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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

on

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

From Emergency Removals to Routine Trimming, David Kennedy Tree and Landscaping Is Culpeper, VA’s Local Answer

Published

11 minutes ago

on

April 22, 2026

By

Trees don’t fail on a schedule. In Culpeper, VA, storm damage and overgrown branches put families and homes at risk every single season. David Kennedy Tree & Landscaping has addressed that problem since 2009.

Culpeper, VA 22701, United States, 22nd Apr 2026 – Homeowners across Northern and Central Virginia deal with a lot. Humid summers bring fungal disease, while winter ice storms snap limbs and bring trees down on roofs. Years of neglect turn healthy trees into serious hazards. David Kennedy Tree & Landscaping was built to solve exactly these problems. The company serves residential properties of all sizes and steps in, whether the situation is urgent or routine.

David Kennedy Tree & Landscaping is a fully licensed and insured tree service company serving all of Northern and Central Virginia, including the Culpeper area. Their services include tree removal, trimming, land clearing, stump grinding, emergency response, and ongoing tree care. The tree care professionals on the team bring over 25 years of field experience to every job. The business is family-owned and locally operated. Free same-day estimates are available, and most projects are completed within the same week. Every job is backed by a 100% satisfaction guarantee, and no project is considered too large to take on.

“This community is where we live, where our kids go to school, and where we do business. When a storm hits a neighbor’s property, we feel that. It is not just a job for us. We show up because these are our people, and they deserve someone they can count on,” shares a senior member of the team.

More Information Available at https://dktreeandlandscaping.net/ 

The company has earned consistent five-star ratings on Google and Yelp. That track record speaks to years of honest work done right for Culpeper-area homeowners. Residents across Culpeper trust the company because the results are consistent. Many local homeowners have properties worth $400,000 or more. They need a contractor who shows up, does the job right, and leaves the yard clean. The team responds quickly. For emergencies, the crew is available around the clock. That availability matters in a region where storms can cause serious tree damage overnight. 

About David Kennedy Tree & Landscaping 

Founded in 2009, David Kennedy Tree & Landscaping is a family-owned and locally operated tree service company with decades of experience. The business serves Northern and Central Virginia with tree removal, trimming, land clearing, stump grinding, emergency response, and ongoing tree care. 

Media Contact

Organization: David Kennedy Tree & Landscaping

Contact Person: David Kennedy

Website: https://dktreeandlandscaping.net/

Email: Send Email

Contact Number: +15402728669

Address:848 Leon Rd

City: Culpeper

State: VA 22701

Country:United States

Release id:44240

The post From Emergency Removals to Routine Trimming, David Kennedy Tree and Landscaping Is Culpeper, VA’s Local Answer 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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Press Release

Teslong Partners with NASCAR Star Patrick Emerling, Debuts Innovative Tire Inflator at Talladega

Published

11 minutes ago

on

April 22, 2026

By

Irvine, CA, United States, 22nd Apr 2026 – As one of motorsports’ most anticipated weekends kicks into high gear, Teslong, a leading innovator in professional inspection and diagnostic tools for the automotive and industrial sectors, is proud to announce a multi-race partnership with NASCAR driver Patrick Emerling. The collaboration will feature the Teslong brand prominently across the O’Reilly Auto Parts Series (NOAPS) and NASCAR Craftsman Truck Series (NCTS), beginning with this weekend’s spring showdown at Talladega Superspeedway—a legendary venue synonymous with NASCAR’s raw speed and passionate fanbase.

Teslong is proud to announce a multi-race partnership with NASCAR driver Patrick Emerling.

NASCAR, founded in 1948, is the premier motorsports property in North America, boasting over 150 million annual viewers across 150 countries, iconic oval tracks, and a culture deeply rooted in American automotive heritage. The O’Reilly Auto Parts Series and Craftsman Truck Series are cornerstones of this ecosystem, showcasing elite drivers, cutting-edge race technology, and uncompromising performance—values that align perfectly with Teslong’s legacy of engineering precision and reliability.

A Legacy of Innovation Meets Motorsports Excellence

For over 15 years, Teslong has been trusted by professionals worldwide to solve complex problems with innovative, high-quality tools. From industrial endoscopes and otoscopes to advanced thermal imaging cameras and rifle borescopes, the company’s product lineup is engineered to deliver accuracy, durability, and performance in the most demanding environments. Teslong’s team of over 40 engineers, designers, and developers at its global R&D center, coupled with state-of-the-art assembly lines, ensures that every product meets the rigorous standards of HVAC specialists, construction workers, automotive technicians, mechanics, gunsmiths, military veterans, and law enforcement professionals—experts who demand nothing short of excellence.

“We are thrilled to deepen our presence in motorsports and partner with a proven competitor like Patrick Emerling,” said James Sun, CEO of Teslong. “NASCAR represents the ultimate stage to showcase our commitment to precision and performance—qualities that define every Teslong product. This partnership allows us to connect with automotive enthusiasts and professionals who share our passion for innovation and reliability.”

On-Track Debut: The All-New 22mm Dual-Cylinder Automotive Tire Inflator

True to its mission of solving real-world problems, Teslong is making its on-track debut at Talladega Superspeedway with the all-new 22mm Dual-Cylinder Automotive Tire Inflator—a flagship product designed to redefine performance and portability in tire inflation technology. This innovative tool represents Teslong’s expansion into the power tool category, building on the company’s reputation for precision engineering while delivering practical solutions for automotive professionals and enthusiasts.

Key features include:

  • True Dual-Cylinder Power: Delivers 40 L/min airflow, inflating tires from 30–35 PSI (225/65R17) in just 44 seconds—twice as fast as single-cylinder alternatives
  • 150 PSI Maximum Pressure: Versatile enough to handle passenger vehicles, motorcycles, bicycles, sports equipment, and more
  • Removable 20V Battery System: Lightweight, portable design with 45W Type-C fast charging capability (30-minute full charge) and emergency phone-charging function
  • Universal Battery Ecosystem: Compatible with Teslong’s expanding line of power tools, including leaf blowers, multi-tools, and screwdrivers—reducing waste and maximizing value for users

“I’m really excited to partner with Teslong,” said Patrick Emerling. “My modified team has been using their products—specifically the borescopes and thermal cameras—this season and we’ve been very impressed with them. We’re looking forward to the release of their new power tool line.”

Lightweight, portable design with 45W Type-C fast charging capability (30-minute full charge) and emergency phone-charging function

Strategic Partnership Delivers Maximum Brand Visibility

As the official partner of Patrick Emerling’s NOAPS and NCTS campaigns, Teslong will gain prime brand visibility through racecar logo representation, in-race broadcast exposure, and integrated media coverage—ensuring the company’s logo and messaging reach millions of motorsports fans across the United States and globally. Beyond the track, the collaboration will feature co-branded content, social media engagement, and behind-the-scenes insights into how Teslong tools power performance both on and off the track.

“NASCAR is more than a race—it’s a community of automotive enthusiasts who value quality, innovation, and hard work,” added Sun. “Our presence here is about more than sponsorship; it’s about building lasting connections with fans and professionals who trust Teslong to deliver the tools they need to get the job done right.”

Looking Ahead: Expanding the Automotive Portfolio

Looking ahead to 2026 and beyond, Teslong plans to expand its automotive product lineup with additional professional-grade tools designed to meet the evolving needs of technicians, DIY enthusiasts, and motorsports fans. The company’s entry into the power tool category represents a strategic evolution, complementing its trusted inspection and diagnostic tools with practical, performance-driven solutions that empower users from diagnosis to application.

About Teslong

Teslong is a global leader in the design, manufacturing, and distribution of high-precision inspection and diagnostic tools. Since 2010, the company’s product portfolio has included industrial endoscopes, otoscopes, thermal imaging cameras, borescopes, and now, innovative power tools like the 22mm Dual-Cylinder Tire Inflator. With a global R&D team and state-of-the-art production facilities, Teslong serves professionals across automotive, HVAC, construction, law enforcement, and outdoor recreation industries, delivering reliable, innovative solutions trusted by experts worldwide.

Universal Battery Ecosystem: Compatible with Teslong's expanding line of power tools, including leaf blowers, multi-tools, and screwdrivers—reducing waste and maximizing value for users

For more information,  check out the Teslong Amazon shop: https://cutt.ly/4tJp8JCZ  or visit: https://cutt.ly/MtJp5gzj

Media Contact

Organization: Teslong

Contact Person: Tina Hou

Website: https://teslong.com

Email: Send Email

City: Irvine

State: CA

Country:United States

Release id:44194

The post Teslong Partners with NASCAR Star Patrick Emerling, Debuts Innovative Tire Inflator at Talladega 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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Press Release

From Emergency Removals to Routine Trimming, David Kennedy Tree and Landscaping Is Culpeper, VA’s Local Answer

Published

11 minutes ago

on

April 22, 2026

By

Trees don’t fail on a schedule. In Culpeper, VA, storm damage and overgrown branches put families and homes at risk every single season. David Kennedy Tree & Landscaping has addressed that problem since 2009.

Culpeper, VA 22701, United States, 22nd Apr 2026 – Homeowners across Northern and Central Virginia deal with a lot. Humid summers bring fungal disease, while winter ice storms snap limbs and bring trees down on roofs. Years of neglect turn healthy trees into serious hazards. David Kennedy Tree & Landscaping was built to solve exactly these problems. The company serves residential properties of all sizes and steps in, whether the situation is urgent or routine.

David Kennedy Tree & Landscaping is a fully licensed and insured tree service company serving all of Northern and Central Virginia, including the Culpeper area. Their services include tree removal, trimming, land clearing, stump grinding, emergency response, and ongoing tree care. The tree care professionals on the team bring over 25 years of field experience to every job. The business is family-owned and locally operated. Free same-day estimates are available, and most projects are completed within the same week. Every job is backed by a 100% satisfaction guarantee, and no project is considered too large to take on.

“This community is where we live, where our kids go to school, and where we do business. When a storm hits a neighbor’s property, we feel that. It is not just a job for us. We show up because these are our people, and they deserve someone they can count on,” shares a senior member of the team.

More Information Available at https://dktreeandlandscaping.net/ 

The company has earned consistent five-star ratings on Google and Yelp. That track record speaks to years of honest work done right for Culpeper-area homeowners. Residents across Culpeper trust the company because the results are consistent. Many local homeowners have properties worth $400,000 or more. They need a contractor who shows up, does the job right, and leaves the yard clean. The team responds quickly. For emergencies, the crew is available around the clock. That availability matters in a region where storms can cause serious tree damage overnight. 

About David Kennedy Tree & Landscaping 

Founded in 2009, David Kennedy Tree & Landscaping is a family-owned and locally operated tree service company with decades of experience. The business serves Northern and Central Virginia with tree removal, trimming, land clearing, stump grinding, emergency response, and ongoing tree care. 

Media Contact

Organization: David Kennedy Tree & Landscaping

Contact Person: David Kennedy

Website: https://dktreeandlandscaping.net/

Email: Send Email

Contact Number: +15402728669

Address:848 Leon Rd

City: Culpeper

State: VA 22701

Country:United States

Release id:44240

The post From Emergency Removals to Routine Trimming, David Kennedy Tree and Landscaping Is Culpeper, VA’s Local Answer 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

file

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.

Continue Reading

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