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.
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.
Four reusable devices recognised by two international juries for refined industrial design
United States, 29th May 2026, – Global vape brand ELFBAR said today that four products in its reusable pod system lineup have been honoured by the German Design Award and the International CMF Design Awards. The recognised devices are the ELFX Mini, ELFX 2, ELFA Master Stein and the ELFA pod system.
The German Design Award, organised by the German Design Council, named the ELFX Mini and the ELFA Master Stein as 2026 winners. The International CMF Design Awards, which evaluates excellence in colour, material and finish, recognised the ELFA Master Stein and the ELFX 2. ELFA Master Stein and ELFX Mini are now available in Germany.
The awarded lineup
The four products sit at the centre of ELFBAR’s reusable portfolio for adult smokers and ex-smokers looking for an alternative to combustible tobacco. The range spans compact entry devices through to the ELFX 2, which goes on sale in Germany in June 2026.
Each device shares a restrained visual language. Casing materials are selected for grip and longevity. Colour palettes are subdued. Branding is kept small. The shapes are contoured for one-handed use, and the surface finishes are tuned to feel calm in the hand. The ELFA Master Stein, named after the stein vessels of European drinking culture, uses a textured casing that references the heritage of stoneware and glass.
On the design approach
“Good design should feel confident, not loud,” said Becky Liu, Head of Industrial Design at ELFBAR. “With ELFX and ELFA, we focus on a clean-cut form, precision, and a calm material touch-feel to bring an elegant and intuitive user experience.”
The recognition follows a multi-year effort inside ELFBAR’s industrial design studio to move the brand’s product language away from the bright, single-use silhouettes that defined the early years of the vaping category. The company has been steadily replacing those formats in its lineup with longer-lived devices intended to look and feel more like other categories of mature consumer hardware.
Engineering details
Beyond the look of each device, the awarded products share a set of practical features that ELFBAR describes as central to its reusable design approach.
Pods are secured magnetically and click into place without alignment fuss. E-liquid levels are visible through windows on the casing, making refill timing intuitive. Status displays communicate battery and pod information at a glance. Airflow and power settings are adjustable on the relevant models, allowing users to shape the draw to their preference. Modular construction lets pods and cartridges be replaced rather than discarded, extending the useful life of each device.
For the ELFX 2 specifically, the upcoming launch introduces the new ELFX POD 2.0 cartridge generation. The generation adds a child lock, an upgraded airway designed for richer flavour, and a 5A leakproof system intended to keep e-liquid contained under everyday pocket and travel use.
The German context
The design recognition lands in ELFBAR’s largest European market. According to internal data, the brand leads the German pod system category with about 60 percent market share. Prefilled and refillable products — including the ELFX and ELFA pod systems and the ELFLIQ e-liquid range — now account for around 80 percent of the company’s shipments to Germany. Single-use formats, once a defining part of the category, no longer drive the brand’s German business.
European regulators have meanwhile sharpened their focus on disposable vapes and on packaging waste. Brands that can demonstrate genuine reusability, supported by replaceable components and durable design, are increasingly being separated from those that cannot. The awarded ELFX and ELFA products are positioned within that shift.
What comes next
ELFBAR said it plans to introduce the award-winning ELFX and ELFA designs to other European markets in due course, with the ELFX 2 leading the next wave from Germany in June 2026. Specific dates, pricing and channel availability will be confirmed market by market.
— ENDS —
About ELFBAR
ELFBAR is a pioneer in the global vaping industry. Since its inception in 2018, it has been providing a distinct and diverse vaping experience with innovation at its core. ELFBAR stays committed to youth access prevention and sustainable growth as a leading brand favoured and used by tens of millions of adult smokers and ex-smokers worldwide as an alternative to smoking. For more information, please visit elfbar.de.
Media Contact
Organization: HG INNOVATION LIMITED
Contact
Person: Michael Chen
Website:
https://www.elfbar.de/
Email:
marketing@elfbar.de
Country:United States
The post
ELFBAR’s ELFX and ELFA Pod Systems Win German Design Award and CMF Design Awards appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.
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.
United States, 29th May 2026, – The Evolution of Living in Style Arrives at the Crossroads of the World
NEW YORK, May 2026 — Global furniture brand OVIOS officially unveiled its latest collaborative masterpiece, AERO EVO, created together with Studio F. A. Porsche, on the iconic Nasdaq Tower in New York’s Times Square. The appearance marks a milestone moment for OVIOS as the brand continues to bring elevated contemporary living experiences to a global audience.
Displayed across one of the world’s most recognizable digital landmarks, AERO EVO represents far more than a furniture launch. It symbolizes the convergence of modern luxury living, aerodynamic artistry, and German precision engineering — all expressed through a new generation of sculptural furniture design.
Inspired by the concept “The Shape of Air,” AERO EVO was designed around the invisible flow of movement and fluid dynamics. Every curve, contour, and proportion reflects a philosophy of purity and functional elegance. The result is a seating experience that feels simultaneously futuristic, calming, and deeply human.
“The collaboration between OVIOS and Studio F. A. Porsche is not simply about creating furniture,” said the OVIOS design team. “It is about engineering a new lifestyle language — one where comfort, precision, and emotional design coexist seamlessly.”
At the core of the collaboration lies the shared vision of “The Evolution of Style.” OVIOS brings its signature philosophy of Living in Style together with the uncompromising functional aesthetics of Studio F. A. Porsche, creating a collection that transcends conventional home furnishing.
The AERO EVO collection will be strictly limited to 919 pieces worldwide, with each piece individually serialized and accompanied by a certificate of authenticity. The number “919” represents the relentless pursuit of refinement, symbolizing hundreds of iterations dedicated to achieving aesthetic and structural perfection.
“A single silhouette, redefined 919 times,” the campaign states. “Because Living in Style is not a destination, but a relentless pursuit of perfect balance.”
The Nasdaq debut also reflects OVIOS’s accelerating international growth and increasing influence in the premium home furnishings category. Known for blending accessible luxury with modern functionality, the brand has built a strong following across North America through its indoor and outdoor furniture collections.
With AERO EVO, OVIOS enters a new chapter — one that pushes beyond traditional furniture design and into the realm of emotional architecture, immersive living, and timeless modern aesthetics.
For more information, visit OVIOS Official Websitehttps://www.ovios-home.com/”Visit OVIOS official website for premium modern furniture collections”
Media Contact
Organization: ALWAYS OUTDOOR FURNITURE CO.,LTD.
Contact
Person: OVIOS
Website:
https://www.ovios-home.com/
Email:
support@ovios-furniture.com
Contact Number: 13234431788
Country:United States
The post
OVIOS x Studio F. A. Porsche Debuts AERO EVO on the Nasdaq Tower in Times Square appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.
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.
Four reusable devices recognised by two international juries for refined industrial design
United States, 29th May 2026, – Global vape brand ELFBAR said today that four products in its reusable pod system lineup have been honoured by the German Design Award and the International CMF Design Awards. The recognised devices are the ELFX Mini, ELFX 2, ELFA Master Stein and the ELFA pod system.
The German Design Award, organised by the German Design Council, named the ELFX Mini and the ELFA Master Stein as 2026 winners. The International CMF Design Awards, which evaluates excellence in colour, material and finish, recognised the ELFA Master Stein and the ELFX 2. ELFA Master Stein and ELFX Mini are now available in Germany.
The awarded lineup
The four products sit at the centre of ELFBAR’s reusable portfolio for adult smokers and ex-smokers looking for an alternative to combustible tobacco. The range spans compact entry devices through to the ELFX 2, which goes on sale in Germany in June 2026.
Each device shares a restrained visual language. Casing materials are selected for grip and longevity. Colour palettes are subdued. Branding is kept small. The shapes are contoured for one-handed use, and the surface finishes are tuned to feel calm in the hand. The ELFA Master Stein, named after the stein vessels of European drinking culture, uses a textured casing that references the heritage of stoneware and glass.
On the design approach
“Good design should feel confident, not loud,” said Becky Liu, Head of Industrial Design at ELFBAR. “With ELFX and ELFA, we focus on a clean-cut form, precision, and a calm material touch-feel to bring an elegant and intuitive user experience.”
The recognition follows a multi-year effort inside ELFBAR’s industrial design studio to move the brand’s product language away from the bright, single-use silhouettes that defined the early years of the vaping category. The company has been steadily replacing those formats in its lineup with longer-lived devices intended to look and feel more like other categories of mature consumer hardware.
Engineering details
Beyond the look of each device, the awarded products share a set of practical features that ELFBAR describes as central to its reusable design approach.
Pods are secured magnetically and click into place without alignment fuss. E-liquid levels are visible through windows on the casing, making refill timing intuitive. Status displays communicate battery and pod information at a glance. Airflow and power settings are adjustable on the relevant models, allowing users to shape the draw to their preference. Modular construction lets pods and cartridges be replaced rather than discarded, extending the useful life of each device.
For the ELFX 2 specifically, the upcoming launch introduces the new ELFX POD 2.0 cartridge generation. The generation adds a child lock, an upgraded airway designed for richer flavour, and a 5A leakproof system intended to keep e-liquid contained under everyday pocket and travel use.
The German context
The design recognition lands in ELFBAR’s largest European market. According to internal data, the brand leads the German pod system category with about 60 percent market share. Prefilled and refillable products — including the ELFX and ELFA pod systems and the ELFLIQ e-liquid range — now account for around 80 percent of the company’s shipments to Germany. Single-use formats, once a defining part of the category, no longer drive the brand’s German business.
European regulators have meanwhile sharpened their focus on disposable vapes and on packaging waste. Brands that can demonstrate genuine reusability, supported by replaceable components and durable design, are increasingly being separated from those that cannot. The awarded ELFX and ELFA products are positioned within that shift.
What comes next
ELFBAR said it plans to introduce the award-winning ELFX and ELFA designs to other European markets in due course, with the ELFX 2 leading the next wave from Germany in June 2026. Specific dates, pricing and channel availability will be confirmed market by market.
— ENDS —
About ELFBAR
ELFBAR is a pioneer in the global vaping industry. Since its inception in 2018, it has been providing a distinct and diverse vaping experience with innovation at its core. ELFBAR stays committed to youth access prevention and sustainable growth as a leading brand favoured and used by tens of millions of adult smokers and ex-smokers worldwide as an alternative to smoking. For more information, please visit elfbar.de.
Media Contact
Organization: HG INNOVATION LIMITED
Contact
Person: Michael Chen
Website:
https://www.elfbar.de/
Email:
marketing@elfbar.de
Country:United States
The post
ELFBAR’s ELFX and ELFA Pod Systems Win German Design Award and CMF Design Awards appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.
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.
ELFBAR’s ELFX and ELFA Pod Systems Win German Design Award and CMF Design Awards
OVIOS x Studio F. A. Porsche Debuts AERO EVO on the Nasdaq Tower in Times Square
ELFBAR’s ELFX and ELFA Pod Systems Win German Design Award and CMF Design Awards
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