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Synbit uses synthetic assets to build a more comprehensive income market and volatility structure to boost the development of DeFi

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5 years ago

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With the momentum of liquidity mining getting stronger and stronger, DeFi is transforming traditional financial products into protocols at a hundred times faster. Decentralized trading platforms, stablecoins, decentralized lending and borrowing platforms, synthetic assets, and insurance products will all be decentralized, trustless and transparent in the decentralized network protocols. We believe that compared with traditional finance, DeFi has a more ambitious vision, that is to allow anyone to publicly own or trade any financial assets anywhere in the world.

Because DeFi lacks some basic products and services, it is still incomplete in the construction of a “decentralized financial market (DeFi market)” and needs the support of structured financial tools.

We find that in the traditional financial market, a large number of monetary asset collaterals, including short-term debt collaterals, long-term debt collaterals based on sovereign credit, and quasi-currency created based on repurchase or asset securitization, constitute large-scale financial derivative instruments and form a systematic financial market, playing an important role in risk management, asset pricing, and improving market liquidity. DeFi also requires durable and stable assets and liquidity. Currently, the basic assets supporting liquidity mining can be roughly divided into three categories: Transaction fees, income from loan interest rate spreads, and guaranteed governance tokens. When basic asset income (or “productivity”) is insufficient to sustain the credit boom, a risk similar to the traditional “financial crisis” will appear.

Synbit is committed to building a more comprehensive income market and volatility structure. In the mapping process of traditional financial market products, it has broken through the construction of comprehensive decentralized financial derivatives, laying a rich and solid asset foundation for the development of the DeFi industry. In the setting of collaterals, Synbit supports multiple pledge methods, such as ETH, stablecoins, and SYN. The mortgage rate of each asset is calculated through modeling based on the stability of its price. In the future, the calculation model and its mortgage rate can be adjusted through the community governance mechanism. Users can mortgage the synthetic assets issued or directly exchange with other types of synthetic assets by purchasing synthetic assets. Synbit’s excess mortgage mechanism and unique liquidation mechanism ensure the safety of all debts. The collaterals can perfectly cover the debts, which means that the systemic risks mentioned above are unlikely to occur in Synbit. In order to attract users to participate in the Synbit ecosystem and ensure the smooth launch and sustainable development of the Synbit platform, the platform has formulated targeted incentive plans for ecological participants such as mortgagers, traders, and coin holders. In addition, Synbit adopts a unique debt pool model, traders do not need counterparties when trading, which effectively solves the liquidity and slippage problems faced by DEX (decentralized exchange). The multi-pledge, multi-form, and multi-reward setting can provide liquidity for Synbit’s continuous transfer of assets.

Of course, Synbit is more than that. We hope to fully map the traditional financial market and build a complete “decentralized financial market (DeFi market)”. From swaps to futures and options, interest rates, stocks, foreign exchange, commodities and other asset products are widely used on the chain to meet the needs of position risk balance, liquidity, hedging, leverage, and other investment portfolio and liquidity managements, create long-term value, and exploit the huge potential of the decentralized derivatives market. It will be the most promising part, the core of the entire DeFi ecosystem, and the most difficult part to accomplish and overcome in the DeFi industry.

We have overcome some of the problems-breaking the isolation of the DeFi protocol, and creating a financial product with rich risk-return characteristics – Synbit by making full use of the composability of DeFi. We will continue to explore the depth and breadth of products, redefine the nature of asset management, and meet the needs of professional investment consulting and services. Achieve our grand vision, which is to “combine everything and cross the financial boundary”.

Synbit will release a beta version on the Ethereum Kovan network on December 11. Synbit is a decentralized synthetic asset issuance protocol based on Ethereum smart contracts, allowing users to mint assets and trade financial derivatives in a decentralized manner. Every user who participates in the test and provides feedback will get a certain token incentive. Welcome to join the Synbit community to participate in the test. Specific test-related contents and test incentives will be released on the official Twitter and Discord channel later.

Synbit’s official website:https://www.synbit.io

Twitter:https://twitter.com/SynbitProtocol

Telegram:https://t.me/Synbit

Discord:https://discord.gg/MycR8DK

Looking forward to entering a new world of synthetic assets together with you.

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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

Swimming Pool Builders Announces National Call for High-Quality South African Pool Builders

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1 minute ago

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December 12, 2025

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Swimming Pool Builders, a South African company focused on the design and construction of residential and commercial swimming pools, has announced a national initiative to identify and collaborate with reliable, high‑quality pool builders across the country.

Germiston, Gauteng, South Africa, 12th Dec 2025 – Swimming Pool Builders, a South African company specializing in the design and construction of residential and commercial swimming pools, has announced a national initiative to identify reliable, high-quality pool builders across the country to join its growing professional network. The initiative focuses on building collaborative relationships with experienced builders who demonstrate strong technical ability, consistent workmanship, and a commitment to long-term quality in pool construction.​

Company background

Swimming Pool Builders operates within South Africa’s pool construction and outdoor living sector, delivering custom pool projects that integrate structural work, plumbing, electrical components, and surrounding finishes. Over more than a decade, the company has developed experience across a range of pool types and property profiles, guided by licensed and insured operations that align with recognized industry standards.​

The company’s work spans concept design, technical planning, site preparation, construction, finishing, and project completion. Its portfolio includes a variety of residential pools and selected commercial installations, reflecting the diversity of South African climates, site conditions, and aesthetic preferences.​

Purpose of the initiative

The announcement marks a formal step by Swimming Pool Builders to broaden its collaboration base with pool builders who are already active in South Africa’s construction and lifestyle markets. The aim is to identify professionals whose standards and methods align with an existing focus on quality, safety, and transparent project management.​

This initiative is framed as a strategic and professional development effort rather than a promotional campaign. The emphasis rests on partnership, shared technical standards, and consistent project delivery, instead of short-term commercial messaging or direct appeals to consumers.​

Focus on reliable, high-quality builders

Swimming Pool Builders is particularly interested in pool builders who can demonstrate reliability in both technical and operational aspects of their work. Technical reliability includes sound structural construction, appropriate waterproofing, correct hydraulic design, and safe electrical integration within pool systems.​

Operational reliability includes predictable project timelines, clear documentation, and adherence to agreed specifications throughout each stage of a project. High-quality outcomes are understood as pools that not only present well visually at handover but also perform effectively and safely over time under normal usage conditions.​

National scope across South Africa

The initiative is open to builders working in various regions throughout South Africa, including metropolitan areas, smaller towns, and rural communities. Pool projects in different parts of the country often face distinct technical requirements, such as soil type, water table conditions, environmental exposure, and local regulatory considerations.​

By engaging with builders in multiple provinces, Swimming Pool Builders aims to support collaboration that is sensitive to local conditions and municipal processes. Local expertise is regarded as a key factor for successful planning, approvals, and execution, especially where unique geographic or climate-related factors are present.​

Alignment with shared standards

A central element of the initiative is alignment with the standards already followed by Swimming Pool Builders. These standards include attention to structural engineering principles, correct installation of pumps and filtration systems, thoughtful routing of plumbing and electrical lines, and careful finishing of pool interiors and surrounding areas.​

Standardisation also extends to project documentation, quality checks at defined milestones, and structured handover procedures. Such procedures are intended to provide property owners with clear information about their pools, including operation, maintenance expectations, and key technical details.​

Collaborative project methodology

Swimming Pool Builders utilises a staged project methodology that typically includes design, excavation, structural works, installation of mechanical and electrical systems, and finishing works such as tiling, decking, or coping. Communication and coordination are maintained throughout these stages to keep all parties aligned around timelines, specifications, and site conditions.​

External builders who connect through this initiative are expected to integrate into this structured approach, depending on their area of expertise and capacity. Collaboration may involve participation in specific stages or a more comprehensive role, always framed within a clear definition of responsibilities and quality expectations.​

Emphasis on safety and compliance

Safety and regulatory compliance are central to contemporary pool construction, given the interaction of water, electricity, structural loads, and public or family use. Swimming Pool Builders highlights licensing, insurance, and adherence to relevant building and electrical guidelines as core pillars of its operations.​

Builders who fit the intended profile of this initiative typically operate with similar commitments, relying on compliant materials, recognised installation methods, and adherence to applicable South African standards and municipal requirements. This shared focus aims to support long-term structural integrity, safe operation, and reduced risk of defects or failures.​

Experience and track record

Swimming Pool Builders’ own track record is based on numerous completed projects, supported by documented outcomes and ongoing refinement of internal processes. Its public-facing information emphasises a commitment to quality, innovation, and client-centred project delivery developed over more than 10 years in operation.​

The decision to seek additional reliable builders reflects the company’s experience that consistent, predictable outcomes depend not only on design and materials but also on the people executing each project stage. Builders with evidence of completed work, references, and maintained professional standards are therefore viewed as the most suitable potential collaborators.​

Professional benefits for participating builders

Although this announcement avoids promotional offers, it outlines potential professional advantages that may arise from collaboration within a structured network. These may include participation in clearly defined projects, access to established design and planning processes, and integration into teams familiar with managing pool construction from concept to completion.​

Such collaboration may be especially relevant for regional builders who wish to engage with more technically complex projects or who value shared processes around quality control and documentation. In turn, Swimming Pool Builders gains the opportunity to work with builders who understand local conditions and possess practical knowledge of site-specific challenges.​

Commitment to quality and continuous improvement

Swimming Pool Builders’ publicly available materials highlight a long-term orientation toward quality and ongoing improvement rather than short-term volume. Over time, this has included adjustments to project management approaches, communication methods, and technical practices to better support durable, aesthetically pleasing, and functional pool installations.​

The current initiative to identify reliable pool builders is a continuation of this broader trajectory. By expanding its professional network to include builders who share similar values, the company aims to strengthen its capacity to deliver projects that meet modern expectations for safety, design, and performance.​

Non-advertorial character of the announcement

This press release is intended as an informational and strategic communication. It outlines a professional direction being pursued by Swimming Pool Builders within the South African pool construction landscape, without introducing sales language, limited-time offers, or direct appeals to property owners.​

The focus remains on context: the company’s background, the nature of the initiative, and the characteristics of the pool builders it is prepared to work alongside in future projects. The tone and structure are aligned with typical press-release conventions, presenting factual information and organisational intent rather than promotional messaging.​

About Swimming Pool Builders

Swimming Pool Builders is a South African pool construction company that designs and constructs customised pools, integrating structural works, plumbing, electrical systems, and surrounding finishes. The business operates with more than a decade of experience and highlights licensing, insurance, and adherence to industry standards as central features of its practice​

 

Media Contact

Organization: Swimming pool builders

Contact Person: Willem de Wet

Website: https://swimmingpoolbuilders.co.za/

Email: Send Email

Contact Number: +27824618330

Address:Sunnyrock Park 3

Address 2: Unit 2, 2 North Reef Road

City: Germiston

State: Gauteng

Country:South Africa

Release id:38973

The post Swimming Pool Builders Announces National Call for High-Quality South African Pool Builders 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

Tennessee Resident Plans Legislative Run With Focus on Dollar Crisis

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1 minute ago

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December 12, 2025

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Knoxville, Tennessee 12 Dec 2025, ZEX PR WIRE, Elliott Schuchardt, a retired lawyer, is preparing a run for the Tennessee General Assembly in the August 2026 primary. His campaign centers on an unconventional platform: warning about what he sees as an impending collapse of the U.S. dollar’s reserve currency status.

Schuchardt’s legal career includes some high-profile wins. He sued the federal government to enforce Fourth Amendment protections, in a case alleging the illegal collection of e-mail. He also secured the injunction that kept Sweet Briar College open when the Virginia liberal arts school attempted to close in 2015. The college’s rescue became a national story about alumni activism and institutional preservation.

But it’s his economic concerns that define his political campaign for the Tennessee legislature. Schuchardt authored “America’s Achilles Heel: How to Protect Your Family When America Loses the Reserve Currency,” a book that outlines his theories about American economic vulnerability. The premise is stark: the dollar’s global dominance is fragile, and families need to prepare for its decline.

From Courtroom to Campaign Trail

Before attending Columbia Law School, Schuchardt studied political theory at Oxford University, in England. Schuchardt brings an academic framework to his views on the economy. His approach is openly preventive rather than reactive. He is trying to address what he considers a foreseeable crisis before it arrives.

Schuchardt argues that the United States will have to devalue the dollar to remain competitive in the world’s economy. He says that this can, and should be done, in a structured manner, with the cooperation of other world powers. He says that if the United States fails to address the dollar issue, the rest of the world will address the issue for the United States, potentially causing an uncontrolled drop in the value of the dollar.

ForTennessee voters accustomed to traditional campaign platforms focused on taxes, education, and healthcare, Schuchardt’s focus on monetary policy and reserve currency status represents a departure. He’s positioning himself as someone willing to think outside conventional political boundaries.

A Screenplay as Political Warning

Schuchardt has taken his concerns beyond books and the political campaign by writing a screenplay that dramatizes an 80% dollar collapse. He’s actively seeking investors to produce the film, which he envisions as a modern warning comparable to Cold War-era cautionary films like “On the Beach,” “Dr. Strangelove,” and “The Day After.”

Those films used dramatic storytelling to make abstract nuclear threats feel immediate and real to American audiences. Schuchardt is attempting something similar with economic catastrophe, trying to make monetary policy emotionally resonant through narrative.

Whether Tennessee voters will embrace a candidate focused on the reserve currency remains to be seen. The August 2026 primary is still well ahead, giving Schuchardt time to make his case. His background in constitutional law and his willingness to challenge government power could resonate in a state with strong libertarian and conservative currents.

For now, Schuchardt’s bid for the Tennessee General Assembly represents a test of whether voters are willing to embrace a proactive approach on the dollar. Schuchardt believes the answer is yes. The United States voted for tariffs in 2024, as a means to protect the economy. He believes the nation is ready for the next step, in getting the economy on the right track.

Elliott Schuchardt is the author of America’s Achilles Heel:  How to Protect Your Family When America Loses the Reserve Currency.  Schuchardt is a graduate of Columbia Law School and Cornell University.  He is a candidate for the Tennessee General Assembly in the August 2026 election.

For further information: 

Campaign to Elect Elliott Schuchardt

Campaign website:   www.elect-schuchardt.com

Campaign blog:        www.elliottschuchardt.blogspot.com

Twitter:                      https://x.com/EJSchuchardt

Book website:           www.elliott-author.com

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Press Release

Gauteng Truck Sales Announces Festive Season Closure and 2026 Reopening

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1 minute ago

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December 12, 2025

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Gauteng Truck Sales, a long‑standing commercial vehicle business based in Highbury, Gauteng, has announced its festive season closure

Randvaal Meyerton, Gauteng, South Africa, 12th Dec 2025 – Gauteng Truck Sales, a long‑standing commercial vehicle business based in Highbury, Gauteng, has announced its festive season closure, with operations pausing this Friday and resuming on Monday, 5 January 2026.​

The company, which operates as Wimbledon Truck & Trailer Sales, has been active in South Africa’s commercial vehicle industry for over two decades, providing support and services to transport operators and fleet owners across the region. As the year draws to a close, Gauteng Truck Sales is taking a short break to allow staff time with their families and to prepare for the new year ahead.​

Festive Closure and Reopening Dates

Gauteng Truck Sales will close its showroom and offices this Friday, 12 December 2025, and will remain closed over the festive period. The business will reopen for normal operations on Monday, 5 January 2026, at its premises in Highbury, Gauteng.​

During the closure, the company’s physical site at Unit 3, 19 Kransvalk Road, Highbury, will be closed to visitors and walk‑in enquiries. Phone lines and email support will also be limited, with urgent matters handled on a case‑by‑case basis where possible.​

Clients and partners are advised that any time‑sensitive requests, documentation, or follow‑ups should be submitted before the close of business on Friday, 12 December 2025, to ensure they are actioned before the break.​

A Season of Rest and Reflection

The festive closure is in line with common practice among South African businesses, allowing teams to rest and recharge after a full year of operations. Gauteng Truck Sales has chosen this period to give its staff a well‑earned break, recognising the importance of work‑life balance and family time during the holiday season.​

Over the past two decades, the company has built a reputation for reliability and long‑term support in the commercial vehicle sector, serving a diverse range of transport operators, owner‑drivers, and fleet managers. The festive pause offers an opportunity for internal review, planning, and preparation for the challenges and opportunities of 2026.​

The management team at Gauteng Truck Sales views this break not only as a necessary rest period but also as a chance to reflect on the year’s achievements, client relationships, and service improvements. Feedback from customers, partners, and industry contacts over the past 12 months will be reviewed as part of the planning process for the new year.​

Supporting the Transport Sector

Gauteng Truck Sales has positioned itself as a stable presence in the Gauteng transport and logistics landscape, operating in a region that is central to South Africa’s freight and distribution networks. The company’s role extends beyond transactions, focusing on ongoing support for vehicles that are critical to supply chains, construction, agriculture, and other key sectors.​

Commercial vehicles form the backbone of many small and medium enterprises, and their reliability directly impacts business continuity and safety on the road. Gauteng Truck Sales has consistently emphasised the importance of well‑maintained, road‑worthy trucks and trailers, aligning with broader industry efforts to improve fleet safety and efficiency.​

During 2025, the company continued to support existing clients with advice, documentation, and coordination related to vehicle maintenance, compliance, and operational requirements. This support has been particularly important during periods of economic pressure, where cost‑effective, reliable transport solutions are in high demand.​

Industry Context and Road Safety

The festive season in South Africa is traditionally a high‑traffic period on national and regional roads, with increased movement of people and goods. Authorities and industry stakeholders, including transport departments and logistics associations, have launched road safety campaigns to reduce accidents and improve compliance during this time.​

Gauteng Truck Sales acknowledges the heightened risks associated with the festive period and supports initiatives that promote responsible driving, vehicle maintenance, and adherence to traffic regulations. The company has, over the years, encouraged clients to ensure their vehicles are in good condition before long journeys, particularly during peak travel times.​

By closing during the festive break, Gauteng Truck Sales also aligns with the broader industry trend of reduced non‑essential operations, allowing transport operators to focus on safe, uninterrupted operations without the distraction of routine administrative or sales processes.​

Preparing for 2026

With the reopening scheduled for 5 January 2026, Gauteng Truck Sales is using the closure period to prepare for the new year’s operational demands. This includes internal training, system reviews, and planning for how the business can continue to support clients in an evolving transport environment.​

The year 2026 is expected to bring continued challenges and opportunities for the commercial vehicle sector, including fuel price volatility, regulatory changes, and shifts in freight demand. Gauteng Truck Sales aims to remain a dependable partner for transport operators by focusing on reliability, transparency, and long‑term relationships rather than short‑term transactions.​

Plans for 2026 include refining internal processes, enhancing communication with clients, and exploring ways to better support fleet owners in areas such as compliance, maintenance scheduling, and operational efficiency. The company also intends to review its support offerings in light of changing industry needs, including digital tools and documentation services.​

Client and Partner Communication

During the closure, Gauteng Truck Sales will not be able to respond to routine enquiries, quotes, or documentation requests in real time. Clients and partners are encouraged to plan ahead and submit any urgent matters before the close of business on Friday, 12 December 2025.​

For non‑urgent matters, the expectation is that all outstanding items will be addressed promptly once the business reopens on 5 January 2026. Gauteng Truck Sales will ensure that all pre‑closure requests are prioritised and actioned in the order they were received, with appropriate follow‑up where needed.​

The company’s contact details remain available on its website and public listings for reference, but responses to emails and calls will be delayed until the reopening date. Any changes to contact channels or service hours in 2026 will be communicated through official channels once operations resume.​

A Message of Seasonal Goodwill

Gauteng Truck Sales extends its best wishes to clients, partners, industry colleagues, and the broader transport community for a safe, peaceful, and restful festive season. The company recognises the hard work and dedication of transport operators, drivers, and support staff who keep South Africa’s roads and supply chains moving, especially during busy periods.​

The festive break is also an opportunity to acknowledge the role that commercial vehicles play in everyday life, from delivering goods to supporting essential services and infrastructure projects. Gauteng Truck Sales values the trust placed in it by its clients and remains committed to supporting the transport sector in the years ahead.​

Looking Ahead to 2026

As Gauteng Truck Sales prepares to reopen on 5 January 2026, the focus will be on continuity, reliability, and service quality. The company will resume normal operations at its Highbury premises, with staff returning to support clients and partners in the new year.​

The reopening marks the start of another chapter in the company’s long history in the commercial vehicle industry, with an emphasis on sustainable, client‑centred support rather than aggressive sales or marketing. Gauteng Truck Sales will continue to operate as a stable, experienced presence in the Gauteng transport landscape, adapting to industry changes while maintaining its core values of integrity and reliability.​

About Gauteng Truck Sales

Gauteng Truck Sales, trading as Wimbledon Truck & Trailer Sales, is a commercial vehicle business based in Highbury, Gauteng. The company has been active in South Africa’s transport sector for over 20 years, providing support and services to transport operators and fleet owners.​

Its operations are centred on the sale and support of trucks and trailers, with a focus on long‑term relationships and after‑sale guidance. Gauteng Truck Sales serves a wide range of clients, from individual owner‑drivers to larger fleet operators, across various industries including freight, construction, and agriculture.​

The company’s physical premises are located at Unit 3, 19 Kransvalk Road, Highbury, Gauteng, and it maintains contact details for phone and email communication. Gauteng Truck Sales is recognised as a long‑standing player in the regional commercial vehicle market, with a reputation for consistency and reliability.​

Contact Information

For media and general enquiries, Gauteng Truck Sales can be contacted at the following details:

Normal business hours will resume on Monday, 5 January 2026, at which point all channels will be fully operational

Media Contact

Organization: Gauteng Truck Sales

Contact Person: Billy

Website: https://gautengtrucksales.co.za/

Email: Send Email

Contact Number: +27609821994

Address:Unit 3, 19 Kransvalk Rd

Address 2: Highbury

City: Randvaal Meyerton

State: Gauteng

Country:South Africa

Release id:38971

The post Gauteng Truck Sales Announces Festive Season Closure and 2026 Reopening 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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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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