Cap | unknown | |
| Market Dominance | unknown | |
| 24hr Volume | $36.57 | |
| Price | $0.2285 |
Relay Token
token
Ethereum
RELAY is a multi cross-chain platform developed to bring BaaS (Bridging as a Service) to help the often fragmented DeFi liquidity space. What is really unique to our bridge is that when a new ecosystem is created, our bridge connects that asset and ecosystem to all the other ones we support. At launch we currently support bridging to Ethereum, BSC, Avalanche, Polygon (Matic), and Heco — with more coming soon. Relay's bridges were first to introduce the bridge gas token faucet to Defi where the bridge itself airdrops the native gas token to new users to reduce friction for people starting out on new chains. Our goal at Relay Chain is simple, ""Have the best and safest bridge"". We will provide value to our token holders by giving them native gas tokens for providing liquidity instead of our native project token (RELAY). By doing this we eliminate all sell pressure to Relay and we can give the highest APY's to Relay Liquidity Providers. This allows us to have a token that provides value, and it's deflationary (via buyback and burns) which is doing with a portion of the gas token profits from bridge transactional volume. The brings the positive feedback loops and true ecosystem synergy into the Relay Chain ecosystem where all partners provide utility to the end users of our platform.
Read more in the whitepaper:- team not submitted
- Metis Ecosystem
- Polygon Ecosystem
- Arbitrum Ecosystem
- Ethereum Ecosystem
- Avalanche Ecosystem
- Bnb Chain Ecosystem
- Moonriver Ecosystem
- Ethereum
- Ethereum
- no features
- exchanges not submitted
/5
No reviews
Be the first to leave a review75%
Profile Status
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- exchanges
- project team
- bitcointalk thread
- tradingview profile
Member Signals
/5
( reviews)Relay Token Reddit
Relay Token Github
Relay Token Twitter
Relay Token News
-
How to Buy Polkadot: A Step-by-Step Guide
Thu, Jul 6, 2023 9:59 AM...
read more... -
Twitter Awarded Three State Money Transmitter Licenses
Thu, Jul 6, 2023 2:59 AM...
read more... -
Threads Is Live, as Meta Launches Its Twitter Rival Early
Wed, Jul 5, 2023 11:59 PM...
read more... -
HSBC trialing quantum-safe financial transaction network in the UK
Wed, Jul 5, 2023 6:59 PM...
read more... -
Crypto user moves $160M in Bitcoin from Luna Foundation Guard wallet: Report
Wed, Jul 5, 2023 6:59 PM...
read more...
No one is talking about Relay Token be the first to start the conversation.
Do you think Relay Token is a scam project which will disappear in a rug pull in the next few months or do you think Relay Token is here to stay?
And more importantly let us know your experience and warn others if you have noticed something suspicious.