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e-Money is Staking on AscendEX

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e-Money pioneering blockchain sectors first interest bearing stablecoins

AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the staking of e-Money (NGM) with an APR of 17% on Mar 23 at 9:00 a.m. EDT.

AscendEX’s innovative staking product allows users to participate in staking and earn rewards directly on the platform. AscendEX aggregates users’ staking interest and delegates assets to trusted validators on their behalf.  

e-Money is a blockchain-based electronic payment system that aims to make digital money transfers more accessible to everyone. The e-Money platform processes transactions with currency-backed stablecoins that are fast, transparent, and fully collateralized. With an interest-bearing mechanism and the support for major currencies at scale, e-Money stablecoins are highly efficient and liquid, giving them a significant advantage over other algorithmic stablecoins in fiat-backed economies. e-Money stablecoins function more like a tokenized bank deposit than a fiat-pegged currency, as it fluctuates based on incurred interest rates.

e-Money currently offers several European currency-backed stablecoins such as the eEUR, the eCHF, and tokens backed by Scandinavian currencies (eNOK, eDKK, and eSEK). e-Money is already working with multiple European banks to hold its stablecoin deposits. The fidelity and transparency of e-Money stablecoins will be ensured by Ernst & Young providing quarterly Proof of Funds.

e-Money’s native token NGM, is used to secure the e-Money network by bonding with one or more validators. Additionally, NGM token can be used to pay for transaction fees and as a staking token for users to earn rewards on the platform.  

The e-Money team brings together professionals with over 15 years’ experience within algorithmic trading, financial infrastructure, corporate venturing, and blockchain industries. Backed by leading institutions, including TRGC, ChainLayer, and Brilliance VC.  

Staking Details:

1) Minimum Delegation Amount: 3 NGM

2) Minimum Staking Period: unstake anytime

3) Reward Calculation Starting Time: T+1

4) Reward Distribution Starting Time: T+2

5) Reward Distribution Cycle: daily basis

6) Regular Unbonding Period: 21 day

7) Instant Unbonding: Supported

8) Instant Unbonding Fee: 2%

9) Compound Mode: Supported.

• T Day is a natural day based on Coordinated Universal Time (UTC)

• If you delegate before 24:00 on T Day, rewards will be calculated from T+1 Day and distributed from T+2 Day

• Rewards are distributed daily and need to be re-delegated manually unless under “compound mode”

• Undelegation process takes 21 days to complete, you can use Instant Unbonding and claim tokens back right away

• If you undelegate before 24:00 on T+N Day, you will receive rewards only for the N-1 Period

About AscendEX

Originally founded in 2018 as BitMax.io, AscendEx is a leading crypto and digital asset exchange catering to both professional and retail traders. Our venue offers spot, futures, margin trading and staking products and incorporates key elements from the DeFi space to foster a unique market structure for users. AscendEx is led by a team of Wall Street veterans who have applied traditional markets’ rigor to create a secure, safe, and reliable experience for all participants; and a reliable source of liquidity for primary offerings.

For more information and updates, please visit:

Website: www.ascendex.com 

Twitter: https://twitter.com/AscendEX_Global 

Telegram: https://t.me/AscendEXEnglish 

Medium: https://medium.com/AscendEx 

About e-Money

The e-Money protocol is built for the issuance of a range of interest-bearing currency-backed stablecoins reflecting various world currencies. Each token is backed by a reserve of assets denominated in its underlying currency. e-Money currently supports the Euro (EUR), Swiss Franc (CHF), Swedish Krona (SEK), Norwegian Krone (NOK) and the Danish Krone (DKK) with a host of additional currencies pegged for release in 2021. The project is dedicated to total transparency with quarterly reserve audits performed by Ernst & Young.

Unlike most existing stablecoins which aim to maintain a static 1:1 peg with their underlying assets, the value of e-Money’s currency-backed tokens continually shifts in line with the interest accrued on the reserve assets. This means that holders benefit from the interest accrued on their assets while they sit securely in your wallet. The e-Money blockchain supports instant payments at scale and includes a DEX for easy conversion between currencies. e-Money expects to integrate with Cosmos Hub, Ethereum and Avalanche in the first half of 2021.

For more information and updates, please visit:

Website: https://e-money.com 

Twitter: https://twitter.com/emoney_com 

Medium: https://medium.com/e-money-com
Telegram: https://t.me/emoney_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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Bridging the Gap: Decentra Hubs Leading the Charge in WEB3 Integration

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Decentra Hubs was founded by Burak Korkmaz and has a well-known structure in the market as a WEB3 agency that has produced successful products in blockchain and WEB3 projects. Responding to the projects of entrepreneurs by building bridges between traditional WEB2 and WEB3 technologies, the agency offers a wide range of services such as software development, marketing, consultancy, branding, community management and social media strategies. Decentra Hubs ensures that its partners not only meet current needs but also prepare for the effects of future innovations.

Burak Korkmaz says, “Our vision is to establish strong, sustainable partnerships to bring projects to long-term success, rather than just offering solutions. With the technologies we use in the field of Blockchain and WEB3, we turn what our partners dream of into usable products.” This is shows how Decentra Hubs helps its partners keep up with technology by taking advantage of the most efficient points of technology.

As the WEB3 world continues to shape the digital economy with its innovations, Decentra Hubs’ vision and commitment to project success further establishes its role in the market as a key solution provider in this dynamic field. Their ongoing projects and partnerships show their deep commitment to WEB3 projects and their use of this technology for real projects while developing it. This process enables businesses and entrepreneurs to efficiently manage their digital transformation and quickly adapt to changing dynamics in the market.

For more information, you can visit the Decentra Hubs website:

https://decentrahubs.com 

Company: Decentra Hubs

Website: www.decentrahubs.com 

Email: [email protected]

Country: Istanbul

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Press Release

Dance/Pop Singer ZAK Brings a Brand New Uplifting Song ‘Exotic’

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Exotic

It is time for music lovers to hit the dance floor with ZAK’s brand newdance/pop song ‘Exotic’, appearing in the namesake EP project along with three other songs.

Chicago, Illinois Apr 25, 2024 (Issuewire.com) – Some music artists are born to spread love through their music which is gladly accepted by global listeners such as Michael Jackson and Beyonce. Following these legends as inspiration, ZAK has decided to come up with a brand new song that can tantalize the hearts of his fans. His brand new song Exotic is creating a huge buzz among music lovers with its captivating musicalapproach. Powerful, energetic, and highly enthusiastic; this song is deftly produced to envelop the mass audience. It consists of a fine mixture of dance, pop, and R&B music which makes it quite groovy and a perfect companion for the dance floor.

ZAK has dropped a brand new EP project this year which offers a total of 4 different tracks including the title track Exotic’. Other songs like ‘Ecstasy’, ‘Symphony’, and ‘Giving Nothing Thats Everything’ also offer high-octane musical experiences with some distinctively different concepts. Release on April 05, this EP is another successful milestone in ZAK’s highly progressive musical journey. His creative mind and diversified skills allow him to adapt to every kind of soundscape and offer an immersive journey. Due to his powerful musical contributions, the artist has managed to make some significant progress within a short duration. He has been recently featured on AFX Radio, London, which made the song “As Long As Ur Happy” even more popular among music lovers. With his continuous streak of success, he is about to become a Billboard chart-topper.

ZAK thrives to offer a unique experience through his music by narrating the stories of his own life through energetic musical compositions that are loved by everyone. Some other musical projects from his arsenal like the album ‘Sticky Sweet’, and singles like ‘Pose’, ‘D.a.P’, ’37+32′, etc are the greatest examples of his individuality. Follow him on Spotify, SoundCloud, YouTube, and Apple Music to explore more about his musical creations.

Listen to this song on Spotify:

https://open.spotify.com/track/4zikm49JiO2dMY5YeLDGXX

Media Contact

Daily Music Roll

[email protected]

https://www.dailymusicroll.com

Source :ZAK

This article was originally published by IssueWire. Read the original article here.


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Experience Luxury and Charm at Cape Town’s Premier 5-Star Boutique Hotel

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Cape Town, Atlanticview is a privately owned, intimate, luxury five-star boutique hotel that offers a truly unforgettable experience. Situated between the majestic Table Mountain and the sparkling Atlantic Ocean, this hidden gem is the epitome of elegance and sophistication. 

With its prime location, Atlanticview provides easy access to all the main tourist attractions, making it the perfect choice for discerning travelers seeking a luxurious retreat in the vibrant city of Cape Town

Unparalleled Location and Accessibility

Boasting a prime location in fashionable Camps Bay often referred to as “The South African Corniche,” Atlanticview is surrounded by an array of world-class restaurants, bars, and pristine beaches. 

Guests can indulge in the vibrant energy of the city while being just minutes away from iconic landmarks such as Table Mountain, the V&A Waterfront shopping center, and the bustling downtown area. 

Additionally, the hotel is conveniently located a short distance from Cape Town International Airport, ensuring a seamless and stress-free arrival and departure experience for guests.

Breathtaking Views and Tranquil Surroundings

One of the most remarkable features of Atlanticview is its commanding 180-degree panoramic views that stretch from the towering peaks of Table Mountain to the majestic Twelve Apostles range, all the way to the endless expanse of the Atlantic Ocean.

Whether you’re seeking a romantic getaway, a honeymoon destination, or simply a serene retreat, the hotel’s picturesque setting alongside a tranquil greenbelt and nature reserve offers a sense of peace and seclusion, providing the perfect backdrop for unforgettable moments and cherished memories.

Unwind and Explore the Beauty of Cape Town

Cape Town, often hailed as one of the most beautiful cities in the world, captivates visitors with its diverse attractions and natural wonders. From the vibrant city center to the idyllic beaches and the rich cultural heritage, Cape Town has something for everyone. 

With so much to explore, guests are encouraged to immerse themselves in the city’s charm and take the time to savor its myriad delights. 

Whether it’s a leisurely 5-7 night stay to experience the highlights or a more indulgent 10-14 night retreat, Atlanticview provides the perfect base for guests to truly unwind and discover the magic of Cape Town at their own pace.

A Personalized Recommendation

Recognizing the value of relaxation and seamless travel experiences, Atlanticview encourages guests to make the most of their stay by avoiding unnecessary transitions between accommodations. 

By choosing Atlanticview as your home away from home, you can eliminate the hassle of constant check-ins and check-outs, allowing you to fully embrace the tranquility and beauty of Cape Town without any interruptions. 

With a warm and welcoming ambiance, the hotel invites guests to create lasting memories and embark on unforgettable adventures from the comfort of their luxurious retreat.

In short, Atlanticview Cape Town Boutique Hotel stands as the quintessential choice for those seeking an unparalleled luxury experience in the heart of Cape Town. 

With its breathtaking views, convenient location, and commitment to guest satisfaction, Atlanticview embodies the essence of a five-star boutique hotel, offering an oasis of tranquility and sophistication amidst the vibrant energy of this captivating city. 

Whether planning a romantic escape, a honeymoon, or a leisurely holiday, Atlanticview promises an unforgettable stay that exceeds all expectations.

Full name: Greg Boki

Website – https://atlanticviewcapetown.com

Email: [email protected]

Address – 31 Francolin Rd, Camps Bay, Cape Town, 8005

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.

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