PANews reported on August 21st that YZY Money has launched a new token, YZY, according to its official website. All YZY tokens are minted on the Solana blockchain. YZY supports crypto payments through Ye Pay, can be purchased with credit cards or USDC, and can be traded through the Jupiter App. YZY uses a random selection mechanism for 25 contract addresses to prevent front-running, and the official liquidity pool is now live. Team shares are locked on-chain using the Jupiter Lock protocol and unlocked in batches, with lock-up periods of 3, 6, and 12 months, followed by a 24-month linear release. YZY, Ye Pay, and YZY Card are independent projects, and YZY does not constitute an investment contract or security.