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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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.

Press Release

TaqFlow Emerges to Overhaul Central Asian Cross-Border Payments

Published

5 hours ago

August 1, 2026

Cloud PR Wire

Dubai, UAE, August 1st, 2026, FinanceWire

Fintech Pioneer Fuses Blockchain and Dedicated Content Delivery Network to Replace Broken 48-Hour Legacy Banking Rails with Instant, Ultra-Low-Fee Transactions

TaqFlow, a next-generation cross-border payment platform engineered specifically for Central Asian corridors, announced its official emergence from stealth mode and the public launch of pre-orders for its high-speed financial network. The platform solves the region’s most critical commercial pain points: slow settlement times, high transaction fees, and crippling currency volatility.

Unlike traditional financial institutions, the team behind TaqFlow is comprised entirely of digital nomads who have spent years traveling, living, and operating businesses across different countries. Having managed international operations on the move, the founders intimately understand the severe friction, predatory fees, and operational bottlenecks tied to cross-border capital movement.

“The spark for TaqFlow happened on a beach in Bali, of all places,” said co-founder Giorgi Beridze. “I was speaking with one of my eventual co-founders, who was venting about the sheer frustration of moving money between Georgia and Kazakhstan. The transaction took over two days to clear. In that short window, currency fluctuations ate away at the capital, costing him the equivalent of several hundred euros. It was a lightbulb moment for both of us. As nomads, we knew this pain intimately. We realized that the existing cross-border rails in Central Asia were fundamentally broken—exposed to systemic delays, unpredictable volatility, and unnecessary costs.”

TaqFlow eliminates these systemic bottlenecks by introducing a proprietary, dual-layer architecture built entirely from scratch. The platform is harnessing the innate speed and cryptographic security of the blockchain, layering it beneath a custom-built, dedicated content delivery network (CDN). This physical infrastructure will bypass standard public internet latency, allowing TaqFlow to route, read, and settle B2B transactions in mere seconds at a fraction of standard banking fees.

The rapid velocity of the platform removes the financial limbo that historically stifled trade along the historic Silk Road corridors, which inspired the company’s name. A “Taq” was the historic domed archway where ancient global merchants gathered to exchange currency; TaqFlow has modernized this concept into a digital gateway.

“As a young startup, our greatest asset is that we aren’t saddled by legacy systems or yesterday’s way of thinking,” a co-founder continued. “Traditional institutions are trapped inside layers of obsolete technical debt. This blank slate allows us to build cleaner, operate with zero friction, and pass those massive cost savings directly to our customers. We are already looking at how we can incorporate AI natively into our infrastructure to push processing speeds even higher and completely transform the cross-border customer experience.”

The launch arrives at a pivotal moment. Institutional investors from Europe, the Americas, and the Gulf region are increasingly turning their attention toward Central Asia’s rapidly growing economic landscape. TaqFlow aims to act as the primary financial bedrock that enables this influx of global capital to reach local markets seamlessly.

“The Central Asian economy has been overlooked for far too long,” co-founder Logan Jenkins noted. “When we look back five years from now, our greatest legacy won’t just be the volume of capital we processed; it will be the community of small businesses and startups we lifted up. We want to be the foundation that helps young enterprises get off the ground, seamlessly scale across borders, protect their hard-earned margins, and grow at velocities they never thought possible.”

TaqFlow is now accepting pre-orders from businesses and corporate partners across authorized Central Asian corridors. Enterprises looking to optimize their cross-border liquidity and eliminate transaction delays can learn more or request platform access by visiting TaqFlow’s launch page.

About TaqFlow

TaqFlow is a modern cross-border payment platform dedicated to unlocking the economic potential of Central Asia. Founded by a team of global digital nomads and fintech innovators, TaqFlow bridges ancient regional trading heritage with modern decentralized technology. By fusing blockchain tech with an ultra-low-latency dedicated network, the platform provides businesses with a fast, secure, and highly automated digital gateway to move capital across borders seamlessly, stripping out the delays and predatory fees of legacy banking rails.

Contact

Marketing & Media Relations
Aditi Gupta
TaqFlow
sales@taqflow.io

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Cloud PR Wire

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Press Release

D$AVAGE Releases New Hit Single “Chosen One”

Published

9 hours ago

August 1, 2026

Cloud PR Wire

“Chosen One” brings together Kevin Gates’ younger brothers, D$AVAGE and BWA Ron, for a record rooted in family, hustle and legacy. With BWA Ron behind the production and D$AVAGE delivering raw street testimony, the two combine their talents to show their own worth while building on the foundation already established before them. The record represents chemistry, ambition and the next chapter of the BWA family – not just carrying the name, but proving what the younger brothers bring to it.

Check out “Chosen One” out now on all platforms and make sure you follow D$AVAGE on social media for his latest releases.

Connect:

www.dsavagetv.net

Instagram – @svglife100

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Cloud PR Wire

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Press Release

The Growing Demand for Sober Lifestyle Products Reflects a Changing Culture

Published

11 hours ago

August 1, 2026

Cloud PR Wire

United States, 1st Aug 2026 – Across the United States, sobriety is increasingly being embraced as a lifestyle rooted in wellness, purpose, and authentic connection rather than simply as recovery from addiction. As more people choose alcohol-free living and openly celebrate their personal milestones, demand is growing for meaningful sober merch, thoughtful sobriety gifts, and premium sober clothing that reflect resilience, identity, and hope.

This cultural shift is taking place alongside the rapid growth of the broader sober movement. Today, the Loosid ecosystem—which includes its sober community, recovery resources, marketplace, and lifestyle brand—has grown to more than 450,000 installs, generated 21.8 million user sessions, and helped facilitate nearly 198,000 friendships, highlighting the increasing demand for supportive, recovery-focused communities.

Rather than viewing sobriety as giving something up, many Americans now see it as gaining healthier relationships, stronger mental well-being, greater purpose, and a more intentional way of living. That evolving perspective is also changing how recovery is celebrated, creating demand for products that recognize progress, encourage conversations, and remind people of how far they have come.

Helping lead that conversation is Get Loosid, the lifestyle merchandise division of the Loosid brand. Built by people with lived recovery experience, Get Loosid was created to help individuals celebrate recovery proudly through meaningful products that represent strength, perseverance, and personal transformation.

The inspiration behind the brand is deeply personal.

Loosid was co-founded by MJ Gottlieb, whose own recovery journey revealed a challenge faced by many people entering sobriety: maintaining an alcohol-free lifestyle in a world where social activities often revolve around drinking. After achieving sobriety, Gottlieb envisioned a community that would prove sober living is not the end of fun but the beginning of a healthier and more fulfilling life. That vision ultimately grew into the Loosid ecosystem and later expanded with Get Loosid, giving people meaningful ways to celebrate their recovery every day.

Today, that philosophy resonates with a growing audience. More individuals are embracing the sober lifestyle not only because of recovery, but because they value wellness, mindfulness, and authentic relationships. Friends and family members are also looking for thoughtful ways to recognize important milestones, fueling demand for recovery gifts, personalized sobriety gifts, and keepsakes that celebrate resilience rather than focusing on past struggles.

Recovery experts have long recognized the importance of acknowledging milestones. Whether someone is celebrating thirty days, one year, or decades of sobriety, recognizing those achievements can reinforce confidence, strengthen accountability, and encourage continued progress.

As a result, soberversary gifts have become increasingly meaningful. Rather than giving generic presents, loved ones are choosing personalized items that commemorate sobriety anniversaries, birthdays, and personal accomplishments with messages that carry lasting emotional significance.

Get Loosid has responded to this growing movement by focusing on quality, personalization, and purpose instead of novelty merchandise.

One of the company’s most popular offerings is its personalized sobriety-date jewelry, allowing individuals to carry a daily reminder of the commitment they’ve made to themselves. Each piece serves as more than an accessory—it becomes a symbol of perseverance, hope, and the promise of another sober day.

Another favorite is the company’s customized “Sober Since” apparel, including premium sober t-shirts and sober hoodies that transform important recovery milestones into wearable expressions of pride. Rather than simply displaying a date, these pieces encourage meaningful conversations while helping individuals celebrate achievements they once thought impossible.

Get Loosid also offers thoughtfully designed artwork inspired by recovery, resilience, and transformation. Through inspirational décor featuring recognizable recovery symbols and meaningful addiction art, individuals can create personal spaces that reflect optimism, gratitude, and continued growth. These pieces serve as daily reminders that recovery is not defined by what has been left behind but by everything that has been gained.

For many members of the recovery community, these products represent something much larger than merchandise. They become visible reminders that recovery deserves recognition and that every milestone—regardless of how big or small—is worth celebrating.

This message aligns closely with Loosid’s broader mission of helping change public perception surrounding sobriety. Rather than allowing recovery to remain hidden by stigma, the company encourages individuals to celebrate their journeys openly, inspiring others while helping normalize sober living as a positive and fulfilling lifestyle.

That mission has already helped build one of the nation’s fastest-growing sober communities. Through the Loosid platform, members can connect with peers, track sobriety milestones, access recovery resources, discover wellness opportunities, and build meaningful relationships within a supportive environment dedicated to long-term success.

As the sober lifestyle movement continues to expand, consumers are increasingly seeking brands that reflect authenticity, purpose, and community rather than simply selling products. Industry trends suggest this demand will continue as more Americans prioritize wellness, intentional living, and meaningful self-expression through the products they choose and the stories they share.

Looking ahead, Get Loosid plans to continue developing premium collections that celebrate every stage of the recovery journey while supporting the larger mission of the Loosid ecosystem. By combining thoughtful design with lived experience, the company hopes to inspire more conversations that replace stigma with understanding and shame with pride.

The future of sober living is no longer defined by what people leave behind—it is defined by the lives they build, the communities they create, and the milestones they celebrate together.

Individuals interested in learning more about Get Loosid, exploring its sober lifestyle collections, or discovering resources that support long-term sober living can visit https://getloosid.com.

About Get Loosid

Get Loosid is a United States-based sober lifestyle brand dedicated to celebrating recovery through premium apparel, personalized gifts, jewelry, accessories, home décor, and milestone merchandise. Built by people with lived recovery experience, the company empowers individuals to wear and share their sobriety with pride. As part of the broader Loosid ecosystem, Get Loosid continues to inspire hope, resilience, and authentic community by creating meaningful products that celebrate transformation, personal growth, and sober living. The company’s mission is simple yet powerful: to help create a world where recovery is celebrated openly, every milestone matters, and every sober day becomes a reminder that hope is stronger than stigma.

Media Contact

Organization: Get Loosid

Contact Person: MJ Gottlieb

Website: https://getloosid.com/

Email: Send Email

Country:United States

Release id:47818

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