Press Release
“Algorithm + Credit” Rebuild the Value Foundation of DeFi
DeFi still has higher attention, with rapid technological innovation and continuous expansion of application scope, The goal of DeFi is undoubtedly to build a more effective, free, and transparent financial ecology. However, finance always develops with money and brings value exchange. Therefore, whether it is a decentralized scenario or a mass application toward reality in the future, stable cryptocurrency is crucial for users, so as to realize the dream of making virtual ideas become reality.
For this reason, in the field of cryptocurrency, many teams have been exploring stable currency. According to CryptoQuant data, stabilecoin holdings on global crypto exchanges hit a high record of $9.8 billion as of March 28, 2021. At the same time, the total stable currency market capitalization once topped $80 billion, according to CoinGecko, the current daily trading volume of all stable currencies is about $118.340 billion. Also, CoinMarketCap shows there are 16 mainstream stable currencies now.
The stable currency is illusory?
In general, both USDT and DAI are still on their way and haven’t really achieved the goal of “stable currency”. Tether’s White Paper said: “Tether is a decentralized cryptocurrency, but we are not a perfectly decentralized company. We store all of our assets as a centralized pledge.” Therefore, USDT is just borrowing the name of the cryptocurrency, but it is not really decentralized.
DAI, developed by MakerDao, is the largest decentralized stable currency on Ethereum. It is issued with the guarantee of the full amount of assets on the blockchain. It is only generated in the application scenario based on the mortgage, and the market value of the mortgage assets is the ceiling of it. Therefore, these stable currencies are illusory in a sense.
Will algorithmic stable currencies finally fail?
Now let’s take a look at the development process of algorithmic stable currencies, known as the holy grail of cryptocurrency. From stable currency1.0 represented by AMPL, stable currency2.0 represented by Basis Cash to stable currency 3.0: Frax Finance, all of them have gone through a period of growth. However, the stable currency reality is that we live under the sense of “ever-changing”, and stable value is still in the ideal.
AMPL algorithmic stable currency is used to increase or decrease the supply of AMPL in order to keep the price of AMPL around $ 1. Ampleforth uses Rebase operation to change the AMPL held by all users as a whole. The Rebase price is based on the average price of the past 24 hours. When this price is above $1.05, the AMPL balance in all users’ wallets increases simultaneously. At prices below $0.95, all users’ AMPL balances decrease simultaneously. During this process, the percentage of AMPL held by users in the supply does not change. It looks like everything is fine on its own, but when the price of cryptos falls to the point where deflation is needed, both the quantity and price of coins held by users are falling, so users face a double whammy.
So it’s easy to create a death spiral. Similarly, when crypto price rises, it is easy to create an upward death spiral. Thus it can be seen that this price model only has two possibilities: the price continues to fall, get into the infinite death circle and leave the market, and the price rises steadily to around 1USDT; Prices rising, the AMPL has been printing (dividend), AMPL reserve disappeared, crypto began to value return, people in loss cannot gain AMPL, prices will fall back near 1 USDT (need funds continue getting into the market), so it is difficult to see AMPL achieve speculation, meanwhile achieve stability, And stability is a necessary condition for a stable currency.
Basis Cash, as represented by 2.0, includes three tokens, Basis Cash (BAC), Basis Share (BAS), and Basis Bond (BAB), among which BAB is non-transferable. The BAC is the stable currency, anchored to $1; BAS is an equity token, and newly-minted BAC tokens can be allocated. BAB is a bond. There is nothing wrong with Basis Cash based on the algorithm itself, but without a good application scenario, relying on the debt market itself is dangerous. There is actually a problem with debt financing in traditional markets, where those “too big to fail” entities can take on the risk of impunity through socialized bailout costs. It is entirely possible that Basis Cash could go into a debt spiral, in which case there would be no willing contributors, the debt would accumulate and the protocol would collapse.
Finance FX is the first partial algorithmic stable currency project, adding the concept of using “partially stable” as a collateral asset to the existing algorithmic stable currency. There are two types of tokens in Frax, the stabilization token Frax, and the governance token FXS. Frax costs USDC and FXS, but only USDC during creation. The initial mortgage rate is 100%, that is, all USDC mortgage is used to cast FRAX. After that, the mortgage rate will be adjusted every hour. If the price of FRAX is more than $1, the mortgage rate will be reduced and FXS ‘share in it will be increased. Raise the mortgage rate if the Frax falls below $1. The mortgage rate is adjusted every hour by 0.25% each time. But its high mortgage ratio leads to the lack of user appeal, its currency numbers and market supply have been stagnant.
Although the above three generations of stable currencies seem to be making breakthroughs and innovations, they do not give a satisfactory answer on how to solve the credit problem. However, algorithm stable currency that cannot solve the credit problem is useless. Bitcoin came into being to solve the problem of credit, but the stable currency, as an important extension of its development, has not inherited the legacy of credit, and is still stuck in the algorithm.
Crypto Credit Network (CCN)
In the financial field, credit is the foundation and the lifeblood. This is true of both traditional and modern financial systems. In the traditional financial system, credit mainly relies on the guarantee of laws and institutions. Apart from the high operation cost, the “credit crisis” gradually exposed by financial intermediaries is the fundamental reason why people urgently embrace the blockchain technology. Algorithm stable currency is going to help cryptos solve the credit problems, guaranteeing machine credit by algorithm, which does not rely on third-party subjective will and makes transaction transparent, efficient, reliable, and stable, let people who do not have to establish credit relationship between each other to achieve cooperation and free trading, reduce the cost of credit.
However, the world of blockchain cryptocurrency is a chaotic existence without a role name. To change from chaos to brightness, each individual needs to have his or her own identity, so that we can obtain the faith like phoenix nirvana. The CCN gives each individual a unique CID (Crypto Identification), which is the most basic rule in the Crypto world. To build a new crypto world of order, autonomy, and equality.
The construction of CCN not only takes blockchain technology as support, but also has a reasonable economic incentive mechanism. Reasonable use of incentive mechanism is an effective means to stimulate all parties to participate in the construction of CCN.
A sound incentive mechanism, reasonable mechanism design from the perspective of leading efficiency and fair governance, can make the value generated by credit information flow effectively to the value provider in the blockchain world, punish the evil behavior, and resolve the conflict between individual interests and collective interests. It makes the individual’s behavior of pursuing individual interests unified with the goal of maximizing collective value.
Therefore, CCN can further clarify the economic interests of each participant and the overall interests of the network, so as to fully mobilize the enthusiasm of each participant and guarantee great development of CCN from the source.
The CCN consists of three different identities: Creator, Guardian, and Angel, all of them have established screening mechanisms. Only firm believers can obtain the CCN identity. Early believers are required to contribute to maintaining the stability of early CCN by burning GAC tokens. Therefore, they are not only holders of GaeaCoin, but also determined preachers and builders. When GaeaCoin issues additional shares, it will also receive a corresponding percentage of GAC tokens as a reward.
The establishment of this system aims to provide every GaeaCoin participant with the opportunity to contribute to the community construction, and to create a healthy crypto community culture of dedication and autonomy through consensus, symbiosis, co-construction, and sharing.
In CCN, although the identity is different, the residents on the chain of CCN build the initial transaction link according to their CID address, and constantly expand CCN on the chain. Open CID needs to be recommended by the network resident, once the link is formed, it cannot be changed forever. Each of the three different identities requires a different number of GAC tokens to burn, which can be viewed on the GaeaCoin network. GaeaCoin network residents have different rights according to their status.
The integration with the DEX: OxySwap has pioneered a full range of applications
There is a natural interdependence between exchange and stable currency. The exchange has always been an important part of crypto digital asset market, and it is also the first application place of stable currency. Like Binance with BUSD and Huobi with HUSD, OKEx also launched USDK on June 3, 2019. Traditional CEXs are fiat currencies, where fiat currencies are exchanged for cryptos. If you want to buy crypto digital assets, you need to top up fiat currency, which undoubtedly increases the economic and time costs of investors in the process of exchange. The emergence of a stable currency can not only solve the above problems but also effectively avoid legal risks in the process of the transaction.
As it should be, the integration of GaeaCoin ecology and OxySwap not only lay a solid foundation for stable currency: GAC token application, but also creates opportunities for it to open up more and wider application scenarios.
OxySwap is a decentralized exchange running on the BSC with a collection of DEX liquidity mining, which offers functions of exchange, liquidity, market making, and so on. The strength of OxySwap guarantees the usages of the stable currency: GAC.
GAC will lead a brighter way
GaeaCoin algorithm stable currency: GAC dares to face the challenge, according to the industry news, GAC praises is not only relatively stable from the concept, but also to really put into application. In addition to GAC (GaeaCoin), GaeaCoin ecology also includes GAB (GaeaCoin Bond) and GASH (GaeaCoin Share), which serve to maintain the stability of GAC. GaeaCoin Ecology also integrates GaeaCoin protocol, algorithm, robustness, price response, encryption, and other technologies, superposed with the DeFi ecology of Crypto Credit Network (CCN), OxySwap (DEX), and so on, providing a realistic solution for GAC, and leads it to move towards the real “stability”.
The integration of CCN and OxySwap points out the direction for the application of algorithmic stable currency. In fact, we can already feel the power of the GaeaCoin algorithm stable currency, and once it is used at a large scale, the ideal stable currency is expected to arrive ahead of time. DeFi will also build on this basis, using currency, lending, spot trading, and other components to build continuously upgraded Lego of DeFi.
GaeaCoin’s move directly challenges the world’s centralized stable currency giants such as USDT and USDC, but compared to the previous challenges of AMPL, BAC, and FRAX, this well-prepared challenge looks more anticipated!
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
AutoFull Introduces M6 Ultra+ 2.0 – Setting a New Standard for Comfort in Professional Gaming Chairs
New York, NY, United States, 14th Apr 2026 – AutoFull, the official partner of the Intel Extreme Masters (IEM) 2026 global esports tournament and the designated gaming chair brand for the event, has officially introduced the new M6 Ultra+ 2.0 gaming chair, further strengthening its commitment to professional esports and ergonomic innovation.
Integrated Shiatsu Massage for Targeted Relief
At the core of the M6 Ultra+ 2.0 is a built-in Shiatsu massage system that provides targeted pressure relief to key areas of the body. Designed to simulate professional massage techniques, it helps reduce muscle tension and fatigue, making it especially beneficial during or after long gaming or work sessions.
The gaming chair incorporates a 6-way AdapTech dynamic lumbar support system that continuously adapts to the user’s posture. This intelligent support mechanism ensures proper spinal alignment and reduces lower back strain, providing consistent ergonomic support throughout extended periods of sitting.
Premium Materials and Breathable Construction
With a strong focus on material innovation and long-duration comfort, the M6 Ultra+ 2.0 features a three-layer breathable architecture composed of multi-layer airflow materials that actively promote air circulation, helping reduce heat buildup and perspiration during extended use.
This is further enhanced by a 3D high-flow ventilation network embedded throughout the seat and backrest, ensuring consistent airflow across key contact areas. The surface is crafted from nano-bionic breathable leather, offering improved durability while maintaining superior ventilation. Combined with a luxury-grade tactile finish, the chair delivers a soft, pressure-free seating experience designed to remain comfortable over long sessions.
Advanced Comfort Technology for Extended Sessions
The overall structure of the M6 Ultra+ 2.0 is ergonomically engineered specifically for prolonged sitting. From its adaptive support zones to its full-body alignment design, the chair is built to maintain comfort, reduce pressure points, and support natural posture across extended use scenarios.
Equipped with a climate-controlled cushion, the M6 Ultra+ 2.0 delivers year-round comfort through dual-function temperature regulation. A dual-fan ventilation system enhances airflow to keep the seat cool, while an integrated graphene heating system provides fast and even warmth in colder conditions. Together, these features create a balanced seating environment regardless of external temperatures.
To further support long-duration use, the chair includes a leg vibration massage function designed to promote blood circulation and reduce numbness caused by prolonged sitting. This feature helps maintain overall comfort and reduces fatigue during extended gaming or work sessions.
Precision Adjustability and Additional Features
Beyond its core comfort systems, the M6 Ultra+ 2.0 offers a range of precision-adjustable features to enhance usability. These include 720° omnidirectional mechanical armrests for highly customizable positioning, and a 160° infinite reclining backrest for seamless transition between work and relaxation.
The ergonomic chair also features a built-in vibration massage system with adjustable intensity levels for additional relaxation, as well as a dual power supply system that supports both internal battery operation and external power input for greater flexibility and uninterrupted use.
From Tournament Stage to Everyday Performance
Widely regarded as a preferred choice for professional tournaments and top-tier athletes, AutoFull is trusted by leading esports talent, including Counter-Strike 2 pro Nikola “NiKo” Kovač, who also serves as an official AutoFull experience ambassador. The chair experience is further endorsed by NiKo alongside legendary ADC player Jian “Uzi” Zihao, both acting as representative experience ambassadors for the brand.
The M6 Ultra+ 2.0 will be available at an early bird price of $769.99 from April 14 to April 27, 2026, followed by a regular price of $1099. To learn more about the M6 Ultra+ 2.0, please visit AutoFull’s official website.
About AutoFull
AutoFull is a gaming chair brand specializing in ergonomic seating solutions for e-sports and professional users. The company is known for its involvement in global e-sports events and collaborations with top-tier players. It aims to support long gaming and working sessions by combining design, functionality, and comfort. AutoFull continues to expand its presence in the competitive gaming industry through innovation and partnerships.
Media Contact
Organization: AutoFull
Contact Person: Kent Wang
Website: https://www.Autofull.com
Email:
service@autofull.com
City: New York
State: NY
Country:United States
Release id:43989
The post AutoFull Introduces M6 Ultra+ 2.0 – Setting a New Standard for Comfort in Professional Gaming Chairs 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.
Sharjah, UAE, 14th April 2026, Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025.
Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions to depositors and Sukuk holders amounted to approximately AED 581.7 million, compared to AED 546.9 million in the prior-year period.
Sharjah Islamic Bank continues to diversify its income streams, as reflected in the growth of net fee and commission income and other operating income, which increased by 9.3% to reach AED 179.7 million by the end of the first quarter of 2026, compared to AED 164.4 million for the same period in 2025. This growth contributed to an increase in the Bank’s total operating income to approximately AED 644.1 million, up by AED 112.4 million, or 21.1%, compared to AED 531.7 million during the same period last year.
These results underscore the strength of SIB’s financial foundations and its prudent risk management approach, ensuring consistent profitability and the creation of sustainable long-term value within a challenging operating environment.
Total assets remained stable at AED 90.9 billion by the end of the first quarter of 2026, reflecting a modest increase of AED 553.9 million, or 1%, compared to AED 90.3 billion at the end of the previous year. This growth was primarily driven by an increase in total investment in Islamic financing, which reached AED 46.8 billion, compared to AED 45.6 billion at the end of 2025, representing growth of 2.6%.
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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.
Press Release
Post financial year-end hiring: Why Q2 staffing planning sets the tone for annual performance
As businesses move out of financial year-end reporting and into a new operational cycle, recruitment in Q2 has become a strategic priority for finance,
Johannesburg, Gauteng, South Africa, 14th Apr 2026 – As businesses move out of financial year-end reporting and into a new operational cycle, recruitment in Q2 has become a strategic priority for finance, insurance and contact centre environments. Staffing decisions made in April and May can have a direct impact on performance for the remainder of the year.
Q1 is often characterised by pressure, with sales targets peaking, policy renewals increasing volumes and operational teams working to maintain service levels. By the time Q2 begins, many organisations are operating in recovery mode while also preparing for new campaigns, growth targets and internal restructuring.
This creates a critical window for staffing planning.
Why Q2 is a defining recruitment period
Unlike January, which focuses on restarting operations, Q2 is where businesses begin executing annual strategy. Hiring decisions made during this period are often more deliberate, more closely aligned to targets and more directly linked to performance outcomes.
For contact centre and insurance environments, this typically means stabilising teams after high-pressure periods, replacing Q1 attrition, scaling up for mid-year campaigns and sales drives, and strengthening operational roles to support growth.
Without structured planning, these competing demands can place significant strain on internal teams.
The risk of reactive hiring
When recruitment is driven by immediate pressure rather than forward planning, quality can be compromised. Roles may be filled quickly, but not always correctly, resulting in higher attrition, inconsistent performance and increased pressure on already stretched teams.
In regulated environments, the risks are greater. Poor hiring decisions can affect compliance, customer experience and overall operational stability. Reactive hiring also limits visibility, leaving businesses to respond to gaps rather than prevent them.
Moving toward structured staffing planning
More organisations are recognising the need for a structured approach to recruitment in Q2. This means aligning hiring plans with business objectives rather than treating recruitment as a standalone function.
Key components of this approach include forecasting demand based on campaign cycles and operational needs, identifying critical roles that affect performance, building talent pipelines ahead of peak hiring periods, and implementing scalable recruitment processes that adapt to demand.
This shift helps businesses move from reactive hiring to proactive recruitment management.
The role of flexible staffing models
In industries where demand fluctuates, maintaining a fully permanent staff base is not always efficient. Project-based and campaign-specific staffing models provide a practical way to scale during peak periods without long-term overhead commitments.
These models offer agility in response to changing business conditions. However, flexibility should not come at the cost of quality, and candidates must still meet the same standards of performance, compliance and reliability.
Why recruitment partners matter
Internal HR teams play a critical role, but they are often not equipped for high-volume, time-sensitive recruitment. Balancing day-to-day responsibilities with large-scale hiring demands can increase pressure and create delays.
A specialist recruitment partner can provide dedicated sourcing capacity, access to pre-qualified talent pools, structured screening and vetting processes, and the ability to scale quickly without compromising quality.
How Isilumko Staffing supports Q2 recruitment planning
Isilumko Staffing works with finance and insurance businesses to deliver recruitment solutions aligned to operational and strategic needs. With experience in high-volume, regulated environments, the company provides access to pre-screened, role-ready candidates, flexible staffing solutions aligned to campaign and business cycles, structured recruitment processes that prioritise quality and compliance, and scalable support for short-term and long-term hiring needs.
Underpinned by values of ownership, integrity and exceptional performance, Isilumko Staffing aims to ensure recruitment supports business continuity rather than disrupting it.
Recruitment as a performance driver
In 2026, recruitment is no longer only about filling roles. It is about enabling performance, managing risk and supporting business growth.
Q2 offers organisations an opportunity to reset their approach and implement staffing strategies that can support performance for the rest of the year. Businesses that plan effectively are better positioned to manage demand efficiently and sustain more consistent results.
Media Contact
Organization: Isilumko Staffing
Contact Person: Virgilene Moodley
Website: https://isilumko.co.za/
Email: Send Email
Contact Number: +27113166640
Address:Unit C5, Mount Royal, 657 James Crescent, Halfway House, Midrand, 1685
Address 2: Unit G, La Rocca, 321 Main Road, Bryanston, Johannesburg, 2195
City: Johannesburg
State: Gauteng
Country:South Africa
Release id:44005
The post Post financial year-end hiring: Why Q2 staffing planning sets the tone for annual performance appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
AutoFull Introduces M6 Ultra+ 2.0 – Setting a New Standard for Comfort in Professional Gaming Chairs
Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
Post financial year-end hiring: Why Q2 staffing planning sets the tone for annual performance
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