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Gaeacoin: Can “Algorithm + Credit” Rebuild the Value Foundation of DeFi?

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4 years ago

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Defi still has higher attention with rapid technological innovation and continuous expansion of application scope, The goal of DeFi is undoubtedly to build a more effective,free and transparent financial ecology. However, finance always develops with money and brings value exchange. Therefore, whether it is a decentralized scenario or a mass application toward reality in the future, stable cryptocurrency is crucial for users, so as to realize the dream of making virtual ideas become reality.

For this reason, in the field of cryptocurrency,many teams has been exploring stable currency. According to CryptoQuant data, stabilecoin holdings on global crypto exchanges hit an high record of $9.8 billion as of March 28, 2021. At the same time, the total stable currency market capitalization once topped $80 billion, according to CoinGecko,  current daily trading volume of all stable currencys is about $118.340 billion. Also, CoinMarketCap shows there are 16 mainstream stable currencys now.

The stable currency is illusory?

In general, both USDT and DAI are still on their way and haven’t really achieved the goal of “stable currency”. Tether’s White Paper said:”Tether is a decentralized cryptocurrency, but we are not a perfectly decentralized company. We store all of our assets as a centralized pledge.” Therefore, USDT is just borrowing the name of cryptocurrency, but it is not really decentralized.

DAI, developed by MakerDao, is the largest decentralized stable currency on Ethereum. It is issued with the guarantee of the full amount of assets on blockchain. It is only generated in the application scenario based on the mortgage, and the market value of the mortgage assets is the ceiling of it. Therefore, these stable currencys are illusory in a sense.

Will algorithmic stable currencys finally fail?

Now let’s take a look at the development process of algorithmic stable currencys, known as the holy grail of cryptocurrency. From stable currency1.0 represented by AMPL,stable currency2.0 represented by Basis Cash to stable currency3.0: FraxFinance, all of them have gone through a period of growth. However, the stable currency reality is that we live under the sense of “ever-changing”, and stable value is still in the ideal.

AMPL algorithmic stable currency is used to increase or decrease the supply of AMPL in order to keep the price of AMPL around $ 1. AmpleForth usesRebase operation to change the AMPL held by all users as a whole. The Rebase price is based on the average price of the past 24 hours. When this price is above $1.05, the AMPL balance in all users’ wallets increases simultaneously. At prices below $0.95, all users’ AMPL balances decrease simultaneously. During this process, the percentage of AMPL held by users in the supply does not change. It looks like everything is fine on its own, but when the price of cryptos falls to the point where deflation is needed, both the quantity and price of coins held by users are falling, so users face a double whammy.

So it’s easy to create a death spiral. Similarly, when cryptos price rise, it is easy to create an upward death spiral. Thus it can be seen that this price model only has two possibilities: the price continues to fall, get into the infinite death circle and leave the market, and the price rises steadily to around 1USDT; Prices rising, the AMPL have been printing (dividend), AMPL reserve disappeared, crypto began to value return,people in loss cannot gain AMPL, prices will fall back near 1 USDT (need funds continue getting into market), so it is difficult to see AMPL achieve speculation, meanwhile achieve stability, And stability is a necessary condition for a stable currency.

Basis CASH, as represented by 2.0, includes three tokens, Basis Cash (BAC), Basis Share (BAS) and Basis Bond (BAB), among which BAB is non-transferable. The BAC is the stable currency, anchored to $1; BAS is an equity token, and newly minted BAC tokens can be allocated. BAB is a bond. There is nothing wrong with Basis Cash based on the algorithm itself, but without a good application scenario, relying on the debt market itself is dangerous. There is actually a problem with debt financing in traditional markets, where those “too big to fail” entities can take on the risk of impunity through socialized bailout costs. It is entirely possible that Basis Cash could go into a debt spiral, in which case there would be no willing contributors, the debt would accumulate and the protocol would collapse.

FinanceFX is the first partial algorithmic stable currency project, adding the concept of using “partially stable” as a collateral asset to the existing algorithmic stable currency. There are two types of tokens in Frax, the stabilization token Frax and the governance token FXS. Frax costs USDC and FXS, but only USDC during creation. The initial mortgage rate is 100%, that is, all USDC mortgage is used to cast FRAX. After that the mortgage rate will be adjusted every hour. If the price of FRAX is more than $1, the mortgage rate will be reduced and FXS ‘share in it will be increased. Raise the mortgage rate if the Frax falls below $1. The mortgage rate is adjusted every hour by 0.25% each time. But its high mortgage ratio leads the lack of user appeal, its currency numbers and market supply have been stagnant.

Although the above three generations of stable currencies seem to be making breakthroughs and innovations, they do not give a satisfactory answer on how to solve the credit problem. However, algorithm stable currency who cannot solve the credit problem is useless. Bitcoin came into being to solve the problem of credit, but the stable currency, as an important extension of its development, has not inherited the legacy of credit, and still stuck in algorithm.

Crypto Credit Network (CCN)

In financial field, credit is the foundation and the lifeblood. This is true of both traditional and modern financial systems. In the traditional financial system, credit mainly relies on the guarantee of laws and institutions. Apart from the high operation cost, the “credit crisis” gradually exposed by financial intermediaries is the fundamental reason why people urgently embrace the blockchain technology. Algorithm stable currency is going to help cryptos solve the credit problems, guaranteeing machine credit by algorithm, which does not rely on third party subjective will and makes transaction transparent, efficient, reliable and stable, let people who do not have to establish credit relationship between each other to achieve cooperation and free trading, reduce the cost of credit.

However, the world of blockchain cryptocurrency is a chaotic existence without role name. To change from chaos to brightness, each individual needs to have his or her own identity, so that we can obtain the faith like phoenix nirvana. The CCN gives each individual a unique CID (Crypto Identification), which is the most basic rule in the Crypto world. To build a new crypto world of order, autonomy and equality.

The construction of CCN not only takes blockchain technology as support, but also has reasonable economic incentive mechanism. Reasonable use of incentive mechanism is an effective means to stimulate all parties to participate in the construction of CCN.

A sound incentive mechanism, reasonable mechanism design from the perspective of leading efficiency and fair governance, can make the value generated by credit information flow effectively to the value provider in the blockchain world, punish the evil behavior, and resolve the conflict between individual interests and collective interests. It makes the individual’s behavior of pursuing individual interests unified with the goal of maximizing collective value.

Therefore, CCN can further clarify the economic interests of each participant and the overall interests of the network, so as to fully mobilize the enthusiasm of each participant and guarantee great development of CCN from the source.

The CCN consists of three different identities: Creator, Guardian and Angel,all of them have established screening mechanism. Only firm believers can obtain the CCN identity. Early believers are required to contribute to maintaining the stability of early CCN by burning GAC tokens. Therefore, they are not only holders of Gaeacoin, but also determined preachers and builders. When Gaeacoin issues additional shares, it will also receive a corresponding percentage of GAC tokens as a reward.

The establishment of this system aims to provide every Gaeacoin participant with the opportunity to contribute to the community construction, and to create a healthy crypto community culture of dedication and autonomy through consensus, symbiosis, co-construction and sharing.

In CCN, although the identity is different, the residents on the chain of CCN build the initial transaction link according to their CID address, and constantly expand CCN on the chain. Open CID needs to be recommended by the network resident, once the link is formed, it cannot be changed forever. Each of the three different identities requires a different number of GAC tokens to burn, which can be viewed on the Gaeacoin network. Gaeacoin network residents have different rights according to their status.

The integration with the DEX : Oxyswap has pioneered a full range of applications

There is a natural interdependence between exchange and stable currency. Exchange has always been an important part of crypto digital asset market, and it is also the first application place of stable currency. Like Binance with BUSD and Huobi with HUSD, OKEx also launched USDK on June 3, 2019. Traditional CEXs are fiat currencies, where fiat currencies are exchanged for cryptos. If you want to buy crypto digital assets, you need to top up fiat currency, which undoubtedly increases the economic and time costs of investors in the process of exchange. The emergence of stable currency can not only solve the above problems but also effectively avoid legal risks in the process of transaction.

As it should be, the integration of Gaeacoin ecology and Oxyswap not only lays a solid foundation for stable currency: GAC token application, but also creates opportunities for it to open up more and wider application scenarios.

Oxyswap is a decentralized exchange running on the BSC with a collection of DEX liquidity mining, which offers functions of exchange, liquidity, market making and so on. The strength of Oxyswap guarantees the usages of the stable currency: GAC.

GAC will lead a brighter way

Gaeacoin algorithm stable currency:GAC dare to face the challenge, According to the industry news, GAC praises is not only relatively stable from the concept, but also to really put into application. In addition to GAC (Gaeacoin), Gaeacoin ecology also includes GAB(Gaeacoin Bond) and GAASH (Gaeacoin Share), which serve to maintain the stability of GAC. Gaeacoin Ecology also integrates Gaeacoin protocol, algorithm, robustness, price response, encryption and other technologies, superposed with the DeFi ecology of Crypto Credit Network (CCN), Oxyswap(DEX) and so on, providing a realistic solution for GAC ,and leads it move towards the real “stability”.

The integration of CCN and Oxyswap points out the direction for the application of algorithmic stable currency. In fact, we can already feel the power of the Gaeacoin algorithm stable currency, and once it is used at a large scale, the ideal stable currency is expected to arrive ahead of time. DeFi will also build on this basis, using currency, lending, spot trading and other components to build continuously upgraded Lego of DeFi.

Gaeacoin’s move directly challenges the world’s centralized stable currency giants such as USDT and USDC, but compared to the previous challenges of AMPL, BAC and FRAX, this well-prepared challenge looks more anticipated!

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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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Press Release

United Network Redefines Self-Custody with a Next Gen Cold Wallet

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2 hours ago

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November 9, 2025

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United Network Wallet at TOKEN2049 in Singapore might be the biggest crypto festival to date! As their team takes a moment to unwind and reflect, they are sharing some quick highlights from United Network’s journey at the event.

For more than a decade, crypto has promised financial freedom — but for most people, securely storing their digital assets still feels like a trap. Keep funds on a smartphone wallet, and one hack or malware attack can wipe everything out. Trust an exchange, and one risk’s waking up to headlines about bankruptcies or frozen withdrawals. They’ve all seen what can go wrong — from the dramatic FTX collapse to billions lost in exchange hacks each year.

In 2024 alone, over $2.2 billion worth of crypto was stolen, according to Chainalysis. The first half of 2025 already surpassed that figure, including what experts called the largest centralized exchange hack in history. If trends continue, global losses could exceed $4 billion in 2026. These numbers tell a clear story: centralized custody is not real ownership. When one’s crypto sits on an exchange, it’s not truly one’s — it’s just a number in someone else’s database.

The Hardware Wallet Dilemma: In theory, hardware wallets were designed to solve this — giving users full control of their keys. But let’s be honest: for many, setting up a traditional hardware wallet still feels like rocket science. Seed phrases, firmware updates, and confusing interfaces scare away regular users. Many investors who made millions in early Bitcoin days admit they have no idea how to safely manage or even access those funds today.

The result? People end up leaving their coins on exchanges “for convenience,” hoping for the best. But as they learned from FTX and countless hacks before and after it, convenience without control is an illusion.

United Network’s Approach: A Cold Wallet That Feels Familiar:

United Network is reimagining self-custody from the ground up — by making it as intuitive as tap-to-pay. Instead of clunky devices or cables, their hardware wallet takes the familiar form of a bank card. It’s a multichain, non-custodial cold wallet that supports native Bitcoin, Solana, EVM networks, Tron (TVM), and more.

To send, receive, or swap crypto, users simply tap the card on their smartphone, just like making a contactless payment. Behind that simplicity is serious cryptographic engineering: the private key is generated and stored only inside the card’s secure chip — and it never leaves.

According to co-founder Danylo Rumiantsev, “Each time you tap to sign a transaction, it’s verified directly by the chip — not through any server or backend. That means no data leaves your card, and no one else can access your funds.” The chip is the same kind used in certified banking systems, and communications between the phone and card are encrypted using the FIDO protocol for maximum protection.

Why Cold Wallets Matter More Than Ever

Cold wallets — meaning devices that keep private keys offline — have always been the safest way to store crypto. Unlike software wallets that can be compromised through malware or phishing, or exchanges that can collapse overnight, United Network’s Cold Wallet give’s one true ownership and sovereignty over one’s funds.

The FTX disaster was the wake-up call for millions. When the exchange froze customer withdrawals and later collapsed, billions in deposits vanished overnight. None of those users technically “owned” their crypto — the exchange did. With United Network’s approach, ownership finally means control — without needing to understand complex cryptography or hardware setup guides.

From Complexity to Simplicity: United Network’s co-founder, Danylo Rumiantsev isn’t a newcomer to hardware security. His previous work in secure product design taught them how hard it is to make security usable. When he turned his attention to blockchain, he saw the same problem: tools that promised safety but alienated normal users.

“We live in times where users want everything simple and transparent,” says Rumiantsev. “If crypto is to achieve mass adoption, people shouldn’t need to be experts to stay safe.” Watch Backstory of United Network Self Custody Cold Wallet on Video link here from Danylo Rumiantsev. That insight inspired the company’s guiding principle: combine security, self-custody, and accessibility into one elegant form factor. No cables. No apps to install. No backend servers to trust. Just a card — secure, portable, and as easy to use as one’s debit card.

A New Standard for Self-Custody United Network’s Cold Wallet isn’t just for individuals. The startup also offers white-label solutions for institutions and enterprises that want to provide secure, branded digital asset storage to their clients.

With its mix of simplicity, transparency, and independence, United Network may represent the next step in crypto’s evolution — one where security and usability finally meet.

The wallet is now available for worldwide shipping, with expanded network support and new user-friendly features planned for the coming months.

Because at the end of the day, crypto’s promise was never about speculation — it was about sovereignty. And sovereignty begins with self-custody. Click here for stay in touch with them over Twitter (X) for the latest updates from United Network Wallet including the Wallet Activation Guide shared at Token2049 Event in Singapore dated 1 & 2nd October, 2025. The United Network Wallet is a hardware NFC wallet card that lets the one securely store his assets in full self-custody.

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The post United Network Redefines Self-Custody with a Next Gen Cold Wallet appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Firenze Rentals Welcomes International Travelers Seeking Home Comfort in Florence

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2 hours ago

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November 9, 2025

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Florence continues to attract travelers from around the world who are eager to explore its art, architecture, food, and culture. Many visitors come to Florence not only to see museums and historic landmarks but to truly experience the lifestyle of the city. In recent years, there has been a noticeable shift in how travelers prefer to stay. Instead of choosing traditional hotels, more guests are now looking for accommodation that offers comfort, privacy, and a sense of home.

This shift is especially visible in the rising popularity of firenze rentals florence, where visitors book luxury apartments close to famous attractions. Travelers from the USA, Australia, and various European countries are increasingly selecting beautifully furnished apartments that allow them to feel like locals while still enjoying high-quality hospitality services. The desire for more personal and spacious accommodation has encouraged more people to look for stays that combine convenience with authentic charm.

 

 

Many travelers value having their own space where they can relax after a day of walking through museums, historic streets, and cultural sites. Luxury apartments offer separate bedrooms, comfortable living spaces, and fully equipped kitchens, making them ideal for longer stays or family trips. Guests are able to cook meals, enjoy coffee with city views, and create everyday routines in a new environment—experiences that standard hotel rooms often cannot provide. This type of stay also helps visitors create stronger connections with the city and its daily rhythm.

Firenze Rentals offers a wide variety of apartments across different areas of central Florence. Properties range from cozy studios for one or two guests to larger multi-bedroom apartments and even private villas suitable for families or groups. For example, Villa Angela offers a peaceful and spacious setting close to Florence’s highlights, while apartments near the Duomo and Ponte Vecchio provide unforgettable views and immediate access to historic streets and cultural sites. Each apartment is decorated with care, blending traditional Florentine design with modern details to ensure comfort and style.

Guests also benefit from helpful support during their stay. Firenze Rentals assists travelers with recommendations for restaurants, local activities, guided tours, and transportation options. Some guests choose to explore Florence on foot, while others enjoy curated tours that introduce hidden corners of the city. To make stays even more attractive, the company offers a special 10% discount for guests who book directly using the code “Firenzerentals.”

About Firenze Rentals

Firenze Rentals is a trusted company in Florence that focuses on providing luxury apartments designed for international travelers. The company’s mission is to offer guests a comfortable and welcoming home base as they explore the beauty and culture of Florence. With a focus on elegance, convenience, and personalized service, Firenze Rentals continues to be a trusted choice for visitors wanting a memorable and enjoyable stay in the heart of the city.

 

 

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The post Firenze Rentals Welcomes International Travelers Seeking Home Comfort in Florence appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Villa Angela Firenze Becomes the Premier Destination for Exclusive Events and Private Stays

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2 hours ago

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November 9, 2025

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Florence, Italy – Villa Angela, also known as Villa Firenze, continues to redefine luxury hospitality with its unique blend of history, elegance, and personalized experiences in the heart of Florence. Nestled in the San Niccolò district of Oltrarno, this exclusive villa has become a sought-after destination for travelers from the USA, Canada, Australia, and Europe who seek a refined and private retreat in one of Italy’s most iconic cities. Protected by the medieval walls and located just minutes from the Ponte Vecchio, Villa Angela offers an unmatched combination of accessibility, privacy, and historical charm.

 

 

Villa Angela Firenze has emerged as a symbol of refined Italian hospitality, offering guests an immersive experience that merges comfort with cultural authenticity. The villa’s unique position on the hillside at the foot of Forte Belvedere allows visitors to enjoy panoramic views of Florence, while its luxurious interiors and expansive gardens provide a tranquil oasis for relaxation and recreation. With four elegantly appointed bedrooms, spacious living areas, and meticulously maintained gardens featuring ancient roses, camellias, and irises, Villa Angela Firenze offers a setting that is both intimate and grand. Its versatile spaces accommodate private vacations, exclusive events, and high-profile gatherings, making it a distinguished choice among luxury travelers and event planners alike.

The villa has long served as a cosmopolitan gathering point, attracting a diverse clientele from across the globe. Guests can host private parties, weddings, fashion shows, exhibitions, and film shoots, all within the secure and enchanting surroundings of the property. The villa’s team works closely with visitors to personalize every detail of their stay, ensuring a seamless experience from arrival to departure. Its ability to cater to bespoke requests has established Villa Angela Firenze as a premier destination for those seeking both sophistication and discretion.

In addition to its traditional offerings, Villa Angela provides a 360-degree virtual tour, enabling potential guests to explore the property from anywhere in the world. This innovative approach reflects the villa’s commitment to merging modern technology with historical charm, ensuring that even the most discerning travelers can experience its unique ambiance before arrival. Visitors can envision themselves walking through the lush gardens, enjoying panoramic terrace views, or hosting elegant events in the villa’s versatile spaces.

About Villa Angela

Villa Angela Firenze continues to attract attention from international media and travel enthusiasts, further cementing its status as one of Florence’s premier luxury villas. Its dedication to excellence, combined with a deep respect for the city’s heritage, ensures that every guest enjoys a memorable experience marked by elegance, comfort, and exclusivity. As Florence remains a top destination for cultural tourism, Villa Angela offers an unparalleled option for those seeking privacy, sophistication, and personalized service in one of the world’s most celebrated cities.

 

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Organization: Villa Angela Firenze

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Address:Via S. Miniato, 8 – 50125 Firenze FI Italy

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The post Villa Angela Firenze Becomes the Premier Destination for Exclusive Events and Private Stays appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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