Nyla AIPrice

(NYLA)

Nyla AI is an AI-driven Web3 ecosystem often referred to as the "Venmo of Web3." Its core utility revolves around @AgentNyla, an AI agent that enables users to execute crypto transactions—such as sending, swapping, and managing assets—directly within social media platforms like X, Telegram, and Instagram using natural language commands. This technology removes traditional barriers by allowing financial operations to happen seamlessly within social threads or direct messages.

Users interact with the ecosystem by tagging the official AI agent, @AgentNyla, in a post or reply. For instance, a user can type a command such as "Hey @AgentNyla, send 0.5 SOL to @username." The system automatically generates a wallet associated with that specific social media handle if one does not already exist, facilitating peer-to-peer transfers without requiring the recipient to provide a complex wallet address beforehand.

While the project initially launched on the Solana blockchain, it has recently expanded its ecosystem to include Algorand. Nyla AI aims to function as a cross-chain "social layer," utilizing interoperability technologies like Wormhole to facilitate multi-chain transfers. The development team has also prioritized deploying native liquidity on Algorand following their recent migration efforts to ensure a robust and flexible multi-chain experience for all global users.

The migration involved retiring the old NYLA contract, which originated from the BONK ecosystem, in favor of a new contract on the Pump.fun ecosystem. This strategic shift was designed to improve development speed and enhance incentives for creators within the network. Holders were provided a window to redeem old tokens for new ones via the MigrateFun platform, with a 90-day post-launch grace period for those who missed the initial exchange window.

The NYLA token is available for trading on LBank, a leading global digital asset exchange. Additionally, users can find liquidity on various Solana-based decentralized exchanges and other reputable trading platforms. By utilizing LBank, the project ensures high accessibility, deep liquidity, and a secure trading environment for the global community and investors interested in the Nyla AI social-finance ecosystem.

Standard users pay a 0.5% fee on swaps and a small flat fee for social-driven transfers. However, holding 50,000 NYLA tokens waives all platform fees for life, including those for swaps, automations, and analytics tools. For high-tier participants, holding over 1 million NYLA tokens allows for application to a specialized Partner Program, which features a revenue-sharing model based on fees generated by specific whitelisted tokens.