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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

IDTraders Expands Globally and Registers International Distributed Trading Ltd in the United Kingdom

Published

6 hours ago

on

November 9, 2026

By

London, United Kingdom, November 9th, 2026, FinanceWire

Social trading platform IDTraders has registered International Distributed Trading Ltd in England and Wales to support its expansion into new regions, and is recruiting regional partners and country directors.

IDTraders, a social trading platform, has registered International Distributed Trading Ltd in England and Wales (company number 17528088) as part of its global expansion. The company now operates the platform at idtraders.com and serves as the base for its growth into new regions. Account registration is open to traders internationally, and the company is building local teams and partner networks in each region it enters.

“Registering in the United Kingdom gives IDTraders a clear base for its next stage of growth. We are building teams in each region we enter, led by people who know their own markets and speak their members’ language,” said a spokesperson for IDTraders.

Platform Operations and Features

Social trading allows a person to follow another trader and have that trader’s positions copied into their own account. On IDTraders, experienced traders known as master traders make their trading available to be copied. Each master trader’s profile shows a track record calculated from closed trades, including returns, drawdown, length of trading history and number of followers.

Members choose an amount to allocate to a master trader, and each trade is copied in proportion to that amount. Funds remain in each member’s own wallet, and master traders do not have access to them. Members can follow copied trades as they happen and end a copy at any time.

Risk limits set by members

Each copy carries limits chosen by the member. An auto-stop closes the copy if its equity falls by a percentage the member sets, and daily and total loss limits are also available. A stop-out system checks every open position every fifteen seconds.

Fees and settlement

Profit from copied trades is shared at settlement between the member, the master trader, the introducing network and the platform. Each master trader settles daily, weekly or monthly. No fee is charged on trades that close at a loss, and there are no deposit fees.

Regional hiring

IDTraders is recruiting people from each region it enters, including regional partners and country directors who will lead the company’s work in their own markets, build local partner networks and support members in their own languages. Open roles are listed on the careers page.

Partner network

IDTraders runs an introducing broker (IB) program, through which partners refer new members to the platform. The program has more than 450 approved partners, and the company is adding partners in South Asia and other regions. Applications are open on the partner page (https://idtraders.com/become-a-partner). Member support is offered in English, Bengali, Hindi, Urdu and Tagalog.

Live sessions

The company is planning to host twelve live webinar sessions each month in multiple languages, covering how social trading works and how to use the platform.

Platform features

The platform covers major and minor currency pairs, gold and silver, cryptocurrencies including Bitcoin and Ethereum, and US stock indices. Deposits and withdrawals are made in USDT on the BEP-20 and TRC-20 networks. Members also have live prices, an economic calendar and an in-portal guide called Kiro. With Investor View, a member can share a read-only link to their account, choosing what it shows and how long it stays valid. The platform is available on the web and through the IDT Social app for Android.

Account security

Each account is identity-verified before its first withdrawal, and a live face check is requested for certain withdrawals, such as those to a new wallet address or from a new device.

About IDTraders

IDTraders is a social trading platform on which members copy the trades of master traders into their own wallets. It is operated by International Distributed Trading Ltd, a private limited company registered in England and Wales (company number 17528088), with its registered office at 128 City Road, London EC1V 2NX, United Kingdom. More information is available at idtraders.com.

Contact

Ms
Liana Matule
IDTraders
support@idtraders.com

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Press Release

Scores24 Introduces Side-by-Side Review of Seven Bookmakers Serving Paraguay

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6 hours ago

on

November 9, 2026

By

New ranking examines payment methods, currency options, live coverage and verification steps for Paraguayan users

Scores24, a sports information and comparison company, has released a new comparison of bookmakers available to users in Paraguay. The study, verified in October 2026, reviews seven operators: 1xBet, Melbet, Betwinner, Bet365, 22bet, Megapari and Stake.

According to Scores24, conditions are not the same for every player in the country. The comparison applies one consistent framework to each operator, looking at company background and licensing, account currency, payment methods, live coverage and welcome bonus terms. Particular attention is given to whether users can operate in guaraníes (PYG), foreign currencies or cryptocurrencies.

Regulation in Paraguay

A central part of the release is the local regulatory picture. Scores24 explains that CONAJZAR, the national gaming authority, recognizes Daruma SAM, operating under the Aposta.la brand, as an authorized concessionaire. Under Law 7438/2025, a limited number of locally licensed operators may be authorized. The seven operators in the comparison hold licenses from other jurisdictions, including Curaçao, Gibraltar and Anjouan, and Scores24 stresses that these do not amount to CONAJZAR authorization in Paraguay.

Payments, Markets and Live Coverage

The sportsbook comparison shows that payment options differ noticeably between platforms. Some operators support local methods such as Banco Atlas, Bancard QR and bank transfer, while others rely mainly on cards, e-wallets and cryptocurrencies. Limits vary by method, so Scores24 advises users to confirm current values inside their account before depositing or requesting a withdrawal.

Football is the core of the sports offer, with common markets including match result, handicap, total goals, exact score, half-time/full-time, corners and cards. Availability of live streaming varies by operator and by sport, and the guide notes that some platforms stream a wider range of events than others.

Verification and Registration

The guide outlines a typical registration process and explains that operators may request Know Your Customer (KYC) identity verification before the first withdrawal. Requested items can include a Paraguayan identity card or passport, a selfie with the document, and personal details that match both the account and the owner of the payment method. For mobile access, all seven operators work from a phone browser, and Scores24 recommends that Android users download an APK file only from an operator’s official site.

“Our goal is to give Paraguayan readers a clear, side-by-side view of how these platforms work, including what their licenses do and do not mean locally,” a Scores24 spokesperson said.

Informational Purpose

The comparison is provided for information only. It does not predict sporting results or promise returns, and bonus terms and limits are best checked directly in each operator’s published conditions.

About Scores24

Scores24 is an independent source of sports data and operator comparisons. Its team reviews licensing, payment options and platform features so readers can evaluate providers on equal terms. Those researching the best sportsbook for Paraguay can find the full Scores24 Paraguay bookmaker comparison on the company’s website.
 

Media Contact

Organization: Scores24

Contact Person: Adele

Website: https://scores24.live

Email: adel@scores24.live

City: Tallinn

Country: Estonia

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Press Release

Scores24 Unveils Angola Sportsbook Ranking Built Around Local Payments, Support and Licensing

Published

6 hours ago

on

November 9, 2026

By

Exclusive list evaluates six operators on the factors that matter most to Angolan bettors

Scores24, an online platform that researches and compares betting operators, has published its ranking of bookmakers in Angola for October 2026. The ranking is meant to help local users choose platforms that fit how betting works in the country, from payment habits to customer support.

The ranking reviews six operators: Elephant Bet, Premier Bet, BantuBet, Melbet, Mobet and KwanzaBet. Each is assessed against the same criteria, including customer support, protection of funds and personal data, bonus terms, market variety, payment acceptance, mobile performance, Portuguese-language quality and withdrawal speed.

Built for the Angolan Market

Scores24 says the ranking reflects conditions specific to Angola. Multicaixa Express is central to everyday payments, and many bettors rely on vouchers bought at physical points instead of bank cards. Because mobile data can be costly and unreliable, lightweight websites and support through WhatsApp or Telegram carry extra weight. Football leads local interest, particularly European leagues and the Girabola, followed by basketball, MMA, boxing and esports.

The analysis also covers features suited to local habits, including SMS and USSD betting, booking codes that let users build a slip on a phone and settle it at a physical point, cash-out tools and Asian handicap markets.

Licensing and Operator Types

The ranking separates locally authorized brands from international platforms. Local operators work under the supervision of the Gaming Supervision Institute (ISJ), accept kwanzas and often maintain physical service points. International platforms may offer wider event coverage but typically rely on cryptocurrencies or e-wallets because of exchange-control limits. Scores24 notes that licensing is being modernized and that a transitional regime currently lets established brands operate while permanent procedures are completed.

Bonuses and Promotions

For this sportsbook ranking, Scores24 also reviews the promotional formats on offer, such as first-deposit bonuses and free bets after a losing wager. Rather than focusing on headline offers, the ranking explains rollover, deadlines and conditions of use. A separate bonus guide covers these terms in more detail.

“Bettors in Angola deserve a comparison grounded in local realities, not generic checklists,” a Scores24 representative said. “We want readers to see how each platform handles payments, support and regulation before they register.”

Independent and Informational

Scores24 states that the ranking is for information only. It does not predict sporting results or promise returns, and users are encouraged to confirm each operator’s current terms and licensing status before opening an account.

About Scores24

Scores24 researches and compares betting operators across multiple markets, publishing structured reviews that cover licensing, payments, bonuses and platform quality. Readers seeking trusted sportsbook options in Angola can read the full Scores24 Angola bookmaker ranking on the company’s website.

Media Contact

Organization: Scores24

Contact Person: Adele

Website: https://scores24.live

Email: adel@scores24.live

City: Tallinn

Country: Estonia

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.

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