Binance has announced that Rayls (RLS) will launch on Alpha on December 1. Rayls is a blockchain platform specially built for banks and financial institutions. To celebrate the launch, Binance Alpha will host an airdrop for eligible traders.
The airdrop is on a first-come, first-served basis for traders holding a threshold of Binance Alpha Points. Eligible traders who apply will spend 15 Alpha Points to claim $RLS. Read on to learn about the Rayls blockchain, the Alpha airdrop, and how to claim $RLS tokens.
Rayls (RLS) Binance Alpha Launch Details
- Project Name: Rayls
- Token Ticker: $RLS
- Airdrop Duration: December 1, 11:00 (UTC)
- Airdrops Rewards: 800 $RLS tokens
- Platform: Binance Alpha
- Eligibility Requirements: 242 Binance Alpha Points (APs)
How To Participate in the $RLS Airdrop Campaign
On December 1 at 11:00 (UTC), Binance Alpha will list Rayls (RLS) on its Launchpad platform. The launch will open the Rayls airdrop portal. Eligible Alpha traders can begin applying for the $RLS airdrop immediately.
The eligibility for the Rayls airdrop is holding at least 242 APs. If you meet the criteria, when the airdrop goes live, open the Alpha Event page. Locate the Rayls airdrop campaign, and click ‘Apply.’ A claim cost of 15 APs will be deducted from your account.
The airdrop is open for 24 hours, and you need to claim your allocated $RLS tokens; otherwise, Binance will consider them forfeited. Additionally, this is a first-come, first-served airdrop campaign; you must apply as soon as $RLS begins trading to have a chance.
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What is Rayls?
Rayls is a special blockchain that is formed as a bridge between traditional banking and new digital money systems (DeFi). It assists financial institutions in moving trillions of dollars and billions of individuals onto safe networks. It does this without institutions losing their privacy and speed.
The goal is simple: make finance easier, faster, and open to everyone while keeping rules and safety first. Rayls combines public chains (open to anybody, such as Ethereum) and private ones (only between banks).
Banks operate their own secure nodes where they conduct secret transactions. They can then move these transactions into the public blockchains they share. This involves intelligent technology such as zero-knowledge proofs (ZK) to obscure the details. It also proves that everything is real and uses homomorphic encryption for private math on data.
With Rayls, banks can move past slow, costly bank wires—think instant global payments. Rayls is also used by banks to digitalize real assets (such as bonds or property) to trade easily. It speeds cross-border money swaps, handles central bank digital currencies (CBDCs), and lets firms tap DeFi tools safely.
Everything stays compliant with laws, scalable for huge volumes, and private. Rayls has already received backing from ParaFi Capital, Framework Ventures, Valor Capital Group, Alexia Ventures, and more. The aim is to help traditional finance move $100 trillion stuck offline and 6 billion users into the future of finance, DeFi.
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