Connect with us

Press Release

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

Published

6 years ago

on

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

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

K-Beauty Brand HANDAM Launches Hydration-Focused Skincare Inspired by Korean Nature

Published

5 hours ago

on

August 24, 2026

By

The Everyall Co., Ltd. introduces a three-product skincare collection centered on hydration, sensory textures, and ingredients inspired by Korea’s natural environment.

Wonju-si, South Korea, 24th Aug 2026 — Korean skincare brand HANDAM, developed by The Everyall Co., Ltd., launches its first skincare collection with a hydration-focused approach inspired by the purity and calm of Korean nature.

HANDAM expresses the idea of “holding and preserving beauty,” bringing together nature-inspired ingredients, modern skincare formulations, and a refined sensory experience designed to support balanced, healthy-looking skin.

At the center of the collection is Jeju Lava Seawater, a natural ingredient sourced from Jeju Island, combined with Aquaxyl™, a Centella Asiatica complex, Panthenol, and other skin-conditioning ingredients. The collection is designed around hydration and comfortable daily use, with textures created to feel fresh, lightweight, and easy to layer.

Three Products, One Hydration Ritual

  • HANDAM Hydrating Serum: A lightweight cream-in-serum formula featuring Rosa Rugosa Extract. It is designed to deliver a refreshing layer of hydration with a smooth, non-sticky finish.
  • HANDAM Hydrating Cream: A moisturizer inspired by a melting sherbet texture. The formula melts smoothly into the skin and leaves a fresh, moisturized finish without feeling heavy.
  • HANDAM Hydrating Sunscreen: A daily sunscreen developed with a moisturizing texture that feels comfortable on the skin and is designed to layer well under makeup.

A Sensory Approach to Hydration 

Rather than focusing on hydration as a single functional claim, HANDAM approaches it as a daily skincare experience. The serum, cream, and sunscreen are designed to complement one another through different textures and stages of a routine, allowing users to layer hydration without an overly heavy or sticky finish.

“Modern consumers are looking for skincare products that offer not only thoughtfully selected ingredients but also a comfortable sensory experience,” said a representative of The Everyall Co., Ltd. “Through HANDAM, we aim to translate the purity of Korean nature into a contemporary hydration ritual that feels simple, refined, and enjoyable in everyday life.”

Positioning HANDAM for Global K-Beauty Consumers 

As global interest in K-Beauty continues to expand, HANDAM plans to introduce its hydration-focused skincare philosophy to international consumers and expand its presence in global markets. The brand will position its first collection around a clear combination of storytelling inspired by Korean nature, modern formulations, and distinctive textures.

HANDAM’s debut collection marks the first step in building a broader skincare identity centered on hydration, comfort, and a contemporary interpretation of Korean beauty.

About HANDAM 

HANDAM is a Korean skincare brand developed by The Everyall Co., Ltd. The brand focuses on hydration-centered skincare inspired by Korean nature, combining carefully selected ingredients with modern textures and refined sensory experiences.

For more information, please visit https://handamstore.com/

Media Contact

Organization: The Everyall Co., Ltd.

Contact Person: Kim chong won

Website: https://handamstore.com/

Email: Send Email

City: Wonju-si

Country:South Korea

Release id:48371

The post K-Beauty Brand HANDAM Launches Hydration-Focused Skincare Inspired by Korean Nature 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

Press Release

WeGolden Receives Best Gold Trading Platform Asia 2026 Recognition from TrustFinance Awards

Published

6 hours ago

on

August 24, 2026

By

Singapore, Singapore, August 24th, 2026, FinanceWire

WeGolden has received the Best Gold Trading Platform Asia 2026 recognition from the TrustFinance Performance Awards, highlighting its gold-focused trading environment, platform capabilities, and accessibility across supported Asian markets.

The recognition forms part of the TrustFinance Performance Awards 2026, which recognizes companies across specific areas of performance based on category-relevant assessment. Evaluations may consider company submissions, supporting materials, publicly available information, and other evidence relevant to the respective award category.

For Best Gold Trading Platform Asia 2026, the recognition centers on WeGolden’s gold-focused offering and the broader platform experience surrounding it.

Gold is a central part of WeGolden’s trading offering. The platform provides access to gold alongside other global financial instruments through MetaTrader 5 (MT5), enabling users to access multiple asset classes within an established trading environment. WeGolden also provides real-time market information and charting resources to help users follow market movements and support their trading decisions.

Beyond its core trading infrastructure, WeGolden offers copy trading functionality, allowing users to explore strategy providers, review available performance information, and monitor trading activity. Combined with market analysis and educational resources, these capabilities form part of a broader platform experience designed to accommodate different levels of trading experience and approaches to the market.

WeGolden also provides localized digital experiences in several Asian languages, including Thai, Indonesian, Filipino, and Hindi. The platform supports a range of payment methods and local deposit and withdrawal options for users in supported markets, further extending the accessibility of its services across the region.

“A strong gold trading platform is defined by more than access to a single instrument. Trading infrastructure, market information, supporting tools, and accessibility all contribute to the overall experience. WeGolden has developed an approach that brings these elements together within a gold-focused trading environment for users across supported Asian markets,” said Peter Bu, CEO of TrustFinance.

The Best Gold Trading Platform Asia 2026 recognition reflects WeGolden’s continued development of a gold-focused trading environment supported by established trading infrastructure, market tools, copy trading capabilities, and localized services across supported markets in Asia.

About WeGolden

WeGolden is an online trading platform with a strong focus on gold, providing access to a range of financial instruments including forex, metals, indices, energies, cryptocurrencies, and share CFDs. The platform provides access to MetaTrader 5 alongside market information, copy trading functionality, educational resources, and account services designed to support the overall trading experience.

For more information, visit www.wegolden.com

About TrustFinance Awards

TrustFinance Awards is an independent recognition program focused on performance and achievement across the global financial industry. Through the TrustFinance Performance Awards, companies are evaluated within specific areas of performance using category-relevant criteria. Evaluations may consider publicly available information, company submissions, and supporting evidence relevant to each award category.

The program recognizes performance across areas including customer experience, transparency, technology, innovation, platform capabilities, and operational excellence.

For more information, visit awards.trustfinance.com

Disclaimer: This award recognition is based on the TrustFinance Awards evaluation criteria for the specified category and period. It does not constitute financial advice, investment advice, or a recommendation of any financial product or service.

Contact

TrustFinance Awards
TrustFinance
awards@trustfinance.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

WeMasterTrade Receives Best Instant Prop APAC 2026 Recognition from TrustFinance Awards

Published

6 hours ago

on

August 24, 2026

By

Singapore, Singapore, August 24th, 2026, FinanceWire

WeMasterTrade has received the Best Instant Prop APAC 2026 recognition from the TrustFinance Performance Awards, highlighting its Instant Funding model, flexible prop trading structure, and accessibility across the Asia-Pacific region.

The recognition forms part of the TrustFinance Performance Awards 2026, which recognizes companies across specific areas of performance based on category-relevant assessment. Evaluations may consider company submissions, supporting materials, publicly available information, and other evidence relevant to the respective award category.

For Best Instant Prop APAC 2026, the recognition centers on WeMasterTrade’s Instant model and the broader trading experience surrounding its proprietary trading programs.

A key part of WeMasterTrade’s offering is its Instant Funding model, which provides traders with access to simulated trading accounts with virtual funds without first completing a traditional multi-stage evaluation. Alongside Instant Funding, the company also provides Challenge-based programs, giving users different routes depending on their trading approach and preferences.

The platform is designed to accommodate a range of trading strategies and styles. According to information published by WeMasterTrade, its programs support approaches including day trading, scalping, Expert Advisors (EAs), and copy trading, subject to the rules and conditions of the selected program. The company also offers different account configurations and program structures, allowing traders to select an option aligned with their objectives and risk parameters.

The overall trader experience also includes tools designed to support account monitoring and program management. WeMasterTrade provides dashboards and account management tools designed to help users monitor their trading activity and progress. The company also publishes information covering program rules, reward structures, and payout processes, contributing to greater visibility throughout the user journey.

WeMasterTrade also maintains localized digital experiences for multiple markets and languages across the region, supporting accessibility for users across its supported APAC markets.

“The evolution of prop trading is increasingly shaped by flexibility, accessibility, and the technology supporting the trader experience. WeMasterTrade’s Instant Funding approach provides an alternative pathway for traders who prefer direct access to a simulated trading environment with virtual capital rather than completing a traditional multi-stage evaluation,” said Peter Bu, CEO of TrustFinance.

The Best Instant Prop APAC 2026 recognition reflects WeMasterTrade’s development of an instant-access prop trading model supported by flexible program structures, trading tools, and localized accessibility across supported Asia-Pacific markets.

About WeMasterTrade

WeMasterTrade is a trading evaluation platform designed to identify skilled and disciplined traders through objective-based programs, offering both Instant and Challenge-based trading programs. Its model provides traders with access to simulated trading accounts under defined program rules, with opportunities to earn rewards based on eligible trading performance.

The platform supports multiple trading approaches and provides account management tools, program options, and educational information designed to support participants throughout their prop trading journey.

For more information, visit www.wemastertrade.com.

About TrustFinance Awards

TrustFinance Awards is an independent recognition program focused on performance and achievement across the global financial industry. Through the TrustFinance Performance Awards, companies are evaluated within specific areas of performance using category-relevant criteria. Evaluations may consider publicly available information, company submissions, and supporting evidence relevant to each award category.

The program recognizes performance across areas including customer experience, transparency, technology, innovation, platform capabilities, and operational excellence.

For more information, visit awards.trustfinance.com.

Disclaimer: This award recognition is based on the TrustFinance Awards evaluation criteria for the specified category and period. It does not constitute financial advice, investment advice, or a recommendation of any financial product or service.

Contact

TrustFinance Awards
TrustFinance
awards@trustfinance.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

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us