The Sylo Liquidity Mining program is set to conclude on October 14, 2024 (NZT). Participants in the program can withdraw their LP tokens from dashboard.sylo.io and complete the liquidity cash-out process via Uniswap.
Staking is available on the Seeker Network for users who want to stake their SYLO. By staking SYLO tokens, participants help fortify the network's security and operations while receiving additional SYLO as rewards. This move not only provides an incentive for stakers but also strengthens the underlying infrastructure of the Sylo Network, which plays a vital role in the open metaverse.
The Sylo Token is at the core of the Sylo Ecosystem. It is a utility token, that is used to remunerate the essential costs of running a Sylo Node, including human time, hardware resources and electricity. The Sylo Token’s unique 'layer two' (off-blockchain) probabilistic micro-payment system makes this possible. SYLO was officially listed on BitMart as of August 19, 2024.
