Press Release

Super DeFi lending platform layer announced to be launched soon

Published

3 years ago

May 3, 2021

On April 29 (UTC + 8), Layer announced on its official Twitter that the lending products will be launched on the official website on May 7, and the first month of mining will start simultaneously. Layer is a new DeFi platform based BSC that supports BEP-20 full-currency deposits and loans. Users can get $LAYER when they participate in deposit and provide liquidity. In the first month, the $LAYER product only had 200,000. In the first week is deposit mining, users can participate in mining by depositing BUSD-T (USDT based on BSC), and liquidity mining will increase in the second to fourth weeks. Users provide LAYER on pancakeswap Liquidity can participate in mining.

The number of releases in the first month is as follows:

What is layer

Layer protocol is a money market smart contract which supports all kinds of BEP-20 standard token assets. Users can deposit any BEP-20 token in the contract and gain interest yield from borrowers. Matching the demand of borrowing, users need to deposit supported assets as collateral before lending money from Layer.

Layer has many advantages compared to mainstream competitors:

Widely adopted all kinds of BEP-20 standard token assets.

Risk isolated among difference pools.

Creating the ability to go margin short on a large variety of tokens.

Fair launch with no pre-mining.

Founctions

A.Lending
Users can deposit their assets in the following steps:

a.Access to https://app.layer.cash , connect with your wallet.(BSC MetaMask setup guidance).

b.Selected a specific market in the top list.

c.Choose the assets which you want to deposit and then click the ‘Approve’ button.

d.While the assets are approved, you may click the ‘Deposit’ button and finish the whole process.

B.Borrowing
Layer protocol allow users to deposit assets as collateral and borrow other assets against this in the following steps:

a.Deposit assets with the upon process.

b.Enable your deposit assets as collateral.

c.Click the ‘Borrow’ button on the right side of the assets list and input the amount of money you needed. (Be aware of the liquidity risk and keep your borrow balance quite a distance from the borrow limit.)

C.Liquidation
While the collateral assets’ price dropped, it would make the borrower’s collateral value less than the unpaid debt balance. Under those conditions, borrower’s collateral assets will be listed on the liquidation list. Anyone can repay the debt and get 10% volume of the debt as incentive rewards which are paid by the borrower.

D.Mine

a. Deposit mining

Save the token from the wallet into layer to get L_ Token, and then L_ The token is mortgaged to the ore pool for mining.

b. Liquidity mining

Token Economic

A.Token info

Token symbol: LAYER

Fully diluted: 100 million

Contract address: https://www.bscscan.com/token/0x11d4b86559362caf5fd0e05660cba4d3adcb42ed

B.Token functions

$LAYER token holders will be able to participate in protocol governance via off-chain votes. Various parameters(collateral ratio, close factor & etc.) could be changed by governance vote.

C.Distribution methods
$LAYER will be launched with no pre-mining and eventually fully controlled by the DAO( 80% of the total supply). The remaining 20% will be allocated to eco funds (10%) and core dev team incentives (10%). The full dilution duration will be 4 years with the following details.

In the second week, the $layer-busd is stored in the flow pool of pancakeswap through layer, and the LP is obtained and stored in the pool of layer for mining

As a super lending platform, layer absolutely has the strength to work in DeFi.

According to the official mediun, The Layer Protocol is a DeFi loan agreement supporting all currencies, and it is the first step for Layer Labs to make the layout of the DeFi ecology. The vision of Layer Labs is to build an ecological framework based on Layer, link and build a complete DeFi ecosystem and promote the implementation and future planning of decentralized finance.

Layer has unlimited potential. We should pay more attention to it. Those who are interested can learn about it !

Web:https://layer.cash/

Twitter：https://twitter.com/layerdotcash

Telegram：https://t.me/layerofficial

Medium：https://layerofficial.medium.com/

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published 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.

Press Release

Vietnam Visa For Greek, Irish, Iceland, Indian, Hungarian Citizens

Published

13 mins ago

April 27, 2024

Cloud PR Wire

VIETNAM VISA FOR GREEK CITIZENS

With the exception of citizens from visa-exempt countries, almost all individuals from these nations have to get a Vietnam visa prior to their trip to Vietnam. Verify if your name appears on the list of individuals exempt from needing a visa to travel to Vietnam, or if it does not. If you intend to spend fewer than 30 days in Vietnam on one visit, you will need to obtain a Vietnam e-visa. Citizens from Greece and nationals of 80 other countries are eligible to submit an application for a Vietnam e-visa. Greek residents have the option to acquire a Vietnam E-visa. Citizens of Greece have the option to request a one-month, single-entry electronic visa for purposes including business, tourism, employment, studies, and training. The online Vietnam Visa application form for Greek people can be completed in as little as ten minutes. On the passport page, applicants must include personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR GREEK CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.

VIETNAM VISA FOR HUNGARIAN CITIZENS

Except for citizens of specific countries, all foreigners need to get a visa for Vietnam prior to traveling there. Verify whether your name is included in the list of individuals exempt from requiring a visa for entry into Vietnam, or if you are required to go through the visa application process. If you plan to stay in Vietnam for less than 30 days on one visit, you will need to request a Vietnam e-visa. Citizens of Hungary, along with people from 80 other countries, have the option to apply for a Vietnam e-visa. Citizens of Hungary are eligible to obtain an electronic visa (E-visa) for Vietnam. Hungarian passport holders can obtain a one-month E-visa for single entry for different reasons such as business, tourism, work, study, and training. The online Vietnam Visa application form for Hungarian people can be completed in as little as ten minutes. On the passport page, applicants must include personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR HUNGARIAN CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.

VIETNAM VISA FOR ICELANDIC CITIZENS

Everyone from those countries needs to get a Vietnam visa before going to Vietnam, except for citizens of visa-exempt countries. Verify if your name is included in the list of individuals exempt from obtaining a visa for entry into Vietnam, or if you are required to request one. If you plan to stay in Vietnam for less than 30 days with one entry, you will need to request a Vietnam e-visa. People from Iceland and 80 other nations are eligible for a Vietnam e-visa. Icelandic nationals have the option to acquire an electronic visa to enter Vietnam. Icelandic passport holders can apply for a one-month, single-entry E-visa for different reasons such as business, tourism, work, schooling, and training. In as little as ten minutes, Icelanders can complete the online Vietnam Visa application form. On the passport page, applicants must include personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR ICELANDIC CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.

VIETNAM VISA FOR INDIAN CITIZENS

Vietnam implemented its e-Visa program in February 2017, streamlining the conventional visa application process. Individuals from 80 nations, including India, have the convenience of applying for and receiving e-Visas through online channels. Introduced in 2017, the Vietnam E-visa is an online visa that permits a stay of up to 30 days in Vietnam. The Vietnam E-visa can be used for tourism, business, education, family visits, investment, journalism, and labor activities. People from India need to know that the eVisa is not appropriate for extended or permanent undertakings in Vietnam. Tourists from other countries planning to have a long stay in Vietnam need to request a visa from a Vietnam Consulate or Embassy. The Vietnam E-visa is accepted at all international airports in Vietnam. At the port of entry, the authorized E-visa must be produced. Once the Vietnam E-visa is granted, visitors must print at least one copy of the Vietnam E-visa to submit at the border in order to secure expedited entrance into the nation with the granted Vietnam Evisa. Eligible Vietnam E-visa countries can apply for an authorized Vietnam electronic travel visa by completing a simple application form.

Requirements For Vietnam Visa

Passport valid for at least 6 months from the arrival date in Vietnam
Biographical passport page image
Traveler’s photograph, passport-style
The address where the traveler intends to stay in Vietnam.
You can use a valid debit or credit card to pay the Vietnam E-visa application fee.
You need a valid email address to receive the eVisa in their Inbox.

VIETNAM VISA FOR IRISH CITIZENS

All travelers visiting Vietnam need a visa, unless their country has a visa-free travel agreement. Before heading to Vietnam, make sure to verify whether your name is included in the list of individuals who do not require a visa or if you will need to apply for one. Citizens of Ireland are eligible to request a Vietnam E-visa. Citizens of Ireland, along with individuals from 80 other nations, have the option to visit Vietnam using e-visas. Irish citizens are eligible to apply for a one-month single entry E-visa for purposes such as tourism, work, business, and education.In as little as ten minutes, Irish nationals can complete the online application form for a Vietnam visa. Applicants must submit information on their passport page, including personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR IRISH CITIZENS

Passport valid for at least 6 months from the arrival date in Vietnam
Biographical passport page image
Traveler’s photograph, passport-style
The address where the traveler intends to stay in Vietnam.
You can use a valid debit or credit card to pay the Vietnam E-visa application fee.
You need a valid email address to receive the eVisa in their Inbox.

About Author

Cloud PR Wire

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Press Release

Vietnam Visa For Italian, Japanese, Kazakhstan, Korean, Latvian Citizens

Published

13 mins ago

April 27, 2024

Cloud PR Wire

VIETNAM VISA FOR ITALIAN CITIZENS

Tourists need to get a visa prior to arrival in Vietnam, unless they are citizens of visa-exempt countries. Ensure that your name is included in the list of individuals exempt from requiring a visa when visiting Vietnam. If that’s not the case, you must request a visa. Italian residents have the option to request an e-visa for Vietnam. Residents of 80 nations, Italy included, are eligible to acquire electronic visas for Vietnam. Italian nationals holding valid passports are eligible to obtain a single-entry E-visa for up to one month for a range of purposes including tourism, business, work, or study. Italians can complete the online application form for a Vietnam visa in as little as ten minutes. Applicants must submit information on their passport page, including personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR ITALIAN CITIZENS

Passport valid for at least 6 months from the arrival date in Vietnam
Biographical passport page image
Traveler’s photograph, passport-style
The address where the traveler intends to stay in Vietnam.
You can use a valid debit or credit card to pay the Vietnam E-visa application fee.
You need a valid email address to receive the eVisa in their Inbox.

VIETNAM VISA FOR JAPANESE CITIZENS

Entry into Vietnam necessitates visas, except for citizens from countries exempt from this requirement. Ensure that your name is included on the list of individuals who do not require a visa, or if necessary, apply for one before traveling to Vietnam. Citizens of Japan have the option to request an electronic visa for travel to Vietnam. Entry to Vietnam with e-visas is allowed for Japanese citizens and residents of 80 other nations. Japanese citizens are eligible to get a single-entry E-visa for a duration of one month for different reasons including travel, work, and education. Japanese residents have the option to complete an online visa application for Vietnam in just ten minutes. Applicants must submit information on their passport page, including personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR JAPANESE CITIZENS

Passport valid for at least 6 months from the arrival date in Vietnam
Biographical passport page image
Traveler’s photograph, passport-style
The address where the traveler intends to stay in Vietnam.
You can use a valid debit or credit card to pay the Vietnam E-visa application fee.
You need a valid email address to receive the eVisa in their Inbox.

VIETNAM VISA FOR KAZAKHSTAN CITIZENS

All individuals traveling to Vietnam are required to have a visa, unless they are citizens of countries with mutual visa-free agreements. Before heading to Vietnam, make sure to thoroughly examine whether you are eligible for visa exemption or if you need to apply for one. Individuals from Kazakhstan have the option to apply for an E-visa (Electronic visa) for Vietnam. E-visas for Vietnam can be accessed by citizens of 80 countries, Kazakhstan included. Individuals with a passport from Kazakhstan are eligible to apply for a one-month single entry E-visa for purposes such as tourism, work, business, and education. In as little as ten minutes, citizens of Kazakhstan can submit an online visa application for Vietnam. Applicants must submit information on their passport page, including personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR KAZAKHSTAN CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.

VIETNAM VISA FOR KOREAN CITIZENS

Travelers going to Vietnam need to get a visa in advance, unless they are from countries that are exempt. Before going to Vietnam, verify if you are eligible for a visa exemption or if you need to obtain a visa. Citizens of Korea are eligible to apply for a Vietnam E-visa. Citizens of Korea and nationals from 80 other countries can apply for e-visas to Vietnam. Citizens of Korea are eligible to request a one-month single entry E-visa for various purposes such as tourism, work, business, and studying. Korean residents have the ability to finish the online application for a visa to Vietnam in just ten minutes. Applicants must submit information on their passport page, including personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR KOREAN CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.

VIETNAM VISA FOR LATVIAN CITIZENS

Tourists traveling to Vietnam must get a visa before they can visit, unless they are from countries that do not require a visa. Before heading to Vietnam, ensure that you are either on the visa-required list or qualify for an exemption. Citizens of Latvia have the option to acquire an electronic visa for traveling to Vietnam. People from Latvia and 80 other nations are eligible to request an electronic visa for Vietnam. People with Latvian passports can request a single-entry E-visa for one month for various purposes like travel, work, business, and education. Latvian citizens can finish the online Vietnam visa application form in just ten minutes. Applicants must submit information on their passport page, including personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR LATVIAN CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.

About Author

Cloud PR Wire

See author's posts

Press Release

Vietnam Visa For Micronesia, Finnish, French, Georgian, German Citizens

Published

13 mins ago

April 27, 2024

Cloud PR Wire

VIETNAM VISA FOR MICRONESIAN CITIZENS

In compliance with the immigration regulations of the country, every nationality, except those from visa-exempt countries, must obtain a visa prior to traveling to Vietnam. Before traveling to Vietnam, make sure to confirm if you are eligible for a visa waiver to enter the country or if you need to apply for one. Apply for an eVisa for a one-time visit to Vietnam lasting no more than 30 days. People from 80 nations, Micronesia included, are eligible for a Vietnam eVisa. Micronesians have the option to request an electronic visa (e-Visa) for Vietnam. Micronesians who possess valid passports can request a one-month single-entry e-Visa for purposes such as tourism, business, work, education, and training. The online Vietnam Visa application form for Micronesian people can be completed in as little as ten minutes. On the passport page, applicants must include personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR MICRONESIAN CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.

VIETNAM VISA FOR FINNISH CITIZENS

All travelers to Vietnam must obtain a visa, unless they are from countries where visas are not necessary. In order to not need a visa, it is important to check if you meet the criteria for the Vietnam visa exemption. Request an electronic visa for a solo visit of 30 days to Vietnam. Finns, along with people from 80 other countries, can obtain the Vietnam e-Visa. Finnish residents have the option to visit Vietnam by obtaining an electronic visa (e-visa). Finnish citizens are eligible to request a one-month single entry E-visa for purposes like tourism, business, employment, education, and instruction. The online Vietnam Visa application form can be completed in as little as ten minutes by Finnish citizens. On the passport page, applicants must include personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR FINNISH CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.

VIETNAM VISA FOR FRENCH CITIZENS

With the exception of individuals from visa-exempt countries, nearly all citizens worldwide must secure a visa prior to traveling to Vietnam in accordance with immigration regulations. Before going to Vietnam, ensure that your name is included in the visa-exempt list. If not, you must obtain a visa initially. Submit an application for a single-entry Vietnam e-visa, allowing a visit of up to 30 days in Vietnam. French nationals and 80 other countries’ citizens are eligible for a Vietnam e-visa. Citizens of France are eligible to get an electronic visa for Vietnam. Individuals holding a French passport are eligible to request a one-month, single-entry E-visa for various purposes such as business, leisure, employment, studying, and training. The online Vietnam Visa application form can be completed in ten minutes or less by French people. On the passport page, applicants must include personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR FRENCH CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.

VIETNAM VISA FOR GEORGIAN CITIZENS

With the exception of citizens from visa-exempt countries, nearly all people from other nations need to get a Vietnam visa prior to traveling to Vietnam. Ensure to confirm whether your name is listed as exempt from needing a visa or if you need to acquire one before going to Vietnam. Request a Vietnam e-visa for a single visit to Vietnam with a stay of up to 30 days. Citizens of 80 countries, including Georgia, have the option of obtaining a Vietnam e-visa. Georgians have the option to request an electronic visa for entry into Vietnam. Georgian passport holders may apply for an E-visa with a single-entry period of one month for a variety of purposes such as business, pleasure, work, education, and training. Georgians can complete the online Vietnam Visa application form in as little as ten minutes. On the passport page, applicants must include personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR GEORGIAN CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.

VIETNAM VISA FOR GERMAN CITIZENS

With the exception of residents from visa-exempt countries, individuals from most countries are required to obtain a Vietnam visa prior to arrival in Vietnam. Verify if your name is included in the roster of individuals exempt from needing a visa when visiting Vietnam. In order to stay in Vietnam for under 30 days on a single entry, you need to request a Vietnam e-visa. Citizens from Germany and 80 other nations are eligible to apply for a Vietnam e-visa. German nationals have the option to acquire a Vietnam E-visa (Electronic visa). German residents have the option to request a one-month single-entry E-visa for purposes such as business, tourism, employment, education, and training. The online Vietnam Visa application form for German people can be completed in as little as ten minutes. On the passport page, applicants must include personal information, contact information (email and address), and employment information.

REQUIRED DOCUMENTS FOR GERMAN CITIZENS

Possess a passport valid for 180 days on their arrival date in Vietnam.
Share digital copies of their passport’s biographical page and a recently taken ID photo.
Supply a debit or credit card to pay the processing fee for their electronic visa.
Have their travel itinerary ready.
A valid Email address where notifications and the approved e-Visa will be sent.