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BYAS

BYAS is a decentralized autonomous savings system that pays a yield in your wallet every time someone interacts with BYAS contracts. #BYOB Be Your Own Bank

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Overview

What is BYAS?

BYAS is Balanced Yield Autonomous Savings. It's a deflationary decentralized automatic savings token that pays a yield directly in your Web3 wallet. But it's not just another "fee" token. BYAS is an ecosystem token upon which several dapps will be built. All of these dapps require BYAS to run them. You can't interact with the smart contracts on BYAS Dapps unless you hold a min amount of BYAS. The first BYAS Dapp is DXO. DXO is the first "un-stablecoin" that can only be created by burning Bitcoin and BNB. 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 value of DXO changes constantly. So the crypto value of DXO could be higher or lower than the value of what you burned. This creates trading opportunities around DXO. You need at least 100,000 BYAS to Forge DXO. Hold BYAS and your balance will increase. BYAS has a 3% fee on every Buy and Sell. 1% goes to holders 1% gets burned 1% goes to charity

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