Connect with us

Press Release

“Algorithm + Credit” Rebuild the Value Foundation of DeFi

Published

5 years ago

on

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 have been exploring stable currency. According to CryptoQuant data, stabilecoin holdings on global crypto exchanges hit a 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, the current daily trading volume of all stable currencies is about $118.340 billion. Also, CoinMarketCap shows there are 16 mainstream stable currencies 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 the 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 the 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 currencies are illusory in a sense.

Will algorithmic stable currencies finally fail?

Now let’s take a look at the development process of algorithmic stable currencies, known as the holy grail of cryptocurrency. From stable currency1.0 represented by AMPL, stable currency2.0 represented by Basis Cash to stable currency 3.0: Frax Finance, 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 uses Rebase 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 crypto price rises, 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 has 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 the 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.

Finance FX 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 to 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 that 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 is still stuck in the algorithm.

Crypto Credit Network (CCN)

In the 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 a 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 a 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 mechanisms. 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. The 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 a stable currency can not only solve the above problems but also effectively avoid legal risks in the process of the transaction.

As it should be, the integration of GaeaCoin ecology and OxySwap not only lay 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 dares 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 GASH (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 to 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!

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.

See author's posts

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.

Related Topics:
Continue Reading

Press Release

Houston Residents Urged to Know Their Locksmith Options Before a Crisis Hits

Published

5 hours ago

on

September 14, 2026

By

Right Away Locksmith, a 24/7 Houston-based locksmith company owned by Chavah Rachel Rottman, is highlighting that not all locksmith services are the same — emergency, residential, commercial, and automotive locksmith work each require different skills and tools. The release uses this distinction as its news hook, explaining how choosing the wrong type of help during a lockout can cost people time and money. It features a quote from Rottman urging residents to understand these service categories before an emergency happens, then walks through what each category covers. The release closes with a direct call to action: save the company’s number now and call 832-850-5261 for round-the-clock help. It wraps up with standard boilerplate, contact details, and SEO metadata optimized around “Houston Locksmith,” “Emergency Locksmith,” and “24/7 Locksmith.”

Houston, Texas, United States, 14th Sep 2026 – Not every locksmith call is the same, and Houston-area residents are being encouraged to understand the different types of locksmith services available before an emergency strikes.

For homeowners, drivers, and business owners across Houston, a lockout can happen at the worst possible moment, and not every locksmith call resolves it the same way. Emergency lockouts, rekeying, commercial access systems, and automotive key replacement each require different tools, training, and response times, yet many callers do not realize these fall under different service categories until they are standing outside a locked door at 2 a.m. In a city the size of Houston, where residents commute long distances and businesses often operate outside standard hours, knowing who to call, and why, can make the difference between a five-minute fix and an hours-long ordeal.

“Most people do not think about what kind of locksmith they need until they are already locked out,” said Chavah Rachel Rottman, Owner of Right Away Locksmith. “Knowing the difference between an emergency locksmith, a residential locksmith, and an automotive locksmith can save people time, money, and a lot of stress when something goes wrong. A general handyman or an unlicensed provider often cannot handle the specialized tools that modern locks and vehicle key systems require.”

Right Away Locksmith serves the greater Houston area around the clock, offering emergency lockout assistance, residential rekeying and lock installation, commercial access and hardware services, and automotive key and fob solutions. Understanding the different types of locksmith services available helps residents choose the right response for the situation, since a home lockout calls for a different skill set than a broken key in an ignition or a commercial door hardware failure. Residential work typically involves rekeying, deadbolt installation, and lock repair after a break-in or lost key. Commercial locksmith work covers master key systems, access control, and hardware for offices and retail spaces. Automotive locksmith services, meanwhile, require specialized equipment to cut and program transponder keys and fobs for late-model vehicles. Emergency locksmith service overlaps with all three categories, since a lockout, a broken key, or a failed lock can happen at a home, a vehicle, or a business at any hour. The company’s technicians are dispatched 24/7, with response times built around genuine emergencies rather than scheduled appointments.

Houston residents are encouraged to save a locksmith’s number before an emergency happens, not after. Anyone locked out of a home, vehicle, or business in the Houston area can call Right Away Locksmith at 832-850-5261 for immediate assistance, day or night.

About Right Away Locksmith

Right Away Locksmith is a Houston-based locksmith service providing emergency, residential, commercial, and automotive locksmith solutions 24 hours a day, seven days a week. The company is committed to fast, reliable response times and transparent service for customers across the greater Houston area.

Media Contact

Chavah Rachel Rottman Right Away Locksmith Serving Houston, TX Hours: Open 24/7 Phone: 832-850-5261 Website: https://rightawaylocksmith.com 

Media Contact

Organization: Right Away Locksmith

Contact Person: Chavah Rottman

Website: https://rightawaylocksmith.com

Email: Send Email

Contact Number: +18328505261

Address: Serving Houston Area Residents and Businesses

City: Houston

State: Texas

Country: United States

Release id: 49054

The post Houston Residents Urged to Know Their Locksmith Options Before a Crisis Hits 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

file

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

PopDEX Surpasses $61M TVL and $2B Trading Volume in Closed Beta

Published

6 hours ago

on

September 14, 2026

By

Singapore, Singapore, September 14th, 2026, Chainwire

PopDEX a trader-first perpetual decentralized exchange, has surpassed $61 million in total value locked (TVL) and $2 billion in cumulative trading volume during its Closed Beta, as the perpetual decentralized exchange builds early traction ahead of broader market expansion. The platform now supports 66 trading pairs spanning major cryptocurrencies, RWA-related markets, and emerging assets.

The milestones provide an early indication of trading activity and liquidity developing on PopDEX while access remains in Closed Beta. The platform has used this period to test its market structure under live conditions, gather feedback from traders and liquidity providers, and expand the range of markets available through its onchain trading environment.

“Closed Beta was meant to tell us whether traders would actually use what we were building, and $2 billion in trading volume gives us a pretty clear answer,” said Zach Prater, Head of Traders at PopDEX. “The more important part now is what we learn from that activity. Traders are telling us where they want deeper markets, faster execution, and better tools, and we’re using that feedback to shape PopDEX before we open it more broadly.”

PopDEX is building around a CLOB-based market structure designed to support professional liquidity provision while maintaining a responsive trading experience for individual users. Through block batch processing and intra-block transaction ordering, the platform targets approximately 100–150ms execution responsiveness under normal conditions. More frequent index-price and mark-price updates have also been introduced to support liquidation monitoring, conditional orders and risk management, while the platform continues to test liquidation and ADL scenarios under extreme market conditions.

Market coverage has expanded alongside the underlying trading infrastructure. PopDEX has added crypto, RWA-related and community-driven markets throughout Closed Beta, most recently introducing perpetual contracts for PONS, CASHCAT and MARSCOIN in response to interest around Robinhood Chain and BNB Chain assets. Further market expansion is planned as PopDEX develops broader global asset exposure.

Closed Beta has also served as a live development environment. Feedback from traders and API users has informed improvements across account access, deposits and withdrawals, position management, risk visibility and API execution. PopDEX is now extending that work toward a more trader-friendly mobile experience through H5 browser support and a dedicated mobile app.

The platform is also experimenting with how trading incentives are structured. Its third Closed Beta reward distribution recognized early traders and community contributors, with the highest reward in the latest round exceeding $3,300 for a single address, based on public community receipts. PopDEX’s Meme Gang War, running from September 7 to September 21, adds another approach by determining the winning side according to the proportion of eligible participants achieving positive PnL rather than trading volume alone.

PopDEX’s Closed Beta development follows a $30 million strategic seed investment led by Foresight Ventures in May 2026, supporting liquidity, trading depth, product development and global market expansion. PopDEX is also working with ecosystem partners including Bitget Wallet to reduce friction for users accessing onchain perpetual markets.

As Closed Beta progresses, PopDEX will continue focusing on deeper liquidity, additional markets, execution infrastructure and greater access across devices. The longer-term goal is to build an onchain derivatives venue where crypto and broader global markets can be traded with the market depth, execution and risk infrastructure required by active and professional traders.

About PopDEX

PopDEX is a trader-first perpetual decentralized exchange focused on capital efficiency, professional trading experience, transparent market structure and value return for active contributors. PopDEX is building an onchain trading venue spanning crypto, RWA-related markets and broader global asset exposure.

For more information:

Website: https://popdex.xyz/

X: https://x.com/popdex_

Contact

Gabi Zhou
gabi@popdex.xyz

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

Pleume Paris Launches the World’s First Hands-Free Hair Dryer with Patented Three-Mode Convertible Design

Published

6 hours ago

on

September 14, 2026

By

Pleume Paris has launched the Pleume, a patented hair dryer with handheld, freestanding, and wall-mounted modes via a detachable magnetic handle; designed to let users dry and style their hair completely hands-free.

LOS ANGELES, CALIFORNIA, UNITED STATES, 14th Sep 2026 — Pleume Paris announces the launch of Pleume, described by the company as the world’s first hands-free hair dryer. With a convertible and detachable magnetic handle, the dryer converts between handheld, freestanding, and wall-mounted operating modes, allowing users to dry and style their hair with both hands free to multitask or relax.

 

“Women have endured the 30-minute overhead arm workout for decades, because hair dryer designs haven’t fundamentally changed in that time,” said Jenson Lee, co-founder of Pleume Paris. “Pleume delivers salon-class airflow from a dryer that stands hands-free on your counter or mounts on your wall. It’s truly the first dryer that dries and styles your hair while your hands are free to send emails, do makeup, scroll your phone, or just relax after a long day. Cars now drive themselves; it’s about time hair dryers caught up.”

The design is fully patented, protected under U.S. Patent No. 12,376,659 with U.S. Design Patent Nos. D932,691S and D932,6912S. Pleume Paris states that there are no other hair dryers on the market that offer any remotely similar convertible handle designs, let alone hands free drying use, in a reasonable, convenient size.

One of Pleume’s primary goals is alleviating the pain and hassle of having to manually hold traditional hair dryers to dry hair, and the problem is well documented. Hairdressers, who dry and style hair all day, are one of the most studied groups for shoulder pain. The research points at one main cause: working with arms raised for prolonged periods of time. Studies have found that as many as 6 in 10 hairdressers experience shoulder pain in a given year, and that the longer and higher the arms stay up, the worse the pain gets. Doctors also list holding up arms for strenuous tasks such as manual hair drying over long periods of time as a leading cause of shoulder impingement, a common and painful shoulder condition. 

Pleume’s freestanding and wall-mounted applications take this strain out of hair drying entirely.

A survey of 2,000 adults conducted by hair care brand Gee Hair found that women spend an average of approximately six and a half hours per week on hair care — more than 330 hours per year, the equivalent of two full weeks a year; an entire year’s worth of vacation. A separate survey conducted by the Today show and AOL similarly found that women’s daily hair and makeup routines total roughly two full weeks per year. 

Pleume aims to give every one of those precious hours back as well as offering a seamlessly premium and weightless styling experience.

Pleume is built on the same high-speed brushless motor class and negative ionic technology used in leading premium dryers, housed in a compact aluminum body rather than the typical hard plastic. A detachable cord allows the unit to stand upright on a counter, and the dryer packs into an included leather travel case. It is currently available in two finishes, Amber and Blush, and ships across North and South America through pleumeparis.com with a two-year warranty and a 30-day money-back guarantee.

Pleume Paris introduced the product at CosmoProf North America in Las Vegas in July 2026, where it exhibited to retailers and international distributors.

 

 

About Pleume Paris

Pleume Paris is a French-American beauty technology brand designing tools that are optimized for real life and everyday use. Its first product, Pleume, is the world’s first hands-free hair dryer: fully patented, designed in Paris, and built for people who would rather spend their mornings and evenings living rather than holding a dryer. Learn more at https://pleumeparis.com.

Media Contact

Organization: Pleume Paris

Contact Person: Jenson Lee

Website: https://www.pleumeparis.com

Email:
support@pleumeparis.com

Country: United States

Release id: 48904

The post Pleume Paris Launches the World’s First Hands-Free Hair Dryer with Patented Three-Mode Convertible Design 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

file

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us