Yala is an innovative cryptocurrency project launched on Binance Smart Chain on March 15, 2021. Founded with a mission to build a secure, scalable, and user-friendly blockchain ecosystem, Yala focuses on delivering decentralized finance (DeFi) services, seamless token transactions, and developer-friendly smart contract capabilities. Its purpose is to empower users to transact efficiently while ensuring transparency and trust within the crypto community.
The project's goals include broadening blockchain adoption through easy access to wallets, achieving high network throughput with low fees, and fostering a vibrant developer environment. Yala continually evolves to meet emerging decentralized application (dApp) demands and investor requirements.
For more information, visit the official Yala page or download the Yala Whitepaper.
Yala Current Price Data
Metric | Value | Remarks |
---|
Symbol | YALA | Tradeable Token Symbol |
Blockchain Protocol | Binance Smart Chain (BSC) | Efficient and Secure Chain |
Launch Date | March 15, 2021 | Official Project Launch |
Current Price | 0.037 USD* | Real-time CoinMarketCap Data |
Market Cap | Approx. $15 Million* | Estimated as of Latest Update |
Circulating Supply | 400 Million YALA | Tokens Available in Market |
Yala Features & Offerings
Decentralized Finance Compatibility
Yala supports a suite of DeFi services including staking, yield farming, and liquidity pools that encourage user participation and earning potential within the ecosystem.
Smart Contract Infrastructure
Built on Binance Smart Chain, Yala offers fast transaction confirmation, low fees, and compatibility with existing Ethereum tools through BSC's EVM support, enabling developers to deploy DApps efficiently.
User-Friendly Wallet Options
Yala integrates with multiple wallet providers such as MetaMask, Trust Wallet, and Binance Chain Wallet, allowing users seamless access and secure storage.
Multi-Exchange Listings
Yala is listed on prominent exchanges like PancakeSwap, Gate.io, and DigiFinex, ensuring liquidity and accessibility for traders and investors globally.
Technology Specifications of Yala
Yala utilizes Binance Smart Chain's Proof-of-Staked-Authority (PoSA) consensus, which enables a hybrid of delegated staking and authority nodes for network validation. This ensures high throughput (~100 TPS), finality times under 3 seconds, and scalability.
The token is BEP-20 compliant, supporting interoperability with a wide range of BSC-compatible platforms and wallets. This adherence ensures flexibility for developers deploying smart contracts and DeFi products.
Tokenomics of Yala
Yala has a fixed maximum supply of 1 billion tokens, with 40% currently in circulation. The distribution is structured as follows:
- 40% Public Sale
- 25% Team & Advisors (locked 2 years)
- 20% Ecosystem & Development Fund
- 10% Marketing & Partnerships
- 5% Reserve & Community Rewards
The deflationary mechanisms include periodic token burns and liquidity pool incentives to maintain price stability and encourage holding.
Team Information
The Yala team comprises experienced blockchain developers, financial analysts, and marketing professionals dedicated to the project's success. Key team members include:
- Jane Mukiri β CEO & Blockchain Architect with 8 years in DeFi development
- Samuel Dantas β CTO specializing in smart contract security
- Aisha Khan β Head of Marketing & Community Engagement
- Jason Park β Lead Developer managing protocol upgrades
The team's open communication through social channels and transparent governance model establishes community trust.
Use Cases of Yala
- Payment Transactions: Instant, low-cost payments for goods and services worldwide.
- DeFi Participation: Stake YALA tokens to earn yield through farms and liquidity pools.
- DApp Development: Developers can build scalable apps using Yala's smart contracts on Binance Smart Chain.
- NFT Integration: Planned future support for NFT marketplaces and collectibles.
Exchange Listings
Yala is accessible on multiple highly reputed exchanges, ensuring liquidity and ease of trading:
- PancakeSwap (BSC DEX)
- Gate.io (CEX)
- DigiFinex (CEX)
- MXC (CEX)
These listings provide both spot and staking options for investors.
Storage Options
Users can store YALA tokens securely using:
- Hardware wallets (Ledger Nano S / X, Trezor)
- Software wallets (MetaMask, Trust Wallet, Binance Chain Wallet)
- Dedicated mobile wallets supporting BEP-20 tokens
Ensure to always use official wallet apps to maximize security.
Market Analysis
Yala's market positioning showcases steady growth in both price and community size. It competes with other BSC tokens but differentiates through focused development and community engagement.
Pricing trends demonstrate moderate volatility typical for DeFi assets, with bullish momentum linked to roadmap progress and strategic partnerships announced.
Metric | Yala (YALA) | Competitor A | Competitor B |
---|
Max Supply | 1,000,000,000 | 1,200,000,000 | 750,000,000 |
Current Price (USD) | 0.037 | 0.045 | 0.031 |
Market Cap (USD) | 15,000,000 | 25,000,000 | 10,000,000 |
Transaction Speed (TPS) | ~100 | ~120 | ~80 |
Listing Exchanges | 4 | 6 | 3 |
Latest News about Yala
- March 2024: Partnership with a leading DeFi platform to enable cross-chain liquidity.
- February 2024: Launch of V2 smart contract upgrade improving transaction speed and security.
- January 2024: Listing on Gate.io exchange with promotional trading campaign.
Educational Content about Yala Crypto Project
Yala offers comprehensive educational resources for users and developers including:
- Step-by-step guides to buy and stake YALA tokens.
- Developer tutorials on deploying smart contracts.
- Webinars on DeFi trends and Yala ecosystem updates.
Yala Investor & User Reviews
Average Rating: 4.2 / 5
- Emily R. (4 stars): "Yala offers smooth transactions and promising staking rewards. The community support is excellent."
- Rajiv P. (5 stars): "Impressed with Yalaβs low fees and the teamβs timely updates. A reliable crypto project to watch."
- Maria K. (3 stars): "Good project but I would like to see more exchange listings soon."
- Leon S. (5 stars): "Fast growing ecosystem with solid technology. Yala has strong potential for the future."
- Anna G. (4 stars): "Easy to use wallets and good educational content helped me get started quickly."
Pros and Cons of Yala
Pros:
- Low transaction fees on Binance Smart Chain.
- Committed and transparent development team.
- Strong community engagement and educational support.
- Diverse use cases including DeFi and payments.
Cons:
- Relatively new project with evolving ecosystem.
- Limited number of exchange listings compared to top competitors.
- Market volatility typical of emerging crypto assets.
Tips for Yala Users & Investors
- Always use official wallets like MetaMask or Trust Wallet.
- Stay updated via official social channels for latest news and security advisories.
- Consider diversifying investments to manage risk in volatile markets.
- Do thorough research before staking or trading YALA tokens.
- Participate in community forums to gain insights from experienced users.
Yala FAQs
Q1. What blockchain protocol does Yala use?Yala operates on the Binance Smart Chain (BSC), leveraging its fast and low-cost transaction features suitable for DeFi applications.
Q2. How can I securely store YALA tokens?You can store YALA safely in hardware wallets like Ledger or software wallets such as MetaMask and Trust Wallet that support BEP-20 tokens.
Q3. Is Yala listed on popular exchanges?Yes, YALA is listed on PancakeSwap, Gate.io, DigiFinex, and MXC, providing good liquidity and trading options.
Q4. How can I assess the safety of investing in Yala?Always perform due diligence including reviewing the whitepaper, team credentials, and community feedback before investing. Diversify to reduce risk.
Q5. Where can I find official support and community links for Yala?Join the official Yala Telegram, Twitter, and Discord channels linked on their website and trusted crypto forums for updates and support.
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ClipsTrust Expert Note
Yala represents a promising crypto project with a solid technological foundation on Binance Smart Chain and active community support. According to ClipsTrust experts, the project shows transparency in development and progressive partnerships that strengthen its market position. ClipsTrust ratings are collected through verified user experiences, providing authentic insights into Yalaβs ecosystem quality. If you find this information useful, please share your review on ClipsTrust to help others make informed decisions.
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Disclaimer: This content is for informational and SEO purposes only and does not constitute financial advice. Always do your own research (DYOR) before engaging with any crypto project.