iExec documentation

Appearance

ChatGPT Ask in ChatGPT
RLC Token Animation

RLC Token

The native cryptocurrency that powers the entire iExec decentralized confidential computing ecosystem

RLC (Run on Lots of Computers) serves as the primary medium of exchange for all interactions within the protocol, enabling users to access confidential computing services and rewarding providers for their contributions.

🎯 What RLC Enables ​

RLC is essential for interacting with the iExec protocol and accessing its decentralized confidential computing services:

💰 Transparent Payment Flow ​

When you pay for a task execution with RLC, your payment is automatically and transparently distributed to all iExec protocol participants:

🔍 How Your RLC Payment is Distributed

1. App Provider - Gets paid for providing the confidential application

2. Protected Data Provider - Gets paid for providing access to protected datasets

3. Worker - Gets paid for running the confidential computation on their decentralized machine

💡 Transparent: Payments are distributed based on orders defined by each provider (iApp, Protected Data, Worker) with their specific pricing and conditions.

💰 Tokenomics ​

RLC operates on a utility-driven economic model where demand for confidential computing services drives token value:

Fixed Supply: RLC has a maximum supply of 87 million tokens, ensuring scarcity and value preservation.

Network Effects: As more users and providers join the iExec ecosystem, the demand for RLC increases, driving token value through network effects.

RLC Token Economics Dashboard

📊 View live RLC analytics on Dune Dashboard

🌐 RLC Across Networks ​

RLC is available on multiple blockchain networks to serve different use cases:

⟠

Ethereum Mainnet

  • •Original ERC-20 RLC token
  • •DeFi integrations available
  • •High liquidity markets
⚡

Bellecour Sidechain

  • •xRLC native asset
  • •Gasless blockchain
🔷

Arbitrum

  • •Layer 2 scaling solution
  • •DeFi integrations available
  • •Reduced transaction costs
  • •Ethereum ecosystem access

🔄 Getting RLC ​

You can acquire RLC tokens through several methods:

🏪

Centralized Exchanges

🌊

Decentralized Exchanges

🌉

Cross-Chain Bridging

  • •Bellecour Bridge
  • •Stargate Bridge (Arbitrum)
💎

Earn RLC

  • •Develop confidential apps
  • •Monetize protected datasets
  • •Become a compute provider

🚀 Ready to get started? ​

Ready to dive into the iExec ecosystem? Here are the next steps: