Press Release

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

Published

5 years ago

July 2, 2021

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.

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Press Release

Tripze Launches Reliable and Affordable Local Taxi and Minicab Services Across London

Published

1 hour ago

February 4, 2026

Cloud PR Wire

London, Greater London, United Kingdom, 4th Feb 2026 – Tripze, a new and innovative transportation provider, is proud to announce the launch of its professional local taxi and minicab services across London. Designed to offer safe, affordable, and convenient travel solutions, Tripze aims to transform the way Londoners commute within the city.

With a strong focus on customer satisfaction, Tripze provides 24/7 minicab and taxi services tailored to the needs of residents and visitors. Whether it’s daily commuting, airport transfers, business travel, or late-night rides, Tripze ensures a seamless and stress-free journey every time.

“Our mission is simple – to deliver dependable and high-quality local transportation at fair prices,” said a spokesperson for Tripze. “London is a fast-moving city, and people need a taxi service they can trust. Tripze has been built to meet that demand with professionalism, punctuality, and excellent customer care.”

Tripze offers a wide range of transport solutions, including:

Local minicab services across all London boroughs
Airport transfers to Heathrow, Gatwick, Stansted, Luton, and London City Airport
Corporate and business travel solutions
Pre-booked rides for events and special occasions
Clean, modern vehicles driven by licensed and experienced drivers

Customers can book rides easily via phone, online platform, or mobile app, making the process quick and hassle-free. Tripze also provides transparent pricing with no hidden charges, ensuring complete peace of mind for passengers.

Safety is at the core of Tripze’s operations. All drivers are fully licensed, background-checked, and trained to deliver professional service. Vehicles are regularly inspected and maintained to the highest standards to guarantee passenger comfort and security.

As part of its commitment to the local community, Tripze plans to expand its fleet and services in the coming months, creating new job opportunities and improving transport accessibility throughout London.

“We are excited to become a trusted name in London’s transport industry,” the spokesperson added. “Our goal is to build long-term relationships with customers by consistently delivering reliable and friendly service.”

For more information or to book a ride, visit www.tripze.co.uk or contact the Tripze customer support team.

Airport Transfer Services Provided By TripZe :

About Tripze

Tripze is a London-based taxi and minicab service provider dedicated to offering affordable, reliable, and professional transportation solutions. With a customer-first approach, Tripze delivers safe and convenient travel services across London, 24 hours a day.

Media Contact

Organization: Tripze Taxi and Cab

Contact Person: Ryan Cooper

Website: https://www.tripze.co.uk/

Email: Send Email

Address:Unit 5, 1000 North Circular Road, Staples Corner, London, United Kingdom, NW2 7JP

City: London

State: Greater London

Country:United Kingdom

Release id:41023

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Press Release

iBLOXX Secures USD 5.4 Million for Global Launch of StrayShot

Published

2 hours ago

February 4, 2026

Cloud PR Wire

iBLOXX Studios DMCC has raised USD 5.4 million to finalize development and support the global launch of its mobile-first third-person shooter, StrayShot.Based in Dubai and part of the DMCC Gaming Centre and Dubai Program for Gaming 2033, the studio collaborates with partners like the Dubai Future Foundation and Xsolla. StrayShot features multiple modes (Battle Royale, Team Deathmatch, Extraction), is optimized for low-end devices, and is set in the fictional region of Sierra Verde. Currently in closed testing, the game will include blockchain-enabled asset ownership. The funding will fuel global marketing, live operations, ongoing updates, and future console versions.

Dubai, United Arab Emirates, 4th Feb 2026 — iBLOXX Studios DMCC, a Dubai-based game development studio, has raised over USD 5 million to finalise development and support the upcoming launch of its third-person shooter, StrayShot.

Headquartered in the DMCC Free Zone, iBLOXX Studios is a member of the DMCC Gaming Centre and participates in the Dubai Program for Gaming 2033 (DPG33). The studio works closely with ecosystem partners including the Dubai Future Foundation, Xsolla, and the Dubai Culture & Arts Authority, and previously participated in the Dubai Pavilion at Gamescom.

StrayShot is a mobile-first shooter designed to deliver high-quality gameplay while remaining accessible on low-end devices. The game features multiple modes, including Battle Royale, Team Deathmatch, and Extraction. Set in the fictional South American region of Sierra Verde, players take on the role of mercenaries competing against each other and the cartel led by El Fuego.

The title is currently in closed testing and will include blockchain-enabled features to support in-game asset ownership and trading.

The new funding will be used to support global marketing and distribution, live operations, ongoing game updates, and the preparation of console versions.

“The capital allows us to bring StrayShot to market with the level of quality and operational readiness we believe players expect,” said Domenik Maier, CEO of iBLOXX Studios.

More information is available at www.strayshot.game and www.ibloxx.com.

About iBLOXX Studios DMCC
iBLOXX Studios DMCC is a Dubai-based game development studio focused on creating multiplayer experiences for a global audience.

Media Contact

Organization: iBLOXX Studios DMCC

Contact Person: Maya Apostolovic

Website: https://www.ibloxx.com

Email:
press@ibloxx.com

Contact Number: +97145820238

Address:Office 2101, JLT-Jumeirah Bay X3

City: Dubai

Country:United Arab Emirates

Release id:41021

The post iBLOXX Secures USD 5.4 Million for Global Launch of StrayShot 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

Design as a Long-Term Capability: How Geekvape and Geek Bar Drive Systematic Innovation in the Global Design Ecosystem

Published

2 hours ago

February 4, 2026

Cloud PR Wire

China, 4th Feb 2026 – In 2025, Geekvape and Geek Bar achieved a major breakthrough on the global design stage, driven by years of deep investment in design capability and systematic innovation. Together, the two brands won a total of 14 internationally recognized design awards—with Geekvape receiving 10 awards and Geek Bar securing 4—spanning top-tier global design systems such as the German iF Design Award, Red Dot Award, as well as the MUSE Design Awards, International Design Awards (IDA), European Product Design Award, and the Paris Design Awards.

This was not a coincidental “harvest of awards,” but rather the result of long-term design methodologies, organizational capabilities, and systematic user research working in concert.

Multi-System Recognition in Design Awards”

Multi-System Recognition as Proof of Design Leadership

Design awards have long served as an important external benchmark of brand design capability. Within the industry, most brands’ design honors tend to be concentrated within a single award system—such as the MUSE Awards or the German Red Dot Awards. Brands that achieve recognition simultaneously across multiple design evaluation systems in the United States, Europe, and France remain rare.

Among the award-winning products:

Geekvape Aegis legend 5 received the European Product Design Award – Honorable Mention, seamlessly combining a powerful exterior with professional-grade durability, setting a benchmark for high-end functional product design.

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