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

Published

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

Leverabet Launches Cryptocurrency-Based Online Gaming Platform Focused on Digital Transactions and Transparent Gameplay

Published

10 hours ago

on

February 15, 2026

By

 

New York, NY/ GlobePRWire / Feb 12, 2026 –Leverabet, a cryptocurrency-enabled online gaming platform, has announced the launch of its digital entertainment ecosystem designed to integrate blockchain-based payments with a wide selection of online gaming content.

 

The platform enables users to participate in online games and sports-related markets using supported cryptocurrencies. By utilizing blockchain infrastructure, Leverabet facilitates digital asset deposits and withdrawals within its system.

 

Leverabet reports that its platform currently provides access to more than 15,000 on-demand games and coverage of over 500,000 sporting events annually. The gaming portfolio includes casino-style entertainment titles, multiplier-based games, and sports markets accessible through a single user interface.

 

To support transparency, Leverabet incorporates provably fair gaming technology. This system allows users to independently verify game outcomes through cryptographic validation methods.

The platform also includes structured user rewards and tier-based benefits designed to provide engagement incentives for registered users. Certain games within the ecosystem feature high-multiplier mechanics as part of their gameplay structure.

 

Leverabet states that it is designed with a privacy-conscious framework and streamlined account setup, subject to applicable laws and jurisdictional requirements. Availability of services may vary by region.

 

As the cryptocurrency sector continues to evolve, Leverabet aims to contribute to the broader development of blockchain-based digital entertainment platforms.

 

Users are encouraged to review local regulations before participating. Online gaming involves risk and may not be suitable for all individuals. Responsible participation is advised.

 

For more information, please visit:

Website: https://leverabet.com

X (Twitter): https://x.com/LeverabetCom

Telegram: https://t.me/leverabetcom

Instagram: https://www.instagram.com/leverabetcom

 

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Press Release

Xiangyang, China: locals welcome the Chinese New Year by flying sky lanterns and experiencing intangible cultural heritage.

Published

12 hours ago

on

February 15, 2026

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On February 14, 2026, local time, residents gather in the Ancient City of Xiangyang, located in Xiangyang, Hubei Province, China, to release Kongming lanterns in a coordinated public event. The Ancient City of Xiangyang boasts a history spanning 2,800 years.

Under the theme “Thousands of Lanterns Flying Above the Hanshui River and Thousands of Families Welcoming the Spring Festival,” the event organizers distribute 2,000 helium-filled electronic Kongming lanterns on-site. Citizens and visitors inscribe their Spring Festival wishes and heartfelt blessings upon the lanterns, transforming intangible hopes into tangible aspirations poised to ascend into the night sky. As the lanterns flew gently and serenely, cheers, festive songs, and warm blessings resonated in unison, harmonizing with the luminous glow of the Ancient City Wall of Xiangyang and the gentle ripples of the Hanshui River—culminating in a vivid Spring Festival tableau: “Thousands of lanterns shimmering against the ancient wall; thousands of households welcoming spring together.”

A series of folk performances is also held that evening. The lion dance and the intangible cultural heritage–designated fire pot performance make a striking appearance, embodying the auspicious symbolism of “fire dispelling malevolent forces and bringing peace to every household.” Additionally, an on-site chorus comprising one thousand participants performs traditional Spring Festival songs, infusing the entire venue with festive joy.

Text by: Xiao Yumeng, Pan Ling

Photos by: Yang Dong, Li Xuhu

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Press Release

George Washington University Launch Groundbreaking Public Certification Course on Mold Illness

Published

1 day ago

on

February 14, 2026

By

United States, 14th Feb 2026 — The National Organization of Remediators and Microbial Inspectors (NORMI) is proud to announce a first-of-its-kind educational opportunity for the general public and mold professionals alike: Understanding Mold Illness: The Basics, an online course offered through The George Washington University Office of Professional Education.

This unique opportunity makes university-level education on mold illness available not only to NORMI members, but also to non-member professionals and the general public, marking a significant step forward in accessible, science-based environmental health education.

“This is the first time an internationally-renowned university has recognized the need for a mold course at this level of detail,” said Doug Hoffman, President of NORMI.  “We are excited to incorporate this offering to our clients and professionals. Dr. Heyman has done an outstanding job of making this information easy to understand and, because it is so basic, it will lay a strong foundation of understanding for both the public and the profession.”

A Foundational Course Addressing a Growing Need

Understanding Mold Illness: The Basics is a self-paced, online course designed to introduce participants to the science, health implications, and real-world challenges associated with mold exposure. The course covers:

  • Core science behind mold-related illness and inflammatory responses
  • Common symptom patterns and clinical considerations
  • Mycotoxins and environmental exposure pathways
  • Practical communication strategies for professionals and the public
  • A credible academic framework bridging health science and environmental practice

The course was developed by Dr. Andrew Heyman, Fellowship Director Integrative Medicine Program at GWU, a recognized leader in environmental and mold-related health education.

“We are so excited to be able to partner with NORMI to offer this to a profession that needs this information,” said Dr. Andrew Heyman.  “Their clients are struggling in their pursuit of legitimate, science-based information about mold illness, and this is a great start in the right direction.”

Certification Through George Washington University

Upon successful completion, participants receive a Certificate of Completion from George Washington University, adding academic credibility for professionals in mold inspection, remediation, indoor air quality, healthcare-adjacent fields, and environmental health — as well as informed consumers seeking trustworthy education.

Exclusive NORMI Public Promotion

To encourage widespread participation, NORMI is offering an exclusive promotional opportunity for public enrollment:

This offer is available to both professionals and the general public, reinforcing NORMI’s commitment to education, transparency, and raising standards across the mold and indoor environmental health industries.

Why This Matters

Mold exposure continues to affect homes, schools, workplaces, and public buildings nationwide. While mold is common, the health impacts are often misunderstood, leading to confusion, misinformation, and frustration for affected individuals.

By supporting professional education with a leading academic institution, NORMI is helping bridge the gap between science, professional practice, and public understanding — empowering individuals with credible, foundational knowledge that supports better decisions and healthier environments.

About NORMI

The National Organization of Remediators and Microbial Inspectors (NORMI) is a global leader in standards, training, and certification for mold inspectors, remediators, and indoor environmental professionals.
doug@normi.org

Media Contact

Organization: NORMI, National Organization of Remediators and Microbial Inspectors

Contact Person: Doug Hoffman

Website: https://www.normi.org/

Email: Send Email

Country:United States

Release id:41423

The post George Washington University Launch Groundbreaking Public Certification Course on Mold Illness 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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