Rayon (RAY)

Rayon brings together borrowers and lenders through smart contracts to realize on-demand lending

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What is Rayon

Users will be rewarded with Rayon Point tokens for successfully performing certain actions which benefit the overall ecosystem such as providing or syncing their personal data. Such actions on a cumulative basis will form the basis of a user’s reputational score within Rayon.

These user reward Rayon Point tokens will come from an inflation pool that will be paid out in a scheme that provides more tokens for early participation and high reputation scores.

Rayon Point tokens can be converted into main Rayon tokens.

Users will also be rewarded with Rayon Coin tokens when Rayon lenders acquire their personal data after users provide their consent.

The blockchain public ledger will provide full transparency to users (borrowers) with regards to the use of their personal data within the Rayon ecosystem.

The FINDA team will develop DApp (FINDA App) for Rayon.