According to new reports, the singer had allegedly registered a new name with the Korea Music Copyright Association (KOMCA). Upon searching for Chanyeol on the official KOMCA website, two names are listed in the system, one of which is his full name and the other is LOEY.
There is speculation that LOEY is an anagram of the "Yeol" from Chanyeol. A search into the tracks Chanyeol has participated has resulted in a number of recent songs from November's SBS PowerFM’s 20th Anniversary being credited to LOEY, suggesting that he hasn't been using this new name for very long. Additionally, older songs which Chanyeol has participated in are credited under "Park Chanyeol", which further reinforces the speculation over LOEY.
What are your thoughts on Chanyeol releasing self-composed songs under a different moniker?