BYAS

BYAS is Balanced Yield Autonomous Savings. It's a decentralized automatic savings token that pays a yield directly in your Web3 wallet. 

But it's not just another "fee" token. 

It is the BYAS ecosystem token upon which several dapps will be built. All of these dapps will require BYAS to run them. You can't interact with the smart contracts on BYAS projects unless you hold a minimum amount of BYAS. 

The first project under the BYAS umbrella of dapps is DXO. DXO is the first "un-stable coin" that can only be created by burning Bitcoin and other deflationary coins. The value of Bitcoin is burned...forever...and that value is used to create an exact amount of DXO. $100 in BTC produce 100 DXO. The dollar value of DXO changes constantly. It is not a pegged token. So the dollar value of DXO could be higer or lower than the value of what you burned. This creates trading opportunities around DXO.  You need at least 100,000 BYAS and the requisite amount of Bitcoin or BNB to create DXO. 

BYAS has a 3% fee on every buy and sell. 

1% goes to holders

1% gets burned

1% goes to charity

The devs take 0%. Nothing. 

BYAS has been in project production since November 2020 and was released on January 5th 2023.