Yola Bronze allows you to use a custom domain with your Yola website, so if you have a domain with Yola, or one purchased elsewhere, you will not be able to use a custom domain without a hosting package.
Canceling your Yola Bronze subscription does not delete your account but without a hosting package, your custom domain will no longer send visitors to your site. If you are using domain pointing, this will also fall away.
Your status will now be Yola Free and you will only be allowed to have 2 sites within your account and your storage space will be limited to 1GB per site, as well as 3 pages.