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A New Horizon on Financial Future: Trister World’s New Ecology of DeFi Financial Aggregation

Published

4 years ago

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Today, Defi locked in over $40 billion of assets, a nibble of share, compared to the market cap of crypto assets $1.2 or so trillion. In traditional finance, the traditional derivatives market is worth hundreds of trillions of dollars, and the crypto market as a whole is less than 0.1% of its asset size, even the combined wealth of the people at the top of the pyramid is five or more times larger than total assets of the entire crypto market.

Yet this is an opportunity for DeFi to grow.

According to statistics, the total number of DeFi users has outpaced 1 million. Among them, the figure for Uniswap users soared to 586,000, taking the crown on the list with 58.6%, followed by Compound with 254,000, Kyber 110,000, 1inch 43,000 and OpenSea 33,000, respectively.

(Total DeFi users over time)

Decentralised Finance (DeFi for short), a smart contract and protocol for crypto-assets and finance based on the smart contract platform, is dedicated to reengineering the current financial system, creating a transparent system that opens up the application ecosystem to everyone without the need for permission and without relying on the third party to cater to their financial needs. On the eve of a boom, the sector needs a DeFi resource aggregation platform, involving and engaging both regular and experienced users. Not only does it make easier for users to play a part in DeFi, but it dispels their misgivings, be it complex operations, harsh terms, yield guaranty, safety and security or level playing field, among other issues. The sector sees an avalanche of DeFi projects, with fragmented information, difficult judgment of truth and falseness and a high bar. The planning of the total ecological product of DeFi the Trister team recently released is beyond expectation and perception of everyone, its pattern and innovation in particular. Let’s check out what highlights and innovations awoke the public.

Trister World typifies a DeFi resource aggregation platform, featuring “value creation, value circulation and value drive”, built by a team of top crypto scientists in worldwide efforts. On the back of the global community of Trister, Trister World has turned out to be a brand new DeFi ecosystem, with a focus on a new generation of the decentralized financial world for the future. That being said, the new system simplifies as much as possible the complex operations of the users, leaving it to the Trister’s bottom, while the user interface (UI) continues to build a financial inclusion platform, regardless of nation, region, race and wealth, a boon to the users. Users in yield farming, for instance, may enjoy lower costs, fewer operations, faster speed and higher returns.

The yellow paper on Trister World’s technical development plan the Trister team published recently explicitly elucidates that, upon reaching three major milestones, Trister comes to Trister World, an upgrading of the strategy. The continued updates and iterations enabled more DeFi enthusiasts to know, understand and take part in the universally-recognised ecosystem.

Far cry from other functional DeFi projects, Trister World is not contented with being an “upgrade” or a “substitute” for traditional financial instruments. Rather, it constantly delves into the cutting-edge technologies of the industry across the globe in the creation of a complete aggregation platform. It progressively implements and aggregates a matrix of eight major products, namely Trister’s Lend, Trister’s Swap, Trister’s Vault, Trister’s Insure, Trister’s Oracle, Trister’s NFTBase, Trister’s Mirror and Trister’s DAOs.

（Trister World’s eight major products matrix）

It is understood that Trister World, in possession of three core subjects, is applied to achieving on-chain governance of community members. TWFI, above all, is the core value token of Trister World, bearing with Trister World’s ecological value as well as community governance rights. The total amount in circulation stands at 80 million, with 10 million deployed in each of eight products.

tToken serves as a credential of financial equity for the applications of varied ecological products throughout the entire Trister World. Holding tToken means interest earnings. tToken is synonymous with a key to interoperability between Trister World’s ecologies. Also, holding tToken allows mining in different ecological projects at the same time in an endeavour to make more profits.

Furthermore, Trister SmartNFT(tCard), Trister World’s ecology privilege card, will become the first community NFT asset in the future, the ownership of which is bound to secure a collection of special rights and benefits in all major ecologies.

（Mining logic of Trister World）

Trister World’s new DeFi ecosystem stands out with two salient advantages. First, tToken makes sure interoperability between ecologies while mining in different projects, to generate more revenues. Second, the addition of buyback-destruction-deflation mechanism earmarks 20% of profits for buyback and destruction of TWFI tokens, adding a magic allure to the engagement of users.

Trister World’s initiative, an awe-inspiring innovation, comes forth the implementation and aggregation of eight eco-products in the entire DeFi ecosystem, the first technology of this kind, with a far-reaching ripple to the existing ecosystem, the DeFi ecosystem to be specific. The series of financial products will be interlocked through a combination of functions, and the smart contracts will call each other to connect some financial functions together, building “an ecological economy and a convergence platform”.

It is reported that Trister’s Lend, which will be released in the second quarter, has made a major innovation in its development, allowing institutional users to establish new loan transaction pairs by pledging assets as a way to provide lending services in low liquidity currencies.

（Trister World’s Official twitter）

Never will the journey of Trister World be smooth in the future with brambles and thorns coming along. It will reshape the entire world’s value interaction model and create a new pattern of DeFi ecology should it be carried on. We look forward to the launch of Trister’s Lend and keep you abreast of the up-to-minute progress of Trister World.

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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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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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Press Release

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

Published

23 hours ago

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November 23, 2024

By

DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Cloud PR Wire

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

Published

23 hours ago

on

November 23, 2024

By

DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Cloud PR Wire

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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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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

Published

23 hours ago

on

November 23, 2024

By

DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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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