Connect with us

Press Release

Gaeacoin: Can “Algorithm + Credit” Rebuild the Value Foundation of DeFi?

Published

on

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 has been exploring stable currency. According to CryptoQuant data, stabilecoin holdings on global crypto exchanges hit an 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,  current daily trading volume of all stable currencys is about $118.340 billion. Also, CoinMarketCap shows there are 16 mainstream stable currencys 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 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 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 currencys are illusory in a sense.

Will algorithmic stable currencys finally fail?

Now let’s take a look at the development process of algorithmic stable currencys, known as the holy grail of cryptocurrency. From stable currency1.0 represented by AMPL,stable currency2.0 represented by Basis Cash to stable currency3.0: FraxFinance, 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 usesRebase 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 cryptos price rise, 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 have 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 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.

FinanceFX 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 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 who 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 still stuck in algorithm.

Crypto Credit Network (CCN)

In 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 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 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 mechanism. 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. 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 stable currency can not only solve the above problems but also effectively avoid legal risks in the process of transaction.

As it should be, the integration of Gaeacoin ecology and Oxyswap not only lays 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 dare 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 GAASH (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 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.

Continue Reading

Press Release

Explora Books Showcases David G. Toussaint’s My Friend Patches at the BIBF 2026

Published

on

Explora Books features My Friend Patches: Lost and Found by David G. Toussaint at the 2026 Beijing International Book Fair, this June 17–21 at the China National Convention Center (CNCC) in Beijing. Centered on a runaway horse, a grieving child, and an unexpected gesture of grace, the children’s book explores themes of faith, compassion, and spiritual growth.

Written for children and the adults who read alongside them, My Friend Patches narrates the tale of Gracie, a girl whose beloved horse, Patches, runs away during a thunderstorm after she forgets to latch the barn door. Days turn into weeks and months until, miles from home, Gracie spots a familiar-looking horse pulling a plow for a struggling farmer. What follows is not a simple reunion but a moving lesson in stewardship, prayer, and the happiness found in giving.

“They reminded her that Patches was not really hers; she was God’s,” Toussaint writes.

As Gracie learns the meaning of being a steward rather than an owner, young readers are introduced to foundational biblical concepts, including faithfulness, keeping promises, seeking counsel, and the joy of giving and caring for others.

The book also includes a dedicated discussion section, making it a valuable resource for parents, Sunday school teachers, and homeschool families. Topics include ownership, stewardship, keeping promises, seeking counsel, and giving to others.

The narrative arc is both realistic and redemptive. Gracie must confront the reality that she neglected Patches, stopped helping her parents pay for the horse’s grain, and now realizes that the poor farmer who has named the horse Isabella needs Patches to help grow food for his family.

After praying for guidance, Gracie experiences a sense of peace that her father describes as God speaking to her heart. She makes the hard decision to leave Patches with the farmer—an act of sacrificial generosity that leads her to a deeper understanding of love, faith, and joy.

David G. Toussaint is a former high school chemistry teacher. After over three decades of teaching and supporting individuals navigate financial challenges, he turned to writing for teen and adult audiences. Toussaint expands his work for younger readers through a gentle, faith-based story that explores loss, personal responsibility, generosity, and compassion.

Attendees at the 2026 Beijing International Book Fair can view this scripture-based children’s book at Explora Books’s exhibition booth 5A.B14 at CNCC in Beijing.

My Friend Patches: Lost and Found is available through Amazon and other major digital bookstores.

About Explora Books

Explora Books is a book marketing firm located in the heart of Vancouver, British Columbia, Canada. The company specializes in self-publishing and marketing, taking pride in its exhaustive research and creative strategies that provide wider avenues for aspiring authors to gain recognition for their works. Explora Books aims to guide authors through the complexities of self-publishing, offering convenient solutions to navigate this process. The firm fosters and redefines creativity and innovation, setting new industry standards. Explora Books is dedicated to empowering authors globally.

Media Contact

Organization: Explora Books Ltd

Contact Person: Simon Pratt

Website: https://explorabooks.com/home

Email: Send Email

Contact Number: +16043306795

Address:Jameson Offices, 838 W Hastings St w, Vancouver, BC V6C 0A6, Canada

City: Vancouver

State: British Columbia

Country:Canada

Release id:46168

The post Explora Books Showcases David G. Toussaint’s My Friend Patches at the BIBF 2026 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

file

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.

Continue Reading

Press Release

William Sandberg’s The Golden Codex to Be Featured at the 2026 Beijing International Book Fair

Published

on

Explora Books will feature The Golden Codex by Canadian author William Sandberg at the 2026 Beijing International Book Fair (BIBF), held June 17–21 at the China National Convention Center (CNCC) in Beijing. The debut speculative novel combines mythological themes, multidimensional world-building, and a coming-of-age journey that spans multiple layers of reality, offering international readers and publishing professionals a distinctive addition to the fantasy genre.

The Golden Codex is a metaphysical fantasy set largely in contemporary South Vancouver, British Columbia, but one that reaches across multiple layered “orbs” of reality—a cosmology the novel builds from the ground up, with its own language (Dirshani), its own secret societies, and its own system of esoteric practice known as Brahan. At its center is Piers Ralston, a fourteen-year-old boy who takes a job at an antiques store run by his father’s old mentor, Tom Aimesworth, without knowing that the job is a cover for his initiation into the arts that will determine whether he survives what is coming for him.

What is coming is no metaphor. Piers has been entered into the “kravl inventory” of the Kopendres Syndicate—the slave registers of a covert organization that traffic in people between worlds. His father escaped the same fate years earlier; now the syndicate has claimed the son as payment. The novel’s opening exchange between Jim Ralston and Tom in the shuttered back room of Aimesworth and Dixon Antiques lays out this premise with impressive economy: the reader is dropped into a fully formed world of secret handshakes, coded language, and hidden networks of surveillance and control, where the threat facing Piers is as legally binding as it is supernatural. Sandberg earns his world-building—it is never decorative; it is always load-bearing.

The novel’s engine is Piers himself. He begins as a sharp, skeptical teenager—more comfortable with guitar lessons and soccer than with the occult—and Sandberg takes real care with his initiation. The discovery of the “Nexus,” a sheet of living gold bearing an unidentifiable script that Piers finds in the shop’s cellar, marks the beginning of his education in Brahan. His approach to decoding the glyphs—methodical and analytical—reflects a broader authorial commitment to making the esoteric feel earned rather than arbitrary. By the time the Nexus is revealed to be connected to the Torvaaden, a living Codex that ultimately takes up residence within Piers himself, the reader has been carefully prepared for what that means.

One of the novel’s most distinctive choices is its setting. Sandberg locates his cosmology in a recognizable Vancouver: the Marpole rail bridge over the Fraser River, the South Vancouver antiques district, and a secondary school with a production of Ubu Roi on its bulletin boards. The ordinary world is not merely a backdrop; it is the specific terrain through which Piers navigates, and the points at which it tears open to reveal the wahan—the transorbal tunnels connecting the orbs—are made more potent by how precisely the surrounding geography has been drawn. A reader familiar with the Fraser River can pinpoint exactly where Piers slips between worlds for the first time.

The sixteen chapters move Piers from apprentice to initiate and, finally, to a reluctant traveler departing for Sunara—the higher orb that has been spoken of since the first page. The novel does not resolve cleanly; it ends on a note of hard-won acceptance rather than triumph, with Piers’ body left behind on life support while his purified ethesia carries the Codex forward.

Rather than offering easy answers, Sandberg explores what it costs to pursue freedom in a cosmology where power is structured and hierarchical, and where the most important battles are interior ones. For readers of Le Guin, Pullman, or Borges, The Golden Codex will feel at home among works of serious speculative fiction that use fantasy to examine larger philosophical questions.

Attendees at the 2026 Beijing International Book Fair are invited to view this thought-provoking speculative fiction at Explora Books’s exhibition booth 5A.B14 at CNCC in Beijing. 

The Golden Codex is available through Amazon and other major digital bookstores.

 

 

 

About Explora Books

Explora Books is a book marketing firm located in the heart of Vancouver, British Columbia, Canada. The company specializes in self-publishing and marketing, taking pride in its exhaustive research and creative strategies that provide wider avenues for aspiring authors to gain recognition for their works. Explora Books aims to guide authors through the complexities of self-publishing, offering convenient solutions to navigate this process. The firm fosters and redefines creativity and innovation, setting new industry standards. Explora Books is dedicated to empowering authors globally.

Media Contact

Organization: Explora Books Ltd

Contact Person: Simon Pratt

Website: https://explorabooks.com/home

Email: Send Email

Contact Number: +16043306795

Address:Jameson Offices, 838 W Hastings St w, Vancouver, BC V6C 0A6, Canada

City: Vancouver

State: British Columbia

Country:Canada

Release id:46167

The post William Sandberg’s The Golden Codex to Be Featured at the 2026 Beijing International Book Fair 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

file

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.

Continue Reading

Press Release

Explora Books Showcases David G. Toussaint’s My Friend Patches at the BIBF 2026

Published

on

Explora Books features My Friend Patches: Lost and Found by David G. Toussaint at the 2026 Beijing International Book Fair, this June 17–21 at the China National Convention Center (CNCC) in Beijing. Centered on a runaway horse, a grieving child, and an unexpected gesture of grace, the children’s book explores themes of faith, compassion, and spiritual growth.

Written for children and the adults who read alongside them, My Friend Patches narrates the tale of Gracie, a girl whose beloved horse, Patches, runs away during a thunderstorm after she forgets to latch the barn door. Days turn into weeks and months until, miles from home, Gracie spots a familiar-looking horse pulling a plow for a struggling farmer. What follows is not a simple reunion but a moving lesson in stewardship, prayer, and the happiness found in giving.

“They reminded her that Patches was not really hers; she was God’s,” Toussaint writes.

As Gracie learns the meaning of being a steward rather than an owner, young readers are introduced to foundational biblical concepts, including faithfulness, keeping promises, seeking counsel, and the joy of giving and caring for others.

The book also includes a dedicated discussion section, making it a valuable resource for parents, Sunday school teachers, and homeschool families. Topics include ownership, stewardship, keeping promises, seeking counsel, and giving to others.

The narrative arc is both realistic and redemptive. Gracie must confront the reality that she neglected Patches, stopped helping her parents pay for the horse’s grain, and now realizes that the poor farmer who has named the horse Isabella needs Patches to help grow food for his family.

After praying for guidance, Gracie experiences a sense of peace that her father describes as God speaking to her heart. She makes the hard decision to leave Patches with the farmer—an act of sacrificial generosity that leads her to a deeper understanding of love, faith, and joy.

David G. Toussaint is a former high school chemistry teacher. After over three decades of teaching and supporting individuals navigate financial challenges, he turned to writing for teen and adult audiences. Toussaint expands his work for younger readers through a gentle, faith-based story that explores loss, personal responsibility, generosity, and compassion.

Attendees at the 2026 Beijing International Book Fair can view this scripture-based children’s book at Explora Books’s exhibition booth 5A.B14 at CNCC in Beijing.

My Friend Patches: Lost and Found is available through Amazon and other major digital bookstores.

About Explora Books

Explora Books is a book marketing firm located in the heart of Vancouver, British Columbia, Canada. The company specializes in self-publishing and marketing, taking pride in its exhaustive research and creative strategies that provide wider avenues for aspiring authors to gain recognition for their works. Explora Books aims to guide authors through the complexities of self-publishing, offering convenient solutions to navigate this process. The firm fosters and redefines creativity and innovation, setting new industry standards. Explora Books is dedicated to empowering authors globally.

Media Contact

Organization: Explora Books Ltd

Contact Person: Simon Pratt

Website: https://explorabooks.com/home

Email: Send Email

Contact Number: +16043306795

Address:Jameson Offices, 838 W Hastings St w, Vancouver, BC V6C 0A6, Canada

City: Vancouver

State: British Columbia

Country:Canada

Release id:46168

The post Explora Books Showcases David G. Toussaint’s My Friend Patches at the BIBF 2026 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

file

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.

Continue Reading

LATEST POST