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e-Money is Staking on AscendEX

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e-Money pioneering blockchain sectors first interest bearing stablecoins

AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the staking of e-Money (NGM) with an APR of 17% on Mar 23 at 9:00 a.m. EDT.

AscendEX’s innovative staking product allows users to participate in staking and earn rewards directly on the platform. AscendEX aggregates users’ staking interest and delegates assets to trusted validators on their behalf.  

e-Money is a blockchain-based electronic payment system that aims to make digital money transfers more accessible to everyone. The e-Money platform processes transactions with currency-backed stablecoins that are fast, transparent, and fully collateralized. With an interest-bearing mechanism and the support for major currencies at scale, e-Money stablecoins are highly efficient and liquid, giving them a significant advantage over other algorithmic stablecoins in fiat-backed economies. e-Money stablecoins function more like a tokenized bank deposit than a fiat-pegged currency, as it fluctuates based on incurred interest rates.

e-Money currently offers several European currency-backed stablecoins such as the eEUR, the eCHF, and tokens backed by Scandinavian currencies (eNOK, eDKK, and eSEK). e-Money is already working with multiple European banks to hold its stablecoin deposits. The fidelity and transparency of e-Money stablecoins will be ensured by Ernst & Young providing quarterly Proof of Funds.

e-Money’s native token NGM, is used to secure the e-Money network by bonding with one or more validators. Additionally, NGM token can be used to pay for transaction fees and as a staking token for users to earn rewards on the platform.  

The e-Money team brings together professionals with over 15 years’ experience within algorithmic trading, financial infrastructure, corporate venturing, and blockchain industries. Backed by leading institutions, including TRGC, ChainLayer, and Brilliance VC.  

Staking Details:

1) Minimum Delegation Amount: 3 NGM

2) Minimum Staking Period: unstake anytime

3) Reward Calculation Starting Time: T+1

4) Reward Distribution Starting Time: T+2

5) Reward Distribution Cycle: daily basis

6) Regular Unbonding Period: 21 day

7) Instant Unbonding: Supported

8) Instant Unbonding Fee: 2%

9) Compound Mode: Supported.

• T Day is a natural day based on Coordinated Universal Time (UTC)

• If you delegate before 24:00 on T Day, rewards will be calculated from T+1 Day and distributed from T+2 Day

• Rewards are distributed daily and need to be re-delegated manually unless under “compound mode”

• Undelegation process takes 21 days to complete, you can use Instant Unbonding and claim tokens back right away

• If you undelegate before 24:00 on T+N Day, you will receive rewards only for the N-1 Period

About AscendEX

Originally founded in 2018 as BitMax.io, AscendEx is a leading crypto and digital asset exchange catering to both professional and retail traders. Our venue offers spot, futures, margin trading and staking products and incorporates key elements from the DeFi space to foster a unique market structure for users. AscendEx is led by a team of Wall Street veterans who have applied traditional markets’ rigor to create a secure, safe, and reliable experience for all participants; and a reliable source of liquidity for primary offerings.

For more information and updates, please visit:

Website: www.ascendex.com 

Twitter: https://twitter.com/AscendEX_Global 

Telegram: https://t.me/AscendEXEnglish 

Medium: https://medium.com/AscendEx 

About e-Money

The e-Money protocol is built for the issuance of a range of interest-bearing currency-backed stablecoins reflecting various world currencies. Each token is backed by a reserve of assets denominated in its underlying currency. e-Money currently supports the Euro (EUR), Swiss Franc (CHF), Swedish Krona (SEK), Norwegian Krone (NOK) and the Danish Krone (DKK) with a host of additional currencies pegged for release in 2021. The project is dedicated to total transparency with quarterly reserve audits performed by Ernst & Young.

Unlike most existing stablecoins which aim to maintain a static 1:1 peg with their underlying assets, the value of e-Money’s currency-backed tokens continually shifts in line with the interest accrued on the reserve assets. This means that holders benefit from the interest accrued on their assets while they sit securely in your wallet. The e-Money blockchain supports instant payments at scale and includes a DEX for easy conversion between currencies. e-Money expects to integrate with Cosmos Hub, Ethereum and Avalanche in the first half of 2021.

For more information and updates, please visit:

Website: https://e-money.com 

Twitter: https://twitter.com/emoney_com 

Medium: https://medium.com/e-money-com
Telegram: https://t.me/emoney_com

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Salvation Army of Broward County Reports Severe Shortage of Food Seeks Urgent Donations

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Food Drive

The Salvation Army of Broward County now feeds 1,100 families in our community each month through their weekly food pantry. Donations aren’t keeping up with the increasing demand.

Fort Lauderdale, Florida May 4, 2024 (Issuewire.com) – The Salvation Army of Broward County now feeds 1,100 families in our community each month through their weekly food pantry. Donations aren’t keeping up with the increasing demand.

As summer break approaches, this crisis will only worsen, says Major Guadalupe. “During the summer, when schools are closed, families that rely on free or reduced-cost meals for their children face additional burdens,” he explained. They often turn to food banks and pantries for support. “This is especially challenging for children, who need proper nutrition for their growth and development.”

Rising food prices are further exasperating a dire situation, stressed Major Guadalupe. “Families simply can’t afford to feed their children, and our supplies are running low. We are coming to our fellow Broward County residents for help.”

You may help replenish the Salvation Army’s food supplies by bringing your food donations to The Salvation Army of Broward County on May 16, 2024, 1445 W Broward Blvd, Fort Lauderdale, FL 33312.

Items Most Needed:

– Mashed Potatoes

– Rice and Pasta

– Shelf-stable Milk and Cheese

– Cooking Oil and Salad Dressings

– Canned Vegetables and Beans

– Canned Soups, Fruit, Tuna, and Chicken

– Peanut Butter, Jelly, and Spaghetti Sauce

– Cereal, Oatmeal, and Granola Bars

– Macaroni & Cheese and Ramen Noodles

Monetary donations may be made at the Salvation Army Broward County website:

https://fortlauderdale.salvationarmyflorida.org

About The Salvation Army of Broward County:

The Salvation Army of Broward County is a nonprofit organization dedicated to alleviating poverty and supporting individuals and families in need. Through various programs and services, including food assistance, shelter, and education, it strives to impact the community positively.

Note to editors/photographers:

Media are welcome to cover food distribution day on Thursday, May 16, at 8:30 am at 1445 W Broward Blvd, Fort Lauderdale, FL 33312

The Salvation Army of Broward County

Media Contact

The Salvation Army of Broward County

[email protected]

9547707517

1445 W Broward Blvd Fort Lauderdale FL 33312

https://fortlauderdale.salvationarmyflorida.org/

Source :The Salvation Army of Broward County

This article was originally published by IssueWire. Read the original article here.


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Press Release

Breaking Boundaries: KOSEC Introduces Next-Gen Valuation Model, Buffett 2.0

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Sydney, NSW, Australia, 4th May 2024 – KOSEC – Kodari Securities has announced the launch of Buffett 2.0, a revolutionary valuation model poised to reshape investment analysis and the equities markets.

 

Inspired by the legendary Warren Buffet’s renowned investment philosophy, Buffett 2.0 represents the culmination of nearly a decade of meticulous development and rigorous testing. Spearheaded by KOSEC’s Founder, Michael Kodari, the model aims to elevate valuation methodologies to unprecedented levels of precision and insight.

At its core, Buffett 2.0 integrates an array of diverse financial metrics, departing from conventional models to offer investors a more comprehensive understanding of a company’s intrinsic value. This holistic approach, combined with advanced mathematical algorithms and cutting-edge data analytics, positions Buffett 2.0 as a powerful tool for navigating today’s dynamic market landscape.

Michael Kodari, CEO of KOSEC, emphasized the model’s innovative features, stating, “What sets Buffett 2.0 apart is its holistic approach to valuation. We have combined advanced mathematical algorithms with cutting-edge data analytics to create a model that not only identifies hidden gems but also provides investors with a deeper understanding of the intrinsic value of companies.”

Developed in collaboration with a team of esteemed mathematicians and data scientists affiliated with the Fields Institute of Mathematics in Canada, Buffett 2.0 offers investors a strategic advantage in identifying investment opportunities and managing risk. The Fields Institute, internationally recognized for its mathematical prowess, bears the name of John Charles Fields, the visionary behind the prestigious Fields Medal, often hailed as akin to the Nobel Prize in Mathematics. This institute has been a crucible for pioneering research in mathematical sciences, shaping its global reputation for excellence.

As KOSEC continues to push the boundaries of financial analysis and innovation, Buffett 2.0 stands as a testament to the company’s commitment to excellence and its relentless pursuit of delivering exceptional value to clients. 

In addition to this milestone, KOSEC has recently announced its national expansion across Australia acquiring top advisers, following successful ventures in the United States. Leveraging its success from unparalleled product and service offerings, KOSEC aims to redefine the investment landscape. 

At the forefront of this expansion is also the introduction of other cutting-edge financial technology products, including the groundbreaking Phantom X. This state-of-the-art software equips KOSEC clients with a distinct competitive edge by seamlessly integrating comprehensive resources.

“KOSEC is committed to empowering investors with the tools they need to succeed in today’s dynamic market,” said Michael Kodari. “With the launch of Phantom X and our other innovative products, we are transforming the way investors approach their portfolios.”

Phantom X offers a wealth of opportunities, providing access to decision-driving data, macroeconomic insights, sector analysis, insider trading intel, fundamental analysis, and the force of Artificial Intelligence. Crafted by industry professionals, this remarkable software was initially designed for internal use but is now available to KOSEC clients, offering unparalleled access to a wealth of knowledge.

About KOSEC – Kodari Securities:

KOSEC stands out as a leading hub for investors seeking expert guidance in navigating the complexities of wealth management while safeguarding their financial assets. By equipping clients with indispensable insights and an extensive range of resources, KOSEC empowers them to make well-informed and strategic investment decisions. 

Collaborating with a diverse clientele including individuals, family offices, trusts, SMSFs, corporations, and charitable organizations, KOSEC ensures swift access to top-tier resources and invaluable insights. With an unwavering dedication to excellence, KOSEC fosters genuine connections among clients and its exceptional team, all driven by a unified mission: to arm investors with unmatched knowledge, state-of-the-art tools, and abundant resources that pave the way for groundbreaking investment opportunities.

About Michael Kodari:

Renowned globally as a distinguished investor, philanthropist, and expert in financial markets, Michael Kodari has consistently demonstrated outstanding performance, setting him apart on the international stage. Praised by CNBC Asia as ‘the brightest 21st-century entrepreneur in wealth management,’ Kodari’s illustrious career has been characterized by collaboration with industry leaders and consultations with prestigious financial institutions.

With an unprecedented foundation in funds management and stockbroking, Kodari’s journey began with notable achievements. He made history as the youngest expert panelist on the Sky Business Channel at just 25 years old, captivating audiences and achieving record-high ratings. Over three transformative years, Kodari solidified his reputation as a formidable presence in the financial sector.

Kodari’s influence transcends traditional media, extending to diverse platforms and spearheading enlightening global conferences. His involvement in significant events, such as ‘Inside China’s Future,’ underscores his expertise in fund management. Notably, he shared the stage with eminent figures like George Soros as the sole financiers invited to offer insights on Chinese government asset allocation offshore, a testament to his extraordinary expertise.

In 2019, Kodari’s reputation reached new heights as he served as an esteemed expert panelist at Parliament House, contributing significantly to discussions on the dynamic landscape of innovation and entrepreneurship between Australia and China. His role as a trusted authority in investment and collaboration on an international scale further solidified through his profound insights and expertise.

 

Media Contact

Organization: KOSEC – Kodari Securities Pty Ltd

Contact Person: Keely Murphy

Website: https://www.kosec.com.au

Email: [email protected]

Contact Number: +61299553151

City: Sydney

State: NSW

Country: Australia

Release Id: 04052411470

The post Breaking Boundaries: KOSEC Introduces Next-Gen Valuation Model, Buffett 2.0 appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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ZiphyCare and Horizon Hover Announce Major Partnership To Transform Access To Healthcare and Mobility

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ZiphyCare has been at the forefront of providing essential at-home healthcare services to vulnerable populations using their state-of-the-art ZiphyKit. This patented technology, known as a “doctor’s office in a suitcase,” enables trained medical personnel to conduct comprehensive, data-rich medical exams remotely.

United States, 4th May 2024 – ZiphyCare, a leading innovator in home healthcare technology, and Horizon Hover, a pioneer in electric hover mobility solutions, are thrilled to announce a strategic partnership aimed at enhancing healthcare accessibility and revolutionizing personal mobility. This collaboration combines cutting-edge healthcare delivery with advanced mobility technology to serve underserved communities and beyond.

ZiphyCare has been at the forefront of providing essential at-home healthcare services to vulnerable populations using their state-of-the-art ZiphyKit. This patented technology, known as a “doctor’s office in a suitcase,” enables trained medical personnel to conduct comprehensive, data-rich medical exams remotely. The technology has proven indispensable during the coronavirus pandemic, providing critical care to high-risk individuals across the U.S. without leaving their homes.

On the other hand, Horizon Hover has redefined personal and business travel with its innovative hover bikes and cars. Capable of reaching up to 1,000 feet in the air and traveling at speeds up to 60 knots over any terrain, Horizon’s vehicles are powered by environmentally friendly electric batteries and fans. This technology promises a new era of travel and extends healthcare services to previously inaccessible areas.

Dr. Priyanka Chopra, Chief Clinical Officer at ZiphyCare, expressed enthusiasm about the partnership, stating, “Our technology and hybrid care model has already transformed patient care. With Horizon Hover, we can reach even more patients in remote or hard-to-access areas, ensuring timely healthcare delivery to those in need.”

The partnership also includes collaboration with Alegria Health and Wellness, a primary care facility in the underserved Morrisania section of the South Bronx. Alegria focuses on critical care for adults, pediatrics, and women’s health. ZiphyCare’s integration into Alegria’s services has already extended office hours and facilitated home visits, significantly improving patient outcomes.

“This partnership is more than just a technological leap; it’s about making a real difference in people’s lives,” said a spokesperson from Horizon Hover. “Together, we are setting a new standard for healthcare mobility.”

As ZiphyCare and Horizon Hover move forward with their collaboration, they demonstrate their commitment to innovation, community service, and healthcare excellence. This partnership reflects the potential of technological advancements to solve real-world problems and sets a benchmark for future collaborations in the tech and healthcare industries.

Media Contact

Organization: ZiphyCare

Contact Person: ZiphyCare

Website: https://ziphycare.com/

Email: Send Email

Contact Number: +18884494749

Country: United States

Release Id: 04052411723

The post ZiphyCare and Horizon Hover Announce Major Partnership To Transform Access To Healthcare and Mobility appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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