In this build, we’ve focused on improving display functions for a smoother user experience, as well as adding support for the highly popular FLUF World NFTs.
This update of the Sylo Smart Wallet includes the following additions:
As a precursor to this article, make sure to read the Sylo Network Incentivisation Plan. In this plan, we outline the three phases that Sylo will progress through on our way to a fully incentivised network model, of Liquidity Mining, is the first.
If you’re reading this, then welcome to Phase 1 — Liquidity Mining.
What’s exciting about this phase is that it provides Sylo Token holders a great opportunity to stake their passive SYLOs, whilst increasing liquidity for the Sylo Token on Uniswap.
‘Liquidity’ is the availability of liquid assets and in this case, refers to the availability of…
A key feature delivery from Q2 in our 2021 roadmap, we’re excited to release this cool piece of tech that will make it easier for users everywhere to get on board with NFTs.
Here’s how it works…
The road to NFTs and more, explained by our team.
Aside from our ‘shinier’ and more attention-grabbing updates, in the background our design and development teams are consistently working away to refine the Sylo Smart Wallet.
Recently, we made a round of updates to the Sylo Smart Wallet that we’ve been chipping away at for a while, and we’re excited to share them with you.
So better to explain further what these updates entail, than the people who make them?
For an overview on Sylo Network Incentivisation, please read our introductory post.
The purpose of the phase incentivisation initiative — Liquidity Mining (or Yield Farming) as decribed in our incentivisation plan — is to build the foundations of an engaged community whose incentives are aligned with those of the Sylo Network and Sylo Protocol, as we progress on our journey into the decentralised future.
What does an engaged community look like to us?
It means more users of the Sylo Smart Wallet, more developers building on the Sylo Protocol, more people using, buying and holding the Sylo Token, more…
If you’re new to the world of crypto, it’s likely that the term ‘secret phrase’ doesn’t mean a lot to you. You may also have heard it called a ‘seed phrase’, ‘12-word seed’, ’12 word phrase’, ’12 words backup’, ‘mnemonic phrase’, or ‘recovery seed.’
When you’ve heard those terms, you might have thought, “Oh, it’s just a password, right? Like I use on Twitter? And I can reset it anytime I want?”
But you couldn’t have been more wrong.
Your secret phrase is much, much more than a mere password — it’s the key to YOUR world in crypto.
You may have noticed that on March 26th, we released our roadmap for 2021. And there’s a LOT that our team will be ticking off this year.
Jam-packed full of exciting developments, among other features, this year we will be continuing our solid progress into DeFi, NFTs and more.
To help you get to our excitement level about what’s to come this year, we’d like to go into a little more detail on our roadmap items.
First, a brief recap of the deliverables we’ve already ticked off.
We’re proud to announce today the beginning of a strategic partnership with Moonstake, developers of the largest staking pool network in Asia.
Through this collaboration, Moonstake will connect Sylo with their robust API/SDK solution, thereby enabling staking functionalities in the Sylo Smart Wallet and allowing Sylo users to earn passive income from their idle crypto assets.
Additionally, Sylo and Moonstake will also collaborate to spread awareness about blockchain and decentralised technologies through joint marketing initiatives.
This partnership is exciting for Sylo as it will see our over 400,000 users across more than 80 countries gain access to staking functionalities powered…
Watching the crypto market is now easier than ever for Sylo Smart Wallet users.
As of today, users can now track the price of their favourite cryptocurrencies from within the Sylo Smart Wallet app by means of the ‘Crypto Tracker’ feature.
Our team has designed this real-time updated, infographic display to help users understand the moment-to-moment value of their crypto.
2020 was a booming year for DeFi!
With the emergence of a multitude of new projects as well as a lot of investment support flowing in, the value of peer-to-peer economies through DeFi has been significantly seeded in the global financial space.
After breaking the $1 billion total locked value (TLV) in Feb 2020, projects such as MakerDAO, Compound, and Uniswap among others, seriously influenced the course into the future that DeFi would take. Now in 2021, the DeFi arena currently has a TLV of $38 billion.