Raydius Litepaper
  • Introduction
    • Overview
    • Mission & Vision
    • What is Raydius?
  • Core Concepts
    • Chain Abstraction
    • Raydius SDK
      • Social Login SDK
        • Raydius React SDK
          • Prerequisites
          • Installation
          • Get Your Raydius App ID
          • Set Up Your App with Raydius React SDK
          • Using the useRaydius Hook
          • Wallet Security
          • Setup
          • Advanced Usage with wagmi
          • Example Scenarios
        • Raydius Vue SDK
          • Prerequisites
          • Installation
          • Get Your Raydius App ID
          • Set Up Your App with Raydius Vue SDK
          • Using the useRaydius Hook
          • RaydiusVuePlugin Config
          • Wallet Security
      • User Loyalty Toolkit
      • Analytics Dashboard
    • Raydius Extension Store
    • Raydius Express
  • Technical Architecture
    • Tech Stack Overview
    • Multi-Chain Support
    • Security & Compliance
  • Getting Started
    • Setting Up Your Development Environment
    • Using the Raydius SDK
    • Creating and Managing Extensions
    • Integrating Raydius Express
  • Tokenomics
    • Overview of $RAYS
    • Token Utilities
    • Token Demand and Supply
  • Ecosystem and Community
    • Community Hub
    • Partnerships & Integrations
    • Developer & User Incentives
  • FAQs
    • General Questions
    • Technical Questions
    • Token-Related Questions
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On this page
  • Platform Currency
  • User Incentives (Build to Earn)
  • Staking for Extensions
  • Decentralized Governance
  1. Tokenomics

Token Utilities

$RAYS has multiple use cases within the Raydius ecosystem, each designed to enhance the platform’s functionality and incentivize participation.

Platform Currency

$RAYS is used as the primary currency for transactions within the Raydius ecosystem. Developers use it to access the SDK, publish extensions, and utilize other platform services.

User Incentives (Build to Earn)

Developers who build high-engagement applications can earn $RAYS as a reward, incentivizing the creation of valuable tools and services within the ecosystem.

Staking for Extensions

To launch an extension in the Raydius Extension Store, developers are required to stake $RAYS. This staking mechanism ensures that only serious and committed developers contribute to the ecosystem.

Decentralized Governance

$RAYS holders have the ability to participate in the governance of the Raydius platform. They can vote on proposals, influence platform decisions, and help guide the development of the ecosystem.

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Last updated 9 months ago