RaysX

The RaysX Protocol is engineered as a holistic toolkit for the development of DeFi applications, concentrating on trading and augmenting revenue through off-chain applications. Standing at the forefront of DeFi innovation, RaysX addresses the complexities and accessibility challenges inherent in the sector. It offers a transformative framework to convert traditional applications into decentralized ones (dApps).

This whitepaper intricately outlines the RaysX Protocol's architecture, functionality, and key elements, encompassing the roles of developers, investors, administrators, the utilization of RAX tokens, and the integrated security mechanisms. It defines three critical roles within the protocol: Administrator, Investor, and Developer, interlinked via RAX token incentives and a slashing system, as further detailed in the Quorum contract.