Connect with us

Press Release

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

Published

5 years ago

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

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.

See author's posts

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.

Related Topics:
Continue Reading

Press Release

MEXC Reports 7.1 Billion USDT in SpaceX Futures Volume as Q2 Closes the Gap to Wall Street

Published

3 hours ago

on

July 14, 2026

By

Victoria, Seychelles, July 14th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, today released its Ecosystem & Growth Report for the second quarter of 2026. In Q1, users mostly bought gold and other hedges against macro risk. In Q2, their attention turned to AI projects and US stocks, and MEXC spent the quarter building products for exactly that demand.

Users can now back a company before its IPO, trade stock futures on it, hold tokenized shares, and buy real US stocks and ETFs, all inside one MEXC account. Every piece of that path launched or grew during the quarter.

SpaceX was still a private company when MEXC ran two SPACEX(PRE) subscription rounds. More than 74,000 entries put over 173 million USDT into them, and demand for the second round reached more than 30 times the amount on offer. That demand mirrors a wider market trend: CoinGecko reports that tokenized pre-IPO trading volume surged 1,060%, with SpaceX accounting for the largest share of activity.

The company then completed the largest IPO on record on June 12. Users kept trading it on MEXC after the listing, and SpaceX perpetual futures collected more than 7.1 billion USDT in volume in the weeks that followed. One name went from private to public within a quarter, and users traded at every stage.

RealStocks launched on June 1 and added the last piece, real shares. Eligible users buy actual US stocks and ETFs through a licensed securities broker partner, and the shelf covers more than 7,000 names.

More than 120,000 users signed up in the first month, and over half of the new accounts moved on to a first deposit. By June 18, the product had settled dividends on 34 stocks and ETFs, the kind of payout only real share ownership carries.

Micron’s June earnings lifted trading volume in its MEXC futures by approximately 142% in a single day. The activity spilled into related AI memory names, SanDisk, SK hynix, and a DRAM ETF. One earnings report moved a whole supply chain on the platform, because users now trade US market news the moment it breaks.

“My first quarter as CEO had one goal, and that was to move MEXC from a crypto exchange toward a gateway for every market users care about,” said Vugar Usi, CEO of MEXC. “Q2 put real numbers behind the word gateway, from Pre-IPO demand to actual dividend payouts.”

The quarter’s ten biggest new-token gainers averaged +4,956%, and six of the ten were AI agent projects. Only one meme coin made the list, a clear reversal of the first quarter, when memes ran the gain rankings.

The AI winners build practical systems. They settle transactions between agents, place trades for retail users, and verify identities, so the money went to projects that already do that work. The most-traded list leaned the same way, with four AI and infrastructure names to three meme names.

During the quarter, MEXC appointed Vugar Usi as Chief Executive Officer and marked its 8th anniversary with a brand upgrade built on two promises: 0 Fees and Infinite Opportunities. The upgrade marks the company’s move from a traditional exchange toward a universal gateway for global markets.

A partnership brought the USD1 stablecoin into MEXC’s trading and product suite, and the first USD1 event drew more than 161,000 participants, with new users alone pushing $2.4 billion through futures. A TradingView integration now sends perpetual futures orders straight from the chart, so users move from analysis to execution without a tab change.

The Prediction Market added a Combo feature on June 9, which folds several event predictions into a single position. Average daily volume in the Prediction Market grew more than 6,700% from early to late June, and daily users rose more than 3,200%.

The June Proof of Reserves put the average reserve ratio at 156.5%, which means the platform holds more assets than users have deposited, with Bitcoin backed at 269%. Between May and June, the risk team identified 4,394 illicit networks; a separate intervention effort blocked roughly 303,000 USDT in suspected fraudulent transfers.

The full Q2 report, with the complete token tables, product data, and community programs, is available here.

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

Contact

MEXC PR team
media@mexc.com

About Author

Cloud PR Wire

See author's posts

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

Nova X Announces NOXLINK Presale Beginning 20 July 2026

Published

3 hours ago

on

July 14, 2026

By

London, United Kingdom, 14 July 2026 — Nova X today announced that the NOXLINK Presale will officially commence on 20 July 2026, marking the first opportunity for early participants to join the next phase of the Nova X ecosystem.

Designed to simplify how people experience Web3, NOXLINK brings digital assets, rewards, community participation and future ecosystem services into one connected platform. The presale represents an important milestone as Nova X continues building a unified ecosystem powered by the NOX token.

As blockchain technology continues to mature, one of the biggest barriers to mainstream adoption remains complexity. Users are often required to manage multiple wallets, tokens and disconnected platforms. NOXLINK addresses this challenge by creating an integrated ecosystem where participation becomes simpler, more intuitive and more accessible.

The upcoming presale reflects Nova X’s long-term vision of building a community-driven Web3 ecosystem. Rather than operating through multiple independent systems, Nova X is streamlining its infrastructure around a single ecosystem powered by NOX, creating a more seamless experience for both users and businesses. The broader initiative includes unified balances, ecosystem integration and a simplified rewards framework designed to support future growth.

Beyond enhancing the user experience, NOXLINK lays the foundation for future merchant integrations, digital commerce, ecosystem applications and community-driven initiatives, providing scalable infrastructure for the next generation of Web3 services.

“Our vision has always been to make Web3 more practical and accessible,” said a spokesperson for Nova X.

“The NOXLINK Presale marks the beginning of an exciting new chapter for our ecosystem. We’re inviting our community to be part of the journey as we build a connected platform that delivers real-world utility and long-term value.”

Following the presale launch on 20 July 2026, Nova X will continue rolling out additional ecosystem features, strategic partnerships and new utilities that further strengthen the NOXLINK platform while maintaining a seamless and user-friendly experience.

About NOXLINK

NOXLINK is Nova X’s next-generation ecosystem platform, designed to unify digital identity, community engagement, merchant services and Web3 applications into one seamless experience powered by the NOX ecosystem. The NOXLINK Presale begins on 20 July 2026, offering early participants the opportunity to join the ecosystem ahead of its broader rollout.

About Nova X

Nova X is building a community-driven Web3 ecosystem that integrates digital commerce, merchant services and blockchain technology into a unified platform. Guided by the vision of “One Ecosystem. One Token. One Future.”, Nova X is developing infrastructure that simplifies participation while enabling sustainable long-term growth across its digital ecosystem.

About Author

Cloud PR Wire

See author's posts

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

Atlas Janitorial Services Delivers Professional Healthcare Facility Cleaning Solutions Across Houston

Published

4 hours ago

on

July 14, 2026

By

Reliable cleaning services help medical offices, clinics, dental practices, and healthcare facilities maintain clean, safe, and welcoming environments throughout Houston.

United States, 14th Jul 2026 – Atlas Janitorial Services continues to provide dependable and professional healthcare cleaning solutions for medical facilities throughout Houston, helping physicians, clinics, outpatient centers, dental offices, and healthcare organizations maintain clean, organized, and welcoming environments. As an experienced commercial cleaning company, Atlas Janitorial Services delivers customized cleaning programs designed to meet the unique operational needs of healthcare facilities while supporting a positive experience for patients, visitors, and medical staff.

Healthcare environments demand a level of cleanliness that extends beyond routine commercial maintenance. From patient reception areas and examination rooms to administrative offices, restrooms, hallways, treatment areas, and employee workspaces, every part of a healthcare facility contributes to the overall impression patients receive when they enter the building. Atlas Janitorial Services understands these expectations and provides reliable healthcare facility cleaning Houston healthcare providers can depend on day after day.

Medical professionals operate in fast-paced environments where patient care remains the highest priority. Managing facility cleanliness should never become an additional burden for physicians, administrators, or office staff. Atlas Janitorial Services partners with healthcare organizations by providing consistent cleaning services that fit seamlessly into daily operations, allowing healthcare teams to remain focused on serving their patients.

As the demand for dependable medical office cleaning Houston services continues to grow, Atlas Janitorial Services has strengthened its commitment to providing customized cleaning schedules that accommodate each client’s hours of operation, staffing needs, and facility requirements. Whether serving an independent physician’s office, a specialty medical practice, an outpatient care center, or a multi-provider healthcare facility, the company develops cleaning plans tailored to the specific layout and workflow of every location.

Atlas Janitorial Services provides comprehensive medical facility cleaning services that cover the essential cleaning needs of modern healthcare environments. Cleaning teams perform routine maintenance of waiting rooms, reception desks, consultation rooms, treatment areas, offices, break rooms, conference rooms, corridors, elevators, and public spaces. Services include dusting, vacuuming, mopping, restroom sanitation, trash removal, floor maintenance, surface cleaning, and detailed attention to high-touch areas throughout the facility.

The company recognizes that consistency is one of the most important qualities healthcare providers expect from a cleaning partner. Patients visit medical facilities with the expectation of entering an environment that appears clean, orderly, and professionally maintained. Atlas Janitorial Services emphasizes dependable scheduling, thorough cleaning practices, and attention to detail to help clients maintain those expectations every day.

Healthcare providers throughout Houston also rely on Atlas Janitorial Services for professional clinic cleaning services. Clinics often experience continuous patient traffic from morning until evening, making routine cleaning and ongoing maintenance essential to preserving a professional atmosphere. Atlas works with clinic administrators to establish cleaning programs that align with daily operations while minimizing disruption to patient appointments and staff activities.

The company also offers dedicated dental office cleaning services for general dentists, orthodontists, oral surgeons, pediatric dental practices, and specialty dental clinics. Dental offices require careful cleaning of reception areas, consultation rooms, patient treatment areas, staff offices, and common spaces to maintain a polished and welcoming appearance. Atlas Janitorial Services provides dependable cleaning solutions that support the professional standards expected within dental healthcare environments.

Every healthcare facility operates differently, which is why Atlas Janitorial Services believes that no two cleaning programs should be identical. Instead of relying on standardized service packages, the company consults with each client to understand the facility’s size, schedule, operational priorities, and cleaning expectations before developing a customized service plan. This flexible approach enables healthcare providers to receive cleaning services that align with their specific needs rather than adapting their operations to fit a generic schedule.

In addition to healthcare facilities, Atlas Janitorial Services serves a wide range of commercial clients throughout Houston. As a trusted commercial cleaning company, the business provides janitorial services for office buildings, corporate headquarters, educational institutions, retail locations, industrial facilities, professional offices, and commercial properties of all sizes. The company’s broad experience across multiple industries enables its cleaning professionals to adapt to diverse environments while maintaining consistent quality and dependable service.

Atlas Janitorial Services places a strong emphasis on professionalism, communication, and long-term client relationships. From the initial consultation through ongoing service, the company works closely with facility managers, office administrators, practice owners, and healthcare executives to ensure cleaning programs continue meeting operational requirements as facilities grow and evolve.

Healthcare organizations also value the flexibility Atlas Janitorial Services offers through customized scheduling options. Services can be arranged during business hours, after hours, evenings, weekends, or according to the facility’s preferred timetable. This flexibility allows healthcare providers to maintain uninterrupted patient care while ensuring their facilities receive the attention needed to remain clean and presentable.

“Our mission is to provide healthcare organizations with reliable cleaning services they can count on every day,” said Hooman Sharifi of Atlas Janitorial Services. “We understand that healthcare professionals dedicate themselves to caring for patients, and our responsibility is to help maintain clean, organized, and professional facilities that reflect the quality of care they provide. We take pride in building lasting relationships through dependable service, attention to detail, and consistent results.”

Atlas Janitorial Services continues to invest in experienced personnel, responsive customer support, and customized service planning to meet the evolving needs of healthcare providers across the Houston area. The company’s commitment to reliability and quality has made it a preferred provider of healthcare janitorial services for medical practices seeking a dependable commercial cleaning partner.

As Houston’s healthcare sector continues to expand, Atlas Janitorial Services remains focused on supporting physicians, dentists, outpatient centers, specialty clinics, and healthcare organizations with professional cleaning solutions that help maintain safe, organized, and welcoming facilities. By combining customized service plans, experienced cleaning professionals, and a commitment to consistent performance, Atlas Janitorial Services continues helping healthcare providers create environments where patients, staff, and visitors feel confident from the moment they arrive.

For more information visit https://atlasjanitorialservices.com .

About Atlas Janitorial Services

Atlas Janitorial Services is a Houston, Texas-based commercial cleaning company specializing in customized janitorial and facility maintenance solutions for healthcare facilities, medical offices, outpatient centers, clinics, dental practices, office buildings, and commercial properties. The company is dedicated to delivering reliable, detail-oriented, and consistent cleaning services that help businesses maintain clean, professional, and welcoming environments. Through flexible scheduling, personalized service plans, and a commitment to customer satisfaction, Atlas Janitorial Services continues to serve organizations throughout the Houston area with dependable commercial cleaning solutions.

Media Contact

Organization: Atlas Janitorial Services

Contact Person: Hooman Sharifi

Website: https://atlasjanitorialservices.com/

Email: Send Email

Country:United States

Release id:47095

The post Atlas Janitorial Services Delivers Professional Healthcare Facility Cleaning Solutions Across Houston 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

Cloud PR Wire

See author's posts

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

Like Us
Follow Us
Subscribe Us
Follow Us