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.
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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.
Press Release
Brian Baldari on the Difference Between a Mentor and a Sponsor, and Why It Decides Promotions
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ResilExec® Coaching founder Brian Baldari, Pharm.D., MBA, on why senior leaders who have plenty of advice and no advocacy stall at the same level for years.
BRICK, N.J., Oct 03, 2026, ZEX PR WIRE — Most senior professionals have someone they go to for advice. Far fewer have someone who argues for them in a room they are not in. According to Brian Baldari, Pharm.D., MBA, founder of ResilExec® Coaching, that distinction accounts for a large share of stalled advancement among otherwise strong performers.
Baldari spent 24 years inside pharmaceutical, healthcare, and enterprise leadership organizations. He held five successive Director-level roles, moved from Director to Vice President and Senior General Manager in 18 months, and led the commercial launch of 14 brands. He now works with Associate Directors, Directors, Senior Directors, Executive Directors, and Vice Presidents inside pharmaceutical, healthcare, and enterprise IT organizations.
“A mentor talks to you. A sponsor talks about you,” Baldari says. “One of those changes your calendar. The other changes your title.”
Advice Is Not Advocacy
Mentorship is widely available and widely encouraged. Many organizations run formal programs for it. A mentor offers perspective, context, and guidance, and that guidance has real value early in a career when the primary gap is knowledge.
Sponsorship operates differently. A sponsor spends their own credibility on someone else. They put a name forward on a succession slate, defend a candidate during calibration, and accept the consequences if the bet does not pay off. That is a materially different act, and it is not something an organization can mandate.
“Leaders collect mentors because mentors are easy to ask for,” Baldari says. “Nobody feels awkward requesting advice. Asking someone to spend their reputation on you is a different conversation, and most people never have it.”
Where the Gap Shows Up
The gap becomes visible at the point where advancement decisions are made collectively. Calibration sessions and succession discussions involve people across multiple functions, many of whom have no direct experience of a given candidate’s work. In those rooms, a candidate is represented by whoever chooses to speak.
“If nobody in that room can describe what you do at enterprise scale, you are not in the conversation, regardless of your review,” Baldari says. “The decision is not made on the strength of your record. It is made on the strength of the description someone else gives of it.”
Baldari notes that this is where strong performers are most often surprised. Their performance ratings are high, their manager is supportive, and the outcome still does not change, because the people who influenced the decision were never engaged.
Sponsorship as a Variable
Sponsorship is one of five variables in Baldari’s Promotion Math
framework, alongside Performance, Visibility, Narrative, and Timing. In his assessment, strong performers optimize the first variable and leave the remaining four unattended, then attribute the result to politics.
“Performance gets you noticed. Positioning gets you promoted,” Baldari says. “Sponsorship is the variable people find hardest to work on, because it requires asking for something rather than producing something.”
What Changes the Outcome
Baldari advises leaders to identify the specific individuals who will participate in the decisions that affect them, then assess honestly whether those individuals could describe their contribution without prompting. In most cases the answer is no, and that is the actionable finding.
From there the work is practical rather than social. It involves delivering value to those individuals rather than checking in with them, framing results at enterprise level rather than functional level, and showing up in forums where that work is visible to people beyond a direct reporting line.
“You do not recruit a sponsor by asking them to be one,” Baldari says. “You give them something worth putting their name next to, and you make sure they understand what it was.”
About Brian Baldari
Brian Baldari, Pharm.D., MBA, based in Brick, New Jersey, is the founder of ResilExec® Coaching and Resilient Performance Group LLC. He spent 24 years inside pharmaceutical, healthcare, and enterprise leadership organizations, held five successive Director-level roles, and advanced from Director to Vice President and Senior General Manager in 18 months. He led the commercial launch of 14 brands across rare and chronic disease categories, led an organization of more than 250 people, and has mentored more than 50 leaders across three continents. Through ResilExec Coaching, he helps Associate Directors, Directors, Senior Directors, Executive Directors, and Vice Presidents accelerate career growth through personalized executive coaching, leadership development, and strategic career positioning.
Media Contact
Resilient Performance Group LLC
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
Timothy Caraboolad Publishes a Buyer’s Checklist for New-Build Condos in South Florida
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Real estate developer Timothy Caraboolad is releasing a set of questions first-time buyers should ask before putting money down on a new-build apartment in South Florida.
A market full of new buildings, and a lot of first-time buyers
Florida, USA, Oct 03, 2026, ZEX PR WIRE — South Florida has no shortage of new construction. Buildings go up fast, sales offices open before the concrete cures, and renderings promise more than any buyer can verify in a single walkthrough.
Timothy Caraboolad, a real estate developer and designer based in Palm Beach, Florida, has spent years on the other side of that process, building high-end custom homes through his firm Lad Design. He says the buyers who end up happiest are the ones who ask harder questions earlier, not the ones who fall for the best rendering.
“A sales gallery is designed to sell you a feeling,” he says. “Your job as a buyer is to slow that down and ask what you’re actually getting for the price.”
What to check before signing anything
Caraboolad points first-time buyers toward a few areas that matter more than finishes.
Construction quality behind the walls. Countertops and cabinetry are easy to judge. What is inside the walls is not. Caraboolad suggests asking who the general contractor is, how long they have built in the area, and whether the building uses concrete or wood-frame construction, since that affects sound, insurance, and long-term durability in a hurricane-prone region.
HOA fees and what they actually cover. New buildings often advertise low fees at launch that rise once amenities open and reserves get funded. “Ask for the projected budget once the building is fully occupied, not just the introductory number,” Caraboolad says. He recommends buyers ask specifically what percentage of the fee goes into reserves, since that determines whether the building can pay for a roof or a seawall repair without a special assessment.
Storm readiness. In South Florida, this is not optional. Buyers should ask about impact windows, generator backup for elevators and common areas, and flood elevation. Caraboolad says a building’s flood zone designation should be requested in writing, not estimated by a sales agent.
Parking and storage, spelled out. Some buildings sell parking as a deeded asset. Others assign it and can reassign it later. Caraboolad says this distinction matters more than most buyers realize until after closing.
Developer track record. A new building has no resale history to check. Caraboolad suggests buyers look at other projects the same developer has completed, not just renderings of the one being sold, and ask how those buildings have held up.
Timing the purchase
For pre-construction units, Caraboolad says the biggest risk is not price, it is timeline. Delays are common, and buyers should understand what happens to their deposit if the closing date slips.
“Get the outside date for completion in writing,” he says. “And ask what your options are if that date passes.”
He also encourages buyers to walk a finished unit in the same building, or a comparable one from the same developer, before relying on a model unit that may use upgraded finishes not included in the base price.
Why this matters for first-time buyers specifically
Caraboolad says first-time buyers face a particular disadvantage: they often do not know which questions are normal to ask, so they accept vague answers.
“An experienced buyer will push back on a soft answer about HOA reserves or insurance history,” he says. “A first-time buyer might just assume that’s how it works. It isn’t. You’re allowed to ask for documentation before you commit.”
His broader point is that a new building can be a strong investment in South Florida, but only when the buyer treats the sales process the same way a developer would: checking budgets, checking materials, and checking the people building it, before checking the view.
About Timothy Caraboolad
Timothy Caraboolad is an entrepreneur, real estate developer, and designer based in Palm Beach, Florida. He is the founder of Lad Design, a South Florida firm building high-end custom homes, and previously founded Arc Design, a luxury residential development and design firm in the Boston area. He holds a Bachelor’s Degree in International Business from Rollins College.
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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.
Press Release
Jermaine Gassaway: A checklist for parents choosing school leadership
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Jermaine Gassaway, a superintendent and public education advocate, outlines what parents should look for in school and district leaders before enrolling their children.
Why leadership is the first thing to check
North Carolina, USA, Oct 03, 2026, ZEX PR WIRE — Parents often start a school search by looking at test scores or building tours. Jermaine Gassaway says that misses the bigger question: who is running the school, and how do they lead.
“A building can look great and still have weak instruction,” Gassaway says. “The leader sets the tone for everything else. If you skip that part of the search, you’re missing the most important piece.”
Gassaway has worked as a teacher, a principal, and a superintendent. That range gives him a view of leadership from more than one seat, and he says the questions parents ask should change depending on what they can actually observe.
What to ask before you tour the building
Gassaway suggests parents start with a short list of questions for any principal or superintendent they meet.
How do you measure growth, not just scores. A single test score tells a parent almost nothing about whether their child is improving. Gassaway says leaders who can talk about growth over time, not just a snapshot, are paying attention to the right thing.
How often are you in classrooms. A principal’s visibility in classrooms is a signal of how closely they track teaching day to day. Gassaway says parents should ask directly how often the leader observes instruction and gives feedback to teachers.
What happens when a student falls behind. Every school has students who struggle. Gassaway says the real question is whether there is a clear plan, with specific support, for those students, or whether it is left to chance.
How do you support new teachers. Turnover affects children directly. Gassaway says parents should ask how new teachers are coached in their first year, since that shapes whether a child gets a stable classroom experience.
Red flags parents should not ignore
Gassaway points to a few signs that should raise questions, even if the rest of a school visit goes well.
A leader who cannot describe how they use data. If a principal talks only in generalities about student progress, Gassaway says that is worth a follow-up question.
A staff that seems unsettled or unclear on expectations. Gassaway says parents can pick up on this just from talking to teachers or reading how a school communicates with families.
No clear answer on discipline or support plans. Parents should expect a straight answer on how the school handles behavior and academic struggles, not a vague reassurance.
What good leadership sounds like
Gassaway says strong school leaders tend to talk in specifics. They can describe how a reading program works, not just that the school “cares about literacy.” They know their staff by name and can speak to strengths and gaps on their team. They treat parent questions as normal, not as a challenge to be managed.
“You can tell a lot from how a leader answers a hard question,” Gassaway says. “Do they get defensive, or do they give you a real answer. That tells you how they’ll treat you once your child is enrolled.”
A short list parents can bring to a school visit
Gassaway recommends parents keep it simple: three or four questions, asked directly, with room to follow up.
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How do you track whether students are growing, not just passing.
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How often are you in classrooms, and what do you look for.
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What is your plan when a student is behind grade level.
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How do you support teachers who are new to the school.
He says the answers matter less for their polish and more for their specificity. “A leader who knows their school will have real answers,” Gassaway says. “A leader who doesn’t will talk around it.”
About Jermaine Gassaway
Jermaine Gassaway is a superintendent based in Charlotte, North Carolina. He is a former teacher and school principal, and the author of “Unopened Books: Multiplying the 2%” and “When You Arrive: A Children’s Book About Racism.” He is a graduate of Johnson C. Smith University and has worked in public education for more than a decade.
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.
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