Own Your Position
Bylo: A New Kind of Wallet
Bylo is currently in development in its MVP phase. Once the MVP is finished, a new whitepaper will be available with a product roadmap to provide timelines for its launch and features.
The developer team behind the $ABI token is working on a new caliber of cryptocurrency hot wallet. The wallet, named Bylo, will equip crypto traders with advanced tools to execute trades at their own level of risk comfort. Bylo is a swap app (not an exchange) that will reduce the limitations on transaction variables imposed by current mainstream wallets, while still using the liquidity from standard Automated Market Makers (AMM’s).
$BYLO is the associated token that will serve as a governance token and raise funds for the continued development of Bylo. Using this app to make trades in the crypto market will secure you better positions and larger yields on your transactions.
Bylo is a mobile-first app for the on-the-go trader. Use it anywhere you are to swiftly act on token launches or market volatility.
Experience full control of your slippage (up to 100%) to ensure that you can mark your position regardless of volatility.
Never fall victim to hanging transactions or short gas again. Bylo will allow you to set your gwei before you submit your txns.
Bylo will make direct router connections, meaning you won’t need to provide further approval after submitting your transactions. Don’t let fat thumbs kill your vibe.
Direct router connections bypass additional smart contract routers, providing immediate connection to DeFi exchanges. Interact with the Ethereum network like a seasoned developer.
High Speed Nodes
$BYLO provides private nodes on the Ethereum network that can be used exclusively by Bylo users to push transactions. This further reduces latency, increasing time to market.
For every interaction with the $BYLO contract, 3% of the total transaction value will be redistributed back to $BYLO holders based on their ownership proportion of the total supply. $BYLO token holders can withdraw their rewards in ETH at any time as they accrue. Earn passive income from regular $BYLO trading volume, without staking or locking up your funds for a time period. Buy $BYLO, promote it, and watch your wallet grow. Keep your holdings to use the Bylo app to make expedited trades on the Ethereum network.
How to Buy
Get started with $BYLO in a few easy steps.
Step 1: ETH-Ready Wallet
Grab your mobile device with a hot wallet. Make sure you have some Ethereum on it. If you do, move on to Step 2.
If you need to purchase Ethereum, you can do so on any major centralized exchange (CEX). Here’s a few options to get you started:
If you are just purchasing ETH through a CEX for the first time, make sure that you move your funds to a hot wallet to interact with a decentralized exchange (DEX) using your own private keys.
See how to move ETH from Binance to Metamask
See how to move ETH from Coinbase to Metamask
If you have not used a hot wallet before, here are some hot wallet apps that come recommended from our team:
We do not recommend using Coinbase wallet. If you are using this wallet, consider importing your private keys (using a mnemonic seed or key export) into one of the two hot wallets listed above.
Step 2: Connect to Uniswap
Next, use a DEX to swap ETH for $BYLO. We’re using Uniswap.
Click the Buy button on the site navigation, or go to Uniswap. If you have not already imported the contract address into your token list on this browser, you will be prompted to do so. Click the Import button. Then click the Connect to a wallet button in the top right corner.
On a desktop computer, this will prompt you to use the Metamask browser extension, or WalletConnect. Using the Metamask extension, you will be automatically prompted to authorize your wallet to connect to the exchange. Using WalletConnect allows for a wider array of hot wallet connections (including TrustWallet) – you will need to have your mobile phone ready to scan a QR code from your desktop screen to sync your wallet with the exchange.
If you’re using just a mobile phone you can also paste the Uniswap URL into your hot wallet’s Dapp browser (this is typically Android only, as iOS doesn’t support browser-embedding inside apps). This will automatically connect that wallet to the exchange. Then you can manually paste the contract ID into the token list (read through Step 3 to find out where).
Step 3: Swap ETH for $BYLO
Once you’ve connected your wallet and imported the $BYLO contract ID into Uniswap, you can now stage a swap, invest, and be a part of our community. If you haven’t imported the contract ID yet, keep reading.
With your wallet connected, click the top dropdown that says Select a token and select ETH. The bottom dropdown should already say BYLO but if it doesn’t, click the dropdown and paste the contract ID into the token search field. This will pull the token up and prompt you to import it – click Import (like Step 2). Enter the amount of ETH that you want to trade for $BYLO. Uniswap will automatically calculate your $BYLO token exchange amount based on the current market price.
Your connected wallet will prompt you for a transaction approval. Click Approve, and you’re in!
Your transaction will approve within a few moments.
If the daily volume is high and many transactions are going through, you may need to increase your slippage tolerance. Click the cog icon in the top right of the swap panel and set the slippage tolerance to 7% or more.
At the time of this writing, there is sometimes a bug with Uniswap, where it will throw errors at you while you stage your transaction, claiming that slippage is the issue. This is not true. Edit the bottom number input for the amount of $BYLO coins you want to receive, and change the last 1-3 digits to just the number 1 (it will default to 0’s). This will allow your transaction to go through without changing the amount of ETH you use at all.
We are currently working to define the scope and features that will be included in the baseline Bylo App into a full whitepaper. You can find the general functionalities and features to expect with the app in our litepaper.