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“Algorithm + Credit” Rebuild the Value Foundation of DeFi

Published

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

Valetax Enhances Leadership Team with Appointment of John Taylor as CCO

Published

7 hours ago

on

May 6, 2026

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Singapore, 6th May 2026, ZEX PR WIRE — Valetax has appointed John Taylor as Chief Commercial Officer (CCO), a move aimed at reinforcing its global commercial framework and supporting the company’s next stage of expansion.

John brings over 25 years of experience in global financial markets, with a background spanning senior leadership roles across Tier 1 investment banks and leading CFD brokerages. He has held board level positions including CEO, COO, CIO, and CFO, providing him with a well-rounded perspective on both strategic direction and operational execution.

Over the course of his career, John has worked across more than 20 countries and has been involved in growth initiatives across regions including MENA, South Africa, Brazil, India, Europe, and Southeast Asia. His experience includes business expansion, cross-border integration, and the development of operations in high growth markets, as well as involvement in mergers and acquisitions and post-acquisition integration.

In his new role, John will be responsible for leading Valetax’s global commercial strategy, with a focus on strengthening market structure, developing partnership networks, and aligning commercial initiatives with product and client experience priorities.

Viktor, CEO of Valetax, commented:
 “Bringing John into the business reflects our continued focus on building a strong and disciplined commercial organisation. His experience across international markets and leadership roles will support our efforts to scale effectively while maintaining a clear strategic direction.”

John Taylor said:
 “Valetax has established a solid platform, with a clear focus on technology, product, and client experience. There is a strong opportunity to further develop its commercial structure and expand its reach across key markets. I look forward to working with the team as the company continues to grow.”

The appointment underscores Valetax’s commitment to strengthening its leadership team as it continues to expand globally and enhance its offering as a technology focused brokerage.

About Valetax

Valetax is a global multi asset brokerage delivering a technology driven trading experience. The company offers advanced infrastructure, competitive conditions, and scalable solutions for traders and partners, with a focus on transparency, performance, and innovation.

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Cloud PR Wire

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Creeper Defeater Announces Skeeter Weeper 2.0, the Next Generation Smart Mosquito Fogging and Misting System

Published

7 hours ago

on

May 6, 2026

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The new upgraded system delivers smarter app controls, expanded coverage, faster setup, and a more advanced plant powered formula designed to help families reclaim outdoor living.

United States, 6th May 2026 – CREEPER DEFEATER today announced the launch of Skeeter Weeper 2.0, the latest evolution of its smart mosquito fogging and misting system engineered to help homeowners defend outdoor spaces against mosquitoes and other pests without relying on harsh chemical pesticides. Building on the success of the original Skeeter Weeper system, the new 2.0 model introduces expanded smart functionality, enhanced treatment performance, improved convenience, and a refined natural formula designed for modern outdoor living. 

Skeeter Weeper 2.0 was developed to give homeowners greater control over pest management while prioritizing safety for families, pets, pollinators, and outdoor environments. The upgraded system combines app controlled precision fogging with a proprietary plant powered concentrate formulated to repel and eliminate mosquitoes, flies, gnats, fleas, ticks, no see ums, mites, aphids, and additional outdoor pests. 

“Outdoor spaces should feel relaxing and enjoyable, not overrun by mosquitoes and chemical heavy solutions,” said a spokesperson for CREEPER DEFEATER. “Skeeter Weeper 2.0 represents a major leap forward in smart outdoor pest defense. We focused on making the system more powerful, easier to use, and more compatible with the way families want to live outdoors today.”

Among the most significant upgrades in Skeeter Weeper 2.0 is its enhanced smart control platform. Homeowners can activate treatments directly from their smartphones and customize misting durations from as little as 10 seconds up to two minutes depending on weather conditions, infestation levels, and pest activity. The system allows users to control treatments remotely, helping create a more flexible and responsive pest management experience. 

The new generation system also expands scalable yard protection. Each additional unit is capable of adding approximately 1,000 square feet of treatment coverage, allowing users to customize protection for patios, pools, gardens, fences, entertainment areas, and larger outdoor properties. 

Designed with simplicity in mind, Skeeter Weeper 2.0 installs in under 10 minutes directly out of the box, eliminating the need for complicated professional installation often associated with traditional mosquito misting systems. 

At the core of Skeeter Weeper 2.0 is CREEPER DEFEATER’s upgraded proprietary eight ingredient formula featuring Lemon Balm, Frankincense Resin, Cedarwood Oil, Soy Oil, Thyme Oil, Geraniol, Mild Soap, and naturally occurring Vitamin E. The company states the new, optimized formula is four times more concentrated than leading competitors while excluding common ingredients considered problematic for pets or pollinators, including vinegar, alcohol, garlic, peppermint oil, and citronella oil. 

The formula was specifically developed to align with EPA FIFRA 25(b) minimum risk pesticide standards and avoid synthetic neurotoxins commonly associated with conventional mosquito control systems. According to CREEPER DEFEATER, the system is designed to be pet safe, child conscious, garden friendly, and pollinator conscious when used as directed. 

Skeeter Weeper 2.0 also introduces improved treatment flexibility. Users can target mosquito activity during key peak periods such as dawn and dusk or activate treatments immediately before outdoor gatherings. The ultra fine mist is designed to settle and blanket the treatment zone within approximately five minutes, helping the formula reach hard to access areas including nooks, crannies, moisture collection points, dense landscaping, and other environments where mosquitoes and pests commonly breed and hide.

Regular treatment cycles are designed to help interrupt mosquito breeding and reduce pest populations over time while maintaining short term protection for up to six hours depending on environmental conditions. 

As part of the launch, every Skeeter Weeper 2.0 system includes a complimentary on body bug spray and a free bottle of repellent concentrate with a refill plan purchase.

The launch comes amid growing consumer demand for alternatives to harsh chemical pesticides.

Skeeter Weeper 2.0 is proudly assembled in Dallas, Texas and is now available through CREEPER DEFEATER.

For more information visit CREEPER DEFEATER online or email Hello@CreeperDefeater.com.

ABOUT CREEPER DEFEATER

CREEPER DEFEATER develops premium natural pest control solutions designed to help homeowners protect indoor and outdoor spaces using plant powered ingredients and smart application systems. The company focuses on creating products that balance effectiveness, convenience, and safety for people, pets, and pollinators. 

Media Contact:

CREEPER DEFEATER
Media Relations Department
Dallas, Texas
Website: Visit CREEPER DEFEATER

Media Contact

Organization: Creeper Defeater

Contact Person: Support team

Website: https://creeperdefeater.com/

Email: Send Email

Country:United States

Release id:44764

The post Creeper Defeater Announces Skeeter Weeper 2.0, the Next Generation Smart Mosquito Fogging and Misting System 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

Creeper Defeater Announces Critter Cannon 2.0, an Upgraded Liquid Repellant Dispenser for Targeted, Pet-friendly Pest Control

Published

8 hours ago

on

May 6, 2026

By

The new handheld shooter features improved water-resistant formula performance, precision application, and a flexible refill program designed to help homeowners manage pests more effectively.

United States, 6th May 2026 – CREEPER DEFEATER today announced the launch of Critter Cannon 2.0, an updated liquid pest control dispenser engineered to give homeowners a more controlled and efficient way to manage unwanted pests without relying on harsh chemical pesticides. Building on the original Critter Cannon, the new 2.0 model introduces improved outdoor durability, enhanced application control, and an optimized plant-based formula designed for real-world conditions.

Critter Cannon 2.0 was developed to provide a more precise and responsive pest control experience while maintaining a strong focus on safety for pets, families, and the surrounding environment. The system combines a rechargeable electric handheld sprayer with an upgraded liquid repellant solution designed to deter a wide range of common pests in targeted areas such as gardens, patios, fence lines, and property perimeters.

“Pest control should be effective without being excessive or complicated,” said a spokesperson for CREEPER DEFEATER. “Critter Cannon 2.0 gives users a simple, controlled way to apply treatment exactly where it’s needed, with a formula designed to perform outdoors while remaining considerate of pets and the environment. It’s also a whole lot of fun to use!”

The Critter Cannon 2.0 features a dual-capacity system, including a high-capacity drum and a smaller magazine, allowing users to adapt to different treatment sizes and scenarios. The device delivers consistent bursts of liquid repellant at the push of a button, offering more control and accuracy compared to traditional spray methods.

At the core of the system is the upgraded Critter Cannon Ammo, an enhanced version of CREEPER DEFEATER’s plant-based pest control formula. The new formulation is designed to be more water-resistant, helping maintain effectiveness in outdoor conditions while reducing the need for frequent reapplication.

The formula avoids synthetic pesticides as well as commonly used natural irritants such as vinegar, alcohol, and peppermint. Instead, it uses a blend of plant-based ingredients including lemon balm, frankincense resin, cedarwood oil, soy oil, thyme oil, and geraniol, a compound naturally found in rose oil. A mild soap aids in even dispersion, while vitamin E serves as the preservative.

According to CREEPER DEFEATER, the upgraded solution is designed to deliver strong repellant performance while remaining safe for use around dogs and cats when used as directed, and considerate of pollinators and outdoor environments. The higher concentration of active ingredients is intended to provide improved performance compared to many conventional products that rely on harsher or more irritating components.

To support consistent use, CREEPER DEFEATER offers a subscription refill program for Critter Cannon Ammo. This program allows customers to receive refills on a regular schedule, helping maintain treatment consistency without the need for manual reordering.

The Critter Cannon system is assembled in the United States, reflecting the company’s focus on quality control and responsible manufacturing.

CREEPER DEFEATER also continues to support a broader mission beyond pest control. Ten percent of company profits are dedicated to initiatives focused on combating online predators and supporting safer communities through prevention, education, and resources for individuals and families.

Critter Cannon 2.0 is now available through CREEPER DEFEATER.

For more information visit CREEPER DEFEATER online or email Hello@CreeperDefeater.com.

ABOUT CREEPER DEFEATER
CREEPER DEFEATER develops premium natural pest control solutions designed to help homeowners protect indoor and outdoor spaces using plant-based ingredients and smart application systems. The company focuses on creating products that balance effectiveness, convenience, and safety for people, pets, and pollinators.

Media Contact:

CREEPER DEFEATER
Media Relations Department
Dallas, Texas
Website: Visit CREEPER DEFEATER

Media Contact

Organization: Creeper Defeater

Contact Person: Support team

Website: https://creeperdefeater.com/

Email: Send Email

Country:United States

Release id:44765

The post Creeper Defeater Announces Critter Cannon 2.0, an Upgraded Liquid Repellant Dispenser for Targeted, Pet-friendly Pest Control 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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Cloud PR Wire

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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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