Be the first to experience instant & frictionless token swaps on EOS.
Finally! YOLO is LIVE!
The initial public beta version is now available:
https://yoloswap.com/
A few weeks ago, we introduced YOLO to the world, a decentralized exchange aiming to provide a frictionless token swap experience on the EOS network. We remain focused on enabling exchange between tokens for everyone, not only experienced traders.
Read more about our mission in Hernan’s (Head of growth @ YOLO) Interview for EOS-Exchange-News.
You now have the opportunity to experience instant token swaps on EOS, which is backed by the extensive knowledge brought by the Kyber Network Team. Kyberswap has quickly become the go-to decentralized exchange for the Ethereum network, allowing users to instantly trade ETH tokens based on the Kyber protocol, which is now powering YOLO.
Try YOLO NOW
Using YOLO is super simple! There are 3 basic steps you need to follow:
1 — Sign In:
a) Sign In with Scatter:
b) Allow Scatter to Link the Application
c) Select account and press Log In
2 — Select the tokens you wish to swap
At this initial beta stage, we are just allowing for token swaps between EOS and other tokens. Token-to-Token swap will be released soon.
a) Select the Token you wish to buy (or sell)
b) Set the amount
3 — Press Swap
- And Viola! Enjoy your new acquired tokens!
- No more waiting for your order to be filled.
- No more wondering “Am I getting a fair market price here?”
- It’s really that simple, welcome to YOLO.
YOLO Advantages
EOS presents a lot of advantages when implementing the Kyber protocol for exchanging tokens. EOS fast block times and zero-fee transactions allow for several optimizations like price discovery, intelligent market making, and the ability to mantain liquidity with smaller token reserves. You can read more about YOLO’s approach on liquidity in Yaron’s (YOLO’s head of technology) post: The Exponential Liquidity Reserve.
Some other key differences between YOLO and other DEXes are:
- YOLO has several methods for optimizing price discovery. It is not only based on supply and demand calculations, but it will soon go out into other exchanges and search for the optimal price to give to the end user.
- YOLO is based on the Kyber Network Protocol, which has been battle-tested extensively in the Ethereum network and has achieved a high level of success within the Ethereum Ecosystem.
- YOLO is using EOS as a liquidity reserve instead of a proprietary Token, which promotes the use and demand for EOS.
You can read these differences in detail in our interview on Trybe.
We take pride in listing only TOP EOS Projects
One of the problems we’ve identified in the space is that many tokens that don’t have much development or even a committed team behind them are being listed and traded for mere speculation.
YOLO Takes pride in making prior due diligence on the tokens being listed and available for exchanging on our platform.
This bring us to a huge SHOUTOUT to the Projects that are now listed and that have been with us since the start:
- Everipedia — IQ
- Infiniverse — INF
- Emanate — EMT
- Aeron — ARN
- CarbonUSD — CUSD
- Bancor — BNT
- And many others coming soon (Surprise Surprise!)
WE NEED YOU!
And specifically, we need your feedback.
- Tell us which Token would you like to see listed in YOLO and earn some cool YOLO swag. Retweet and comment.
- There is an ongoing Bug Bounty where you can earn KNC tokens for finding bugs in the code.
- Even if you don’t find specific bugs, please let us know about your experience in our Telegram Channel.
- Earn swag and other cool stuff by letting your friends know about YOLO. our promotional campaigns are generally published in our Twitter Feed.
