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.
Press Release
Facility Network CEO Honoured with 2026 Connex Foundation Distinguished Charitable Service Award
Canada, 3rd Jun 2026 – Facility Network is proud to announce that its Chief Executive Officer, Cindy Collette, has been recognized as a recipient of the 2026 Connex Foundation Distinguished Charitable Service Award.

Presented by the Connex Foundation, the Distinguished Charitable Service Award recognizes individuals who demonstrate exceptional dedication to charitable initiatives, community involvement, and service leadership. Cindy’s selection reflects her longstanding commitment to making a meaningful difference in the communities where Facility Network operates.
Throughout her career, Cindy has championed a culture of service, encouraging both personal and corporate involvement in charitable causes. Her leadership has helped foster a strong sense of community responsibility across Facility Network, inspiring employees, partners, and stakeholders to contribute their time, resources, and expertise to support those in need.
“We are incredibly proud of Cindy and this well-deserved recognition,” said the Facility Network leadership team. “Her unwavering commitment to service, leadership, and community impact exemplifies the values that define our organization. Cindy leads with both heart and purpose, and we are honoured to work alongside her every day.”
As a national provider of facility maintenance, repair, and project services, Facility Network believes that strong businesses have a responsibility to strengthen the communities they serve. Cindy’s leadership continues to reinforce that commitment through meaningful charitable engagement and community-focused initiatives.
The award is particularly significant as part of the Connex Foundation’s 10th anniversary celebration, recognizing individuals whose contributions have created lasting positive impacts within their communities and the industries they serve.
Facility Network extends its sincere congratulations to Cindy on this outstanding achievement and thanks her for the leadership, compassion, and dedication she brings to the organization every day.
About Facility Network
Facility Network is Canada’s hybrid facility service network, delivering maintenance, repair, and project services through a combination of self-performing technicians and trusted vendor partners. Serving multi-site organizations across Canada, Facility Network provides responsive, scalable solutions that help clients maintain and enhance their facilities nationwide.
Media Contact:
Ryan McLaughlin
Facility Network
info@facilitynetwork.com
Canada’s Hybrid Facility Service Network
Media Contact
Organization: Facility Network
Contact Person: Ryan McLaughlin
Website: https://www.facilitynetwork.com/
Email: Send Email
Country:Canada
Release id:45663
The post Facility Network CEO Honoured with 2026 Connex Foundation Distinguished Charitable Service Award 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
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.
Press Release
Global Appliance Market Evolves as IAIE Expands Smart Pressure Cooker Solutions
China, 3rd Jun 2026 – Kitchen appliances are evolving. High demand for rapid cooking appliances is met with a huge gap for multi-function appliances that cater to desert, vegan, gluten-free needs. This is particularly true for novice vegan and gluten-free consumers and businesses. Meanwhile, commercial bulk buyers deal with quality and safety inconsistencies.

IAIE, a premium manufacturing partner for smart pressure cookers, today announced its strategic response to these market pains. With over 50 plastic injection machines and more than 500 appliance molds, IAIE is redefining what buyers expect from a Commercial Pressure Cooker, a Pressure Cooker for Beginners, and a Pressure Cooker for Vegan Meals.
The Industry Pain Points
For years, the market has been fragmented. Restaurants and catering businesses need durable Electric Pressure Cooker for Businesses units that withstand daily heavy use. Home cooks are often pressured by the more traditional models of pressure cookers. Celiac and gluten-sensitive individuals are more likely to struggle finding a Pressure Cooker for Gluten-Free Recipes. Multi-function cookers can be better for vegans as they can prepare beans, grains, and vegetables without any burning.
Until now, wholesalers searching for Bulk IAIE Pressure Cooker Wholesale will face long lead times and inconsistent certifications, and poor support. It is a concern when lower priced suppliers skimp on Quality Assurance testing.
IAIE Solves These Problems
Precision engineering and strict QA are priority concerns for IAIE. IAIE’s Electric Pressure Cooker for Business models are ideal for seamless usage, as they feature an inner pot, a stable pressure system, and 100% functional testing at the time of shipment. All of these models are pressurized and sealed to ensure they perform without leaking or failing.
Your first experience with pressure cooking is easier with IAIE’s ready-to-use Pressure Cooker for Beginners models. These models have large dials and displays, as well as a one touch release. This low tech pressure system encourages beginner usage in order to limit the learning curve and mistakes often made around over and improper use.

IAIE’s Pressure Cooker for Vegan Meals is designed for the purpose of cooking legumes, grains, and root vegetables. This option is one of many that employs even heat distribution, and seals cooking to lock in the nutrients for the purpose of plant-forward cooking.
Easy to use, with minimal cross contact risk, IAIE’s Pressure Cooker for Gluten-Free Recipes employs a separate sealing system combined with a stainless steel pot. This option is particularly practical for the gluten-sensitive.
IAIE & Wholesale Excellence
IAIE recognises the needs of those in global distribution for reliability. With the Bulk Pressure Cooker Wholesale programs, IAIE partners can expect tailored designs, packaging, and speedy delivery. All products meet CE, CB, RoHS, UL, and ETL certifications. An in-process inspection checks every PCB, sensor, and exterior part before assembly.
“Safety is our top priority,” said an IAIE spokesperson. “We perform 100% comprehensive testing on all Commercial Pressure Cooker units. Only leak-proof, high-quality appliances leave our factory.”
Market Growth and Future Outlook
Industry data shows the global electric pressure cooker market growing at 4–6% annually, with emerging markets rising 6–8%. Urbanization and energy efficiency demands drive this trend. Electric pressure cookers save 30-50% of the energy needed for gas cooking. And with the implementation of smart designs, they aid brands in attracting environmentally-conscious consumers.
Vision and Values
IAIE looks the future of smart, convenient, and easy to use appliances to cook in every kitchen in the world. They prioritize innovation, quality, customer satisfaction, sustainability, and integrity, as well as teamwork to attain these things as well. Each IAIE product, whether 2.5L compact cookers or 12L high-volume units, are the embodiments of these values.

Customization and Support
Purchasers have the option to personalize the design, the style and the finish. They have the complete control of their production. This is all supported with ease of their smart design, quality, and satisfaction.
Contact IAIE Today
Clients interested in IAIE pressure cookers at wholesale prices, and those who wish to order samples, should communicate with the support number:
• WHATSAPP / PHONE: +8615900091406
• EMAIL: sales@l4p-tech.com
• ADDRESS: No.63 2nd Dongfu Rd, Minle District, Dongfeng Town, Zhongshan, Guangdong, China (P.O. Box: 528425)

About IAIE
IAIE is a market-leading smart electric pressure cookers and rice cooker manufacturer based in China. Equipped with advanced injection machines, numerous molds, and global certifications, IAIE provides safe, durable and innovative home and industrial cooking systems.
Media Contact
Organization: IAIE
Contact Person: IAIE
Website: https://www.l4p-tech.com/
Email: Send Email
Contact Number: +8615900091406
Country:China
Release id:45488
The post Global Appliance Market Evolves as IAIE Expands Smart Pressure Cooker Solutions 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
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.
Press Release
Tespro Launches Next-Generation Industrial Routers for Reliable Smart Infrastructure Connectivity
China, 3rd Jun 2026– IoT for industrial applications has a major issue with communication in some environments where connectivity is very unreliable. Most operators experience legacy systems that don’t communicate, costly and time consuming implementations, and system downtimes. These headwinds complicate and delay operational decisions and increase operational costs.

With 20 years’ experience, Tespro has gained invaluable insights and is proud to unveil its innovative range of Industrial telecommunications devices with the TR-200 and TR-300 series of routers.
Technology Challenges
Communication issues are a reality for almost every field technician. Impediments to effective standard networking equipment are due to extreme distance, environmental conditions, temperature and voltage. Most available solutions operate with no redundancy, resulting in a total loss of data flow. This is compounded by the difficulties of integrating old modern cloud systems where legacy industrial devices use Modbus and other serial protocols. There is a need for connected devices that use 4G and 5G telecommunications without the burden of complex or costly development.
Another common problem is power instability. Industrial sites rarely have clean, stable power sources. Standard routers fail under voltage sags or surges. Finally, many devices do not fit on standard Industrial Gateway DIN Rail. This complicates installation in crowded electrical cabinets.
Tespro’s Solution
Tespro solves these problems with its new series of Industrial Router Modbus TCP-ready devices. These routers facilitate communication between serial sensors and cloud devices. The TR-224 and TR-324 have RS232/RS485 ports. These devices connect directly to legacy meters, PLCs, and RTUs and then convert and transmit data using Modbus TCP over cellular networks.
As an example, a water utility can connect an older flow meter using RS485 to a Tespro TR-225 router. The router communicates the flow data to a cloud-based analytics platform for real-time data. Water utility operators can monitor the flow data from the cloud, and there is no need to change the existing hardware. This allows the water utility to minimize time and save money.

Redundancy for Zero Downtime
Each Tespro Industrial Router 4G LTE has triple backup switching. This means the router will automatically change from a wired connection to WiFi to a 4G/5G connection. The dual SIM standbys will provide network diversity; if one of the networks is not working, the second network will the be functional one. The TR-244 and TR-245 models also have five 1000Mbps Ethernet ports that automatically adjust and adapt. These will allow critical systems to stay functional during the network outages.
Wide-Range Power & Temperature Tolerance
These routers can run from -40°C to 75°C, and can be used in the northern winters and the southern deserts. The dual-path wide-voltage power supply accepts DC 5-30V input. Current consumption is below 400mA, and these features have made the Industrial Gateway Solution for mobile equipment, factory floors, and outdoor cabinets.
4G/5G Gateway for Future-Ready Deployments
Tespro provides 4G/5G Gateway options. The TR-225 and TR-245 provide 5G LTE with 100Mbps, providing either 2 or 4 LAN ports. Meanwhile, The TR-325 and TR-345 provide 5G with gigabit LAN ports. The models provide exciting new capabilities to process video, large data logs, and control commands in real-time. These will be valuable assets for developing smart city systems and intelligent transportation networks.

Full Product Range
The TR-200 series includes:
• TR-224: 4G LTE, 2x 100Mbps LAN, RS485/RS232.
• TR-225: 5G LTE, 2x 100Mbps LAN, RS485/RS232.
• TR-244: 4G LTE, 4x 100Mbps LAN, RS485/RS232.
• TR-245: 5G LTE, 4x 100Mbps LAN, RS485/RS232.
The TR-300 series adds gigabit performance:
• TR-324: 4G LTE, 2x 1000Mbps LAN, dual RS485, RS232.
• TR-325: 5G LTE, 2x 1000Mbps LAN, dual RS485, RS232.
• TR-344: 4G LTE, 4x 1000Mbps LAN, dual RS485, RS232.
• TR-345: 5G LTE, 4x 1000Mbps LAN, dual RS485, RS232.
All models feature industrial-grade protection. They support public LTE networks and VPDN proprietary networks. The devices are universal, with standardized interfaces. They show resilience in trying circumstances.

Seamless AMI/AMR Integration for Utilities
Tespro routers work with AMI/AMR systems to safeguard and allow continuous communication of cloud and meter entities. They run on technology that saves energy and supports battery backup. The latency in data communication is eliminated. Utility companies will spend less on maintenance and will be able to respond to outages in a timelier manner.
About Tespro
Tespro is a communication and calibration optical probe manufacturer that was founded in China in 2002. Now, Tespro is a manufacturer of DTUs, industrial routers, and industrial gateways. They work with Fortune 500 companies globally and their services are ISO 9001 and CE certified. Its mission is to deliver high-value products and exceptional service. The vision is to become a leading global manufacturer of smart metering solutions.
Tespro products are compatible with over 90% of meters on the market. From field devices to cloud platforms, Tespro offers fully integrated solutions. The company’s SEMS platform supports real-time data collection, calibration, and smart management.
Availability
All Tespro industrial routers are available now. For sales quotations, contact sales@tespro.com. For general inquiries, email info@tespro.com. Call or WhatsApp: +1-213 610 4797 or +852 4609 4648. Learn more at HERE.
Media Contact:
• Tespr Electronics Co., Ltd.
• Email: info@tespro.com
• Web: www.tespro.com
Media Contact
Organization: Tespro
Contact Person: Tespro
Website: https://www.tespro.com/
Email: Send Email
Contact Number: +85246094648
Country:China
Release id:45492
The post Tespro Launches Next-Generation Industrial Routers for Reliable Smart Infrastructure Connectivity 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
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.
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