Quick news

Here are some quick news about Rayn.

Feel free to use my referral link to install and register on Rayn.

October 2024

Vancelian

Rayn is being renamed Vancelian! This has been announced during a celebration in Grasse on October 19th with a limited panel of randomly selected Rayners. The official announcement on social networks is done on October 21st.

July 2024

AKTIO staking

The AKTIO staking interests lowers a bit. For ambassadors, it goes from 15% o 10%. This is preparing for a change where 1000 AKTIO staking and the ambassador programis is not the only utility for this token. The system should evolve more towards a more leveled membership, as for airlines miles systems. Wait and see.

Compliancy

Rayn is already registered in PSAN. It is now applying for PSAN agreement. As of today, only Société Générale has this agreement. Obtaining this agreement would help in fast tracking the european MiCA compliancy which is being put in place and should soon be mandatory.

May 2024

🌟 Monday, May 6 is a big day!

@WhiteBit exchange will be listing AKTIO, opening up new opportunities for traders worldwide. 😎

Stay tuned for the official announcement and get ready to trade AKTIO on one of the top exchanges in Europe! 🙏

April 2024

French Tech Scale Up Excellence program

Rayn places innovation at the heart of its ambitions. That’s why we’re extremely proud to announce that we are winners of the La French Tech Scale Up Excellence program.

Many thanks to La French Tech for providing us this exclusive opportunity, where only 50 startups are selected. 🔄💼

This is a chance for us to advance our ambition to rethink savings for everyone.

Rayn is the app that is radically transforming the world of savings by skillfully blending the reliability of traditional finance with the disruptive innovation of AI and blockchain.

The Scale Up Excellence program gives us access to a global network of experts and investors. This opportunity will enable us to accelerate our growth and expand our innovative vision, revolutionizing market standards. 💡💰

We would like to extend our gratitude to French Tech Côte d’Azur, and specifically to Farouk Raïs and Clara Chappaz.

Congratulations also to all the other winners!

Listing on XeggeX

We’re proud to announce that our token, AKTIO, is now listed on XeggeX! 🔥

XeggeX is a cryptocurrency exchange known for specializing in cryptocurrencies with low to medium market capitalizations. They are well-regarded for their very fast transactions and low transaction fees, and have also gained a solid reputation as a preferred exchange among the mining community. ⛏

This new AKTIO/USDC pairing is just the beginning. We will continue to expand the accessibility of AKTIO through strategic initiatives, providing our community with enhanced flexibility and convenience in trading our native token.

Thank you for your trust and support! 🙏

To trade on XeggeX 👇

https://xeggex.com/market/AKTIO_USDC

USDC

From Telegram:

We would like to inform you that our native token AKTIO has new USDC and BTC pairs on multiple exchanges. As you know, we at Rayn are dedicated to swiftly complying with the upcoming MiCA regulations to ensure we’re fully prepared for their launch on June 30, 2024.

Please take note of the following updates to our AKTIO token trading pairs:

-On XT.com, the AKTIO/USDT pair will be delisted on May 3. The AKTIO/USDC pair will then become the only option available. -On Ascendex, we will introduce a new AKTIO/BTC pair, replacing the AKTIO/USDT pair starting May 3. -On Digifinex, the AKTIO/USDT pair will be delisted on May 3 and replaced by the AKTIO/USDC pair. -On Bitmart, the AKTIO/USDT pair will be delisted on May 10 to make way for the AKTIO/USDC pair.

These changes are not just to meet regulatory demands but also to enhance your trading experience.

To learn more about AKTIO and its token economics, visit our website here https://www.rayn.finance/fr/token-economics/.

Once again, thank you for your continued support.

New listing: Biconomy

AKTIO is listed on Biconomy exchange, offering users a seamless trading experience.

https://twitter.com/BiconomyCom/status/1782651322912608651?t=kle8ZcooJEqZ6SdSYns42Q&s=19

big backend upgrade

From the team on telegram:

Congratulations again to the RAYN team on this delivery!

For users, the impact isn’t significant as it’s primarily an overhaul of the app’s wallet/vault management engine. However, it’s the key release that will enable us to develop Rayn’s safes and new products for the future.

Thanks to this delivery, we’ll be able to build new safes based on the new RWA protocol that’s coming soon, see more customisation on the safes and start building launchpad products in the coming months.

More than 4 months of work on this upgrade, well done!

And the TIER2 listings season continues! We’re going to be going full steam ahead until we reach TIER1 - Everything’s going smoothly, just a little longer than expected with the USDT => USDC changeover, but we’ll be listed with AKTIO at the end of the course with a daily trading volume of over 2,000,000 USDC Daily… we’re clearly going to change gear!

Hang on! and keep your Aktios warm!

Impact of halving on the blochain vault

Rayn answered about the impact of the halving on the Blockchain/ Mining vault:

No impact at rayn for now scheduled even after halving

Because we got miner machine at gross price during bear market + hosting and electricity at he best price because we pool with top 10 miner in the world + our machine are mixed between air cooling and hydro so not possible for us to be impacted by the halving only our Marge will be reduce but not the rate on vault.

Only if btc drop below 48k I could have slight impact (and below 33k but in any case it will stay above 12-% )

So you can sleep well we manage :)

also:

Cloud Mining = BTC mining production

to mine BTC you need

1/ Machine 2/ DATA CENTER (Hoster) 3/ Electricity 4/ pool of miner

1/2/3/4/ have a respective cost

BTC Production then is impacted by

5/ Reward per block ( every time the pool complete a block you get X BTC) => Te halving will reduce the reward by block by 2 6/ Difficulty of mining 7/ Transaction revenue (Ordinal + non ordinal)

ROI (Return on investment) = Yield you earn (RAYN)

You need to do an equation including 1/2/3/4/5/6/7 and adding 8/ Price of the bitcoin to get the Return on invesment rate

So the only Hlaving (5) i snot enough to make simple conclusion on the yiled that Blcokchain vault is providing , we have enough to absorb the halving by doing less marge and keep high rate 🚁

Staking program extended

The current AKTIO staking program is extended (for the nth time) to July 13th 2024

  • 5% for Freedom members
  • 15% for World members
  • 20% for Elite members

Staking 1000 AKTIO currently allows to become ambassador, which allows to reduce fees and World membership costs. Ultimately, AKTIO is meant to provide much more utility.

MiCA: towards USDC

USDC will be used as the main central token in Rayn. This goes in the direction of being fully MiCA (Markets in Crypto-Assets european regulation) compliant, as there are doubts around USDT in that aspect.

Rayn confirms here its intention to adhere strictly to european regulations. It aims at being one of the first MiCA compliant institution, which will open the whole europen market and increase trust from newcomers into the project.

Benjamin Messika, Head of Legal & Compliance, ran a live around the upcoming regulation changes (in french): MiCA demystifie.

New listings

Rayn’s token AKTIO is now listed on 3 new big exchanges, allowing more investors to participate in its growth

On this occasion, Gael Itier, CEO and Founder, and Jean-Yves Guillou, Director Europe and co-founder, held a live (in french).

March 2024

No fees on BTC during April

Rayn will not apply any fees on BTC trading during April 2024!

January 2024

Bonus Conditions Update

From the Rayn main telegram channel:

Now, when you join Rayn, you just need to register, order a card, and make your first payment. And boom! 🎉 You unlock an AKTIO bonus, ranging from €10 to €200. This applies to both Welcome and Referral Bonus!

Video - AKTIO Tokenomics analysis

Video following the last ICO devesting in January 2024: https://www.youtube.com/watch?v=Qn0XPFuCF44

Here is the tokenomics doc that was presented.

AMA - Restrospective 2023

An AMA in French happened on the Rayn X account.

Coming back on main topics of 2023, mainly:

  • Blockchain/mining vault
  • French PSAN
  • Deposit and withdraw Cryptos (USDT)
  • Term Vault

Rayn had a turnover of 8M euros in 2023, targeting 25M euros in 2024. This is while many other companies failed due to very hard conditions with heavy bear market and crypto scandals.

They are observing high increases on social media traffic since recent TV ads and presence on various media.

2024 targets:

  • increase revenues
    • increase marketing impact
    • buy-back program on the token
  • increase adoption in europe
    • prepare for MICA 2025
    • FR/IT/EN marketing
  • fund raising of $50M (series A)
    • 10M already promised
    • 3M already agreed from MENA
  • increase token utility and review membership + ambassador status

Strategy on the token

  • revamp the ambassador program to increase the token utility
  • buy back
    • 10% of profit will be dedicated to buying back token. This will increase the buying pressure and thus thus the price
    • financed also bya portion of the fund raising (being discussed)
  • New staking program
  • cashback in AKTIO
    • limiting selling pressure by having those rewards staked
    • staking financed by buy-back
  • new ambassador levels
  • work on the community
  • new listings after fund raising, once the commnunity will be stronger and will be able to be efficient
  • there will be a rebranding of the token, but that’s not major

Product roadmap

  • investment and earning on crypto and classic
  • traditional stock market
  • blockchain vault. Initial 10M reached. Renegociated additional 5M.
    • Rayn is now a very important stakeholder for its hosting partner
    • Oman deployments with very high yield
  • real asset tokenisation
    • vaults based real world asset: real estate, …
  • term vault
  • institutional level research/analysis on app

6 months view:

  • own decentralized protocol based on real world asset
    • vaults on thematic (real estate, socially responsible finance product)
    • IA to build fully custom vault solution, with a choice of themes, and “based on targets”
  • social features:
    • send money to friends
    • shared projects/vaults
    • “cagnotte”
    • IA chat bot
    • internal chat for projects (ski trip, …)
    • starting to think about copy trading

There should be a new AMA in english soon, maybe January.

December 2023

Term vault

December 18th: launch of the Term Vault:

  • deposited money is locked for 1 year
  • 7% APR
  • 10% for Amabassadors until March 18th, 2024. Will be 9% after.
  • interests paid daily!

According to the information in-app, the vault allocation is 60% on Mimo staking and 40% on mining.

Mining vault at 18.3%

🎉 Today on December, 8th, the mining vault interest rate bumped from 17.8% to 18.3%

Deposit with a credit card

🎉 It’s now possible to deposit Euros with a credit card. This is an other way to get funds instantaneoulsy onto your Rayn account.

This comes on top of existing ways to deposit funds:

  • SEPA transfer onto your personal Rayn IBAN
  • deposit of USDT cryptos

In the same app update, we can now use custom pictures for Vaults.

November 2023

Bittrex global closure

Rayn has been relying on Bittrex for a while as its main exchange backend. After Bittrex US closure, Bittrex global will stop operating begining of December.

Rayn will move to Bitmart, awaiting to use a more generic partner: Scrypt.

All cryptos held in app will see no change. If you own cryptos on Bittrex, you must withdraw it (in a hard wallet, on an other exchange, …) before December, 4th. You can contact the Rayn customer support for transferring your Bittrex-held AKTIO coins in-app:

  • 📬 support@rayn.finance
  • 🇫🇷 +33 4 1333 3444
  • 🇮🇪 +353 1 574 7382
  • 🇮🇹 +39 06 4525 6900

Ads

We can now see some Rayn ads on french TV: C8, CNews, BFM. This is very rare for a crypto-based project. It shows the involvement wish to gto to teh next step from the team.

Here is a Twitter/X link with the ad on C8

Waltio video on tax reductions (FR)

Réduire ses impôts en fin d’année ? 💰🧐 4 Astuces Crypto et Hors Crypto