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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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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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CVMR and BITEC Establish Joint Venture CVMR R.D. Congo S.A.R.L. to Advance Exploration and In-Country Refining of Strategic Minerals

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United States, 6th Mar 2026 –  In a joint communiqué, CVMR Corporation of Canada and Business Innovation Technology (BITEC) S.A.R.L. of the Democratic Republic of the Congo announced the execution of their joint venture agreement in the Democratic Republic of the Congo under the corporate name CVMR (R.D. Congo) S.A.R.L. (hereinafter referred to as “CVMR Congo”). The agreement is consistent with the well-established modus operandi of the CVMR group of companies which focuses on the evaluation, extraction, and in-country refining of critical minerals in partnership with the host governments, followed by the export of refined, value- added products to international markets. CVMR employs its proprietary Vapour Metallurgy technologies for the refining of critical metals. These technologies are designed to be environmentally neutral, minimizing environmental impact while achieving ultra-high-purity outputs. 

The strategic partnership between CVMR Corporation and BITEC is focused on gold, copper, nickel, coltan, iron, and cobalt in specific areas licensed by the DRC government. The agreement establishes a vertically integrated framework spanning exploration, mining development, and the deployment of CVMR’s proprietary refining technologies. This approach enables mineral resources to be processed domestically rather than exported in raw form for refining abroad, reinforcing local value creation while contributing to a more geographically diversified global refining landscape.

Under the agreement, CVMR and BITEC will collaborate on the evaluation, quantification, and development of their mineral concessions as well as the potential deployment of refining facilities based on CVMR’s Vapour Metallurgy platform. These technologies enable the production of ultra-high-purity metals and engineered products required by advanced manufacturing sectors, including aerospace, energy, electronics, and defense. The partnership further supports broader international efforts to expand refining capacity closer to the origin of resources, an area of increasing strategic importance as governments and industries seek to strengthen supply-chain resilience and reduce structural dependence on a limited number of refining jurisdictions.

“This partnership reflects CVMR’s long-standing commitment to enabling minerals rich countries to develop their mineral resources beyond extraction,” said Kamran M. Khozan, Chairman and Chief Executive Officer of CVMR Corporation. “By introducing refining capability alongside resource development, we aim to support the creation of a complete value chain and contribute to long-term industrial capacity of DRC.”

BITEC’s CEO, Paul Makela, said “The partnership between CVMR and BITEC marks a new era for Congolese mining valorization, advancing reserve development, job creation, skills transfer, and industrial capacity. He added that it strengthens North America–Central Africa economicties and reinforces confidence in the Democratic Republic of the Congo as a strategic destination for high-technology mining investment.” The Democratic Republic of the Congo holds some of the world’s most significant deposits of strategic minerals, including copper, cobalt, tantalum, niobium, rare earth minerals, and other materials essential to modern energy systems and advanced technologies. The CVMR–BITEC partnership is intended to support responsible resource development while enabling greater national participation in downstream processing

and industrial transformation.

About CVMR Corporation

CVMR Corporation is a Canadian-based mining and refining company that utilizes proprietary technologies for the concentration and refining of a wide range of metals. Its Vapour Metallurgy refining systems can produce ultra-pure metals in powder, nano-powder, pellet, super-alloy, and near-net-shape forms. CVMR’s technology platform supports high-precision refining and manufacturing applications across the aerospace, electronics, energy, and defense sectors. The company celebrated its 40th anniversary in January 2026. CVMR group of companies under CVMR Corporation are active in 23 countries worldwide. “Critical minerals achieve real economic value when they are evaluated, quantified, extracted, refined in-country, and integrated into end-user supply chains. In doing so, the Democratic Republic of the Congo ceases to be merely a raw materials supplier and becomes a powerhouse for innovation and technological advancement,” said Dr. Poly Mutombo, President of CVMR (Africa) Inc.

About BITEC

Business Innovation Technology (BITEC) S.A.R.L. is a mineral development company focused on responsible resource advancement and industrial collaboration within the Democratic Republic of Congo, with an emphasis on value creation, regulatory compliance, and long-term national development.

Read Original Article: https://cvmr.ca/media/news/cvmr-and-bitec-establish-joint-venture-cvmr-rd-congo-sarl-to-advance-exploration-and-in-country-refining-of-strategic-minerals

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Organization: CVMR Corporation

Contact Person: Kiana

Website: https://cvmr.ca/

Email: Send Email

Country:United States

Release id:42308

The post CVMR and BITEC Establish Joint Venture CVMR R.D. Congo S.A.R.L. to Advance Exploration and In-Country Refining of Strategic Minerals 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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Cancos Tile and Stone Introduces the CTS Pro plus Collection: A New Professional-Grade Porcelain Tile Series Designed for Builders, Contractors, and Designers

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United States, 6th Mar 2026 — Cancos Tile & Stone proudly announces the launch of the CTS Pro+ Collection, a new professional-grade porcelain tile program designed specifically for contractors, builders, and design professionals seeking high-quality tile with reliable availability and competitive pricing.

Imported from Spain, the CTS Pro+ Collection blends state-of-the-art manufacturing technology with generations of European tile craftsmanship, delivering durable, design-forward porcelain tile suitable for both residential and commercial applications. The collection features seven distinct tile series across 19 colors, offering a wide range of styles including stone-look, concrete-look, wood-look, and marble-look porcelain tile.

The seven series in the CTS Pro+ Collection include:

  • Cape – Stone look porcelain tile in three colors with matte finishes
  • Crete – Contemporary concrete-look porcelain tile in three colors
  • Essence – Wood-look porcelain plank tile available in a 9×48 format
  • Portland – Modern stone-look porcelain tile in three colors
  • Tuscan – Classic European stone-inspired porcelain tile in three colors
  • Naples – Marble-look porcelain floor tile paired with glossy ceramic wall tile
  • Palace – Premium marble-look porcelain and ceramic wall tile collection

Across the collection, installers and designers can choose from multiple professional formats, including 12×24, 24×24, 24×48, mosaics, plank tiles, decorative wall pieces, and coordinating bullnose trim.

One of the standout features of the CTS Pro+ Collection is the large-format 24×48 porcelain tile with rectified edges, allowing for tighter grout joints and a more refined, modern installation finish, ideal for luxury residential interiors and contemporary commercial environments.

Another key advantage of the program is local availability. All series within the CTS Pro+ Collection are stocked and available in Cancos showrooms, giving contractors and designers quick access to materials and reducing project delays often associated with special-order imports.

The collection also includes specialty design options, such as marble-look porcelain paired with glossy ceramic wall tile, decorative curved wall tiles, and coordinating mosaics, providing additional flexibility for bathrooms, kitchens, and feature walls.

With the introduction of the CTS Pro+ Collection, Cancos continues its mission of providing the Long Island building and design community with high-quality tile solutions that balance style, performance, and value.

Trade professionals, designers, and homeowners are invited to visit a Cancos showroom to explore the CTS Pro+ Collection in person and discover the full range of colors, formats, and design possibilities.

For more information, visit: https://cancostileandstone.com/showrooms/

Emailmarketing@cancos.com 

About Cancos Tile & Stone

Cancos Tile & Stone is a leading tile and stone supplier serving homeowners, contractors, builders, and designers throughout Long Island and the surrounding region. Known for its extensive product selection, award-winning showrooms, and commitment to quality materials, Cancos provides premium tile solutions for residential and commercial projects of all sizes.

Media Contact

Organization: Cancos Tile & Stone

Contact Person: A. Linder

Website: https://cancostileandstone.com/showrooms/

Email: Send Email

Country:United States

Release id:42309

The post Cancos Tile and Stone Introduces the CTS Pro plus Collection: A New Professional-Grade Porcelain Tile Series Designed for Builders, Contractors, and Designers 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

The Cupbearer’s Guild Honors Eureka Vodka with Prestigious Double Gold Recognition

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Portland, Oregon, 5th March 2026, ZEX PR WIRE — Eureka Vodka has been awarded a Double Gold distinction by The Cupbearer’s Guild, recognizing the brand for its exceptional quality, balance, and craftsmanship. This high-level honor reflects unanimous praise from a panel of industry experts who evaluated the spirit through a blind tasting process.

Double Gold recognition is reserved for spirits that demonstrate outstanding character and consistency. Eureka Vodka impressed judges with its clean, refined profile and smooth, approachable finish—qualities that make it equally suited for sipping neat or elevating classic and contemporary cocktails.

Crafted with precision and care, Eureka Vodka embodies a thoughtful balance between purity and personality. Judges noted its clarity, softness on the palate, and well-structured composition, highlighting a vodka that feels both polished and expressive. The result is a spirit designed to appeal to vodka enthusiasts who value quality, versatility, and authenticity.

Beyond the tasting panel, Eureka Vodka has also generated enthusiastic feedback from retail partners. Retailers praised the brand’s presentation, adaptability across a range of occasions, and strong appeal to consumers seeking premium spirits with credibility and character. This positive market response reinforces the judges’ impressions and underscores Eureka Vodka’s growing presence in the premium vodka category.

As part of this recognition, Eureka Vodka will receive official Double Gold designation materials from The Cupbearer’s Guild, including award seals for use on packaging, marketing, and digital platforms. The brand will also be featured in upcoming Guild publications and consumer-facing promotional materials.

The Cupbearer’s Guild congratulates the Eureka Vodka team on this achievement. The Double Gold distinction reflects a clear commitment to craftsmanship and quality, and signals a spirit that resonates with both experts and everyday consumers alike.

For more information about Eureka Vodka and where to find it, please visit the brand’s official channels or contact your local retailer.

Website:

https://www.distillerieeuclide.ca/

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