|
| 1 | +--- |
| 2 | +title: RLC Token |
| 3 | +description: |
| 4 | + The RLC token is the native cryptocurrency that powers the iExec decentralized |
| 5 | + computing ecosystem |
| 6 | +--- |
| 7 | + |
| 8 | +<div class="flex flex-col items-center mb-8"> |
| 9 | + <img :src="rlcGif" alt="RLC Token Animation" class="w-100 h-100 mb-4" /> |
| 10 | + <h1 class="text-3xl font-bold text-center mb-2">RLC Token</h1> |
| 11 | + <p class="text-lg text-center text-gray-600 max-w-2xl">The native cryptocurrency that powers the entire iExec decentralized confidential computing ecosystem</p> |
| 12 | +</div> |
| 13 | + |
| 14 | +**RLC** (Run on Lots of Computers) serves as the primary medium of exchange for |
| 15 | +all interactions within the protocol, enabling users to access confidential |
| 16 | +computing services and rewarding providers for their contributions. |
| 17 | + |
| 18 | +## 🎯 What RLC Enables |
| 19 | + |
| 20 | +RLC is essential for interacting with the iExec protocol and accessing its |
| 21 | +decentralized confidential computing services: |
| 22 | + |
| 23 | +### 💰 Transparent Payment Flow |
| 24 | + |
| 25 | +When you pay for a task execution with RLC, your payment is automatically and |
| 26 | +transparently distributed to all iExec protocol participants: |
| 27 | + |
| 28 | +<div class="bg-gradient-to-r from-blue-50 to-blue-100 dark:from-blue-900/20 dark:to-blue-800/20 rounded-lg p-6 border border-blue-200 dark:border-blue-700 my-6"> |
| 29 | + <h4 class="text-lg font-semibold text-blue-800 dark:text-blue-200 mb-4">🔍 How Your RLC Payment is Distributed</h4> |
| 30 | + |
| 31 | + **1. App Provider** - Gets paid for providing the confidential application |
| 32 | + |
| 33 | + **2. Protected Data Provider** - Gets paid for providing access to protected datasets |
| 34 | + |
| 35 | + **3. Worker** - Gets paid for running the confidential computation on their decentralized machine |
| 36 | + |
| 37 | +</div> |
| 38 | + |
| 39 | +**💡 Transparent:** Payments are distributed based on orders defined by each |
| 40 | +provider (iApp, Protected Data, Worker) with their specific pricing and |
| 41 | +conditions. |
| 42 | + |
| 43 | +## 💰 Tokenomics |
| 44 | + |
| 45 | +RLC operates on a utility-driven economic model where demand for confidential |
| 46 | +computing services drives token value: |
| 47 | + |
| 48 | +**Fixed Supply**: RLC has a maximum supply of 87 million tokens, ensuring |
| 49 | +scarcity and value preservation. |
| 50 | + |
| 51 | +**Deflationary Mechanism**: A portion of transaction fees is burned, reducing |
| 52 | +the total supply over time and creating deflationary pressure. |
| 53 | + |
| 54 | +**Staking Rewards**: Compute providers can stake RLC to earn additional rewards, |
| 55 | +incentivizing network participation and security. |
| 56 | + |
| 57 | +**Network Effects**: As more users and providers join the iExec ecosystem, the |
| 58 | +demand for RLC increases, driving token value through network effects. |
| 59 | + |
| 60 | +<div class="mt-8"> |
| 61 | + <ImageViewer |
| 62 | + :image-url-dark="duneDashboard" |
| 63 | + image-alt="RLC Token Economics Dashboard" |
| 64 | + link-url="https://dune.com/datawarlock/arbitrum-economics" |
| 65 | + class="rounded-lg shadow-lg" |
| 66 | + /> |
| 67 | + <p class="text-center text-sm text-gray-600 mt-2"> |
| 68 | + 📊 <a href="https://dune.com/datawarlock/arbitrum-economics" target="_blank" rel="noopener noreferrer" class="text-blue-600 hover:text-blue-800">View live RLC analytics on Dune Dashboard</a> |
| 69 | + </p> |
| 70 | +</div> |
| 71 | + |
| 72 | +## 🌐 RLC Across Networks |
| 73 | + |
| 74 | +RLC is available on multiple blockchain networks to serve different use cases: |
| 75 | + |
| 76 | +<div class="grid grid-cols-1 md:grid-cols-2 gap-6 my-8"> |
| 77 | + <FeatureGridCard |
| 78 | + title="Ethereum Mainnet" |
| 79 | + icon="⟠" |
| 80 | + color="gray" |
| 81 | + :features="[ |
| 82 | + 'Original ERC-20 RLC token', |
| 83 | + 'DeFi integrations available', |
| 84 | + 'High liquidity markets' |
| 85 | + ]" |
| 86 | + /> |
| 87 | + |
| 88 | + <FeatureGridCard |
| 89 | + title="Bellecour Sidechain" |
| 90 | + icon="⚡" |
| 91 | + color="yellow" |
| 92 | + :features="[ |
| 93 | + 'xRLC native asset', |
| 94 | + 'Gasless blockchain', |
| 95 | + ]" |
| 96 | + /> |
| 97 | + |
| 98 | + <FeatureGridCard |
| 99 | + title="Arbitrum" |
| 100 | + icon="🔷" |
| 101 | + color="blue" |
| 102 | + :features="[ |
| 103 | + 'Layer 2 scaling solution', |
| 104 | + 'Reduced transaction costs', |
| 105 | + 'Ethereum ecosystem access', |
| 106 | + 'Growing DeFi opportunities' |
| 107 | + ]" |
| 108 | + /> |
| 109 | +</div> |
| 110 | + |
| 111 | +## 🔄 Getting RLC |
| 112 | + |
| 113 | +You can acquire RLC tokens through several methods: |
| 114 | + |
| 115 | +<div class="grid grid-cols-1 md:grid-cols-2 gap-6 my-8"> |
| 116 | + <FeatureGridCard |
| 117 | + title="Exchanges" |
| 118 | + icon="🏪" |
| 119 | + color="indigo" |
| 120 | + :features="[ |
| 121 | + 'Centralized exchanges (CEX)', |
| 122 | + 'Decentralized exchanges (DEX)', |
| 123 | + 'High liquidity markets' |
| 124 | + ]" |
| 125 | + /> |
| 126 | + |
| 127 | + <FeatureGridCard |
| 128 | + title="Cross-Chain Bridging" |
| 129 | + icon="🌉" |
| 130 | + color="teal" |
| 131 | + :features="[ |
| 132 | + 'Bellecour Bridge', |
| 133 | + 'Stargate Bridge (Arbitrum)', |
| 134 | + ]" |
| 135 | + /> |
| 136 | + |
| 137 | + <FeatureGridCard |
| 138 | + title="Earn RLC" |
| 139 | + icon="💎" |
| 140 | + color="pink" |
| 141 | + :features="[ |
| 142 | + 'Develop confidential apps', |
| 143 | + 'Monetize protected datasets', |
| 144 | + 'Become a compute provider', |
| 145 | + ]" |
| 146 | + /> |
| 147 | +</div> |
| 148 | + |
| 149 | +## 🚀 Ready to get started? |
| 150 | + |
| 151 | +Ready to dive into the iExec ecosystem? Here are the next steps: |
| 152 | + |
| 153 | +- **[Bridge RLC](./tooling-and-explorers/bridge.md)** - Transfer RLC between |
| 154 | + networks |
| 155 | +- **[Start Using iExec](./quick-start.md)** - Begin your confidential computing |
| 156 | + journey |
| 157 | +- **[Earn RLC](../manage-data/dataProtector/getting-started.md)** - Become a |
| 158 | + provider and monetize your resources |
| 159 | + |
| 160 | +<script setup> |
| 161 | +import ImageViewer from '../components/ImageViewer.vue'; |
| 162 | +import FeatureGridCard from '../components/FeatureGridCard.vue'; |
| 163 | + |
| 164 | +// Assets |
| 165 | +import rlcGif from '../assets/rlc/rlc.gif'; |
| 166 | +import duneDashboard from '../assets/rlc/dune-dashboard.png'; |
| 167 | +</script> |
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