Press Release
“Algorithm + Credit” Rebuild the Value Foundation of DeFi
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
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.
Glaros Law attorney Steve Glaros was named the 2026 Honorary Mayor of East Hillsborough following a record fundraising campaign. His campaign raised $121,746.56 for three local organizations. Glaros Law attorney raised $121,746.56 for three local organizations during the annual community fundraising campaign.
Brandon, Florida, United States, 26th Sep 2026 – The Law Offices of Steven J. Glaros and Associates is announcing that attorney Steve Glaros was named the 2026 Honorary Mayor of East Hillsborough following the annual charitable fundraising campaign organized through the Valrico FishHawk Chamber of Commerce. Glaros raised $121,746.56 during the 2026 campaign, with funds benefiting High 5 Inc., Impact Program Inc., and Raining Cats and Dogs Shelter and Sanctuary. The campaign concluded in July, with the results recognizing Glaros as the 20th Honorary Mayor of East Hillsborough.
Annual Honorary Mayor Race Supports Local Charitable Organizations
The Valrico FishHawk Chamber of Commerce 2026 Honorary Mayor’s Race is a nonpolitical community fundraising initiative rather than an elected government office. Candidates participate in a monthlong campaign and select local nonprofit organizations to benefit from funds generated through campaign activities. The candidate raising the highest amount receives the Honorary Mayor title, connecting the annual program with charitable organizations serving residents and families throughout the East Hillsborough area.
Glaros participated in the 2026 campaign through a series of fundraising activities held during June. His campaign generated $121,746.56, setting a new individual fundraising record for the annual program. The proceeds were designated for High 5 Inc., Impact Program Inc., and Raining Cats and Dogs Shelter and Sanctuary, three organizations serving different needs within the surrounding community.
2026 Campaign Reaches Record Combined Fundraising Total
The 2026 Honorary Mayor race generated a combined $169,643.99 for local charitable organizations. Glaros participated alongside Chris Ciulla, whose campaign raised $47,897.43 for Forgotten Angels and ECHO. Ciulla was subsequently recognized as the program’s first Deputy Mayor, adding a new designation to the annual campaign while recognizing the fundraising accomplished by both participants.
The combined total represented a record for the Honorary Mayor program and distributed support among five charitable organizations. The campaign included multiple community fundraising events during June before the final results were announced at the program’s wrap-up gathering on July 13, 2026. Additional information about the results and participating organizations was reported in the Osprey Observer’s coverage of the record-setting Honorary Mayor campaign.
Glaros Campaign Benefits Three East Hillsborough Area Organizations
Funds raised through the Glaros campaign were directed to High 5 Inc., Impact Program Inc., and Raining Cats and Dogs Shelter and Sanctuary. The selection of three beneficiaries allowed the campaign to direct funding toward organizations working in different areas of community service while connecting the annual Honorary Mayor program with causes operating throughout the surrounding area.
Fundraising activities conducted throughout the campaign contributed to the final $121,746.56 total and ultimately resulted in Glaros receiving the 2026 Honorary Mayor designation. The campaign also contributed substantially to the overall record amount raised by the two participating candidates during the 2026 program.
Steve Glaros Becomes 20th Honorary Mayor of East Hillsborough
The conclusion of the 2026 campaign marked the selection of the 20th person to hold the Honorary Mayor of East Hillsborough title. Glaros received the designation after the final fundraising totals were calculated, continuing a community tradition centered on charitable fundraising rather than governmental responsibilities or political office. Glaros Law has also published additional information about Steve Glaros being named the 2026 Honorary Mayor of East Hillsborough, including details about the campaign, participating organizations and the record fundraising total.
The 2026 results also marked a significant year for the program through the record combined fundraising total and the introduction of the Deputy Mayor designation. With $169,643.99 raised between the two campaigns, the annual program directed funding to five organizations serving East Hillsborough and surrounding communities.
Glaros Law Maintains Ties to Brandon and the Tampa Bay Area
The Law Offices of Steven J. Glaros and Associates maintains a Brandon law office serving eastern Hillsborough County and surrounding communities including Riverview, Valrico, Seffner, Bloomingdale, Lithia, FishHawk Ranch, Dover and Plant City. The firm’s legal services include family law, personal injury, estate planning and other civil legal matters.
The firm’s practice includes representation in family law matters involving divorce, child custody, child support, paternity and related family issues, as well as personal injury matters and estate planning. The firm’s involvement in the 2026 Honorary Mayor campaign occurred alongside its continuing legal practice throughout Brandon and the greater Tampa Bay area.
The 2026 Honorary Mayor campaign concluded with Glaros receiving the annual title following his $121,746.56 fundraising total. The funds generated through his campaign will benefit the three designated charitable organizations, while the overall race concluded with $169,643.99 raised for five organizations through the combined efforts of the two participating campaigns.
Media Contact
Organization: The Law Offices of Steven J. Glaros & Associates
Contact Person: Steven J. Glaros
Website: https://glaroslaw.com/
Email: Send Email
City: brandon
State: florida
Country: United States
Release id: 49477
The post Steve Glaros Named 2026 Honorary Mayor of East Hillsborough 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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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.
DTC Group will take part in AI Expo Thailand 2026, running October 1 to 4 at IMPACT Challenger in Nonthaburi, with CEO Barami Rai joining the conference.
Thailand, 26th Sep 2026 – DTC Group, a Web3 growth partner operating across Asia Pacific, will take part in AI Expo Thailand 2026 as a partner, with Cofounder and Chief Executive Officer Barami Rai joining the event’s conference programme. The four day exhibition runs from October 1 to 4 at IMPACT Challenger in Muang Thong Thani, Nonthaburi.
AI Expo Thailand 2026 brings together more than 300 booths across a 17,136 square metre floor, alongside a startup village housing 50 AI startups and a conference programme of keynote talks, panel discussions and workshop sessions. The show floor is organised into named areas including a Generative AI Zone, AI for Industry, a Live Demo Arena and an AI Networking Lounge, and an AI Awards Thailand programme will recognise companies working in the field. An AI Career Fair running alongside the exhibition brings more than 50 companies recruiting on site, and a dedicated B2B area is set aside for business matching between exhibitors, corporate buyers and investors. The exhibition follows the Road to AI Expo meetup series, which ran six free sessions in Bangkok in the months leading up to the show, bringing together developers, founders and companies working on AI ahead of the main event.
AI Expo Thailand 2026 covers enterprise AI, generative AI and robotics, with exhibitors showing tools, platforms and hardware across the four days. The exhibition is co located with Thailand Mobile Expo, a long running Thai consumer technology show, which brings a general consumer audience through the same venue alongside trade visitors.
The company will use the event to meet founders, operators and investors working on regional go to market plans, and to speak with teams evaluating Thailand and the wider region as a launch market. Barami Rai will join the conference programme alongside speakers drawn from Thailand’s technology industry.
The exhibition occupies Hall 2 at IMPACT Challenger, with a floor measuring 153 by 112 metres. General admission is free and covers the exhibition booths and the outdoor activity area, with advance registration available for faster entry. Access to the conference sessions and workshop rooms requires a paid pass, with current tiers listed on the event website. The exhibition is open 10:00 to 19:00 daily from October 1 to 4 at IMPACT Challenger, Muang Thong Thani, Nonthaburi, with free parking for more than 10,000 vehicles.
Exhibitor and sponsor packages for AI Expo Thailand 2026 remain open, ranging from full sponsor stands on the main exhibition floor to smaller booths in the Startup Village. Companies looking to exhibit, sponsor, or take part in the AI Career Fair can apply through the event website, where visitor registration for the four days is also open.
The conference programme runs across all four days, with sessions on the Main Stage and in the workshop rooms. The AI Networking Lounge is set aside for executives, developers and investors attending the show, and the Live Demo Arena gives visitors access to working systems on the floor rather than slides alone.
More than 60 speakers will take part across the four days, with further names still to be announced ahead of the show. Sessions run alongside the exhibition floor rather than in a separate venue, so visitors can move between talks and stands during the same visit.
The event is aimed at business teams evaluating AI tools, developers and engineers, startups seeking investment or customers, and jobseekers using the AI Career Fair, which runs on all four days of the exhibition. Day passes are available for visitors attending a single day, and four day passes cover the full run of the exhibition and the conference programme.
About DTC Group
DTC Group is a Web3 growth partner, rooted in Asia Pacific and operating globally. The company works with token, protocol and platform teams on narrative, distribution, community and activation. More information is available at dtcgroup.xyz.
Media Contact
DTC Group
Web3 growth partner operating across Asia Pacific
Enquiries: business@dtcgroup.xyz, dtcgroup.xyz
Telegram: t.me/dtcgroupbusiness, X: x.com/dtcgroup_
Event Information
AI Expo Thailand 2026
October 1 to 4, 2026, IMPACT Challenger, Muang Thong Thani, Nonthaburi
Visitor registration, exhibitor and sponsor enquiries: aiexpothailand.com
Media Contact
Organization: DTC Group
Contact Person: DTC Group
Website: https://www.dtcgroup.xyz/
Email: Send Email
Country: Thailand
Release id: 49478
The post DTC Group Joins AI Expo Thailand 2026 as Partner, Speaker 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
About Author
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.
Hinckley, Leicestershire, United Kingdom, 26th Sep 2026 – Just Keepers is spotlighting the latest addition to the Keeper iD range: a new selection of junior goalie gloves specially made in junior sizes.
The Keeper iD Kids gloves have been developed for younger players, giving them access to goalkeeper equipment designed specifically for junior goalkeepers. The range is suitable for use during both training and matches as players continue to develop their goalkeeping skills.
With dedicated junior sizing, the gloves offer an option for players looking for equipment suited to their age and stage of development. For coaches and parents looking for junior goalie gloves, the new Keeper iD range provides a dedicated option for young players progressing through different stages of the game.
The new Keeper iD Kids gloves are now available from Just Keepers as part of its wider selection of goalkeeper equipment. Parents, coaches and players can view the range and find out more through the Just Keepers website:
https://www.just-keepers.com/juniors/junior-goalie-gloves/keeper-id-kids-glove/
About Just Keepers
Just Keepers is a specialist goalkeeper equipment retailer offering goalkeeper gloves, clothing, footwear and accessories for players of different ages and playing levels. They provide equipment for goalkeepers across grassroots, youth and more advanced levels of the game.
Media Contact
Organization: Just Keepers Ltd
Contact Person: Just Keepers Ltd
Website: https://www.just-keepers.com/
Email: Send Email
City: Hinckley, Leicestershire
Country: United Kingdom
Release id: 49474
The post Just Keepers Spotlights Keeper iD’s New Range of Junior Goalie Gloves 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
About Author
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.
Steve Glaros Named 2026 Honorary Mayor of East Hillsborough
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