Press Release
Synbit uses synthetic assets to build a more comprehensive income market and volatility structure to boost the development of DeFi
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.
About Author
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.
Russia, 29th Aug 2026 – BOOMFIT PREMIUM Krasnodar Severny held a superhero-themed promotional event on August 26, 2026, featuring a performer in a superhero costume who completed a workout demonstration at the gym. The event took place at the club in the Severny neighborhood of Krasnodar’s Prikubansky district.
The costumed performer arrived on a themed yellow-and-black motorcycle. On entering, he performed a short staged gag with a folded towel of the type the club provides to guests, before beginning a training session. The session included a warm-up, dumbbell biceps curls, overhead barbell presses for the front and middle deltoids, wide-grip pull-ups, hanging (inverted) barbell rows, vertical raises and inversions, and a treadmill run. The performer then used the club’s sauna and contrast shower.
BOOMFIT PREMIUM representatives did not provide comment on the event.
A video of the event is available at https://www.youtube.com/shorts/x5HxVnndzu4
About BOOMFIT PREMIUM Krasnodar Severny
BOOMFIT PREMIUM is a fitness club in the Severny neighborhood of Krasnodar’s Prikubansky district. The club offers modern training equipment, a complimentary towel for every guest, a sauna and contrast showers, and the BOOM START program of 30-minute mini-group training sessions. More at https://boomfitness.ru/krasnodar_sv.
Media contact
BOOMFIT PREMIUM Krasnodar Severny
Phone: +7 (861) 206-37-77
Email: krd@boomfitness.ru
Website: https://boomfitness.ru/krasnodar_sv
Media Contact
Organization: BOOMFIT PREMIUM Krasnodar Severny
Contact Person: Marketing
Website: https://boomfitness.ru/krasnodar_sv
Email: Send Email
Country:Russia
Release id:48571
The post BOOMFIT PREMIUM Krasnodar Severny hosts a superhero-themed promotional event 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
About Author
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
WeClean Makes Separately Washed, Affordable Laundry More Accessible Across the Philippines
The Filipino laundry company operates 14 branches and offers straightforward pricing, individual-load processing and everyday garment care
Manila, Philippines, 29th Aug 2026 — WeClean is making professional laundry care more accessible to Filipino households through a service built around a simple commitment: every customer’s order is washed separately.
Founded in 2017, the Filipino laundry company now operates 14 branches across Metro Manila and destinations including Palawan and Siargao. Its network serves communities in Makati, Manila, Pasay, Pasig and Quezon City, as well as El Nido, Puerto Princesa and Siargao.
WeClean’s separately processed orders address a practical concern for customers who want greater confidence in how their clothes are handled. Garments from different customers are not combined during washing, while customers with sensitive skin or specific preferences can provide their own detergent or fabric softener.
The company complements this approach with straightforward pricing. In-branch wash, dry and fold services are charged per load of up to seven kilograms, while pick-up and delivery orders are priced by weight. WeClean states that its rates contain no hidden fees and accepts cash, GCash and payments through QR Ph-associated banks.
Its core wash, dry and fold service is supported by specialist options including dry cleaning, household-item cleaning, ultrasonic sneaker care and commercial laundry for hospitality, wellness and local businesses.
Most WeClean branches are open daily from 7 a.m. to 9 p.m., with selected locations operating 24 hours. Customers can visit a neighbourhood branch or arrange a free collection within participating service areas. Both walk-in and collected orders are advertised with a 24-hour turnaround.
The company’s branch network reflects a local-first operating model. While digital booking and door-to-door collection are available for customers who need greater convenience, most WeClean customers continue to be served personally by team members at its physical locations.
With its combination of individual-load washing, accessible pricing and an expanding presence in urban and island communities, WeClean aims to offer Filipino consumers a reliable alternative for managing everyday laundry.
Customers can find their nearest branch, check local operating hours or request a pick-up at https://weclean.com.ph/.
About WeClean
Established in 2017, WeClean is a Filipino laundry and garment-care company operating 14 branches across Metro Manila, Palawan and Siargao. Its services include wash, dry and fold; household-item cleaning; pick-up and delivery; dry cleaning; ultrasonic sneaker cleaning; and commercial laundry. Every customer order is washed separately.
For additional information, visit https://weclean.com.ph/.
Media Contact
Organization: WeClean
Contact Person: Quin Ryle Torres
Website: https://weclean.com.ph/
Email:
info@weclean.com.ph
City: Manila
Country:Philippines
Release id:48573
The post WeClean Makes Separately Washed, Affordable Laundry More Accessible Across the Philippines 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
About Author
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.
Workplai has launched the Workplai Alliance Partner Program (WAPP), connecting interior designers, architects, contractors and real estate professionals with manufacturing and turnkey fit-out capabilities. The non-exclusive model supports smoother coordination across design, sourcing, production and installation while allowing partners to retain their existing business relationships.
Foshan, Guangdong, China, 29th Aug 2026 – Workplai has introduced the Workplai Alliance Partner Program (WAPP), a B2B partnership framework aimed at Enabling architects, interior designers, real estate professionals, contractors and allied trade specialists with manufacturing and turnkey fit-out capabilities.
The initiative addresses a common challenge in large-scale interior projects: coordinating design, material sourcing, manufacturing and on-site execution across multiple stakeholders. Through the alliance model, participating professionals can bring additional execution capabilities into their projects without having to build separate procurement, manufacturing or site-management infrastructure.
A Structured Model for Industry Partnerships
The program is built around four areas: integrated project delivery, structured commercial coordination, a non-exclusive operating model and centralized project governance.
For architecture and interior design practices, the framework provides support in moving projects from design specifications through manufacturing and installation. This allows firms to remain focused on design and client relationships while execution and procurement are coordinated through dedicated project teams.
Real estate developers and property advisors can use the model for fit-out requirements associated with handover and possession stages across residential and commercial developments. For allied contractors, including MEP, modular cabinetry and finishing specialists, the program provides an avenue to participate in larger fit-out projects while continuing to operate within their areas of expertise.
The program also extends to commercial and facility management teams handling enterprise workspace reconfigurations, refurbishment and related fit-out requirements.
Non-Exclusive Partnership Structure
A defining advantage of WAPP is its non-exclusive partnership model, designed to expand a partner’s execution capabilities without limiting existing business relationships. Partners remain free to work with their existing clients, professional networks and preferred vendors, while accessing Workplai’s manufacturing, procurement and turnkey execution capabilities whenever a project requires additional scale or capacity.
The alliance is structured as an additional execution resource, not a replacement for established relationships, enabling partners to retain ownership of their client relationships while leveraging Workplai’s infrastructure and project capabilities.
Commercial engagement is structured around project milestones, providing greater clarity across delivery stages while reducing the need for partners to maintain inventory or assume direct manufacturing-related balance-sheet exposure.
Technical documentation, milestone tracking and site coordination are managed through dedicated Workplai project teams, creating a single coordination layer across participating stakeholders.
Mr. Arihant Nahar, CEO of Workplai, said the increasing scale and complexity of interior projects has made coordination between design, manufacturing and execution a critical part of project delivery.
“Delivering large-scale interior fit-outs requires close coordination between design precision, reliable manufacturing, and managed on-site execution,” Nahar said. “The Workplai Alliance Partner Program establishes a collaborative ecosystem where independent professionals and institutional partners can leverage an established supply chain and project governance framework to deliver predictable, high-standard environments for clients.”
Access to Manufacturing Infrastructure
The alliance also incorporates access to manufacturing infrastructure in Foshan, Guangdong, China. Partner onboarding includes technical orientation, project tracking tools and coordination with Workplai’s design and execution teams.
For firms handling larger or multiple projects, such access could provide a way to scale delivery capacity without substantially expanding their own procurement and production operations.
Rollout Across Key Markets
Partner onboarding for the Workplai Alliance Partner Program is currently underway across key commercial and metropolitan regions. The initiative brings together participants from architecture, interior design, real estate, contracting, furniture and allied trades.
By creating a structured connection between professional practices and manufacturing-led execution, the program is positioned to support firms seeking greater project capacity while retaining control of their existing client and business relationships.
Corporate Communications & Partner Inquiries
Alliance Desk: partner@myworkplai.com
Media Communications: suraj@myworkplai.com | chaitanya@myworkplai.com
Corporate Website: www.myworkplai.com
Operations Hub: Shazui Industrial Park, Foshan City, Guangdong, China
Media Contact
Organization: Stellar Furniture
Contact Person: Avil Porwal
Website: https://www.stellarglobal.com/
Email: Send Email
Contact Number: +919109316533
Address:Henan Road, South District of Longcong Industrial Zones,
Address 2: Beijiao Town, Shunde,
City: Foshan
State: Guangdong
Country:China
Release id:48601
The post Workplai Introduces Alliance Partner Program for Interior Industry Professionals 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
About Author
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.
BOOMFIT PREMIUM Krasnodar Severny hosts a superhero-themed promotional event
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