๐ฃ๐๐ฅ๐๐๐ก ๐๐ซ๐ง๐๐ก๐๐ฆ $๐ฅ๐๐ฆ ๐๐ข๐๐-๐จ๐ฃ
Parfin, the core developer of Rayls, has committed to extending the lock-up of its entire $RLS allocation by an additional year
Representing approximately 11% of the total $RLS supply, this commitment reflects Parfinโs long-term conviction in the network and its continued focus on building institutional blockchain infrastructure on Rayls
As part of this commitment, the allocation will also be migrated from Ethereum to the Rayls blockchain and secured in an onchain smart contract lock
The migration and deployment of the lock are expected to be completed next week
The lock will remain in place until December 2027, with vesting scheduled to begin thereafter
More announcements to follow soon, stay tuned ๐
13July 31, 2026 775 2
