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

AlgoQuant Asset Management Selects Liquid Mercury to Enhance Digital Asset Trading Infrastructure

Published

7 hours ago

on

September 28, 2026

By

Chicago, United States, September 28th, 2026, Chainwire

AlgoQuant will deploy Liquid Mercury’s institutional-grade trading technology to scale its multi-strategy investment platform and enhance execution capabilities across global digital asset markets.

Liquid Mercury, a leading technology provider for digital asset marketplaces and crypto trading, announced today that it has been engaged by AlgoQuant Asset Management, an investment manager focused on solving inefficiencies in fast-evolving markets, to provide trading technology and infrastructure services.

The engagement will enable AlgoQuant to leverage Liquid Mercury’s institutional-grade trading technology and infrastructure to enhance its multi-strategy investment platform. AlgoQuant will gain access to deep liquidity, advanced execution capabilities, and professional-grade trading tools that support the firm’s commitment to quantitative excellence, risk integrity, and operational resilience.

Liquid Mercury’s battle-tested platform combined with AlgoQuant’s sophisticated quantitative strategies provides a powerful foundation for executing complex digital asset trades across global markets. This technology integration allows AlgoQuant to maintain 24/7 trading operations while scaling talent, capital, and technology without compromising precision.

With a team spanning key global financial and digital asset markets, AlgoQuant operates as a multi-strategy investment platform designed to perform across diverse market environments. Through Liquid Mercury’s platform, AlgoQuant will benefit from access to top-tier liquidity providers, low-latency infrastructure, and comprehensive middle and back-office tools designed to meet the demands of institutional asset managers operating in digital asset markets.

“AlgoQuant came to us with very specific infrastructure requirements that are unique to their sophisticated quantitative strategies,” stated Liquid Mercury CEO, Tony Saliba. “What sets Liquid Mercury apart is our ability to shape our tech stack to meet each client’s distinct needs. This level of customization isn’t something firms can always find off the shelf, but our battle-tested platform was built with the flexibility to adapt while maintaining institutional-grade standards. We’re honored to provide the tailored technology infrastructure that will support AlgoQuant as it continues to scale its investment platform.”

“Liquid Mercury has been an excellent technology partner for AlgoQuant Asset Management,” said Alexander Goncharov, President of AlgoQuant Asset Management. “We are very pleased with their sophisticated technology stack, collaborative approach, and willingness to tailor the platform to our specific needs. Their infrastructure delivers the speed, reliability, and precision required in today’s digital asset markets while integrating seamlessly with our proprietary systems and workflows.”

About AlgoQuant Asset Management

AlgoQuant is an investment manager with a clear mission: to solve inefficiencies in fast-evolving markets. From day one, the firm has been focused on building a platform that can scale talent, capital, and technology without compromising precision. At the heart of AlgoQuant’s model is a commitment to quantitative excellence, risk integrity, and operational resilience.

AlgoQuant operates as a multi-strategy investment platform with global reach, featuring team members and trading teams based in key global financial and digital asset markets. The firm’s structure supports 24/7 execution, oversight, and engagement with global allocators.

Further information can be found at www.aq.io

About Liquid Mercury

Liquid Mercury powers professional crypto trading and digital asset marketplaces. Founded by legendary trader Tony Saliba, who was featured in Jack Schwager’s “Market Wizards,” Liquid Mercury is the #1 choice for sophisticated buy-side and institutional sell-side trading professionals moving into crypto.

Mercury Pro is an institutional-grade trading platform designed specifically for professional traders navigating crypto derivatives and spot markets. The platform offers sophisticated trade execution tools including DMA routing, staging, execution algorithms, and anonymous multi-dealer RFQ to source block liquidity. Traders can manage all orders and trade data in a single platform with real-time views of balances and account positions.

Key capabilities include access to crypto derivatives at leading onshore and offshore exchanges, institutional-sized pricing with top OTC liquidity providers, and a wide range of spot products across leading exchanges. The platform supports both single-leg and multi-leg orders in net price structures, with low-latency infrastructure built for high-frequency and algorithmic trading strategies.

Liquid Mercury integrates with world-class custodians including Fireblocks, Gemini, and BitGo, and provides comprehensive APIs (FIX, WebSocket, and REST) for automated trading and workflow customization. Built by professionals for professionals, Liquid Mercury combines battle-tested trading technology with deep liquidity access and best-in-class workflow automation.

For more information about Liquid Mercury and the $MERC token, users can visit www.liquidmercury.com or merc.liquidmercury.com. 

Disclaimer

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities or fund interests in any jurisdiction. Any offer or solicitation of interests in any fund managed by AlgoQuant Asset Management Corp will be made only by definitive offering documents, and only to eligible investors in accordance with applicable law. No statement in this press release is, or should be construed as, a representation as to the past or future performance of any fund or strategy managed by AlgoQuant.

Contact

Director
Kent Egan
Liquid Mercury
sales@liquidmercury.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

Aster Launches Perpetual Grid Trading 2.0 with Up to 140,000 $ASTER Liquidity Mining Campaign

Published

7 hours ago

on

September 28, 2026

By

George Town, British Virgin Islands, September 28th, 2026, Chainwire

Aster, the privacy-first onchain trading platform backed by YZi Labs, today announced the launch of its Liquidity Pool Mining campaign, a four-week incentive campaign featuring a total reward pool of up to 140,000 $ASTER and running from September 28 to October 25, 2026 (UTC). To celebrate the launch of Perpetual Grid 2.0, the program is open to all Aster users running Perpetual Grid strategies on eligible trading pairs.

Rewards will be distributed hourly based on each eligible Grid’s share of trading volume. The base reward pool is set at 10,000 $ASTER per epoch, with additional rewards available based on market conditions and trading activity on the platform. Participation is automatic, with no registration required.

“As Aster continues to bring more emerging assets and opportunities onchain, we’re also focused on building the tools traders need to navigate increasingly dynamic markets. Perpetual Grid offers a flexible way to capture opportunities amid market volatility, and Grid 2.0 takes this experience further with greater flexibility and independence. This upgrade is another step toward our broader vision of building the frontier of onchain trading,” said Leonard, CEO at Aster.

Incentivizing Automated Perpetual Trading

The campaign builds on Aster’s expanded Perpetual Grid infrastructure, giving users a new way to participate in automated trading while earning additional $ASTER rewards from eligible Grid activity. Both Maker and Taker volume count toward the campaign, while manual trading and activity outside the Grid strategy are excluded.

An Estimated Bonus APY is also displayed to provide an indication of potential annualized $ASTER rewards based on recent campaign activity. The estimate can change as trading volume, participating Grids and other campaign conditions change, and does not guarantee future rewards or returns.

Grid 2.0 Separates Automated and Manual Strategies

Alongside the campaign, the newly upgraded Perpetual Grid 2.0 enables Grid strategies to operate independently from users’ regular Perpetual trading. Each Grid runs through a dedicated Grid Bot subaccount, keeping its positions and margin separate from the main Perpetual account.

With support for both Cross and Isolated Margin, users can run automated Grid strategies while continuing to trade Perpetuals manually, including on the same trading pair. Isolated Margin supports up to 50 independent Grid strategies per account, with no per-pair limit.

Discover Strategies Through Grid Marketplace

Aster’s Grid Marketplace further simplifies strategy discovery by allowing users to browse active Grid strategies and review metrics such as PnL, ROI, runtime, price range, leverage and trading activity.

Users can use an existing strategy as a starting point through Copy, or switch its direction through Reverse, turning a Long strategy into Short or vice versa. Copied or reversed strategies remain independent from their source and do not automatically synchronize with the original Grid.

The Liquidity Pool Mining campaign is available on designated eligible trading pairs, with the Week 1 eligible pairs including OURA/USD1, POLYMARKET/USD1, and META/USD1. The reward pool is shared across participating pairs. Individual rewards are determined by each Grid’s eligible trading volume relative to the total eligible volume generated during the relevant hourly period.

More eligible trading pairs may be added in subsequent weeks to reflect the latest market trends. For more information about the campaign, eligible trading pairs and current campaign parameters, please visit the official campaign page.

About Aster

Aster is a privacy-first onchain trading platform backed by YZi Labs, with unique features like Hidden Orders to protect user trading activity. It pioneers the frontier of on-chain trading through perpetual futures, spots, and earn products for top-trending assets, including RWAs, memes, and core crypto markets. It is powered by Aster Chain, a Layer 1 blockchain built to power the future of decentralized finance.

Users can learn more about Aster on the official website or follow Aster on X.

Contact

Marketing Manager
Lola Chen
lola.chen@asterdex.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

RL Remodeling Marks Two Decades of Family-Style Building in Los Angeles as Demand Drives Expansion Across Southern California

Published

7 hours ago

on

September 28, 2026

By

RL Remodeling, a family-run Los Angeles design-build contractor founded in 2006, is expanding across Southern California on the strength of community referrals and repeat clients. One of the early pioneers of ADUs in LA, the company credits its growth to a diverse, long-tenured team that is trained in-house with monthly follow-up sessions, hands-on owner involvement in every project, and an office culture where everyone knows each client by name. From its Los Angeles roots, RL Remodeling now serves the greater LA area, Orange County and San Diego.

Los Angeles, California, United States, 28th Sep 2026 – RL Remodeling, a Los Angeles design-build contractor founded in 2006, is expanding its service footprint across Southern California in response to sustained demand from homeowners in the greater Los Angeles area, Orange County and San Diego. The company, which was among the first contractors in Los Angeles to focus on accessory dwelling units, says its growth has been driven almost entirely by referrals from the communities where it started.

“We never set out to be the biggest remodeling company in LA,” said the owner of RL Remodeling. “We set out to be the one people recommend to their neighbors. Everything else followed from that.”

A Family Model in an Industry Known for Turnover

Construction is a field where crews change from one project to the next. RL Remodeling has taken the opposite approach. The company describes itself as family-based, and it means that literally in how it runs the business. Team members stay for years, often growing from entry-level roles into senior positions, and the company invests in that growth directly.

Rather than relying only on outside certifications, RL Remodeling trains its own people. New hires are taught the company’s methods in person, and every team member takes part in follow-up training sessions each month to stay current with building codes, materials and design trends. That consistency shows up on job sites, where clients work with people who know the company’s standards because they helped shape them.

“When you keep the same people for years, quality stops being something you have to check for. It becomes the default,” the owner said.

The team is also notably diverse, made up of people from a range of nationalities and backgrounds. The office marks each culture’s holidays throughout the year, something the company sees as part of its identity rather than a side benefit.

Everyone in the Office Knows Every Client

One of the more unusual features of RL Remodeling’s operation is that every person in the office is involved in every project. There is no hand-off between a salesperson, a project manager and a crew who never meet. Clients are known by name across the company, and questions get answered by people who are already familiar with the job.

The ownership stays hands-on as well. Owners are personally involved in each project, from the first site visit through final walkthrough, and the company points to that personal touch as the reason many clients return for a second, third or fourth project over the years. A significant share of its work today comes from repeat customers and their referrals.

Celebrating the Work as a Team

Regular office meetings at RL Remodeling double as showcases. The full team gathers to review before-and-after results from recently completed projects, giving crews, designers and office staff a shared view of what they have built together. The company says these sessions do more for morale and standards than any formal review process could.

“Our people love seeing a garage turn into a finished ADU, or a tired kitchen turn into the center of a home,” the owner said. “Showing that to the whole team reminds everyone why the details matter.”

An Early Voice on ADUs in Los Angeles

RL Remodeling was building accessory dwelling units in Los Angeles before they became a mainstream housing solution. As California loosened regulations and demand for backyard homes, garage conversions and rental units grew, the company was already experienced in the permitting, structural and design challenges these projects involve.

Today ADUs remain a core part of the company’s work alongside kitchen and bathroom remodeling, room additions, whole-home renovations and new construction. Its early start has given RL Remodeling a depth of ADU experience that newer entrants to the market have not had time to develop.

Growth Driven by Demand, Not Marketing

The company’s expansion into new locations has followed a simple pattern: clients in one neighborhood recommend RL Remodeling to friends and family in the next, and the company adds coverage as the requests accumulate. From its roots in Los Angeles, it now serves communities across the San Fernando Valley, the Westside, Orange County and San Diego.

RL Remodeling says it intends to keep growing the same way, adding team members who fit its culture and locations where its clients ask for it, without changing the personal approach that built its reputation.

About RL Remodeling

Founded in 2006, RL Remodeling is a licensed design-build contractor serving the greater Los Angeles area, Orange County and San Diego. The company specializes in accessory dwelling units, kitchen and bathroom remodeling, home additions, whole-home renovations and new construction. Known for its family-based team, in-house training and hands-on ownership, RL Remodeling has built a client base that returns and refers year after year. Learn more at rl-remodeling.com.

Media Contact

Organization: RL Remodeling

Contact Person: Dana Laksman

Website: https://rl-remodeling.com/

Email:
info@rl-remodeling.com

Contact Number: +18883241144

Address: 5950 Canoga Ave Suite 420 Woodland Hills, CA, 91367

City: Los Angeles

State: California

Country: United States

Release id: 49499

The post RL Remodeling Marks Two Decades of Family-Style Building in Los Angeles as Demand Drives Expansion Across Southern California 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