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“Algorithm + Credit” Rebuild the Value Foundation of DeFi

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5 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 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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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

Abundant Mines Position as the Best Bitcoin Miner Hosting Services in the U.S has been Strengthened

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50 minutes ago

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February 2, 2026

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United States – Abundant Mines today announced a major milestone in its growth, reinforcing its position as the best Bitcoin miner hosting services provider in the United States. With a rapidly expanding infrastructure footprint, industry-leading uptime, and a client-first hosting model, Abundant Mines continues to set the standard for institutional and large-scale Bitcoin mining.

This leadership position was recently validated by an independent industry ranking published on Harvard. The analysis evaluated hosting companies based on reliability, scalability, pricing transparency, operational expertise, and suitability for large-scale deployments, placing Abundant Mines at the top of the list.

As Bitcoin mining becomes increasingly competitive, miners are demanding more than just rack space and power. They need reliability, transparent pricing, operational expertise, and the ability to scale quickly. Abundant Mines has answered that demand with a fully managed, all-inclusive hosting solution designed specifically for serious miners operating hundreds or thousands of ASIC units.

“Bitcoin miners today are looking for partners, not just hosting facilities,” said a spokesperson for Abundant Mines. “Being recognized as the top Bitcoin miner hosting service in an independent 2026 ranking reinforces what our clients already know: operational excellence and trust are the foundation of everything we do.”

Built for Scale, Reliability, and Profitability

Abundant Mines operates high-capacity mining facilities across the United States, strategically located to ensure power stability, regulatory clarity, and operational efficiency. The company offers hosting for the latest generation of ASIC miners, with infrastructure optimized for high-density deployments and sustained performance.

Key advantages of Abundant Mines’ hosting services include:

  • All-inclusive miner hosting with no revenue sharing
  • Industrial-grade power and cooling designed for 24/7 uptime
  • Professional on-site operations and monitoring
  • Scalable capacity for miners deploying hundreds or thousands of units
  • Transparent pricing and contracts, eliminating hidden fees

This model has attracted a growing base of institutional clients, family offices, and professional mining operations seeking dependable, long-term hosting solutions.

A Trusted Partner in a Changing Mining Landscape

As regulatory pressure and energy costs challenge miners worldwide, U.S.-based hosting has become increasingly attractive. Abundant Mines has positioned itself at the center of this shift by providing compliant, secure, and efficient hosting environments that allow miners to focus on hash rate and profitability rather than infrastructure complexity.

“Our clients want peace of mind,” the spokesperson added. “They want to know their miners are online, maintained, and generating Bitcoin without constant intervention. That’s exactly what we deliver.”

Looking Ahead

Abundant Mines plans to continue expanding its hosting capacity while investing in next-generation infrastructure and operational automation. With demand for reliable Bitcoin miner hosting at an all-time high, the company is well positioned to remain the go-to choice for miners seeking the best Bitcoin miner hosting services in the United States.

About Abundant Mines

Abundant Mines is a U.S.-based bitcoin mining hosting provider operating facilities in Oregon. The company offers end-to-end hosting services including installation, monitoring, maintenance, and repair for ASIC mining operations. Its infrastructure emphasizes renewable hydroelectric energy, fixed-rate pricing, and long-term client support.

Media Contact

Company Name: Abundant Mines
Contact Person: Beau Turner
Phone: (541) 229-7882
Email: support@abundantmines.com
Website: https://abundantmines.com

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.

All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.

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Duty Calls Plumbing and Rooter LLC Reinforces Its Commitment to Independence, MO Residents With Expanded 24-7 Plumbing and HVAC Services

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2 hours ago

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February 2, 2026

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Duty Calls Plumbing and Rooter LLC, a licensed and locally owned plumbing and HVAC company in Independence, MO, highlights its full range of 24/7 residential services, affordable service agreement plans, and commitment to transparent, first-visit fixes for homeowners across the Kansas City Metro Area.

Independence, MO, United States, 2nd Feb 2026 – Duty Calls Plumbing and Rooter LLC, a locally owned and operated plumbing and HVAC company headquartered in Independence, Missouri, is proud to announce its ongoing dedication to serving residents and businesses across the Kansas City Metro Area with a full suite of residential and commercial plumbing, rooter, and HVAC services. With a growing roster of satisfied customers and an unwavering focus on quality craftsmanship, the company continues to establish itself as a top choice for homeowners in need of reliable, same-day service.

Founded with a mission to put the customer first, Duty Calls Plumbing and Rooter LLC has built a reputation on transparency, honest pricing, and skilled technicians who deliver results on the first visit. As a licensed, certified, and fully insured plumber in Independence, MO, the company serves a wide service area spanning Jackson, Johnson, Wyandotte, Clay, Leavenworth, Platte, Cass, and Leavenworth counties.

“Our goal has always been simple — show up, fix the problem, and leave the customer’s home better than we found it,” said the team at Duty Calls Plumbing and Rooter LLC. “We believe that every homeowner deserves access to professional plumbing and HVAC services without the stress of hidden fees, long wait times, or surprises on the bill.”

Full-Service Plumbing and HVAC Solutions

Duty Calls Plumbing and Rooter LLC offers a comprehensive range of services designed to address both routine maintenance needs and urgent emergency repairs. Their plumbing services include water heater installation and repair, tankless water heater systems, sewer line repair and replacement, water line repair and replacement, sump pump installation, hydro jetting, trenchless pipe lining, and a full range of fixture services including toilets, faucets, and sinks.

On the HVAC side, the company provides air conditioning installation, repair, and maintenance — including ductless systems — as well as heating system services and seasonal tune-ups. Whether a homeowner is dealing with a burst pipe at 3 a.m. or a failing air conditioning unit during a summer heat wave, Duty Calls is available around the clock, seven days a week to respond.

Affordable Service Agreement Plans

In an effort to help homeowners stay ahead of costly repairs, Duty Calls Plumbing and Rooter LLC offers value-driven service agreement plans. Their HVAC service agreement is available for just $150 per year and includes a spring and summer tune-up for air conditioning systems as well as a fall and winter check-up for heating systems. Members also receive a 15% discount on all repair services, extended to their entire household, and a 10% discount on equipment replacements.

For plumbing, the company offers two service agreement tiers: $150 per year for tankless water heater systems and $99 per year for traditional tanked systems. Both plans include an annual water heater flush, a full inspection of fixtures and exposed plumbing, and a gas leak check for all exposed gas lines within the home. As an added bonus, Duty Calls offers a 15% discount to first responders and educators.

Committed to the Kansas City Community

Duty Calls Plumbing and Rooter LLC is proud to call Independence, MO home. The company employs skilled, experienced technicians who understand the unique needs of homes throughout the metro area — from older properties with aging infrastructure to newer construction requiring precision installation work. Their commitment to using state-of-the-art tools and equipment means faster repairs, less disruption, and a cleaner job site every time.

The company’s approach to customer service has not gone unnoticed. Duty Calls holds a strong rating on Google Reviews, with customers consistently praising the professionalism, honesty, and efficiency of their technicians. The company is also proudly accredited by the Better Business Bureau.

Homeowners looking to experience the Duty Calls difference can reach the team by phone at (816) 945-2131 or by visiting their Google Business listing to learn more and schedule a service appointment: plumber in Independence, MO.

About Duty Calls Plumbing and Rooter LLC

Duty Calls Plumbing and Rooter LLC is a licensed, certified, and insured plumbing and HVAC company based in Independence, Missouri. Serving the greater Kansas City Metro Area, the company specializes in residential and commercial plumbing, rooter services, water heater systems, sewer and water line repair, HVAC installation and maintenance, and 24/7 emergency services. 

Media Contact

Organization: Duty Calls Plumbing and Rooter llc.

Contact Person: Christopher Copley

Website: http://dutycallspr.com

Email: Send Email

Contact Number: +18169452131

Address:2502 N Whitney Rd

City: Independence

State: MO

Country:United States

Release id:40884

The post Duty Calls Plumbing and Rooter LLC Reinforces Its Commitment to Independence, MO Residents With Expanded 24-7 Plumbing and HVAC Services 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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John’s Plumbing and Drain Services Provides Comprehensive Plumbing Solutions for Los Angeles Residents and Businesses

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2 hours ago

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February 2, 2026

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John’s Plumbing & Drain Services, led by John Khacheryan, provides comprehensive residential and commercial plumbing solutions throughout Los Angeles County.

Los Angeles, CA, United States, 2nd Feb 2026 – When Los Angeles residents need reliable plumbing services, finding the right professionals makes all the difference. That’s why Plumber In LA, John’s Plumbing & Drain Services, has become a trusted name for comprehensive plumbing solutions throughout Los Angeles County—serving both residential and commercial clients with expert service backed by years of experience and a commitment to quality workmanship.

Los Angeles properties face unique plumbing challenges including aging infrastructure, varying water pressures across neighborhoods, and the demands of Southern California’s climate. Whether dealing with routine maintenance or unexpected emergencies, property owners need professionals who understand local conditions and can deliver reliable results quickly and efficiently.

Understanding Common Plumbing Challenges in Los Angeles

Los Angeles homes and businesses encounter a variety of plumbing issues that require professional attention. Older properties often feature outdated piping systems that develop leaks, blockages, and pressure issues over time. Newer developments may face installation-related concerns that need expert diagnosis and resolution. Understanding these common challenges helps property owners address problems before they escalate into costly emergencies.

Water pressure inconsistencies across different Los Angeles neighborhoods can impact everything from shower performance to appliance efficiency. Seasonal changes also affect plumbing systems, with temperature fluctuations causing pipe expansion and contraction that can stress joints and connections over time.

Residential Plumbing Services

John’s Plumbing & Drain Services provides comprehensive residential plumbing services designed to maintain home comfort and functionality. Residential services include leak detection and repair, drain cleaning and maintenance, water heater installation and repair, fixture upgrades, and preventive maintenance programs that keep plumbing systems operating efficiently.

Homeowners appreciate working with professionals who understand the unique requirements of Los Angeles properties. From older craftsman-style homes to modern construction, the experienced team addresses each property’s specific needs with appropriate solutions and quality materials that provide lasting results.

Water Heater Services

Water heaters play a critical role in daily household comfort. John’s Plumbing & Drain Services provides complete water heater services including installation of tankless and traditional systems, repairs, maintenance, and emergency replacements. Modern water heating systems offer improved energy efficiency and reliable performance that reduces utility costs while maintaining consistent hot water supply.

Professional water heater installation ensures proper sizing, safe connections, code compliance, and optimal performance for each home’s specific usage requirements and water supply conditions.

Drain Cleaning and Maintenance

Healthy drain systems prevent costly backups and water damage throughout any property. John’s Plumbing & Drain Services utilizes professional equipment including hydro jetting technology and video inspection cameras to thoroughly clean and assess drain systems.

Regular drain maintenance prevents buildup that restricts flow, reduces odors, and extends pipe lifespan. Professional drain cleaning addresses both immediate blockages and long-term maintenance needs, keeping systems flowing efficiently throughout the year.

Emergency Plumbing Response

Plumbing emergencies demand immediate professional response. John’s Plumbing & Drain Services maintains 24-hour availability for urgent situations including burst pipes, severe leaks, complete drain failures, and water heater emergencies. Rapid response prevents extensive property damage and restores normal function as quickly as possible.

Emergency services include thorough assessment, immediate repairs, and follow-up recommendations to prevent recurring issues. Property owners can count on professional emergency response any time of day or night.

Commercial Plumbing Solutions

Los Angeles businesses require reliable plumbing services that minimize operational disruptions. John’s Plumbing & Drain Services serves restaurants, office buildings, retail spaces, and industrial facilities with specialized commercial plumbing services including grease trap maintenance, fixture installations, preventive maintenance programs, and emergency response designed for business environments.

Commercial clients appreciate working with professionals who understand the importance of minimizing downtime while maintaining regulatory compliance and operational efficiency.

Why Choose Local Professional Service

Working with an established local plumbing company provides numerous advantages for Los Angeles property owners. Local professionals understand regional infrastructure, weather conditions, building codes, and specific challenges that properties throughout the county face daily.

John’s Plumbing & Drain Services maintains proper licensing, comprehensive insurance, and experienced technicians trained in both residential and commercial systems. Professional credentials ensure quality workmanship, liability protection, and peace of mind for all customers.

Schedule Your Professional Plumbing Service

Los Angeles residents and business owners seeking reliable plumbing services are encouraged to contact John’s Plumbing & Drain Services for professional consultation and service. Whether routine maintenance or emergency repairs, the experienced team delivers quality results backed by professional standards and customer satisfaction.

Contact your trusted Plumber In LA today. John’s Plumbing & Drain Services continues serving Los Angeles with comprehensive plumbing solutions that protect property values and maintain comfort throughout Los Angeles County.

Media Contact

Organization: John’s Plumbing & Drain Services

Contact Person: John Khacheryan

Website: https://johnsplumber.com/

Email: Send Email

Contact Number: +13234227485

Address:3847 Brunswick Ave,

City: Los Angeles

State: CA

Country:United States

Release id:40883

The post John’s Plumbing and Drain Services Provides Comprehensive Plumbing Solutions for Los Angeles Residents and Businesses 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.

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