Rails (RLS) burns an additional 10 million tokens; staking surpasses 267 million tokens

Rayls burned over 10 million RLS tokens on October 31, bringing cumulative burns to 68.6 million RLS, while staked RLS surpassed 267 million tokens—more than double the level from early September. The burn permanently removes tokens from total supply, and the staking surge locks up a growing share of circulating tokens in network operations and security. The project has also extended unlock schedules for investors and the team, combined with a lockup from developer Parfin, further restricting sell-side supply. The moves signal an accelerating supply-reduction strategy for the privacy-focused interoperability protocol. Watch for the next burn announcement and whether staking growth continues at its current pace.