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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

6 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

AI Shopping Assistant Institute Recognizes Saparo in 2026 AI Shopping Agent Awards

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5 hours ago

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October 20, 2026

By

The 2026 AI Shopping Agent Awards scored eight AI shopping tools on checkout savings, and Saparo received 390 of 400 points across four published criteria.

United States, 20th Oct 2026, Grand Newswire – SAN FRANCISCO, October 14, 2026 — The AI Shopping Assistant Institute (bestaishoppingassistant.com) today announced the results of its 2026 Best AI Shopping Agent Awards and recognized Saparo (saparo.ai) with the 2026 award. The ranking reviewed the public documentation of eight AI shopping tools. It scored each tool on how well it helps a shopper pay the lowest honest price for a product they have already chosen, while keeping the shopper in control of the payment. All scores and the full rubric are published at bestaishoppingagent.com.

AI Shopping Assistant Institute Recognizes Saparo in 2026 AI Shopping Agent Awards

Disclosure 

The AI Shopping Assistant Institute and the Best AI Shopping Agent Awards are operated by the clawbot.ai editorial team. Saparo is not owned or operated by the Institute or by clawbot.ai. Every score is published with its documentation sources so readers can check the results themselves.

How the Tools Were Scored

The editorial panel reviewed each tool’s public documentation. Tools were scored from 0 to 100 on four dimensions: Savings Depth, Price Transparency, Checkout Control and Retailer Reach. Each total is the unweighted sum of the four, built from twenty documentation checks.

How Saparo Compared With the Field

Saparo scored 100 on Savings Depth, 100 on Price Transparency, 100 on Checkout Control and 90 on Retailer Reach, for a total of 390.

Why Saparo Scored 390 of 400

Saparo was the only tool in the field whose documentation met all four criteria:

  • Savings Depth: It compares promo codes, cashback, card rewards and gift-card discounts in a single view, rather than handling only one type of saving.
  • Price Transparency: It shows every line of the final price, including shipping and tax, before the shopper commits.
  • Checkout Control: It hands account, CAPTCHA and payment steps back to the shopper, and card numbers are entered on the merchant’s own checkout page.
  • Retailer Reach: It compares the same product across several retailers.
  •  

According to Saparo’s documentation, the agent tests promo codes, compares cashback and card rewards, and weighs gift-card routes. It then presents the result as one readable checkout plan. The shopper reviews each discount line and approves the payment personally.

“Checkout savings come from several places at once: codes, cashback, card rewards and gift cards,” said Michael of the AI Shopping Assistant Institute’s editorial panel. “We scored tools on whether they put those side by side, show the full final price and leave the payment decision with the shopper. Saparo met all four criteria, and that is reflected in its score of 390.”

What the Ranking Covers

The ranking is an editorial assessment of each tool’s publicly documented capabilities, scored against a published rubric. It evaluates checkout savings specifically. It does not rate product discovery and does not guarantee the price of any individual order.

About the AI Shopping Assistant Institute

The AI Shopping Assistant Institute publishes standards, research and annual awards on AI-assisted online shopping. Launched in 2026, it maintains a five-level standard for AI shopping autonomy, an annual report, a glossary and a checkout savings calculator. Website: https://bestaishoppingassistant.com/

About the Best AI Shopping Agent Awards

The Best AI Shopping Agent Awards is an annual ranking of AI shopping agents. It applies the AI Shopping Assistant Institute’s scoring method and publishes every score. Website: https://bestaishoppingagent.com/

About Saparo

Saparo is an AI shopping agent that turns a shopping task into a clear checkout plan. It compares coupons, cashback, card rewards, gift-card savings and retailer prices before the shopper pays. Saparo is available as a Chrome extension and is currently in Beta. Saparo charges no subscription and no success fees, and no card is required to get started. Website: https://saparo.ai/

Media Contact

Organization: clawbot ai

Contact
Person: Michael

Website:

https://clawbot.ai/

Email:

contact@clawbot.ai

Country:United States

The post AI Shopping Assistant Institute Recognizes Saparo in 2026 AI Shopping Agent Awards
appeared first on Grand Newswire.
It is provided by a third-party content provider. Grand Newswire makes no
warranties or representations in connection with it.

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Press Release

Humane HR Magazine Issue 2 – October 2026 Edition Now Live as Humane HR Awards 2027 Nominations Open

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5 hours ago

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October 20, 2026

By

Woodside, South Australia, Australia, 20th Oct 2026, Grand Newswire –
Humane HR magazine Issue 2 – October 2026 Edition is now live, featuring interviews and expert contributions on human resources, workplace practices and leadership.

Humane HR Magazine Issue 2 – October 2026 Edition Now Live as Humane HR Awards 2027 Nominations Open

The issue of the HR for Humans at Work publication examines approaches to workplace management, employee development, recognition, performance, wellbeing and organisational change. Contributors discuss practices such as outcome-based performance measurement, flexible work arrangements, employee-led learning, peer recognition, mentorship and the integration of artificial intelligence into professional development.

The edition’s expert roundups also bring together perspectives on the factors that influence employee engagement, accountability and workplace experiences. Contributors address how trust, communication, autonomy and defined expectations inform management practices and team performance.

The issue also features the Humane HR Awards 2025 recipients, whose work covers areas including neuro-inclusive leadership, workplace safety, human–technology integration, emotional intelligence, employee wellbeing and organisational transformation.

Through interviews and expert responses, the October edition considers how human resources practitioners and organisational leaders can account for employee needs while addressing business objectives. The contributions examine the role of leadership decisions, workplace systems and development opportunities in shaping how people participate and contribute at work.

Issue 2 continues the magazine’s coverage of human resources through perspectives from professionals working across different roles and sectors.

The October 2026 edition is available via major retailers including Amazon. More details can be found via the Humane HR Magazine page at the website of HR for Humans at Work. 

Humane HR Magazine Issue 2 – October 2026 Edition Now Live as Humane HR Awards 2027 Nominations Open

Alongside the magazine’s release, HR for Humans at Work has announced the opening of nominations for the Humane HR Awards 2027. The awards provide an opportunity to recognise individuals and organisations whose work contributes to human resources, workplace practices and leadership. Interested individuals and organisations can consult the HR for Humans at Work website for nomination details and further information about the awards.

About HR for Humans at Work

HR for Humans at Work covers human resources, workplace practices and leadership through interviews, articles and professional perspectives. Its content examines how organisations approach people management, employee development, workplace relationships and organisational responsibilities.

About Humane HR Magazine

Humane HR Magazine is a publication focused on human resources, workplace leadership and the relationship between organisational practices and the people affected by them. Through interviews and expert contributions, the magazine covers topics including employee engagement, workplace wellbeing, professional development, inclusion, technology and organisational change.

About Humane HR Awards

The Humane HR Awards programme is hosted by HR for Humans at Work to recognise individuals, initiatives, companies and organisations contributing to more human-centred workplaces. The global awards recognise achievements across human resources and related fields, with consideration given to areas such as employee wellbeing, inclusion, leadership, professional development, workplace safety, innovation and organisational effectiveness. Through its recognition programme, the Humane HR Awards seeks to highlight practices that balance organisational objectives with the dignity, growth and wellbeing of people at work.

For more information and nomination details, visit https://hrforhumansatwork.com/humane-hr-awards/. 

Media Contact

Organization: HR for Humans at Work

Contact
Person: Esperanza Pretila

Website:

https://hrforhumansatwork.com/

Email:

esperanza.pretila@hrforhumansatwork.com

Address:82 Onkaparinga Valley Road, Woodside, South Australia 5244

City: Woodside

State: South Australia

Country:Australia

The post Humane HR Magazine Issue 2 – October 2026 Edition Now Live as Humane HR Awards 2027 Nominations Open
appeared first on Grand Newswire.
It is provided by a third-party content provider. Grand Newswire makes no
warranties or representations in connection with it.

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Press Release

Godspower Oshodin of Africa Literature Trust Fund Announces Book Tour in Kigali Accra and Cannes

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5 hours ago

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October 20, 2026

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Godspower Oshodin, founder of the Africa Literature Trust Fund, has announced public readings and book signings for his book Even the Devil Wears a Pretty Smile in Kigali on 7 November, Accra on 4 December and Cannes on 18 December 2026.

ABUJA, Nigeria, 20 October 2026 – Godspower Oshodin, founder of the Africa Literature Trust Fund (ALTF), today announced a book tour for his book “Even the Devil Wears a Pretty Smile,” with public readings and book signings in Rwanda, Ghana and France in November and December 2026.

Confirmed tour dates

7 November 2026 – Kigali, Rwanda

4 December 2026 – Accra, Ghana

18 December 2026 – Cannes, France

Each event will include a reading from the book, a book signing and time for questions from the audience. Further dates are planned for 2027 and will be announced once they are confirmed.

“Reading aloud in front of an audience is one of the oldest ways of sharing a story,” said Godspower Oshodin. “I am glad to take this book to readers in Africa and Europe, and to do it as part of the work we do at the Africa Literature Trust Fund to bring books and readers together.”

About Godspower Oshodin

Godspower Oshodin is a Nigerian writer and the founder of the Africa Literature Trust Fund. “Even the Devil Wears a Pretty Smile” is published by ALTF.

About the Africa Literature Trust Fund

The Africa Literature Trust Fund is a foundation based in Abuja, Nigeria, founded in 2013. It promotes reading, writing and language across Africa and publishes work by African writers. Writers can submit manuscripts through the organisation’s website at www.africaliteraturetrustfund.org.

Media Contact

Organization: Africa Literature Trust Fund

Contact Person: Godspower Oshodin

Website: http://www.africaliteraturetrustfund.org

Email:
greatpoet6@gmail.com

Contact Number: +2349094142307

Address: 8, Adebayo Adedeji Crescent, Utako

City: Abuja

State: FCT

Country: Nigeria

Release id: 50036

View source version on King Newswire:
Godspower Oshodin of Africa Literature Trust Fund Announces Book Tour in Kigali Accra and Cannes

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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.

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