Raini Studios Token (RST) is a cryptocurrency integral to the Rainiverse ecosystem. It is a Layer Zero-compatible token operating on Beam, an AVAX Subnet built by Merit Circle.
RST operates on Avalanche and Ethereum with cross-chain compatibility, leveraging smart contracts for various interactions within the Rainiverse ecosystem. It uses LayerZero technology for its cross-chain bridge, but specific algorithms are not mentioned.
RST can be used in web3 gaming for transactions, staking and liquidity pools to earn rewards, and cross-chain transactions. It is also utilised in the gaming and DeFi industries, with notable partnerships enhancing its application and reach.
RST was introduced by consolidating previous tokens into a single token. It is part of the Rainiverse ecosystem, gaining significance through cross-chain compatibility and market presence. Major milestones include its acquisition by Raini Studios and its listing on various exchanges.