Use Cases
RAYS is a decentralized platform designed to simplify the development, deployment, and discovery of dApps in the DeFi space, with a focus on Real World Asset (RWA) xApps for money markets. The platform offers a user-friendly Protocol Builder xApps that allows developers to create smart contract-based dApps without requiring extensive blockchain knowledge. The xApps Marketplace provides a one-stop-shop for users to discover, invest in, and interact with various RWA-based dApps.
RAYS features four key xApps for the DeFi space:
Eigenlayer Restaking Rebalance
This xApp enables automated restaking and rebalancing of assets on the Eigenlayer network to optimize staking rewards and reduce impermanent loss risk.
Yield Farming Rebalance
This xApp provides automated rebalancing of yield farming portfolios to optimize yields and reduce impermanent loss risk.
Liquid Staking on BNB
This xApp enables liquid staking on the Binance Smart Chain (BSC) network, allowing users to earn staking rewards while maintaining liquidity.
RWA Tokenization
This xApp enables tokenization of real-world assets such as real estate or commodities, providing greater accessibility and liquidity in traditionally illiquid markets, and enabling fractional ownership and new investment opportunities.
RWA-Backed Stablecoins
Rays protocol can be used to build dApps that enable the creation of RWA-backed stablecoins. These stablecoins can leverage the RWA Market to provide more stability and reduce the risk of volatility in the stablecoin market.
RAYS aims to address the complexity of dApp development for developers with limited blockchain experience and streamline the process of discovering, investing, and interacting with dApps for users. The platform targets developers seeking an easy-to-use platform for building and deploying RWA-based dApps, DeFi users looking for a user-friendly marketplace to discover and interact with various RWA-based dApps, and other DeFi projects and protocols that can benefit from integrating with the RAYS Protocol and its ecosystem of RWA-based dApps.
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