what's Loyyal Network?

Loyyal Network is a blockchain-based infrastructure for decentralizing loyalty rewards, enabling users to convert illiquid points from various programs into LYYL tokens with instant liquidity, permanent ownership, and cross-brand interoperability. The platform abstracts Web3 complexities by auto-creating secure wallets, allowing seamless syncing of loyalty accounts, point burning for token minting, and usage via trading on DEXes, partner redemptions, or staking for yields. It standardizes reward value globally, eliminating silos and expiration limits. The LYYL token ($LYYL) functions as the universal loyalty currency, incorporating deflationary mechanics like fee burns and governance through the Loyyal DAO for decisions on partnerships and fees. Holders access VIP perks and enhanced rewards. Currently in alpha with testnet MVP planned for late 2025 and token generation event in 2026, it targets transforming the loyalty industry into user-controlled digital assets.