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Super DeFi lending platform layer announced to be launched soon

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On April 29 (UTC + 8), Layer announced on its official Twitter that the lending products will be launched on the official website on May 7, and the first month of mining will start simultaneously. Layer is a new DeFi platform based BSC that supports BEP-20 full-currency deposits and loans. Users can get $LAYER when they participate in deposit and provide liquidity. In the first month, the $LAYER product only had 200,000. In the first week is deposit mining, users can participate in mining by depositing BUSD-T (USDT based on BSC), and liquidity mining will increase in the second to fourth weeks. Users provide LAYER on pancakeswap Liquidity can participate in mining.

The number of releases in the first month is as follows:

What is layer

Layer protocol is a money market smart contract which supports all kinds of BEP-20 standard token assets. Users can deposit any BEP-20 token in the contract and gain interest yield from borrowers. Matching the demand of borrowing, users need to deposit supported assets as collateral before lending money from Layer.

Layer has many advantages compared to mainstream competitors:

Widely adopted all kinds of BEP-20 standard token assets.

Risk isolated among difference pools.

Creating the ability to go margin short on a large variety of tokens. 

Fair launch with no pre-mining.

Founctions

A.Lending
Users can deposit their assets in the following steps:

a.Access to https://app.layer.cash , connect with your wallet.(BSC MetaMask setup guidance).

b.Selected a specific market in the top list.

c.Choose the assets which you want to deposit and then click the ‘Approve’ button.

d.While the assets are approved, you may click the ‘Deposit’ button and finish the whole process.

B.Borrowing
Layer protocol allow users to deposit assets as collateral and borrow other assets against this in the following steps:

a.Deposit assets with the upon process.

b.Enable your deposit assets as collateral.

c.Click the ‘Borrow’ button on the right side of the assets list and input the amount of money you needed. (Be aware of the liquidity risk and keep your borrow balance quite a distance from the borrow limit.)

C.Liquidation
While the collateral assets’ price dropped, it would make the borrower’s collateral value less than the unpaid debt balance. Under those conditions, borrower’s collateral assets will be listed on the liquidation list. Anyone can repay the debt and get 10% volume of the debt as incentive rewards which are paid by the borrower.

D.Mine

a. Deposit mining

Save the token from the wallet into layer to get L_ Token, and then L_ The token is mortgaged to the ore pool for mining.

b. Liquidity mining

Token Economic

A.Token info

Token symbol: LAYER

Fully diluted: 100 million

Contract address: https://www.bscscan.com/token/0x11d4b86559362caf5fd0e05660cba4d3adcb42ed

B.Token functions

$LAYER token holders will be able to participate in protocol governance via off-chain votes. Various parameters(collateral ratio, close factor & etc.) could be changed by governance vote.

C.Distribution methods
$LAYER will be launched with no pre-mining and eventually fully controlled by the DAO( 80% of the total supply). The remaining 20% will be allocated to eco funds (10%) and core dev team incentives (10%). The full dilution duration will be 4 years with the following details.

In the second week, the $layer-busd is stored in the flow pool of pancakeswap through layer, and the LP is obtained and stored in the pool of layer for mining

As a super lending platform, layer absolutely has the strength to work in DeFi.

According to the official mediun, The Layer Protocol is a DeFi loan agreement supporting all currencies, and it is the first step for Layer Labs to make the layout of the DeFi ecology. The vision of Layer Labs is to build an ecological framework based on Layer, link and build a complete DeFi ecosystem and promote the implementation and future planning of decentralized finance.

Layer has unlimited potential. We should pay more attention to it. Those who are interested can learn about it !

Web:https://layer.cash/

Twitter:https://twitter.com/layerdotcash

Telegram:https://t.me/layerofficial

Medium:https://layerofficial.medium.com/

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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.

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Press Release

SydeLabs Raises $2.5m to Solve Security and Risk Management for Generative AI

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–News Direct–

Globally, policymakers continue to be concerned about the security and safety risks of Generative AI.1 Today, security & risk management startup SydeLabs announced their seed funding round of $2.5m to build solutions aimed at securing GenAI systems for enterprises. The funding round was led by RTP Global and also saw participation from Picus Capital and marquee angel investors.

The adoption of Generative AI has opened a new cybersecurity attack surface for those leveraging the technology. SydeLabs comprehensive AI security and Risk Management solutions address this emerging concern. The company offers solutions to identify security and safety vulnerabilities in enterprise AI systems and prevent them in real time, helping mitigate cybersecurity attacks and abuse. Founded by Ruchir Patwa and Ankita Kumari, SydeLabs mission is to make AI applications safe, secure and resistant to abuse.

SydeLabs team with co-founders (front row) Ankita Kumari and Ruchir Patwa
SydeLabs team with co-founders (front row) Ankita Kumari and Ruchir Patwa

Ruchir Patwa is a cybersecurity expert with over 10 years of experience, most recently leading security teams at Google and Mobile Premier League. Ankita Kumari compliments this skillset with her experience as a veteran of product leadership positions, including building fraud and risk management solutions at McKinsey & Company, Mobile Premier League and CRED. Together they have worked extensively on security, risk and fraud management.

Ankita Kumari, co-founder at SydeLabs commented: While we were working on solving security and fraud-led business problems, we saw how business growth and profitability was fuelled by the adoption of risk mitigation measures, despite these measures usually being seen as cost sinks. Since then we knew we wanted to build solutions in the vulnerability and risk management space to address these growing concerns.

Rogue AI diagnostics solution SydeBox by SydeLabs
Rogue AI diagnostics solution SydeBox by SydeLabs

Ankita Kumari added The adoption of Generative AI in enterprise organisations has seen the cybersecurity attack surface increase substantially. From a security point of view, companies are now bringing a human-like element into systems that were previously not susceptible to social engineering and manipulation. From a compliance perspective, we see systems having access to internal and user data with the ability to take action on that data. We also see the reputational risks emerging with adoption of GenAI systems that can generate undesirable content which can cause harm to a brand, loss of goodwill and further legal risk.

In their market research with CISOs globally, SydeLabs are seeing increased acknowledgement of these vulnerabilities as enterprises are rapidly adopting Generative AI for various business use cases.

As the company looks to be a holistic AI Security and Risk Management Platform, its solution suite helps detect and prevent vulnerabilities in AI systems thus avoiding attacks, abuse and non-compliance. By focusing on the intent of attackers, rather than using traditional pattern matching approaches that are traditionally used for cybersecurity, the company is going further in its cybersecurity offering.

Ruchir Patwa, co-founder at SydeLabs concluded: We are building a comprehensive platform for risk management of Generative AI systems, across the entire development lifecycle. This can give a huge productivity boost to enterprises and prevent costs associated with inaction around security and compliance threats. We want to give confidence to enterprises to deploy GenAI applications without having to worry about security and safety blindspots.

Galina Chifina, Partner on RTP Globals Asia Investment team added: We are super excited about the potential SydeLabs has in setting new standards for AI applications that are as secure as they are ground breaking. We love the vision of Ruchir and Ankita and are happy to back them so early in their journey. SydeLabs' approach to AI security showcases the kind of forward-thinking application of technology we champion at RTP."

About SydeLabs

SydeLabs is building a holistic AI Security and Risk Management Platform to minimise risks and cybersecurity threats in AI systems. Founded by Ruchir Patwa and Ankita Kumari, in March 2024, SydeLabs raised $2.5m in a round led by RTP Global and Picus Capital. For more information please visit https://www.sydelabs.ai/

Contact Details

SydeLabs

Bilal Mahmood

+44 7714 007257

[email protected]

Company Website

https://www.sydelabs.ai/

View source version on newsdirect.com: https://newsdirect.com/news/sydelabs-raises-2-5m-to-solve-security-and-risk-management-for-generative-ai-566933759

SydeLabs

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Press Release

Beats, Rhymes and Lists Expands with Hip-Hop Apparel Shop, Fan-Driven Rankings, and Word on the Street

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hip hop news

New York City, New York Mar 28, 2024 (Issuewire.com) – Beats, Rhymes and Lists (https://beats-rhymes-lists.com), a website dedicated to hip-hop culture, has expanded its offerings to include a new apparel shop and interactive fan-voted rankings.

Apparel Shop

The Beats, Rhymes and Lists hip-hop shop now features a collection of custom designed apparel for hip-hop enthusiasts. The range includes men’s t-shirts and hoodies, along with women’s tank tops and leggings. All items feature hip-hop-inspired designs and graphics.

Interactive Rankings

Beyond apparel, Beats, Rhymes and Lists is enhancing its core focus on celebrating hip-hop culture with interactive album, sub-genre, and rapper rankings. These rankings are entirely crowdsourced, allowing dedicated hip-hop fans to directly influence the lists by casting votes.

Word on the Street

Beats, Rhymes and Lists has introduced a dynamic news section titled Word on the Street. This section offers the latest hip-hop news, buzzworthy topics, and releases, keeping fans informed about the ever-changing hip-hop news landscape.

About Beats, Rhymes and Lists

Beats, Rhymes and Lists is a website and digital media company committed to documenting and celebrating all facets of hip-hop culture. From its origins to modern-day trends, Beats, Rhymes and Lists is a go-to destination for hip-hop fans.

dmx portrait illustrationfemale rnb singers

Media Contact

Beats, Rhymes and Lists

[email protected]

https://beats-rhymes-lists.com

Source :Beats, Rhymes and Lists

This article was originally published by IssueWire. Read the original article here.


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Press Release

Beyond Intranet Launches Microsoft Fabric Consulting Services

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Chicago, Illinois Mar 28, 2024 (Issuewire.com) – Beyond Intranet, a leading technology solutions provider, today announced the launch of its new consulting services optimized for Microsoft Fabric. This move aligns with Beyond Intranet’s commitment to equipping clients with cutting-edge cloud solutions to drive digital transformation.

Microsoft Fabric enables scalable and reliable distributed applications, becoming indispensable for modern businesses. Recognizing growing enterprise demand for Microsoft Fabric expertise, Beyond Intranet developed an extensive suite of consulting offerings to help clients maximize their potential.

Service Offerings

Beyond Intranet’s Microsoft Fabric consulting services include:

  • Architecture Design & Implementation – Tailored architecture optimized for integrating Microsoft Fabric into existing infrastructures.
  • Migration & Deployment – Expert support for transitioning legacy apps to Microsoft Fabric smoothly and efficiently.
  • Performance Optimization – Proactive optimization to enhance the responsiveness of apps on Microsoft Fabric.
  • Security & Compliance – Assessments, audits and best practices for regulatory compliance and data protection.
  • Training & Support – Custom training and ongoing support for effectively managing Microsoft Fabric.

“As a leading Microsoft partner, we’re thrilled to offer the first consulting services purpose-built for Microsoft Fabric,” said CEO Piyush Goel. “These new capabilities demonstrate our commitment to equipping clients with the most advanced solutions to accelerate their digital transformation.”

For over 15 years, Beyond Intranet has been at the forefront of technology consulting, enabling data-driven decision-making and powering digital workplaces. This latest move extends Beyond Intranet’s track record of innovation excellence.

To learn more about Beyond Intranet’s Microsoft Fabric consulting services, visit: https://www.beyondintranet.com/microsoft-fabric-consulting-services or Contact [email protected]

About Beyond Intranet

Beyond Intranet provides consulting, data analytics, custom development, and workplace solutions. With expertise across Microsoft’s cloud platform, IoT, data science, and modern workplace, Beyond Intranet helps future-focused organizations harness technology’s potential.

Media Contact

Microsoft Fabric Consulting Services – Beyond Key

[email protected]

https://www.beyondintranet.com

Source :Beyond Intranet

This article was originally published by IssueWire. Read the original article here.


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