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“Algorithm + Credit” Rebuild the Value Foundation of DeFi

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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 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!

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

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Gary Bassett Shares Lessons From 45 Years Across Finance and Technology

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The Dallas-based finance and technology entrepreneur discusses how experience in investment banking, community banking, software, acquisitions, and asset management has shaped the questions he asks when evaluating new opportunities.

DALLAS, Texas, 26th September 2026, ZEX PR WIRE— A promising business opportunity can look very different depending on which side of the table someone is sitting on.

After more than four decades working across finance and technology, Gary Bassett has occupied several of those seats. He has analyzed companies as an investment banker, worked inside community banking, built and operated an enterprise software company, experienced an acquisition as a founder, and later returned to institutional finance.

Each experience, Bassett says, added another question to the way he evaluates an opportunity.

“Early in my career, I learned to ask whether the numbers supported the story,” Bassett said. “Later, after running a company myself, I learned to ask another question: What actually has to happen every day for those numbers to become real?”

Looking Beyond the Initial Opportunity

Bassett began his career in investment banking at J.P. Morgan in New York in 1979. His work included financial modeling, valuation, due diligence, and corporate debt transactions.

The experience taught him to examine the assumptions underneath a proposal rather than focusing only on its potential.

“An idea can sound very compelling until you start changing the assumptions behind it,” Bassett said. “What happens if growth is slower? What happens if the cost is higher? What has to go right for the plan to work? Those were useful questions to learn early.”

His subsequent experience in Texas banking brought those questions closer to individual businesses and communities.

Bassett became a founding shareholder of Lamar National Bank and served as president of the Lamar Bank Center. The work exposed him to commercial banking, lending, real estate, and the practical consequences of financial decisions.

That perspective became particularly important when Bassett moved from analyzing businesses to building one.

Building Microbank Changed the View From the Other Side

In 1985, Bassett founded Microbank Software Inc., an enterprise software company serving organizations in banking and construction.

Running the company introduced a different set of considerations. A business could not succeed on strategy alone. Products had to work. Customers had to see value in them. Employees had to execute. Problems that appeared small on paper could become much larger when they affected day-to-day operations.

“Building Microbank changed the way I looked at companies,” Bassett said. “When you have been responsible for the product, the customers, and the decisions that have to be made on Monday morning, you start asking different questions when you look at a business.”

Microbank eventually developed an international client base and was acquired by Citicorp. Bassett also participated in the integration that followed the acquisition.

That process added another layer to his experience. Evaluating whether two businesses make sense together is one challenge. Integrating people, systems, customers, and operating processes after a transaction is another.

“A transaction has a closing date, but the work of combining organizations does not end on that date,” Bassett said. “That experience made me pay much more attention to what has to happen after an agreement is signed.”

Returning to Investment Banking With an Operator’s Perspective

Bassett later spent nearly a decade as a managing director at Bank of America, working in investment banking, mergers and acquisitions, capital markets, and strategic advisory assignments.

He returned to institutional finance with experience he did not have earlier in his career: he had founded and operated a company himself.

Bassett says that experience made him more interested in what sits behind financial statements and projections.

“Numbers are important, but every number came from something that happened inside the business,” he said. “There are customers, employees, operating decisions, competitors, and unexpected problems behind those results. I became much more interested in understanding that part of the story.”

Experience Can Change the Questions

Today, Bassett is the founder, chairman, and managing partner of Dallas-based HP Capital Partners, which he established in 2012.

His career has crossed industries and roles, but Bassett does not view those experiences as separate chapters with no connection to one another.

Instead, each has influenced how he approaches the next opportunity.

For business leaders, he believes evaluating an opportunity requires more than asking how attractive the potential outcome appears. It also means examining assumptions, understanding how an organization actually operates, considering what could disrupt the plan, and determining whether the people and systems involved can execute it.

“Experience does not mean you automatically know the answer,” Bassett said. “If anything, it gives you more questions to ask. I think that is useful. The goal is not to make every opportunity look good or bad. It is to understand what would actually have to happen for it to work.”

About Gary Bassett

Gary Bassett is a Dallas, Texas-based finance and technology entrepreneur whose career has included investment banking, community banking, enterprise software, acquisitions, asset management, and philanthropy. He began his investment banking career at J.P. Morgan and later became a founding shareholder of Lamar National Bank. In 1985, he founded Microbank Software Inc., an enterprise software company Citicorp later acquired. Bassett subsequently served as a managing director at Bank of America. In 2012, he founded HP Capital Partners, where he serves as founder, chairman, and managing partner. Bassett holds a BBA in Finance and an MBA from Southern Methodist University.

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Nivia Fontanez Highlights the Often-Overlooked Role of Radiology Technologists in Patient Care

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Bronx-based radiology technologist Nivia Fontanez discusses the communication, preparation, positioning, safety, and attention to detail behind medical imaging.

BRONX, N.Y, 26th September 2026, ZEX PR WIRE, When patients arrive for an X-ray or CT scan, much of their attention naturally goes to the imaging equipment. Behind the technology, however, is a radiology technologist who guides the patient through the process and performs the study according to established procedures.

Bronx-based radiology technologist Nivia Fontanez believes patients may not always see the human side of the profession.

Fontanez works with X-rays, CT scans, and bone density studies. She holds a New York State radiologic technologist license and is qualified to administer contrast for CT studies. Her experience has shown her that medical imaging requires technical knowledge, but operating equipment is only one part of the technologist’s responsibilities.

“Patients see the machine because that is the most obvious part of the room, but there is a lot happening around it,” Fontanez said. “We are thinking about positioning, instructions, safety, and whether the patient understands what we need them to do.”

Positioning Requires Working With the Individual Patient

Positioning is one example of a responsibility that can appear simple from the patient’s perspective. A technologist may ask someone to stand in a certain place, turn their body, move an arm, or remain still while an image is captured.

In practice, patients have different physical abilities and limitations. Some may be experiencing pain or have difficulty moving into a standard position. Technologists must follow appropriate procedures while recognizing what an individual patient can reasonably do.

“You can know the position you need, but you’re still working with a real person,” Fontanez said. “Someone may be uncomfortable or unable to move exactly the way you initially ask. You have to pay attention and communicate.”

That interaction is one reason Fontanez views adaptability as an important part of working in medical imaging. Technical requirements remain important, but patients cannot be approached as though everyone will respond to an instruction in exactly the same way.

Clear Communication Helps Patients Understand What Is Expected

Communication is another significant part of the technologist’s role. Instructions that sound simple to someone working in radiology every day may be unfamiliar to a patient.

Fontanez believes healthcare professionals must be aware of that difference.

“Something can be routine for me and completely new for the patient,” Fontanez said. “I try not to assume that someone understands an instruction just because I’ve given that same instruction many times before.”

That may mean explaining a position differently, letting someone know what will happen next, or checking that an instruction was understood before continuing.

Fontanez also notes that different patients want different amounts of information. Some have questions about each step, while others prefer to receive the necessary instructions and complete the study. Recognizing those differences is part of working directly with people.

“The goal isn’t to overwhelm someone with technical information,” Fontanez said. “It’s to communicate clearly enough that they understand what is expected of them during the study.”

Safety and Attention to Detail Remain Central to Medical Imaging

Many checks in medical imaging are not particularly visible to patients. Technologists follow established procedures for patient identification, the requested study, positioning, imaging practices, and applicable safety requirements.

Certain studies may involve additional considerations. Fontanez’s work with CT imaging, for example, includes her qualification to administer contrast for CT studies.

Fontanez believes one challenge of professional experience is making sure familiarity doesn’t become complacency.

“When you do something regularly, you naturally become more comfortable with it, and experience is important,” she said. “At the same time, you don’t want something being familiar to make you less attentive to the details.”

Efficiency matters in a busy healthcare environment, but Fontanez says there are also situations when taking additional time to verify information or explain an instruction is necessary.

Technology Does Not Replace the Human Side of Radiology

Medical imaging relies heavily on sophisticated equipment, but Fontanez sees the technologist as the connection between that technology and the patient.

Equipment cannot recognize that a patient is struggling to understand an instruction. It cannot independently account for the way an individual is experiencing an appointment or provide the human communication that may be needed during the process.

That responsibility remains with the professionals working directly with patients.

“Technical knowledge matters, but you’re never just working with equipment,” Fontanez said. “There is always a person on the other side of what you’re doing.”

For Fontanez, that is one of the defining aspects of being a radiology technologist. The final medical image may be what remains after the appointment, but producing it involves preparation, communication, positioning, safety procedures, and attention to the individual patient.

Those responsibilities may happen quietly in the background, but they are part of the work every day.

About Nivia Fontanez

Nivia Fontanez is a radiology technologist based in the Bronx, New York. She works in medical imaging with experience in X-ray, CT imaging, and bone density studies. Fontanez holds a New York State radiologic technologist license and is qualified to administer contrast for CT studies.

Fontanez earned an associate degree in computer science from SUNY Cobleskill before transitioning into healthcare. She later earned a bachelor’s degree in radiology from Concordia College in 2020 and has also been certified as a nursing assistant. In 2025, she received a Best Technologist Award for her work. Her professional interests include medical imaging, patient communication, continued learning, and the role radiology technologists play in patient care.

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Piya Saliba Releases Free Community Connection Checklist to Help People Build Stronger Relationships

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California, USA, 26th September 2026, ZEX PR WIRE, Piya Saliba, CEO of Fountain Capital and an active supporter of the Nalin and Naseeb Foundation and the Cedars-Sinai NICU Family Council, has announced the release of a free Community Connection Checklist, a practical self-guided resource designed to help people become more intentional about supporting others in their everyday lives.

The checklist encourages users to evaluate how they spend their time, identify simple ways to contribute to their communities, and build consistent habits around volunteering, communication, and relationship-building.

Saliba created the resource after years of balancing business leadership with nonprofit involvement and community service.

“I’ve learned that leadership begins with paying attention to people,” Saliba said. “You don’t have to make a huge gesture to create positive change. Small actions repeated consistently often have the greatest impact.”

The resource reflects Saliba’s belief that meaningful relationships are built through preparation, consistency, and follow-through rather than one-time efforts.

“I don’t think relationships should become transactional,” she said. “Trust grows over time when people know you’ll continue showing up even after the immediate need has passed.”

The need for stronger community engagement continues to grow. Recent research highlights the personal and social cost of weak social connections:

  • The U.S. Surgeon General reported that social isolation increases the risk of premature death by amounts comparable to smoking up to 15 cigarettes per day.

  • Gallup has found that people with strong social connections report significantly higher levels of overall well-being than those who feel disconnected.

  • According to the U.S. Bureau of Labor Statistics, only about one in five Americans formally volunteers each year, leaving many nonprofit organizations struggling to meet growing community needs.

  • The American Psychological Association continues to report that stress remains one of the leading challenges affecting adults, with strong social support consistently identified as one of the most effective protective factors.

Saliba believes many people want to contribute but simply do not know where to begin.

“People often think they need more time, more money, or more experience before they can help,” she said. “Most communities simply need reliable people who are willing to listen, volunteer, and stay involved.”

The Community Connection Checklist includes:

  • A five-minute personal relationship self-audit

  • A weekly community involvement planner

  • A conversation starter guide for reconnecting with friends, neighbors, or colleagues

  • A volunteer opportunity planning worksheet

  • A monthly reflection page to track progress and consistency

Use This in 15 Minutes

The resource is designed to be completed quickly without any special training.

Minutes 1-3: Identify three people or groups you have not connected with recently.

Minutes 4-7: Complete the relationship self-audit and identify one area where you can be more consistent.

Minutes 8-11: Choose one practical community action, such as volunteering, checking in on a neighbor, supporting a local nonprofit, or mentoring someone.

Minutes 12-15: Schedule your first action on your calendar and identify one accountability partner who can encourage you to follow through.

“Leadership isn’t about reacting to everything,” Saliba said. “It’s about making thoughtful decisions and consistently acting on what matters most.”

Common Mistakes People Make

According to Saliba, many people unintentionally make community involvement more complicated than it needs to be. She recommends avoiding these common mistakes:

  • Waiting until life feels less busy before helping others

  • Assuming only large donations or major commitments make a difference

  • Treating volunteer work as a one-time event instead of an ongoing habit

  • Trying to solve every problem instead of helping where you can make a realistic contribution

  • Forgetting to build genuine relationships while focusing only on completing tasks

She believes consistency will always outperform occasional bursts of effort.

“I’ve learned that trust compounds over time,” Saliba said. “People remember how dependable you are long after they forget individual conversations.”

Call to Action

Download or recreate the Community Connection Checklist today. Set aside 15 uninterrupted minutes, complete the self-audit, choose one meaningful action you can take this week, and schedule it before the day ends. Then repeat the process once each month to build stronger relationships, support your community, and create a lasting habit of service.

To read more, visit the website here.

About the Community Connection Checklist

The Community Connection Checklist is a free practical resource inspired by Piya Saliba’s approach to leadership, philanthropy, and community engagement. Designed for everyday individuals, it helps people strengthen relationships, identify opportunities to support families and local organizations, and build sustainable habits of compassion through simple, actionable steps.

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

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