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RELAY is a multi cross-chain platform developed to bring BaaS (Bridging as a Service) to help the often fragmented DeFi liquidity space. What is really unique to our bridge is that when a new ecosystem is created, our bridge connects that asset and ecosystem to all the other ones we support. At launch we currently support bridging to Ethereum, BSC, Avalanche, Polygon (Matic), and Heco — with more coming soon. Relay's bridges were first to introduce the bridge gas token faucet to Defi where the bridge itself airdrops the native gas token to new users to reduce friction for people starting out on new chains.Our goal at Relay Chain is simple, ""Have the best and safest bridge"". We will provide value to our token holders by giving them native gas tokens for providing liquidity instead of our native project token (RELAY). By doing this we eliminate all sell pressure to Relay and we can give the highest APY's to Relay Liquidity Providers. This allows us to have a token that provides value, and it's deflationary (via buyback and burns) which is doing with a portion of the gas token profits from bridge transactional volume. The brings the positive feedback loops and true ecosystem synergy into the Relay Chain ecosystem where all partners provide utility to the end users of our platform.

Relay Token (RELAY) is a cryptocurrency launched in 2021. RELAY has a current supply of 8.82M with 0 in circulation. The last known price of RELAY is 0.052976424581 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://www.relaychain.com/.

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RELAY Price Statistics
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Updated Jun 19, 2024 5:39 pm
Relay Token
Mkt Cap $0
There's nothing here for now
Ether Price Rises Following SEC's Decision Not to Enforce Action Against Consensys
Ether Price Rises Following SEC's Decision Not to Enforce Action Against Consensys
According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into technology incubator company, Consensys, and has decided not to recommend any enforcement action against it. This news led to a rise in the price of ether. Consensys, known for products like the MetaMask wallet, received two letters from the SEC confirming the end of the investigation. The SEC stated that it was 'closing its investigation into Ethereum 2.0.' The letters, titled 'Re: In the Matter of Ethereum 2.0 (C-08950),' did not explicitly mention the blockchain associated with the second-largest cryptocurrency by market capitalization. One of the letters read, 'We have concluded the investigation in the above-referenced matter. Based on the information we have as of this date, we do not intend to recommend an enforcement action by the Commission against your client, Consensys Software Inc.' However, the SEC clarified that the conclusion of an investigation does not mean there will never be an enforcement action. The Commission may advise a person under inquiry that its formal investigation has been terminated, but this does not indicate that the party has been exonerated or that no action may ultimately result from the staff’s investigation of that particular matter. A second letter from the SEC reiterated the conclusion of the investigation and disagreed with any factual statements or legal conclusions expressed by Consensys' own attorneys in a letter sent to the regulator asking about ETH's status as a security given the SEC's approval of certain spot ether exchange-traded fund application filings. Consensys had previously sued the SEC in April, alleging that the regulator was investigating whether Ethereum, post-merge, might be a security. Following the SEC's decision, ether's price rose by as much as 2.6%, according to data from TradingView. It has increased around 3% over the last 24 hours, as per data from CoinGecko. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, has added 1.2%.
Jun 19, 2024 5:24 pm

Frequently Asked Questions

  • What is the all-time high price of Relay Token (RELAY)?

    The all-time high of RELAY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Relay Token (RELAY) is 0. The current price of RELAY is down 0% from its all-time high.

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  • How much Relay Token (RELAY) is there in circulation?

    As of , there is currently 0 RELAY in circulation. RELAY has a maximum supply of 0.

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  • What is the market cap of Relay Token (RELAY)?

    The current market cap of RELAY is 0. It is calculated by multiplying the current supply of RELAY by its real-time market price of 0.052976424581.

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  • What is the all-time low price of Relay Token (RELAY)?

    The all-time low of RELAY was 0 , from which the coin is now up 0%. The all-time low price of Relay Token (RELAY) is 0. The current price of RELAY is up 0% from its all-time low.

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  • Is Relay Token (RELAY) a good investment?

    Relay Token (RELAY) has a market capitalization of $0 and is ranked #6174 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Relay Token (RELAY) price trends and patterns to find the best time to purchase RELAY.

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