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The $SYA DeFi experiment is a new type of deflationary currency applying autonomous yield and liquidity generation. The $SYA Protocol uses Tax, Reflection (Instant & Rewarded), LP Acquisition and Burn.
The protocol automatically applies a 10% tax to each transaction that is distributed gasless as follows:
- 2% Instant Boost (automatically made available to tokenholders)
- 2% Community Boost (made available to token holders once community goals have been achieved)
- 1% Charity
- 2% Burn
- 2% Liquidity Pool
- 1% Marketing WalletThe $SYA team is building consumer-friendly products on https://sya.today allowing crypto investors to research, learn, understand and place orders for any token on Binance Smart Chain, starting with the $SYA token.
$SYA Protocol launched on Binance Smart Chain on May 09, 2021 with a total supply of 1 quadrillion (1,000,000,000,000,000) $SYA tokens.
SYA is founded by Lamine Cheloufi, Daniel van Dalen, and other humans. The team behind $SYA were the leading designers, product managers, and engineers and part of the founding team of N26. The team worked together since 2014 and has built N26 from the ground-up, launched it successfully, left the company to pursue their own dreams. The team then founded Cookies, a peer-to-peer payment system, that later became part of Klarna. At Klarna, the team has built other retail banking products.
Lamine, the Founder of $SYA also dabbled into the Hong Kong FinTech ecosystem and ended up supporting the team at WeLab (funded by Sequoia, Alibaba) to build and brand their product. Following this, Lamine then decided to apply his product, brand, and marketing experience to the crypto space and founded Flooz.link, the engine behind the creator economy.