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Claim Agreement Aims To Be The One-Stop Decentralized Finance (Defi) Service Network

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4 years ago

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The Claim Agreement, a Decentralized Finance (DeFi) service network unveiled recently, creates a new generation of credit-based stablecoin ecosystem that is based on the value of assets across time cycles and characterized by full external coupling and deep liquidity. Claim is more than just a payment agreement – it promises to be a one-stop DeFi service network that can provide users with long-term on-chain credit evaluation, credit financing and asset custody. In the future, users will be able to tap the on-screen “Claim” button to access the diversified world of DeFi. DeFi, which draws inspiration from blockchain and is the technology behind cryptocurrency, influenced the industry most during the first quarter of 2021.

“DeFi, the acronym of Decentralized Finance, was first coined in August 2018 by Brendan Forster, founder and CEO of crypto lending platform Dharma. After more than two years of development, the DeFi ecosystem has emerged in a variety of projects. Many products in the traditional financial system have been re-enacted through blockchain and smart contract technology. DeFi has brought unprecedented changes in the coin circle, among which the algorithmic stablecoin has attracted public attention the most as it has influenced traditional finance in DeFi like no other. At the beginning of 2021, a new algorithmic stablecoin named Basis Cash reached peak popularity with the arrival of the bull market, but it faced confidence crisis due to the defects in their algorithm. Just when the investors thought that the DeFi stablecoin “vanished into the crowd”, the emergence of Claim changed the public perception all over”, said Seraphima Verkhovtceva, the CMO of Claim during a recent press conference.

“According to agency data, DeFi had $450 billion of Total Value Locked (TVL) globally as of March 2021. Considering the double to triple-digit gas price of just doing a single operation on Ethereum, it can be assumed that most of that is “Big Whale” customers. Apart from the high gas costs on Ethereum, DeFi’s biggest pain point at the moment is its cumbersome mechanics and highly unstable  returns”, she added.

“Ampleforth, which uses first generation algorithm, is considered the first ever complete stablecoin. There are many advantages of Ampleforth and it is one of the most stable currencies as it follows the inflation-deflation model. Basis Cash follows the second-generation algorithm. It has a three-coin model, but it also has obvious advantages and disadvantages. The three-coin model is the equivalent of DPOS in the blockchain world, while the first-generation algorithm of stablecoin Ampleforth is more like PoW. Although the community users say that PoW has various downsides, it is still a more powerful algorithm than DPOS in the blockchain ecosystem, and the same is true for the stablecoin algorithm. Although Basis Cash has been updated, it’s algorithm is not as simple as the algorithm of the earliest stablecoin, Ampleforth. It doesn’t have the core of Ampleforth either – it’s just algorithmic. It cannot be manipulated, which is one of the reasons the algorithmic stablecoin lost its popularity”, she further added.

According to Verkhovtceva, the foundation of the financial industry is credit and any traceable and controllable financial activity that runs on a chain should be granted credit, which is why the Claim Agreement was developed by the company.

“Whether the user is mining or performing any other on-chain activity recognized by the Claim platform, the user can get credit $CUSD or digital money under the Claim agreement, which helps the user to maximize the use of their funds. Another reason why we developed  Claim is that we wanted to address the low utilization of funds in the current stablecoin system”, she stated.

“The Claim protocol we developed allows users to pledge assets they hold and generate a stablecurrency called $CUSD. According to the agreement, users will deposit assets and allocate funds through the income aggregation platform to form investment income. The income of these assets investment will be the value support of the ecological credit system of Claim. In this mode, the funds deposited by users can not only be used as collateral to obtain the stablecurrency $CUSD for financing, but users also enjoy the credit leverage formed by the expected returns of assets, which greatly improves the utilization efficiency of assets”, said Dmitry Malyanov, the CEO of the AI and blockchain innovation company.

“The economic model of Claim agreement is a dual token economic system. In order to ensure the value anchorage and payment ability of the credit stablecurrency $CUSD, the team only supports DAI, USDC, USDT, ALUSD and DOLA as the agreement pledge assets in the early stage. $CUSD will be cast in a ratio of 1:1 after the user deposits the 5 kinds of stable coins – DAI, USDC, USDT, ALUSD and DOLA. After that, users can exchange the $CUSD they hold at any time in a 1:1 ratio through the protocol without loss for the above five stable coins”, Malyanov added.

$CUSD is a utility stablecoin created by the Claim Agreement as the asset of the tokens in circulation by the users participating in the pledge agreement. The Claim is a token for protocol functionality iteration, parameter tuning, and community governance for DAO or Decentralized Autonomous Organization Treasure Asset Management. The total issue of Claim is USD 100 million.

“We will follow the DAO concept, with the community fully in charge of the platform’s evolution. As a DeFi project that originated in the community and is based on serving the community ecology, the protocol governance of Claim will rely on the community DAO governance model to the greatest extent. All holders of $CLAIM can participate in the governance of the agreement and express their opinions and claims in full”, Malyanov was quoted.

Official Website: https://claim.xyz​

Twitter: https://twitter.com/claimdotxyz 

Medium: https://medium.com/@claimfinance​

Telegram group: https://t.me/claimofficialcommunity

Contact:

Claim

Dmitry Malyanov

themediacontact@gmail.com

https://app.claim.xyz

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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

Step Inside Nashville’s Faith Communities During the Historic First Interfaith Crawl on February 9

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3 minutes ago

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January 31, 2025

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Nashville, Tennessee, 31st January 2025, ZEX PR WIRE, In recognition of World Interfaith Harmony Week, the first-ever Interfaith Crawl of Nashville will take place on Sunday, February 9, from 12:30 PM to 4:00 PM. This unique event will provide an opportunity for individuals of all backgrounds to visit various places of worship, learn about different faith traditions, and engage in meaningful conversations to promote mutual understanding and respect.

In today’s diverse world, religious understanding is more essential than ever. Understanding one another’s beliefs fosters peace, dispels misconceptions, and strengthens our communities. By stepping into different houses of worship, attendees will gain firsthand experience of Nashville’s vibrant religious landscape, creating connections that bridge differences and celebrate shared values of love, compassion, and humanity.

Schedule:

12:30 – 1:00 PM: Islamic Center of Tennessee

5400 Bell Forge Ln E, Antioch, TN 37013

The Islamic Center of Tennessee (ICT) serves as a spiritual and community hub for Muslims in Middle Tennessee. With a focus on worship, education, and interfaith dialogue, ICT provides a welcoming environment where visitors can learn about Islam, the Five Pillars of faith, and the role of mosques in Muslim life.

1:30 – 2:00 PM: Church of Scientology

1130 8th Ave S, Nashville, TN 37203

The Church of Scientology Nashville is dedicated to spiritual enlightenment and personal betterment. With a mission to empower individuals through self-discovery and practical application of knowledge, the church welcomes guests to explore its teachings and understand the role of Scientology in helping individuals achieve personal growth and a greater understanding of life.

2:30 – 3:00 PM: The Temple (Jewish Synagogue)

5015 Harding Pike, Nashville, TN 37205

The Temple – Congregation Ohabai Sholom is one of Nashville’s most historic Jewish congregations, dating back to the mid-1800s. As a cornerstone of Jewish life in the city, The Temple is dedicated to worship, education, and community service.

3:30 – 4:00 PM: Sri Ganesha Temple (Hindu)

527 Old Hickory Blvd, Nashville, TN 37209

The Sri Ganesha Temple serves as a spiritual and cultural center for Nashville’s Hindu community. Rooted in ancient traditions, Hinduism is one of the world’s oldest religions, emphasizing devotion, karma, and the pursuit of enlightenment.

Why Interfaith Understanding Matters

World Interfaith Harmony Week serves as a powerful reminder that mutual respect and dialogue are essential for a peaceful society. Misinformation and assumptions about different religions can create unnecessary divisions, while learning from one another fosters compassion, collaboration, and unity.

This Interfaith Crawl is designed for anyone curious about different faiths, those involved in interfaith advocacy, or individuals simply looking to broaden their perspective. Participants will walk away with not only knowledge but also new friendships and a deeper appreciation for the rich religious diversity in Nashville.

Join the Journey

This event is free and open to the public, but participants are encouraged to RSVP. For more details and to register, visit the Eventbrite page.

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Cloud PR Wire

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Shamla Tech Empowers Entrepreneurs to Ride the Wave – Trump & Melania Meme Coins Spark Crypto Frenzy

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1 hour ago

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January 31, 2025

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The launch of $TRUMP and $MELANIA meme coins has ignited a crypto frenzy, showcasing the massive potential of meme coins. With $TRUMP reaching a $14 billion market cap and $MELANIA hitting $5 billion, these tokens highlight the power of cultural relevance and community backing. Shamla Tech, a global leader in blockchain solutions, empowers entrepreneurs to capitalize on this trend with custom meme coin

Trump & Melania Meme Coins Spark Crypto Frenzy: Shamla Tech Empowers Entrepreneurs to Ride the Wave

The cryptocurrency world is witnessing a seismic shift with the explosive launches of $TRUMP and $MELANIA meme coins. These tokens, backed by the powerful global influence, have brought meme coin development into the limelight, showcasing their immense market potential. With $TRUMP debuting at a peak market cap of $14 billion and $MELANIA reaching $5 billion, the stage is set for entrepreneurs to explore this exciting opportunity.

To help innovators and businesses capitalize on the growing popularity of meme coins, Shamla Tech, a leading cryptocurrency development company, is offering comprehensive solutions for launching meme coins that stand out in this rapidly evolving industry.

The Rise of Trump & Melania Meme Coins

Meme coins have grown into a cultural phenomenon in the cryptocurrency space, deriving their value from viral appeal, community backing, and cultural relevance. The entry of these meme coins into the market has further propelled this trend.  

The rivalry between $TRUMP and $MELANIA has captivated the crypto community. While $TRUMP gained traction as a symbol of his pro-crypto policies, $MELANIA disrupted the market with its unique appeal, leading to a 40% dip in $TRUMP’s value upon launch before both tokens stabilized.

Shamla Tech’s Vision for the Meme Coin Revolution

Shamla Tech is inviting entrepreneurs, influencers, and businesses to explore the boundless opportunities in the meme coin development space. The company provides end-to-end blockchain solutions to create meme coins that are not only secure and scalable but also resonate with the target audience.

Balaji, CEO of Shamla Tech, expressed his optimism about the future of meme coins:

“The success of $TRUMP and $MELANIA highlights the incredible potential of meme coins to capture public imagination and create massive market opportunities. At Shamla Tech, we’re passionate about helping entrepreneurs turn their vision into reality. By combining creativity with cutting-edge blockchain technology, we empower our clients to create meme coins that truly stand out in the crowded cryptocurrency market.”

What Shamla Tech Offers

Shamla Tech’s services for meme coin development include:

  • Custom Meme Coin Development: Tailored solutions to bring your unique concept to life.
  • Blockchain Expertise: Advanced blockchain technologies to ensure security, scalability, and efficiency.
  • Smart Contracts: Development and auditing of smart contracts to establish transparency and trust.
  • Community Engagement Strategies: Comprehensive marketing campaigns to build a loyal community.
  • Exchange Integration: Seamless listing on major crypto platforms, including Binance.
  • 24/7 Support: Dedicated teams to ensure a smooth launch and ongoing success.

Why Now is the Perfect Time to Launch a Meme Coin

As meme coins dominate headlines, now is the ideal time to capitalize on this trend. High-profile launches like $TRUMP and $MELANIA have sparked unprecedented interest in meme coins, offering a unique opportunity for entrepreneurs to tap into this market.

“Meme coins are redefining the crypto space by combining cultural relevance, community power, and financial innovation,” added Balaji. “With our deep expertise in blockchain development and marketing, Shamla Tech is perfectly positioned to guide businesses through every step of the process.”

Now is the perfect time to explore how to create a meme coin in response to the success of $TRUMP and $MELANIA. With increasing demand and cultural significance, meme coins have become a powerful tool for entrepreneurs looking to make their mark in the cryptocurrency space.

Partner with Shamla Tech to Launch Your Meme Coin

Shamla Tech’s comprehensive cryptocurrency development services ensure that every aspect of meme coin creation, from ideation to launch, is optimized for success. Whether inspired by a cultural trend, a celebrity, or a viral moment, Shamla Tech transforms ideas into reality with their innovative solutions.

To learn more about Shamla Tech’s meme coin development services, visit www.shamlatech.com or contact their team directly.

About Shamla Tech

Shamla Tech is a trusted global leader in blockchain and cryptocurrency development, specializing in cutting-edge meme coin solutions. With extensive expertise in creating secure, scalable, and innovative meme coins, Shamla Tech helps businesses tap into the viral appeal of this growing market. Their end-to-end services include custom token development, smart contract creation, exchange integration, and marketing strategies to build strong community engagement. Backed by a team of blockchain experts and a commitment to excellence, Shamla Tech ensures your meme coin stands out in a competitive space, delivering both technical superiority and cultural relevance to drive success.

For more details, visit their website https://shamlatech.com/

Connect with Shamla Tech through

 

Instagram :  https://www.instagram.com/shamlatech/

Facebook :  https://www.facebook.com/shamlatechsolutions

LinkedIn : https://www.linkedin.com/company/shamlatech

Twitter: https://x.com/shamlatech

Contact them via

Email- info@shamlatech.com 

Media Contact

Organization: Shamla Tech

Contact Person: Balaji

Website: https://shamlatech.com/

Email: Send Email

Contact Number: +12034911927

Address: 2420 Whitney Avenue,

City: Hamden CT 06518

Country: United States

Release Id: 31012522811

The post Shamla Tech Empowers Entrepreneurs to Ride the Wave – Trump & Melania Meme Coins Spark Crypto Frenzy appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

BullionX Announces Groundbreaking Innovations in Gold Management and Mining

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1 hour ago

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January 31, 2025

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London, United Kingdom, 31st Jan 2025 – BullionX Gold LTD, a prominent South African gold mining enterprise, is making bold strides to redefine the global gold marketing and management landscape. Leveraging decades of expertise in traditional gold mining, the company is now integrating cutting-edge innovation to revolutionize opportunities for investors, leaders, and forward-thinkers worldwide.

As part of its trailblazing efforts, BullionX is introducing an innovative marketing program designed to democratize gold investment and maximize returns for participants. The program enables users to earn daily returns ranging from 2% to 5% through specially designed investment packages. These packages are conveniently funded using popular cryptocurrencies, including major cryptocurency companies.

To further incentivize engagement, BullionX is launching a dynamic referral system. This system allows participants to earn commissions by inviting others to join the program, fostering a collaborative and expansive community. The initiative is strategically positioned to attract a diverse global user base, aligning with BullionX’s ambitious international growth objectives.

In a bold move to support leadership and community engagement, BullionX has unveiled plans to sponsor Information Centres and Gold Stores in strategic locations across the globe. These facilities aim to empower leaders and marketers by providing resources and opportunities to expand their influence within the gold and cryptocurrency sectors.

  • Information Centres will be made available to leaders generating $300,000 in company revenue.
  • Gold Stores will be awarded to leaders contributing $3,000,000 in revenue.

These milestones highlight BullionX’s commitment to fostering global partnerships and creating tangible growth opportunities for its collaborators.

In a landmark decision, BullionX has announced its intent to list on the Johannesburg Stock Exchange (JSE), transitioning from a private enterprise to a publicly traded company. This decision underscores the company’s dedication to transparency, accountability, and stakeholder engagement. To support this transition, BullionX will release previously confidential documents and implement a robust new management structure. These measures aim to ensure enhanced governance and reinforce trust among investors and the broader community.

As part of its forward-looking strategy, BullionX is set to launch its proprietary cryptocurrency token, #BLNX. The token is designed to integrate seamlessly with BullionX Gold Stores, offering holders exclusive discounts on gold purchases ranging from 1% to 3% below market prices. Additional benefits and exact discount rates will be announced in the coming months, generating significant anticipation for the token’s debut.

BullionX is leveraging advanced linear marketing strategies to build unparalleled brand awareness on a global scale. By combining innovative financial solutions, lucrative earning opportunities, and community-driven initiatives, the company is poised to emerge as a trailblazer in both the gold and cryptocurrency sectors.

BullionX’s unique blend of traditional gold mining expertise and modern technological advancements sets it apart as a leader in the industry. From delivering consistent returns to empowering global leaders and embracing the potential of cryptocurrency, BullionX is the go-to platform for individuals seeking a future-focused approach to gold management.

About the Company – BullionX’s 

BullionX Gold LTD is a premier South African gold mining company committed to redefining gold management and investment on a global scale. Headquartered in Johannesburg, BullionX has built its reputation on decades of expertise in traditional gold mining, coupled with an innovative approach to modern financial solutions.

Potential clients can visit the following link for details: www.bullionx-inv.com

 

Financial Disclaimer:

The information in this press release is for informational purposes only and does not constitute financial or investment advice. Participation in BullionX programs involves risk, and returns are not guaranteed. Cryptocurrency investments are highly volatile and may result in financial loss. Please consult a financial advisor and conduct independent research before making any investment decisions.

Media Contact

Organization: BullionX Gold LTD

Contact Person: Alexander Zarubin

Website: https://bullionx-inv.com

Email: support@bullionx-inv.com

Country: United Kingdom

Release Id: 31012523018

The post BullionX Announces Groundbreaking Innovations in Gold Management and Mining appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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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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