Connect with us

Press Release

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.

About Author

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.

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.

Related Topics:
Continue Reading

Press Release

Cricbet99 Brings a New Level of Digital Cricket Engagement Ahead of the IPL Season

Published

50 minutes ago

on

March 17, 2026

By

Cricbet99 has emerged as a platform designed to meet the needs of modern cricket followers. Built with a focus on simplicity and accessibility, the platform allows users to explore cricket engagement opportunities while staying connected to live match developments.

Delhi, India- As the excitement surrounding the upcoming Indian Premier League season continues to build, cricket fans across India and worldwide are preparing for one of the most anticipated sporting events of the year. The IPL is not just a cricket tournament; it is a celebration of the sport, bringing together international superstars, passionate fans, and thrilling matches that keep audiences engaged from the first ball to the final over.

With millions of viewers following every match closely, the demand for interactive cricket platforms has grown significantly. Modern cricket fans want more than simply watching matches—they want to stay involved in the game, analyze performances, and follow every key moment with greater excitement. This is where platforms like Cricbet99 are gaining attention among cricket enthusiasts.

The Rise of Interactive Cricket Platforms

Over the past few years, online cricket engagement platforms have experienced rapid growth, especially during major tournaments such as the IPL. Fans are increasingly looking for digital spaces where they can track match statistics, predict outcomes, and participate in cricket-related activities that enhance their overall viewing experience.

Cricbet99 has emerged as a platform designed to meet the needs of modern cricket followers. Built with a focus on simplicity and accessibility, the platform allows users to explore cricket engagement opportunities while staying connected to live match developments.

As IPL matches unfold with intense rivalries and high-scoring encounters, platforms like cricbet99 allow users to remain actively involved in the tournament. This deeper level of engagement has made online cricket platforms a growing trend among sports enthusiasts.

Why IPL Season Drives Massive Online Activity

The IPL has become one of the most watched sporting leagues in the world, attracting global audiences and generating massive online discussions. Each team features a combination of international stars and emerging Indian talent, creating a unique blend of competition and entertainment.

For fans who enjoy analyzing team strategies, predicting match outcomes, and following live developments, the IPL season offers endless excitement. This is why platforms like cricbet99 witness a surge in interest during the tournament period.

From opening matches to playoffs and the grand final, every game delivers dramatic moments that keep fans engaged. The fast-paced T20 format means that momentum can change in a matter of overs, making each match unpredictable and thrilling.

Designed for Today’s Digital Cricket Audience

One of the key reasons cricbet99 is gaining popularity is its focus on providing a smooth and user-friendly experience. The platform is built to ensure that cricket fans can easily access features, track matches, and stay updated throughout the tournament.

Creating a cricbet99 ID allows users to explore the platform’s cricket-focused ecosystem and stay connected with match developments in real time. With mobile-friendly access and intuitive navigation, the platform aims to provide convenience for cricket enthusiasts who follow matches on the go.

The Future of Cricket Engagement

As cricket continues to evolve in the digital age, fan engagement is also transforming. Online platforms are playing a growing role in how fans interact with the sport, offering new ways to stay connected beyond traditional match viewing.

With another thrilling IPL season on the horizon, cricbet99 is positioning itself as a platform where cricket fans can amplify their excitement, follow match dynamics closely, and experience the game in a more interactive way.

Company Information

Company: Cricbet99

Contact Person: Rohan

Email: marketing@lotus365.travel

Website: https://www.cricbet99.cool/

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency, Casino investments carry risk, including total loss of capital. All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.

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

Press Release

Blockchain Forum 2026: Top Reasons to Attend in Moscow, 14–15 April

Published

1 hour ago

on

March 17, 2026

By

On 14–15 April 2026, Moscow will host Blockchain Forum 2026 — the largest crypto and Web3 event in the CIS, annually bringing together leaders of the digital economy. In recent years, the forum has become the region’s key platform where representatives of the crypto industry, the banking sector, investment funds, and technology companies convene.

More than a Conference — a Market Infrastructure Hub
Blockchain Forum is not merely a conference; it serves as an infrastructural hub for the market. Here, strategic directions for the development of digital assets are discussed, partnerships are forged, and projects shaping the industry agenda are launched.

Scale and Market Concentration
In 2026, the forum will gather over 20,000 participants from 100+ countries, 250 exhibiting companies, and 200+ exclusive speakers, many appearing in Russia for the first time. This creates a unique concentration of expertise, capital, and technology on a single platform.

Participants include investors, venture funds, banks, crypto exchanges, Web3 startups, and infrastructure companies. This combination makes the forum a space for direct dialogue between developers, businesses, and capital.

200+ Exclusive Speakers
The forum programme features presentations by leaders of crypto platforms, heads of investment funds, experts in digital asset regulation, and representatives of the technology sector. Many of the speakers rarely appear in the region, making the forum a significant opportunity to obtain first-hand information and engage directly.

Exhibition and Practical Case Studies
The exhibition area will bring together 250 leading crypto companies, showcasing infrastructure solutions, new products, and services. Participants will not only hear about trends on stage but also see technologies in action — from top projects to direct interaction with founders and teams.

AI Future Forum: The Synergy of AI and Web3
A dedicated section of the programme will be the AI Future Forum, a specialised platform focused on integrating artificial intelligence with blockchain technologies. The synergy between AI and Web3 is regarded by the market as one of the key vectors for the development of the digital economy in the coming years.

Networking as a Strategic Tool
Blockchain Forum is traditionally viewed by participants as a venue for strategic networking. Beyond the stages, negotiations take place, partnerships are formed, and investment decisions are discussed. The event format allows attendees to gain in two days a volume of contacts and practical insights that would otherwise require months of work.

Official Afterparty: L’One
The official afterparty will feature L’One, one of the brightest performers on the Russian stage. His live performance will serve as the forum’s climax, bringing participants together in an atmosphere of a large-scale show and premium networking. The afterparty traditionally continues the business programme in a more informal setting.

Blockchain Forum 2026 combines a business environment, a technological agenda, and an investment concentration, creating a space for decisions that shape the development of the market.

Tickets are available on the official website. Using the promo code blockman at purchase grants a 10% discount.

More details: https://blockchain.forum/ru/

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital. All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing. Digitaljournal.com does not take responsibility of the content published here.

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

Press Release

Sris Sinnathamby Launches Free 15-Minute Long-Term Thinking Checklist

Published

3 hours ago

on

March 17, 2026

By

Los Angeles, USA, 17th March 2026, ZEX PR WIRE — Sris Sinnathamby, a Los Angeles–based Real Estate Developer and Investor with more than 30 years of experience, has released a free resource designed to help everyday individuals apply long-term thinking to major life and property decisions.

The new “15-Minute Long-Term Thinking Checklist” is a practical self-audit tool built around the same principles that have guided his career through market cycles, capital constraints, and economic downturns.

“I define success as building things that last while staying aligned with my values and commitments,” Sinnathamby said. “It’s about long-term impact, not short-term wins.”

The checklist encourages individuals to pause, assess fundamentals, and evaluate sustainability before making major financial commitments.

Why This Matters Right Now

The financial pressure on households continues to grow:

  • Housing costs account for about 30% of the average U.S. household budget.

  • More than 40% of renters are considered cost-burdened, spending over 30% of income on housing.

  • U.S. household debt has surpassed $17 trillion.

  • Nearly 60% of Americans say they live paycheque to paycheque.

Sinnathamby believes many financial setbacks stem from weak fundamentals and emotional decision-making.

“The 2008 financial crisis taught me that cash flow is paramount and always think long-term,” he said. “If the fundamentals are not strong, growth won’t be sustainable.”

The checklist reflects his disciplined, operator mindset.

“I regularly review progress, adjust based on real data, and stay focused on what actually moves the needle,” he said.

What’s Inside the Checklist

The guide walks users through five simple categories:

  • Cash flow clarity

  • Long-term alignment

  • Stress testing assumptions

  • Operational reality

  • Decision discipline

“Sustainable results matter more to me than short-term recognition,” Sinnathamby said.

Use This in 15 Minutes

  1. Set a timer for 15 minutes.

  2. Write down your monthly fixed and variable costs.

  3. Identify one financial assumption you are making.

  4. Stress-test it. What happens if income shifts or costs rise?

  5. Adjust your decision timeline if needed.

Common Mistakes People Make

  • Focusing on price, not total cost.

  • Ignoring cash flow risk.

  • Rushing decisions due to market hype.

  • Expanding commitments without a buffer.

Sinnathamby believes discipline reduces regret.

“Consistent routines and focusing on controllable actions help me move forward even when outcomes feel uncertain,” he said.

Call to Action

The 15-Minute Long-Term Thinking Checklist is available as a free download at srissinnathamby.com. Readers are encouraged to use it before signing a lease, purchasing property, or making any large financial commitment. Take 15 minutes today. Complete the checklist. Identify one risk. Strengthen one decision.

Small, disciplined actions now can prevent major setbacks later.

To read the full interview, visit the website here.

About Sris Sinnathamby

Sris Sinnathamby is a Los Angeles–based Real Estate Developer and Investor with more than three decades of experience across Southern California. He focuses on disciplined execution, long-term thinking, and sustainable property operations designed to stand the test of time.

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

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us