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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

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Press Release

Scientology Volunteers provide needed humanitarian help after natural disasters in Venezuela

Published

6 minutes ago

on

July 2, 2026

By

Nearly 400 Volunteer Ministers have been mobilised between Caracas and La Guaira, with supplies, rescue coordination, emotional assistance and international support reaching families affected by recent natural disasters.

Brussels, Brussels, Belgium, 2nd Jul 2026 — In the wake of recent natural disasters that have struck several areas of Venezuela, the Scientology Volunteer Ministers have mounted one of their largest humanitarian operations in the country, working in coordination with the Church of Scientology International, the Church of Scientology of Caracas, the Church of Scientology of Valencia, private-sector allies, national rescue groups and international emergency teams.

The operation is running around the clock and includes humanitarian assistance, logistical coordination, emotional and spiritual support, donation management, supply distribution and support for rescue teams working in the most affected zones. According to those involved in the response, the immediate priorities have included Caracas and La Guaira, while assistance has also reached other affected areas, including Morón and Tucacas.

Rhaiza Ojeda, Director of Scientology in Venezuela, said that the response has required continuous coordination between volunteers, donors, rescue personnel and families waiting for news of loved ones.

“We have received approximately 20 tons, including clothing, shoes, food, hygiene items, medicine, utensils for children, mats, safety boots for rescuers, headlamps for rescuers, picks, shovels, brooms and many other things,” Ojeda said in remarks from the relief operation. She added that much of what had arrived had already been distributed to those in need.

Ojeda said that the humanitarian teams are also identifying continuing needs, including infant formula, milk for older children, adult diapers for elderly people, and technical support for damaged structures and affected communities. “We have received supplies, but we have distributed almost all of them,” she said. “We are mainly supporting Caracas and La Guaira, because we consider them to be the two areas of greatest risk and greatest need.”

A major component of the operation has been cooperation with the Topos rescue organisation of Mexico, an internationally known search-and-rescue organisation with extensive experience in disaster zones. With logistical backing and field coordination from Scientology Volunteer Ministers, specialised rescue personnel have been supporting evaluation, rescue and technical assistance in the areas most affected by the disaster.

The Volunteer Ministers have also helped coordinate transport and movement of specialised personnel, supplies and humanitarian aid into affected zones, including support for rescuers, medical personnel, engineers and infrastructure specialists working to save lives and restore essential services.

Venezuelan actress and humanitarian Ruddy Rodríguez, who has been assisting and communicating from the relief effort, stressed that the response is not a brief appearance but a sustained commitment to families still facing uncertainty.

“I speak as a human being, not as an actress,” Rodríguez said. “I feel that at this moment Venezuela needs hopeful information. We must not discard or close the hope of life, because there is still life.”

She added that rescue and relief teams must continue to act with urgency. “Under that rubble, under all that earth, there are still people breathing, still people asking for help,” she said. “This is the beginning. This is not something to stay for a little while and then leave.”

According to Rodríguez, at the time of her remarks there were “almost 400 Volunteer Ministers divided between Caracas and La Guaira,” with additional volunteers and support expected from other countries. She noted that Volunteer Ministers and supporters had arrived from many countries, including Colombia, Costa Rica, Brazil, the United States, Israel, Spain and others, with Mexican rescue teams also joining the effort. “Disaster unites us,” she said. “We all go to one place.”

The response has also extended beyond Latin America. European Scientologists have rallied to send assistance to Venezuela, and several volunteers from Spain have already joined the humanitarian forces on the ground, travelling to Venezuela to serve as Volunteer Ministers. Organisers said the international mobilisation reflects the broader Volunteer Ministers principle that, in the face of human suffering, practical help and human solidarity must move quickly.

In an interview with Noticias Ecovisión, Rodríguez described the emotional purpose of the relief effort as well as its logistical one.

“I think the most important thing right now, as any volunteer group, is to help strengthen, to rehabilitate hope, to rehabilitate the greatness, to truly rehabilitate all that is good and great in Venezuelans so we can keep going,” she said. “This is truly a very hard moment for all Venezuela, and I feel great pride in the love of Venezuelans for Venezuelans, and for the foreign countries that have had the opportunity to lend us their support, their rescue workers, their rescue dogs. Truly, thank you. I believe every Venezuelan feels truly grateful for that support.”

Rodríguez also emphasised that the work is open in spirit and purpose, focused on service rather than affiliation. “This is a long process. This is only beginning,” she said. “Those who want to be trained to help others, here in Valencia, and also in Caracas, we can train them so they can be Scientology Volunteer Ministers without needing to be Scientologists. There is no race here, no colour, no specific religion. We all work for one common purpose: to continue bringing well-being and helping the people of Venezuela, our people, who need it so much at this moment.”

Beyond material aid, Volunteer Ministers have been providing emotional support to survivors and to families waiting for information about missing relatives. Ojeda described lines of relatives seeking news and support near the centres of assistance.

“There is always a cordon of relatives eager to know what happened to their families,” Ojeda said. “We also attend to those groups. We look after the children. We are making sure they are well. If they are going to stay all night, we care for them, we attend to them, we give them emotional help.”

She described the work as “a crusade of humanity,” adding that Venezuelans must respond with empathy after a shock of this scale. “Right now, Venezuelans have to be truly empathetic with one another so we can support each other, stand behind each other, and get ourselves out of this shake-up we have experienced, which was very hard.”

The Scientology Volunteer Ministers programme was established by L. Ron Hubbard, founder of the Scientology religion, and operates under the motto, “Something can be done about it.” The programme trains volunteers to provide practical assistance in times of disaster and social need, including support for individuals and families affected by loss, displacement and trauma. Volunteer Ministers have participated in relief work following earthquakes, hurricanes, floods, fires and other emergencies in numerous countries.

Ivan Arjona, representative of the Church of Scientology to the European Union, the OSCE, the Council of Europe and the United Nations, said the Venezuelan operation illustrates the practical meaning of human dignity in a moment of crisis.

“What is taking place in Venezuela is a reminder that human rights and human dignity begin with the person in front of us,” Arjona said. “Food, water, a blanket, a trained volunteer, a rescue team that can reach a dangerous area, or a word of hope to a family waiting through the night — these are concrete expressions of human dignity. European Scientologists have not looked at this tragedy from a distance. Many are sending assistance, and volunteers from Spain have already travelled to Venezuela to stand alongside local teams and affected families. That spirit of service reflects the best of Europe’s civic tradition: responsibility, solidarity and respect for every human life.”

Arjona also thanked the International Association of Scientologists for the emergency support being provided in Venezuela, saying that the humanitarian effort demonstrates the importance of cooperation between religious communities, civil society, rescue specialists and private partners. “When public institutions, volunteers, faith-based groups, professionals and citizens work together, the response becomes faster, more humane and more effective,” he said. “In such moments, the question is not what separates people, but what can be done to help them.”

The current operation in Venezuela includes the reception, classification and distribution of food, drinking water, medicines, hygiene products, clothing, blankets, children’s supplies and safety equipment. Volunteer teams are also assisting with the organisation of centres for children and families, support for displaced communities and coordination of resources for those who have lost homes, relatives or essential belongings.

Representatives of the Volunteer Ministers said the scale of the emergency requires disciplined coordination as well as compassion. “When a tragedy of this magnitude occurs, every minute counts and every person can make a difference,” they said. “Our volunteers are working day and night to help save lives, support affected families and bring hope where it is most needed. Venezuela is showing once again that solidarity is stronger than any disaster.”

The Church of Scientology, its missions, groups and members are present throughout the European continent, where their recognition as charitable and bona fide religious communities continues to grow. Inspired by the works of L. Ron Hubbard, Scientology-supported humanitarian initiatives include drug prevention education, human rights awareness, moral education through The Way to Happiness, and Volunteer Minister service in times of need. Across Europe and internationally, these activities reflect a continuing commitment to education, prevention and community betterment.

Media Contact

Organization: European Office Church of Scientology for Public Affairs and Human Rights

Contact Person: Ivan Arjona

Website: https://www.scientologyeurope.org

Email:
scientology@europeanaffairs.eu

Address:Boulevard de Waterloo 103

City: Brussels

State: Brussels

Country:Belgium

Release id:46717

The post Scientology Volunteers provide needed humanitarian help after natural disasters in Venezuela 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

Sunny Glen Children’s Home Celebrates Successful Third Annual Fatherhood Festival

Published

1 hour ago

on

July 2, 2026

By

Rio Grande Valley Families Gather to Honor Fathers and Father Figures

SAN BENITO, TX, UNITED STATES — Sunny Glen Children’s Home wrapped up its Third Annual Fatherhood Festival on Saturday, June 27th, welcoming approximately 150 community members from across the Rio Grande Valley for a morning of games, food, and connection dedicated to celebrating the vital role fathers play in the family, whether biological, adoptive, or a father figure.

Held from 10 a.m. to 1 p.m. at the Poenisch Counseling Center on Sunny Glen’s San Benito campus, the free event paired family fun with practical support, offering outdoor games, a family picnic, and giveaways alongside community resource booths designed to connect local families with services they can use year-round.

The festival was made possible through Sunny Glen’s partnership with the Heart Galleries of Texas, with Desiree’s Spa and Massage sponsoring the grand prize for the event’s giveaway raffle. A range of community partners joined the celebration, including CUTE Pediatrics, Mission Pawsible, the U.S. Coast Guard Auxiliary, The Perfect Body Studio, RGV Dads, and U.S. Fish & Wildlife with the Santa Ana Wildlife Refuge. Each brought resources and connection points for the families in attendance.

The event took place at the Poenisch Counseling Center, a trauma-informed facility built through the generosity of the Poenisch family. The center features counseling offices and a play therapy room open to both Sunny Glen residents and the broader community, and serves as a hub for the home’s parenting and transition programs. It also partners with Heart Gallery, a program of Foster Angels of South Texas, to support post-adoptive and post-permanency families throughout the region.

The Fatherhood Festival reflects Sunny Glen’s long-standing commitment to family, extending that mission into the wider South Texas community by celebrating fathers and father figures and connecting families with the resources they need to thrive.

About Sunny Glen Children’s Home

Sunny Glen Children’s Home was established in 1936 in a single house near La Feria, Texas, where six children were cared for. Since its inception it has provided a Christian home for over 25,000 children. The home offers long-term residential care, counseling services, and supervised development programs while pursuing family reunification when possible. To learn more or get involved, visit sunnyglen.org. 

Media Contact

Organization: Sunny Glen Children’s Home

Contact Person: Amanda Lucio

Website: https://www.sunnyglen.org/

Email:
media@sunnyglen.org

Address:PO Box 1373

City: San Benito

State: Texas

Country:United States

Release id:46716

The post Sunny Glen Children’s Home Celebrates Successful Third Annual Fatherhood Festival 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

Achiever Magazine Unveils Its Highly Anticipated Special Edition, “The Most Inspiring Women Leaders Making a Difference in 2026,” Featuring Tracy Doyle on the Cover

Published

2 hours ago

on

July 2, 2026

By

LEWES, Del. — Achiever Magazine is proud to announce the release of its much-awaited special edition, “The Most Inspiring Women Leaders Making a Difference in 2026,” celebrating exceptional women who are redefining leadership, driving innovation, and creating meaningful impact across industries and communities worldwide.

Gracing the cover of this prestigious edition is Tracy Doyle, Emotional Wellness Advocate, Resilience Coach, and Founder of Aurora Method Coaching, whose extraordinary journey from personal adversity to empowering women globally exemplifies the essence of resilient leadership.

This exclusive edition shines a spotlight on visionary women who are transforming lives through courage, purpose, and innovation. Tracy Doyle’s inspiring story reflects the power of emotional resilience and self-awareness, demonstrating how personal transformation can become a catalyst for helping others overcome burnout, strengthen relationships, and unlock their true potential.

In her exclusive feature, Tracy shares the experiences that inspired the creation of the Aurora Method, a psychology-informed and mindfulness-based framework designed to help women identify limiting beliefs, cultivate emotional clarity, and develop lasting resilience. Her mission is to empower individuals to create meaningful change from within, enabling them to lead more fulfilled personal and professional lives.

“Leadership today is about more than professional success—it’s about creating lasting impact through authenticity, compassion, and purpose,” said the editorial team at Achiever Magazine. “Tracy Doyle perfectly represents the spirit of this edition through her unwavering commitment to emotional wellness and transformational leadership.”

The special edition, “The Most Inspiring Women Leaders Making a Difference in 2026,” features a distinguished collection of influential women leaders from diverse industries who are challenging conventions, inspiring innovation, and making a remarkable difference in society through their vision and dedication.

With this edition, Achiever Magazine continues its commitment to recognizing outstanding professionals whose leadership journeys inspire the next generation of changemakers across the globe.

Readers can explore Tracy Doyle’s inspiring cover story and discover the remarkable achievements of other influential women leaders who are shaping a brighter future through leadership, innovation, and purpose.

To get your digital copy or learn more about the featured leaders, visit: https://www.achiever-magazine.com/business-magazines/

About Achiever Magazine

Achiever Magazine is an international business publication dedicated to recognizing visionary entrepreneurs, executives, innovators, and industry leaders who are making significant contributions across business, technology, healthcare, education, leadership, and social impact. Through exclusive interviews, cover stories, and insightful features, the magazine celebrates excellence while inspiring professionals worldwide to pursue meaningful success.

For Media Inquiries, Contact:

Achiever Magazine
16192 Coastal Hwy, Lewes, Delaware 19958, USA
Email: info@achiever-magazine.com
Phone: +13024040933
Website: www.achiever-magazine.com

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