Connect with us

Press Release

Gaeacoin: Can “Algorithm + Credit” Rebuild the Value Foundation of DeFi?

Published

on

Defi still has higher attention with rapid technological innovation and continuous expansion of application scope, The goal of DeFi is undoubtedly to build a more effective,free and transparent financial ecology. However, finance always develops with money and brings value exchange. Therefore, whether it is a decentralized scenario or a mass application toward reality in the future, stable cryptocurrency is crucial for users, so as to realize the dream of making virtual ideas become reality.

For this reason, in the field of cryptocurrency,many teams has been exploring stable currency. According to CryptoQuant data, stabilecoin holdings on global crypto exchanges hit an high record of $9.8 billion as of March 28, 2021. At the same time, the total stable currency market capitalization once topped $80 billion, according to CoinGecko,  current daily trading volume of all stable currencys is about $118.340 billion. Also, CoinMarketCap shows there are 16 mainstream stable currencys now.

The stable currency is illusory?

In general, both USDT and DAI are still on their way and haven’t really achieved the goal of “stable currency”. Tether’s White Paper said:”Tether is a decentralized cryptocurrency, but we are not a perfectly decentralized company. We store all of our assets as a centralized pledge.” Therefore, USDT is just borrowing the name of cryptocurrency, but it is not really decentralized.

DAI, developed by MakerDao, is the largest decentralized stable currency on Ethereum. It is issued with the guarantee of the full amount of assets on blockchain. It is only generated in the application scenario based on the mortgage, and the market value of the mortgage assets is the ceiling of it. Therefore, these stable currencys are illusory in a sense.

Will algorithmic stable currencys finally fail?

Now let’s take a look at the development process of algorithmic stable currencys, known as the holy grail of cryptocurrency. From stable currency1.0 represented by AMPL,stable currency2.0 represented by Basis Cash to stable currency3.0: FraxFinance, all of them have gone through a period of growth. However, the stable currency reality is that we live under the sense of “ever-changing”, and stable value is still in the ideal.

AMPL algorithmic stable currency is used to increase or decrease the supply of AMPL in order to keep the price of AMPL around $ 1. AmpleForth usesRebase operation to change the AMPL held by all users as a whole. The Rebase price is based on the average price of the past 24 hours. When this price is above $1.05, the AMPL balance in all users’ wallets increases simultaneously. At prices below $0.95, all users’ AMPL balances decrease simultaneously. During this process, the percentage of AMPL held by users in the supply does not change. It looks like everything is fine on its own, but when the price of cryptos falls to the point where deflation is needed, both the quantity and price of coins held by users are falling, so users face a double whammy.

So it’s easy to create a death spiral. Similarly, when cryptos price rise, it is easy to create an upward death spiral. Thus it can be seen that this price model only has two possibilities: the price continues to fall, get into the infinite death circle and leave the market, and the price rises steadily to around 1USDT; Prices rising, the AMPL have been printing (dividend), AMPL reserve disappeared, crypto began to value return,people in loss cannot gain AMPL, prices will fall back near 1 USDT (need funds continue getting into market), so it is difficult to see AMPL achieve speculation, meanwhile achieve stability, And stability is a necessary condition for a stable currency.

Basis CASH, as represented by 2.0, includes three tokens, Basis Cash (BAC), Basis Share (BAS) and Basis Bond (BAB), among which BAB is non-transferable. The BAC is the stable currency, anchored to $1; BAS is an equity token, and newly minted BAC tokens can be allocated. BAB is a bond. There is nothing wrong with Basis Cash based on the algorithm itself, but without a good application scenario, relying on the debt market itself is dangerous. There is actually a problem with debt financing in traditional markets, where those “too big to fail” entities can take on the risk of impunity through socialized bailout costs. It is entirely possible that Basis Cash could go into a debt spiral, in which case there would be no willing contributors, the debt would accumulate and the protocol would collapse.

FinanceFX is the first partial algorithmic stable currency project, adding the concept of using “partially stable” as a collateral asset to the existing algorithmic stable currency. There are two types of tokens in Frax, the stabilization token Frax and the governance token FXS. Frax costs USDC and FXS, but only USDC during creation. The initial mortgage rate is 100%, that is, all USDC mortgage is used to cast FRAX. After that the mortgage rate will be adjusted every hour. If the price of FRAX is more than $1, the mortgage rate will be reduced and FXS ‘share in it will be increased. Raise the mortgage rate if the Frax falls below $1. The mortgage rate is adjusted every hour by 0.25% each time. But its high mortgage ratio leads the lack of user appeal, its currency numbers and market supply have been stagnant.

Although the above three generations of stable currencies seem to be making breakthroughs and innovations, they do not give a satisfactory answer on how to solve the credit problem. However, algorithm stable currency who cannot solve the credit problem is useless. Bitcoin came into being to solve the problem of credit, but the stable currency, as an important extension of its development, has not inherited the legacy of credit, and still stuck in algorithm.

Crypto Credit Network (CCN)

In financial field, credit is the foundation and the lifeblood. This is true of both traditional and modern financial systems. In the traditional financial system, credit mainly relies on the guarantee of laws and institutions. Apart from the high operation cost, the “credit crisis” gradually exposed by financial intermediaries is the fundamental reason why people urgently embrace the blockchain technology. Algorithm stable currency is going to help cryptos solve the credit problems, guaranteeing machine credit by algorithm, which does not rely on third party subjective will and makes transaction transparent, efficient, reliable and stable, let people who do not have to establish credit relationship between each other to achieve cooperation and free trading, reduce the cost of credit.

However, the world of blockchain cryptocurrency is a chaotic existence without role name. To change from chaos to brightness, each individual needs to have his or her own identity, so that we can obtain the faith like phoenix nirvana. The CCN gives each individual a unique CID (Crypto Identification), which is the most basic rule in the Crypto world. To build a new crypto world of order, autonomy and equality.

The construction of CCN not only takes blockchain technology as support, but also has reasonable economic incentive mechanism. Reasonable use of incentive mechanism is an effective means to stimulate all parties to participate in the construction of CCN.

A sound incentive mechanism, reasonable mechanism design from the perspective of leading efficiency and fair governance, can make the value generated by credit information flow effectively to the value provider in the blockchain world, punish the evil behavior, and resolve the conflict between individual interests and collective interests. It makes the individual’s behavior of pursuing individual interests unified with the goal of maximizing collective value.

Therefore, CCN can further clarify the economic interests of each participant and the overall interests of the network, so as to fully mobilize the enthusiasm of each participant and guarantee great development of CCN from the source.

The CCN consists of three different identities: Creator, Guardian and Angel,all of them have established screening mechanism. Only firm believers can obtain the CCN identity. Early believers are required to contribute to maintaining the stability of early CCN by burning GAC tokens. Therefore, they are not only holders of Gaeacoin, but also determined preachers and builders. When Gaeacoin issues additional shares, it will also receive a corresponding percentage of GAC tokens as a reward.

The establishment of this system aims to provide every Gaeacoin participant with the opportunity to contribute to the community construction, and to create a healthy crypto community culture of dedication and autonomy through consensus, symbiosis, co-construction and sharing.

In CCN, although the identity is different, the residents on the chain of CCN build the initial transaction link according to their CID address, and constantly expand CCN on the chain. Open CID needs to be recommended by the network resident, once the link is formed, it cannot be changed forever. Each of the three different identities requires a different number of GAC tokens to burn, which can be viewed on the Gaeacoin network. Gaeacoin network residents have different rights according to their status.

The integration with the DEX : Oxyswap has pioneered a full range of applications

There is a natural interdependence between exchange and stable currency. Exchange has always been an important part of crypto digital asset market, and it is also the first application place of stable currency. Like Binance with BUSD and Huobi with HUSD, OKEx also launched USDK on June 3, 2019. Traditional CEXs are fiat currencies, where fiat currencies are exchanged for cryptos. If you want to buy crypto digital assets, you need to top up fiat currency, which undoubtedly increases the economic and time costs of investors in the process of exchange. The emergence of stable currency can not only solve the above problems but also effectively avoid legal risks in the process of transaction.

As it should be, the integration of Gaeacoin ecology and Oxyswap not only lays a solid foundation for stable currency: GAC token application, but also creates opportunities for it to open up more and wider application scenarios.

Oxyswap is a decentralized exchange running on the BSC with a collection of DEX liquidity mining, which offers functions of exchange, liquidity, market making and so on. The strength of Oxyswap guarantees the usages of the stable currency: GAC.

GAC will lead a brighter way

Gaeacoin algorithm stable currency:GAC dare to face the challenge, According to the industry news, GAC praises is not only relatively stable from the concept, but also to really put into application. In addition to GAC (Gaeacoin), Gaeacoin ecology also includes GAB(Gaeacoin Bond) and GAASH (Gaeacoin Share), which serve to maintain the stability of GAC. Gaeacoin Ecology also integrates Gaeacoin protocol, algorithm, robustness, price response, encryption and other technologies, superposed with the DeFi ecology of Crypto Credit Network (CCN), Oxyswap(DEX) and so on, providing a realistic solution for GAC ,and leads it move towards the real “stability”.

The integration of CCN and Oxyswap points out the direction for the application of algorithmic stable currency. In fact, we can already feel the power of the Gaeacoin algorithm stable currency, and once it is used at a large scale, the ideal stable currency is expected to arrive ahead of time. DeFi will also build on this basis, using currency, lending, spot trading and other components to build continuously upgraded Lego of DeFi.

Gaeacoin’s move directly challenges the world’s centralized stable currency giants such as USDT and USDC, but compared to the previous challenges of AMPL, BAC and FRAX, this well-prepared challenge looks more anticipated!

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.

Continue Reading

Press Release

Business Acquisitions: Expert Legal Advice and Resources

Published

on

RENO, NEVADA, January 2nd, 2025 – The dream of owning a business drives many individuals, and for some purchasing an existing enterprise can be a faster and more stable path to success. However, navigating the legal complexities of a business acquisition can be daunting. LegalMatch.com, the leading online platform helping to connect consumers with verified lawyers, recognizes this challenge and helps to provide valuable resources to empower aspiring entrepreneurs throughout the process.

 

Purchasing an existing business requires careful consideration of various legal aspects. From evaluating financial records and navigating contracts to ensuring intellectual property rights are secure, the legal landscape can be complex and should be traveled with the expertise of a business attorney.

 

“Business acquisitions are exciting endeavors. However, understanding the legal framework is crucial to ensure a smooth and successful transaction. Through our platform, consumers can get matched with attorneys skilled in business law who can guide them through contracts, due diligence, and other essential legal steps,” says Ken LaMance, LegalMatch’s General Counsel.

 

LegalMatch doesn’t stop at attorney connections. Its Online Law Library has a wealth of resources on business acquisition. Consumers can gain valuable insights into reviewing purchase agreements, the benefits of buying an existing business, negotiating terms, and more.

 

With LegalMatch, aspiring entrepreneurs are equipped with the tools and knowledge they need to successfully navigate the challenges of business acquisition, setting the stage for future growth and success.

 

About LegalMatch.com

 

LegalMatch is the nation’s oldest and largest online legal lead-generation service. Headquartered in Reno, Nevada, LegalMatch helps people find the right lawyer and helps attorneys find new clients. LegalMatch’s service is free to individuals and small businesses looking for legal help. For more information about LegalMatch, please visit our website or contact us directly.

Media Contact

Organization: LegalMatch.com

Contact Person: Ken LaManace

Website: https://www.legalmatch.com/

Email: Send Email

Contact Number: +14159460856

City: Reno

State: NV

Country: United States

Release Id: 03012522183

The post Business Acquisitions: Expert Legal Advice and Resources appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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.

Continue Reading

Press Release

GWM’s Hi4 Off-Road Family Takes Over LIWA: A Journey Through Adventure and Innovation

Published

on

China, 3rd Jan 2025 – 28th December, 2024, at the prestigious LIWA Hero Festival in the Middle East, GWM’s TANK 500 Hi4 Z edition lead the charge and made a bold and unforgettable entrance, capturing the attention of off-road enthusiasts and global fans alike. Through an exciting series of events, numbers of renowned KOLs and influencers as they embark on a journey with the GWM off-road family, showcasing the brand’s unmatched off-road capabilities and celebrating its groundbreaking Hi4-Z technology. This experience transcends mere driving—it’s a testament to China’s leadership in off-road innovation, creating a new standard in the global off-road community.

In the golden sands of the Liwa Desert, where the dunes stretch as far as the eye can see, the 2024 Liwa Hero Festival became the stage for Great Wall Motor (GWM) to redefine off-road excellence. With the TANK 500 leading the charge, GWM once again demonstrated its commitment to pushing the boundaries of innovation, proving that Chinese engineering is a force to be reckoned with on the global stage.

This year’s festival brought together off-road enthusiasts, automotive experts, and influencers from across the globe. Amid the desert’s demanding terrain, the TANK 500 emerged as a star, showcasing its advanced Hi4-Z hybrid platform and delivering an awe-inspiring performance that sparked global conversations across social media.

The Liwa Desert: A Test of True Off-Road Prowess

The Liwa Desert, nestled in the UAE, is home to some of the world’s most challenging off-road terrains. Renowned for its towering sand dunes like the iconic Moreeb Dune, also known as the “Tall Hill,” this desert offers a unique blend of natural beauty and extreme difficulty. Moreeb Dune rises to over 300 meters, with a slope gradient exceeding 50 degrees, making it a true test of any vehicle’s capability. Other formidable challenges include: Sabkha (Salt Flats): These deceptive, flat surfaces demand high traction control and stability due to their soft, shifting layers. Slip Faces: Sudden drops and steep inclines require precise torque distribution and power management. Deep Sand Traps: These stretches test a vehicle’s ability to maintain momentum without losing traction. Each of these features makes the Liwa Desert an unforgiving environment, ideal for proving the mettle of GWM’s off-road vehicles.

The TANK 500 turned heads at the festival, not only for its commanding design but also for its revolutionary Hi4-Z hybrid platform, which has redefined what an off-road vehicle can achieve. As the first platform of its kind, Hi4-Z combines raw power with cutting-edge hybrid efficiency, tailored specifically for extreme conditions.

Moreeb Dune, one of the most famous and steepest dunes in the Liwa Desert, rises at an almost vertical angle of 50 degrees. It’s here that the TANK 500’s Hi4-Z system truly shines, effortlessly climbing steep inclines and tackling the toughest sand conditions with its strong torque and power output. The Hi4-Z system delivers a combined power output of 715 kW, allowing the TANK 500 to accelerate from 0 to 100 km/h in just 4 seconds. This power, paired with a 3-speed DHT transmission, ensures seamless gear shifts and optimal performance across various terrains.

As the convoy ventures through the desert, deep sand pits, sand dune valleys, and rapid dune crossings test both the vehicles’ capabilities and the drivers’ skills. The TANK 500, with its advanced suspension system and Hi4-Z hybrid system, absorbs the shock of the deep sand valleys, providing a smooth and stable ride even in the most unpredictable conditions. The Hi4-Z platform’s torque distribution between the electric and combustion engines ensures that no terrain is too difficult to navigate. With a pure electric range of 200+ km, the TANK 500 offers an eco-friendly yet powerful solution for extended adventures. Its fast-charging capability adds 120 km of range in just 15 minutes, ensuring minimal downtime during long off-road expeditions.

Next, the spotlight shifts to the Moresha Dune Challenge, where the TANK 500 leads the pack, charging ahead with its striking red exterior. As it takes on the famous dunes, KOLs drove TANK 500s to take on some of the most challenging off-road conditions. The TANK 500’s remarkable performance is on full display, easily outpacing other vehicles, thanks to the TANK 500’s body-on-frame body structure and high-strength chassis, as they were critical in tackling steep inclines and uneven surfaces, providing unmatched durability and stability in the harsh desert environment. Meanwhile, a high-density 234 Wh/kg lithium-ion battery, the Hi4-Z platform supports superior energy efficiency and discharge power, outperforming other plug-in hybrid vehicles in its class.

Celebrating the Off-Road Family: A Festival of Innovation and Unity

The Liwa Hero Festival also provided a platform to showcase GWM’s full range of off-road vehicles, including the TANK 300, HAVAL H9, and POER series. Each model highlighted GWM’s commitment to creating vehicles that cater to diverse off-road needs, from family-friendly adventures to professional-grade challenges.

One of the event’s most anticipated moments is the User Gala, where key GWM executives, take the stage to discuss the brand’s achievements and future. As the leaders highlight the impact of GWM’s off-road family and the success of the TANK 500, KOLs share their thoughts, recapping the most memorable moments of the event.

The festival kicked off with a comprehensive exhibition of GWM’s off-road family. Influencers and KOLs provided real-time reviews, delving into the design, performance, and technological advancements of the TANK 500 and its siblings. Attendees also had the chance to interact with GWM’s technical experts, gaining insights into the mechanics behind the Hi4-Z and Hi4-T platforms.

Over 28 GWM vehicles formed a convoy, parading through the dunes and creating an awe-inspiring spectacle. The convoy’s finale featured the vehicles forming the GWM logo, symbolizing unity and innovation—a moment that quickly went viral online. The highlight of the festival saw the TANK 500 take on the legendary Moresha Dune. With its iconic red finish, the vehicle led the pack, climbing the steep incline effortlessly, thanks to its exceptional torque and power distribution. This feat solidified the TANK 500’s reputation as a true off-road champion. GWM invited enthusiasts and vehicle owners to share their personal off-road stories, creating a sense of community and global connection. Their tales, combined with live demonstrations, showcased the TANK 500’s versatility in real-world scenarios. The festival concluded with a vibrant gala, featuring local music, cuisine, and a campfire gathering. GWM executives emphasized the company’s vision for global collaboration and cultural exchange, ensuring that the TANK 500 represents not just technology but also a bridge between diverse communities.

The success of the TANK 500 at the Liwa Hero Festival marks a turning point in how Chinese vehicles are perceived globally. GWM is not merely exporting products; it is sharing a vision of off-road culture that resonates with enthusiasts worldwide.

From the deserts of the Middle East to the rugged trails of Australia and the forests of North America, GWM is integrating localized insights into its vehicle designs. This global approach ensures that each model meets the unique demands of its market while preserving its core identity as a high-performance off-road machine. As GWM continues to innovate, the TANK 500 and the Hi4-Z platform represent only the beginning of a broader strategy to lead the global off-road market. By embracing a philosophy of long-termism and professional dedication, GWM is setting new standards for hybrid technology, sustainability, and user experience.

What’s Next for GWM?

– Diverse Powertrain Options: Expanding the Hi4-Z platform to include more solutions in the Hi4 Tech Family, catering to a wide range of user preferences and environmental needs.

– Global Expansion: Establishing localized manufacturing and service centers, ensuring that GWM’s vehicles and expertise are accessible to enthusiasts worldwide.

– Community Building: Strengthening the bond between GWM and its users through immersive experiences like the Liwa Hero Festival, fostering a global community of off-road enthusiasts.

The TANK 500’s triumphant performance at the Liwa Hero Festival is more than just a milestone for GWM; it’s a call to action for off-road enthusiasts worldwide. Whether you’re scaling dunes, navigating forests, or embarking on urban adventures, GWM invites you to be part of a journey where innovation meets passion and where every terrain is a new opportunity to push boundaries.

Stay connected with GWM for more updates on its groundbreaking vehicles and initiatives. Together, we’re not just driving change—we’re redefining the future of off-roading.

Learn more: https://youtu.be/Dq3Ffni3-OU?si=Bm7JKMfYl_me9GK2

Media Contact

Organization: GWM

Contact Person: Carol Wang

Website: https://www.gwm-global.com

Email: Send Email

Country: China

Release Id: 03012522179

The post GWM’s Hi4 Off-Road Family Takes Over LIWA: A Journey Through Adventure and Innovation appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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.

Continue Reading

Press Release

Mega Seating Plan Unveils AI-Driven Platform to Revolutionize Classroom Management

Published

on

Mega Seating Plan, a UK-based company, has introduced a new AI-powered platform to simplify classroom management for teachers worldwide. With over 145,000 educators in 183 countries already using its tools, the platform creates data-driven seating charts designed to improve student behaviour and learning outcomes.This platform allows teachers to generate seating plans automatically, incorporate student preferences using QR codes, and track behaviour and achievements directly from their seating charts. It also integrates smoothly with all major school management systems, making it easy to sync teacher, class, and student data.Founded in 2015 by former teacher Rob Cowen, Mega Seating Plan was developed to save teachers time and improve classroom organisation. The platform has been widely praised, winning EdTech Impact’s “Top Student Wellbeing Tool 2025” award and becoming a favourite for classroom management.For more details, visit www.seatingplan.com or email Rob Cowen at rob@seatingplan.com.

Mega Seating Plan, a leader in classroom seating chart software, proudly announces the launch of its cutting-edge AI-powered platform designed to elevate classroom management for educators around the globe. Spearheaded by Rob Cowen, CEO and founder of Mega Seating Plan, the platform serves over 145,000 teachers across 183 countries, making creating data-driven seating charts that improve behaviour and learning outcomes easier.

Innovative Features for Educators
Mega Seating Plan introduces a suite of innovative tools aimed at simplifying classroom management:

AI-Powered Seating Arrangements: Advanced algorithms automatically arrange students based on individual data, preferences, and teacher expertise—delivering optimal seating charts in seconds.

Student Preference Integration: Students can scan unique QR codes to share seating preferences and identify compatible peers, fostering a more supportive learning environment.

Behaviour Management Tools: Teachers can log achievement and behaviour events directly from their seating plans, integrate data with existing Management Information Systems (MIS), and track trends to promote positive development.

Customisable Classroom Layouts: Easily design or share classroom layouts, allowing educators to tailor seating arrangements to their unique spaces.

Recognition for Excellence
Mega Seating Plan has earned widespread acclaim, receiving EdTech Impact’s “Top Student Wellbeing Tool 2025” award based on glowing reviews from educators. It also ranks as the top-rated tool for organisation and classroom management.

Seamless Integration with MIS/SIS Platforms
The platform is fully compatible with all major MIS/SIS systems, easily synchronising teachers, classes, and student data.

Designed by a Teacher for Teachers
A former teacher, Rob Cowen, founded Mega Seating Plan out of frustration with manually creating seating charts. His mission was simple: to free up teachers’ time so they can focus on what matters most—teaching.

“The goal of Mega Seating Plan is to handle the administrative tasks so that teachers have more time to plan, mark, and teach,” said Cowen. “Our platform makes seating plans, homework tracking, and behaviour management so much easier.”

About Mega Seating Plan
Founded in 2015, Mega Seating Plan is a UK-based company committed to developing innovative classroom management tools that empower educators worldwide.

For more information, visit www.seatingplan.com or contact Rob Cowen at rob@seatingplan.com.

Media Contact

Organization: Seating Plan

Contact Person: Rob Cowen

Website: https://www.seatingplan.com/

Email: Send Email

City: Manchester

Country: United Kingdom

Release Id: 03012522196

The post Mega Seating Plan Unveils AI-Driven Platform to Revolutionize Classroom Management appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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.

Continue Reading

LATEST POST