LYOPAY White Paper
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Features and Strategy

Features and Strategy

The value of a cryptocurrency or a token is always linked to the project’s purpose. LYO Credit (LYO) is unique among its competitors because of its connection with a large platform.
LYO will always take responsibility for these tokens as a way to use its platform’s services; its growth and devaluation are integrated into the project design itself. Even if LYOPAY cannot manipulate market shares, it is issued by an experienced, highly competent team, with all steps and fundamentals defined and planned to ensure this currency’s incredible stability over time.
Given the expansion of our platform—and due to the features and design that govern the currency—it’s highly likely that LYO will become an increasingly global asset. Furthermore, its potential to appreciate is significant; by fundamentally analyzing the project, all token holders will recognize it as the currency of a solid endeavor with strong representation worldwide.
LYO offers a large volume of usage and application within the platform itself. Over the next two years, the focus will be technological development and new services integration.

Licensed ecosystem

LYO Credit tokens are issued by a company that operates under licensed partners and platforms authorized in various countries around the world. Today, creating a cryptocurrency is cheap and accessible to anyone, but the value of that currency is always linked to the purpose of the project. Therefore, LYO Credit stands out among other cryptocurrencies because of its connection with a large platform that is listed on different exchanges such as Coinsbit, BitForex, Bibox, CoinGecko, and many other.

Token ownership

When a company issues a token, even if it is in the possession of its users, it tends to be decentralized. LYO Credit will always take responsibility for these tokens for use of the services on the platform. Its growth and devaluation are integrated into the design of the project. LYOPAY cannot manipulate market shares, but as it is issued by an experienced, highly-competent team, all steps and fundamentals have been defined and planned such that this currency has incredible stability over time.

Applicability of the token

Due to the features and design that govern the currency, the token has a high likelihood of becoming an increasingly global asset in view of the platform's expansion. Furthermore, it has significant potential for appreciation, as by fundamentally analyzing the project, all token holders will understand that it is the currency of a solid project with worldwide representation. Hence, it has the ability to provide a large volume of usage and application within the platform itself. Over the next two years, the focus of the platform will be on technological development and the integration of new services.

Token Fees

All commissions applied to the business model are 100% payable with LYO Credit (LYO). In addition, 15% of each commission or brokerage activitywill generate LYO Credit “points” known as Referral Rewards.
Coins Listing
€5,000 to €50,000
Banks
€0.10 to €175
KYC
€0 to €6,500
Launchpad
3% to 15%
White-label
€250,000 + monthly fee + revenue sharing
Top-up Telecom
2%
Travel Booking
1% to 3%
Exchange Trading
1.50%
Precious Metal
0.20% to 1.5%
LYOTRADE
0.20% to 1.5%
P2P
0.20% to 1%
LYOMERCHANT
0.50% to 1%
LYOCUSTODY
0.50% to 10%
E-Commerce
2% to 15%

Buyback Strategy

In June 2022, the LYOPAY platform’s buyback of LYO Credit will be activated. Twenty percent of LYOPAY’s generated profits will be used to buy tokens from users in three-month intervals. These tokens will then be removed from circulation until the repurchase of 50% of the total supply is reached (125 million of a total supply of 250 million). All buyback transactions will be announced on the blockchain. Ultimately, 125 million tokens will be removed and the remainder will constitute the circulating supply.

Staking Reward

Users will be able to participate in the LYO Credit token lock and receive yearly rewards of up to 36% based on a fixed market price logic in the staking phase. Staking users will also receive exchange and service fee discounts.
LYO Credit Token (LYO) staking is available on lyotrade.com. Users can lock a minimum of 50 LYO and a maximum of 100,000 LYO. Rewards are delivered in the same currency as the stake via LYO Credit wallet.
Moreover, LYO staking gives users the option to lock their crypto-assets for three to 24 months. Participants earn interest on their locked tokens depending on their chosen lock period. Users can also choose to compound their locked tokens to earn yearly rewards worth up to 36%.

Airdrop

All users will have a link to open an account on the platform. Each new customer a user refers will receive €2 in LYO Credit, 15% of which is contributed to earning rewards in LYO Credit. This process encourages users to complete the KYC (Know Your Customer) procedure so that the platform always has real, validated people using it. In October 2021, airdrop promotions began with active users.

Referral Plan

Most platforms adopt two-tier referrals and one-tier promotions. The LYOPAY platform will welcome users with a three-level referral that has the potential to reach up to seven levels over time. Referral levels unlock with no purchase necessary; users are required only to send a referral link to their contacts and to instruct them on using the application. The referral system will be inclusive of all independent areas, such as LYOTRAVEL and LYOTRADE.