LYO Credit (LYO) is a utility token that is quickly gaining popularity in the digital world. It is an BEP-20 token built on the BNB Chain blockchain, and its unique features make it a powerful tool for asset transactions.
So, where can you buy LYO Credit? The answer is simple: you can purchase it on several popular cryptocurrency exchanges, including Coinstore, Lbank, Coinsbit, BitForex, HitBTC, LYOTRADE, and Bitmart. These exchanges make it easy to buy and trade LYO Credit with other cryptocurrencies, such as Tether (USDT).
However, the real value of LYO Credit lies in its usability. Unlike some cryptocurrencies that are purely speculative assets, LYO Credit is designed to have real-world applications. It can be used for peer-to-peer transactions, making it a viable alternative to traditional payment methods like credit cards or PayPal.
One of the main advantages of LYO Credit is its fast transaction speed. Transactions can be completed in just a few seconds, compared to the several minutes or even hours it can take for traditional payment methods to process. LYO Credit also has a low transaction fee, making it an attractive option for small transactions that may not be cost-effective with traditional payment methods. The fee is typically only a fraction of a cent, making it affordable for almost any transaction size.
LYO Credit has a built-in deflationary mechanism that helps support its value growth. It applies a burning strategy to reduce the overall supply of LYO Credit in circulation. This mechanism creates a natural scarcity of LYO Credit, which can drive up its value over time.
LYO Token Audit
The LYOPAY native token, LYO Credit Token (LYO), received a 98% rating in a smart contract audit performed by the Zokyo blockchain team on March 11, 2022.
Zokyo is an end-to-end encrypted security company notable for its devoted cybersecurity team. It provides distinguishable security auditing and penetration testing services to blockchain-based projects, effectively protecting them from hackers. Zokyo secures and funds crypto, DeFi, and NFT companies.
In detail, the Zokyo team performed the audit step-by-step to analyze security and correctness of the LYO smart contract codebase. Notably, during the audit, no critical or medium-level issues were discovered. LYO Credit scored a testable code of 98%, which is higher than the 95% industry standard, generating buzz around LYO Credit for its strong showing.
Throughout the audit, the firm ensured that the LYO smart contract appropriately and effectively implements and adheres to existing standards, and that documentation and code comments align with logic and behavior. Moreover, the audit ensured that the smart contract distributes tokens in a manner that matches calculations and follows best practices for the efficient use of resources without unnecessary waste.
Zokyo, a leading smart contract auditor, gave LYOPAY’s smart contract security qualifications a score of 98%. This strong evaluation reflects LYOPAY’s emphasis on quality, security, and correctness.
To know more about LYO Credit token, check out the project white paper and social media:
Website: https://lyocredit.io/
White paper: https://white-paper.lyopay.com/
Docs: https://docs.lyocredit.io/
Telegram: https://t.me/lyocredit
Twitter: https://twitter.com/lyopayofficial
