Relayd is a load-balancer for OpenBSD that serves various functions including reverse proxy, SSL acceleration, and traffic filtering, designed with security in mind. The software comprises a parent process and three engines: the host check engine, the packet filter engine, and the relay engine, each responsible for specific tasks such as host verification and packet relaying. Relayctl is used to control and monitor relayd configurations, providing real-time information about sessions and host statuses.