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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

South African Barefoot Footwear Brand Common Tread Launches in the United States

Published

3 minutes ago

on

July 15, 2026

By

United States, 15th Jul 2026 — Common Tread, the South African footwear brand specializing in barefoot-style shoes and sandals, has officially entered the U.S. market. The company’s full range is now available to American customers through its new U.S. storefront at common-tread.us, with domestic shipping and returns.

Barefoot footwear — shoes built with thin, flexible soles, zero heel-to-toe drop, and wide toe boxes that let feet move naturally — has grown from a niche running trend into one of the fastest-growing categories in footwear. Until now, most of that market has been served by European and American brands. Common Tread arrives with a different lineage: footwear shaped by South Africa’s long tradition of simple, durable leather sandals made for hard ground and hot climates.

“We’re excited to finally bring South African barefoot shoes to a US audience,” said Sarah McLaren, Chief Creative Officer at Common Tread. “Barefoot design isn’t a trend where we come from — it’s how shoes have always been made. Thin soles, honest leather, nothing your foot doesn’t need. Americans are rediscovering what that feels like, and we think they’ll recognize the real thing when they wear it.”

The U.S. store launches with Common Tread’s range of barefoot sandals and shoes— e.g., “leather sandals, everyday flats, and closed-toe shoes for men and women”. Every design follows the same principles: a foot-shaped last that lets toes spread naturally, a thin flexible sole that keeps the wearer connected to the ground, and minimal construction using “full-grain leather” ntended to last years rather than seasons.

The expansion follows sustained international demand. “American customers have made up a growing share of the brand’s international orders, previously paying high shipping costs from South Africa.” The new U.S. operation eliminates international shipping fees and customs delays.

“The brand plans to introduce new styles to the U.S. range throughout 2026.”

About Common Tread

Common Tread is a South African footwear company making barefoot-style shoes and sandals. Founded in Cape Town, the brand combines traditional South African sandal-making with modern barefoot design principles: wide toe boxes, zero-drop soles, and minimal construction built to last. The full range is available in the United States at https://common-tread.us.   

Media Contact

Organization: Common Tread

Contact Person: Sarah McLaren

Website: https://common-tread.us/

Email: Send Email

Country:United States

Release id:47125

The post South African Barefoot Footwear Brand Common Tread Launches in the United States 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

UK Airport Rides Sets a New Standard for Reliable, Comfortable, and Hassle-Free Airport Transfers Across the UK

Published

3 minutes ago

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July 15, 2026

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United Kingdom, 15th Jul 2026 — UK Airport Rides, a reputable name in private airport transportation, is proud to announce the continued expansion of its premium airport transfer services created to make travel easier, smoother, and more dependable for passengers across the United Kingdom. As more travelers seek convenient, punctual, and affordable transport to and from major airports, UK Airport Rides is responding with a service built around reliability, comfort, and customer care.

UK Airport Rides provides transfers to and from all major UK airports, including Heathrow, Gatwick, Stansted, Luton, London City Airport, Birmingham, Manchester, and Bristol with a growing network serving London and surrounding regions. The company delivers a practical solution for business travelers, families, tourists, and groups who want a dependable alternative to public transport, parking stress and last-minute ride uncertainty.

In an industry where timing matters, UK Airport Rides places punctuality at the centre of its service. Every transfer is carefully scheduled, and drivers track travel conditions to help ensure passengers arrive on time. For airport arrivals, the service includes flight monitoring so that pickups can be adjusted in line with delays or early landings. For departures, the team works to create a flawless journey from doorstep to terminal, helping travelers avoid unnecessary stress before a flight.

Our Company service is built on the belief that airport travel should be simple, safe and predictable. UK Airport Rides offers a range of vehicle options to meet different needs, from standard saloons for solo passengers to spacious executive cars and larger vehicles suitable for families, luggage-heavy journeys, and group travel. Clean, properly maintained vehicles and professional drivers reflect the company’s devotion to a high-quality experience right from start to finish.

A spokesperson for UK Airport Rides said the company’s growth reflects a clear demand for improved airport transportation in the UK.

“Travelers today want more than just a lift to the airport,” the spokesperson said. “They want peace of mind. They want a service that arrives when promised, a comfortable, clean vehicle, and a driver who understands the importance of the journey. UK Airport Rides was created to deliver exactly that. Our focus is on making airport transfers as smooth and reliable as possible, so customers can begin and end their trips with confidence.”

The company has also placed a strong emphasis on budget-friendliness and transparency. Many passengers are looking for transfer services that are both competitive and simple, without unforeseen charges or complicated reservation procedures. UK Airport Rides seeks to offer clear pricing and easy booking options so customers know what to expect before they travel. This commitment has helped the brand build trust with repeat customers and first-time users alike.

Business travellers, in particular, have welcomed the convenience of a private airport transfer service that can be booked in advance. For professionals on tight schedules, the ability to rely on a pre-arranged pickup reduces uncertainty and helps guarantee a more productive travel experience. Families also benefit from the added convenience, especially when travelling with children, luggage, or on early-morning as well as late-night flights. Tourists arriving in the UK can likewise enjoy a welcoming and hassle-free start to their visit.

UK Airport Rides also recognizes the growing importance of customer service in the transport sector. From the moment a booking is made, the company intends to offer clear communication, responsive support, and an easy-to-use experience. Passengers can expect punctual updates, courteous drivers, and a service approach that prioritizes comfort and professionalism. The company believes these small details have a significant impact on the overall journey experience.

As travel demand continues to recover and evolve, UK Airport Rides is presenting itself as a dependable partner for modern airport travel. The company’s service model is designed to meet the expectations of today’s passengers. who increasingly cherish convenience, flexibility and confidence in their transport arrangements. Whether traveling for business, family holidays, special occasions, or international connections, customers can rely on UK Airport Rides for an easy journey.

In addition to airport transfers, the company’s broader devotion to dependable private transport reflects a long-term vision to become one of the UK’s most trusted names in travel. By combining professional drivers, carefully maintained vehicles and a customer-first approach, UK Airport Rides is helping reshape what passengers should expect from airport transportation.

The company encourages travelers, corporate clients, travel agents and event organizers to examine its services and learn about the benefits of pre-booked airport rides. As UK Airport Rides continues to grow, its mission is evident: to deliver safe, punctual, and comfortable journeys that take the stress out of airport travel.

About UK Airport Rides

UK Airport Rides is a private airport transfer company based on Bath Road,  Heathrow, London and operating across the United Kingdom since 2022. We offer reliable transport to and from major airports and travel hubs. The company focuses on punctuality, comfort, customer service and transparent booking, helping passengers enjoy a smooth and relaxing travel experience. UK Airport Rides serves individual travelers, families, business clients and groups with a range of vehicle options suited to different journey requirements.

Related Links : 

Heathrow Airport Transfer : https://ukairportrides.com/heathrow-airport-taxi-transfer/

Gatwick Airport Transfer : https://ukairportrides.com/gatwick-airport-taxis/

Luton Airport Transfer : https://ukairportrides.com/luton-airport-taxis/

Stansted Airport Transfer : https://ukairportrides.com/stansted-airport-taxis/

London City Airport Transfer : https://ukairportrides.com/london-city-airport-taxi-transfer/

Media Contact

Organization: UK Airport Rides

Contact Person: Tom

Website: https://www.ukairportrides.com

Email: Send Email

Address:G20, 450 Bath Rd, London

Country:United Kingdom

Release id:47120

The post UK Airport Rides Sets a New Standard for Reliable, Comfortable, and Hassle-Free Airport Transfers Across the UK 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

Forex Expo Dubai Adds New Features for Verified Traders and Introducing Brokers

Published

33 minutes ago

on

July 15, 2026

By

Dubai, United Arab emirates, July 15th, 2026, FinanceWire

Expanding the Expo Experience

As preparations continue for Forex Expo Dubai 2026, the event is expanding its attendee experience while welcoming a growing lineup of exhibitors from across the forex and trading industry. 

Confirmed exhibitors include Super Elite sponsors GTCFX, Valetax, Xchief, Funding Pips, and Honor Financial, alongside Elite sponsors EC Markets, TMGM, Metaquotes, JustMarkets, FP Markets, PU Prime, Dprime, Funded Firm, VPFX, Aegeanlabs Software LLC, Eplanet, SGFX, FortressFX, UEXO, Moneta Markets, and CXM.

As the forex and trading landscape evolves, industry events are adapting to changing attendee expectations. Traders, introducing brokers, and business professionals are increasingly seeking practical learning, direct access to industry specialists, and meaningful business engagement. In response, Forex Expo Dubai is introducing dedicated programmes tailored to its key attendee groups.

Personalizing Experiences

Verified traders gain access to dedicated seminar sessions, the Traders Lounge, and Traders Clinic that offers one-on-one guidance from market experts. They can also pre-book meetings ahead of the event and explore exclusive onboarding opportunities from selected exhibitors. 

For Introducing Brokers, the dedicated IB Programme creates opportunities to connect with brokers, compare rebate options, and discuss partnership opportunities through face-to-face meetings. The IB Lounge and dedicated seminar sessions provide additional insights to help IBs strengthen their approach and grow their networks.

Expanding Opportunities for Engagement 

Beyond these dedicated programmes, Forex Expo Dubai will feature private meeting zones for one-to-one business discussions, networking lounges, coffee areas, and interactive experiences throughout the two-day event. Additional side events taking place before and after the expo will further extend opportunities for engagement across the trading community.

“We’ve seen a clear shift in what attendees expect from industry events,” said Niyaz Mohammed, Commercial Director at HQMENA. “People still come to discover new products and meet brokers, but they’re also looking for more focused learning and higher-quality business interactions. These new programmes have been introduced to create dedicated environments where traders and introducing brokers can engage in conversations that are directly relevant to their goals.” 

With an expanded exhibitor lineup and new attendee-focused initiatives, Forex Expo Dubai 2026 is set to offer a more personalised experience for both trading professionals and businesses, reflecting the changing needs of today’s global trading community.

About Forex Expo Dubai

Forex Expo Dubai is one of the region’s leading gatherings for the global online trading and fintech industry, bringing together brokerages, fintech innovators, institutional traders, investors, payment solution providers, IBs, affiliates and online trading technology companies under one roof. The expo serves as a platform for industry dialogue, business networking, technology showcases and market-focused conversations shaping the future of modern finance.

Contact

Commercial Director
Niyaz Mohamed
HQMENA
Sales@hqmena.com

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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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