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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

WeClean Makes Separately Washed, Affordable Laundry More Accessible Across the Philippines

Published

2 hours ago

on

August 29, 2026

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The Filipino laundry company operates 14 branches and offers straightforward pricing, individual-load processing and everyday garment care

Manila, Philippines, 29th Aug 2026 — WeClean is making professional laundry care more accessible to Filipino households through a service built around a simple commitment: every customer’s order is washed separately.

Founded in 2017, the Filipino laundry company now operates 14 branches across Metro Manila and destinations including Palawan and Siargao. Its network serves communities in Makati, Manila, Pasay, Pasig and Quezon City, as well as El Nido, Puerto Princesa and Siargao.

WeClean’s separately processed orders address a practical concern for customers who want greater confidence in how their clothes are handled. Garments from different customers are not combined during washing, while customers with sensitive skin or specific preferences can provide their own detergent or fabric softener.

The company complements this approach with straightforward pricing. In-branch wash, dry and fold services are charged per load of up to seven kilograms, while pick-up and delivery orders are priced by weight. WeClean states that its rates contain no hidden fees and accepts cash, GCash and payments through QR Ph-associated banks.

Its core wash, dry and fold service is supported by specialist options including dry cleaning, household-item cleaning, ultrasonic sneaker care and commercial laundry for hospitality, wellness and local businesses.

Most WeClean branches are open daily from 7 a.m. to 9 p.m., with selected locations operating 24 hours. Customers can visit a neighbourhood branch or arrange a free collection within participating service areas. Both walk-in and collected orders are advertised with a 24-hour turnaround.

The company’s branch network reflects a local-first operating model. While digital booking and door-to-door collection are available for customers who need greater convenience, most WeClean customers continue to be served personally by team members at its physical locations.

With its combination of individual-load washing, accessible pricing and an expanding presence in urban and island communities, WeClean aims to offer Filipino consumers a reliable alternative for managing everyday laundry.

Customers can find their nearest branch, check local operating hours or request a pick-up at https://weclean.com.ph/.

About WeClean

Established in 2017, WeClean is a Filipino laundry and garment-care company operating 14 branches across Metro Manila, Palawan and Siargao. Its services include wash, dry and fold; household-item cleaning; pick-up and delivery; dry cleaning; ultrasonic sneaker cleaning; and commercial laundry. Every customer order is washed separately.

For additional information, visit https://weclean.com.ph/.

Media Contact

Organization: WeClean

Contact Person: Quin Ryle Torres

Website: https://weclean.com.ph/

Email:
info@weclean.com.ph

City: Manila

Country:Philippines

Release id:48573

The post WeClean Makes Separately Washed, Affordable Laundry More Accessible Across the Philippines 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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Press Release

Workplai Introduces Alliance Partner Program for Interior Industry Professionals

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2 hours ago

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August 29, 2026

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Workplai has launched the Workplai Alliance Partner Program (WAPP), connecting interior designers, architects, contractors and real estate professionals with manufacturing and turnkey fit-out capabilities. The non-exclusive model supports smoother coordination across design, sourcing, production and installation while allowing partners to retain their existing business relationships.

Foshan, Guangdong, China, 29th Aug 2026 – Workplai has introduced the Workplai Alliance Partner Program (WAPP), a B2B partnership framework aimed at Enabling architects, interior designers, real estate professionals, contractors and allied trade specialists with manufacturing and turnkey fit-out capabilities.

Workplai Introduces Alliance Partner Program for Interior Industry Professionals

The initiative addresses a common challenge in large-scale interior projects: coordinating design, material sourcing, manufacturing and on-site execution across multiple stakeholders. Through the alliance model, participating professionals can bring additional execution capabilities into their projects without having to build separate procurement, manufacturing or site-management infrastructure.

A Structured Model for Industry Partnerships

The program is built around four areas: integrated project delivery, structured commercial coordination, a non-exclusive operating model and centralized project governance.

For architecture and interior design practices, the framework provides support in moving projects from design specifications through manufacturing and installation. This allows firms to remain focused on design and client relationships while execution and procurement are coordinated through dedicated project teams.

Real estate developers and property advisors can use the model for fit-out requirements associated with handover and possession stages across residential and commercial developments. For allied contractors, including MEP, modular cabinetry and finishing specialists, the program provides an avenue to participate in larger fit-out projects while continuing to operate within their areas of expertise.

The program also extends to commercial and facility management teams handling enterprise workspace reconfigurations, refurbishment and related fit-out requirements.

Non-Exclusive Partnership Structure

A defining advantage of WAPP is its non-exclusive partnership model, designed to expand a partner’s execution capabilities without limiting existing business relationships. Partners remain free to work with their existing clients, professional networks and preferred vendors, while accessing Workplai’s manufacturing, procurement and turnkey execution capabilities whenever a project requires additional scale or capacity.

The alliance is structured as an additional execution resource, not a replacement for established relationships, enabling partners to retain ownership of their client relationships while leveraging Workplai’s infrastructure and project capabilities.

Commercial engagement is structured around project milestones, providing greater clarity across delivery stages while reducing the need for partners to maintain inventory or assume direct manufacturing-related balance-sheet exposure.

Technical documentation, milestone tracking and site coordination are managed through dedicated Workplai project teams, creating a single coordination layer across participating stakeholders.

Mr. Arihant Nahar, CEO of Workplai, said the increasing scale and complexity of interior projects has made coordination between design, manufacturing and execution a critical part of project delivery.

“Delivering large-scale interior fit-outs requires close coordination between design precision, reliable manufacturing, and managed on-site execution,” Nahar said. “The Workplai Alliance Partner Program establishes a collaborative ecosystem where independent professionals and institutional partners can leverage an established supply chain and project governance framework to deliver predictable, high-standard environments for clients.”

Access to Manufacturing Infrastructure

The alliance also incorporates access to manufacturing infrastructure in Foshan, Guangdong, China. Partner onboarding includes technical orientation, project tracking tools and coordination with Workplai’s design and execution teams.

For firms handling larger or multiple projects, such access could provide a way to scale delivery capacity without substantially expanding their own procurement and production operations.

Rollout Across Key Markets

Partner onboarding for the Workplai Alliance Partner Program is currently underway across key commercial and metropolitan regions. The initiative brings together participants from architecture, interior design, real estate, contracting, furniture and allied trades.

By creating a structured connection between professional practices and manufacturing-led execution, the program is positioned to support firms seeking greater project capacity while retaining control of their existing client and business relationships.

Corporate Communications & Partner Inquiries

Alliance Desk: partner@myworkplai.com
Media Communications: suraj@myworkplai.com | chaitanya@myworkplai.com
Corporate Website: www.myworkplai.com
Operations Hub: Shazui Industrial Park, Foshan City, Guangdong, China

Media Contact

Organization: Stellar Furniture

Contact Person: Avil Porwal

Website: https://www.stellarglobal.com/

Email: Send Email

Contact Number: +919109316533

Address:Henan Road, South District of Longcong Industrial Zones,

Address 2: Beijiao Town, Shunde,

City: Foshan

State: Guangdong

Country:China

Release id:48601

The post Workplai Introduces Alliance Partner Program for Interior Industry Professionals 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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Press Release

Aquashield Roofing Corporation Delivers Specialized Shingle and TPO Roofing Solutions to Residential and Commercial Clients in Hampton Roads

Published

2 hours ago

on

August 29, 2026

By

Licensed Class B Contractor Focuses on Precision, Durability, and Mastered Expertise in Shingle and Flat Roofing Systems across Chesapeake, Virginia Beach, and Surrounding Areas.

United States, 29th Aug 2026 — Aquashield Roofing Corporation, a dedicated roofing contractor based in Chesapeake, Virginia, is proud to announce its specialized residential and commercial roofing services across the greater Hampton Roads region. By focusing exclusively on architectural shingles and high-performance TPO (Thermoplastic Polyolefin) single-ply roofing, the company delivers superior workmanship, long-lasting weather protection, and focused expertise.

Unlike general contractors that attempt to cover every roofing material on the market, Aquashield Roofing Corporation has built its reputation on mastering the two most vital systems for local properties:

  • Residential & Commercial Shingle Roofing: Built for durability, aesthetics, and severe weather resistance, ideal for steep-slope roofs and homeowners seeking dependable curb appeal.
  • Commercial & Low-Slope TPO Roofing: Designed to provide superior energy efficiency, UV reflection, and leak resistance for flat and low-slope commercial properties and modern residential builds.

“Our business philosophy is simple: master the roofing systems that local property owners need most, and install them flawlessly,” said a spokesperson for Aquashield Roofing Corporation. “By dedicating our focus strictly to asphalt shingles and TPO membranes, we ensure that every technician on our team understands the exact engineering and installation standards required for coastal Virginia’s weather.”

Aquashield Roofing Corporation operates as a fully licensed and insured Virginia Class B Contractor, providing clients with full transparency, local accountability, and compliance with Virginia building standards. Whether replacing a storm-damaged residential roof in Chesapeake or installing a commercial TPO system in Virginia Beach, the company is equipped to manage projects from initial consultation to final inspection.

Property owners, facility managers, and general contractors can learn more, view recent projects, and schedule consultations through Aquashield’s online portals and service resources:

About Aquashield Roofing Corporation

Aquashield Roofing Corporation is a licensed Virginia Class B roofing contractor headquartered in Chesapeake, Virginia. Serving residential and commercial clients throughout Hampton Roads, Aquashield specializes strictly in premium asphalt shingle and TPO flat-roof installations, replacements, and repairs. The company is committed to dependable customer service, quality craftsmanship, and transparent pricing.

Media & Customer Contact:

Aquashield Roofing Corporation
4006 Morris Ct.
Chesapeake, VA 23323
Phone: (757) 553-5191
Website: https://aquashieldroof.com

Media Contact

Organization: Aquashield Roofing Corporation

Contact Person: Jeff Childers

Website: https://aquashieldroof.com

Email: Send Email

Contact Number: +17575535191

Address:4006 Morris Ct. Chesapeake, VA 23323

Country:United States

Release id:48606

The post Aquashield Roofing Corporation Delivers Specialized Shingle and TPO Roofing Solutions to Residential and Commercial Clients in Hampton Roads 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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