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

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4 years ago

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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!

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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

UP Liquidation Pallets to Host Educational Event on Amazon Liquidation Pallets Featuring New Product Offerings

Published

60 minutes ago

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March 14, 2025

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UP Liquidation Pallets announces an educational event focused on Amazon liquidation pallets, scheduled for April 15, 2025, at 5851 W 34th St, Houston, TX. This event aims to provide insights into the purchasing and resale processes of liquidation pallets, with a special emphasis on the introduction of passport covers and bags as part of their product offerings.

Houston, TEXAS, United States, 14th Mar 2025 – The session will explore the mechanics of buying liquidation pallets, which consist of returned merchandise, overstock, and excess inventory from major retailers. Participants will learn how to evaluate these pallets for potential resale value, equipping them with the knowledge needed to navigate this growing market.

“We recognize the importance of educating our community on the benefits and processes involved in purchasing liquidation pallets,” said Scott Peterson, Relationship Manager of UP Liquidation Pallets. “By hosting this event, we aim to provide valuable resources that can assist individuals in making informed decisions and maximizing their investment.”

Attendees will have the opportunity to engage with experts who will discuss best practices for evaluating liquidation pallets, as well as strategies for reselling items effectively. The event will also include a showcase of new products, including including passport covers designed to protect important documents and bags that cater to various consumer needs.

Key Features of the Event

  1. Expert Presentations: Industry professionals will share their knowledge on the liquidation market, offering insights into current trends and strategies.
  2. Demonstrations: Live demonstrations will be conducted to illustrate how to assess liquidation pallets and identify high-quality merchandise.
  3. Product Showcase: Attendees will have the chance to view and learn about the new passport covers and bags available through UP Liquidation Pallets.
  4. Networking Opportunities: Participants will have the chance to connect with other resellers and industry professionals, fostering community engagement.

Registration Details

The event is free to attend, but registration is required to ensure proper accommodations. Interested individuals can register through the UP Liquidation Pallets website or by contacting the company directly.

Conclusion

UP Liquidation Pallets is committed to providing valuable resources to the community. This educational event presents an opportunity for individuals to gain insights into the liquidation market while exploring new product offerings.

Media Contact

Organization: Liquidation Pallets

Contact Person: Scott Peterson

Website: https://upliquidationpallets.com/

Email: Send Email

Contact Number: +19293677910

Address: 5851 W 34th St

City: Houston

State: TEXAS

Country: United States

Release Id: 14032525086

The post UP Liquidation Pallets to Host Educational Event on Amazon Liquidation Pallets Featuring New Product Offerings 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

FortBlockGames: Revolutionizing GameFi with Blockchain-Powered Gaming Ecosystems

Published

2 hours ago

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March 14, 2025

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In the ever-evolving landscape of gaming, FortBlockGames (FBG) is making waves by seamlessly merging blockchain technology with immersive and competitive gameplay. With a strong vision to empower gamers and reward their skills, FBG introduces an ecosystem that brings new levels of strategy, engagement, and community-driven experiences. At the forefront of this innovation is TAKEOVER, a cutting-edge first-person shooter (FPS) that integrates blockchain elements for enhanced player ownership and engagement.

The Future of Competitive FPS: TAKEOVER

Developed with Unreal Engine 5, TAKEOVER delivers stunning visuals and fluid, action-packed gameplay designed to captivate FPS enthusiasts. The game offers two dynamic modes:

  1. TAKEOVER: Battles – A free-to-play (F2P) shooter that provides an accessible and fast-paced experience without token gating.
  2. TAKEOVER: Factions – A blockchain-powered metaverse mode where players strategically upgrade bases, engage in large-scale battles, and compete for valuable token prizes.

Players can personalize their loadouts, compete in ranked matches, and participate in esports-style tournaments, all while leveraging the $FBG token for exclusive in-game assets and rewards. The integration of Immutable X’s blockchain technology ensures secure transactions and true ownership of in-game items, giving players control like never before.

A Community-Driven Gaming Ecosystem

FBG is not just about creating thrilling gameplay—it’s about fostering a community that extends beyond the PC experience. Through the Takeover Community Campaign, players can join factions, complete missions, and earn rewards through a token-gated experience hosted on Telegram. Future expansions will transition this initiative to a dedicated app, providing an even more immersive environment for players to interact and shape the game’s narrative.

Beyond the TAKEOVER universe, FBG has developed additional titles on Fortnite and Roblox to expand its reach and engage a broader audience. Players can enjoy:

  • Gator District (Fortnite): A high-stakes team deathmatch with hidden bosses and treasures.
  • Fort Wars (Fortnite): A competitive action-tycoon game where players battle for control of a dystopian theme park’s treasure vault.
  • When Burgers Attack! (Roblox): A fast-paced platformer where players must escape a world overrun by monstrous burgers.
  • Help My Friend! (Roblox): A cooperative puzzle adventure that emphasizes teamwork and strategy.

Esports Meets Blockchain: The EsportPlayer Connection

FBG’s commitment to competitive gaming extends to EsportPlayer, a unique streaming platform designed to unite streamers and fans through watch-to-earn mechanics. This integration offers exciting opportunities for gamers to earn $ESPORT tokens, participate in leaderboard competitions, and interact with top-tier esports events. By bridging esports and blockchain gaming, EsportPlayer enhances engagement and monetization opportunities for both players and content creators.

The Power of $FBG Token

The $FBG token plays a central role in the FortBlockGames ecosystem, serving as a currency for:

  • Battle Passes & Exclusive Skins
  • Skill-Based Wagering
  • Market Resale of In-Game Items
  • XP Boosts & Elite Bundles

Security is a top priority for FBG, ensuring locked liquidity pools and transparent smart contract governance to protect investors and players. The contract is designed for fairness, with initial anti-sniping measures and tax reductions for sustainable long-term growth.

Building the Future of GameFi

Looking ahead, FortBlockGames envisions seamless integration between traditional gaming and blockchain technology, positioning TAKEOVER as a top-earning free-to-play live service game. Key milestones for the next five years include:

  • Expansion to consoles for wider accessibility.
  • Deeper integration of blockchain-powered esports and GameFi mechanics.
  • Growth of community-driven campaigns and faction-based battles.
  • Development of a dedicated Takeover Community App to enhance engagement beyond the game.
  • Expansion of the FortBlockGames narrative universe into cross-media storytelling, including streaming content and merchandise.

Join the Revolution

FortBlockGames is more than just a gaming company—it’s a movement dedicated to redefining competitive gaming through innovation and community engagement. By embracing blockchain technology, FBG offers players unprecedented ownership, strategic depth, and rewarding gameplay experiences.

Experience the next evolution of competitive shooters—Welcome to FortBlockGames!

 

Website: https://fortblockgames.com/ 

X: https://x.com/FortBlockGames 

TG: https://t.me/+UXApDkYgDK1mMjFh 

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Press Release

Modern Barber Supply Expands Premium Tool Collection as Professional Client Base Triples

Published

2 hours ago

on

March 14, 2025

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Barber-Owned Company Unveils Exclusive Partnership with Top Tool Manufacturers and Same-Day Shipping Program to Meet Growing Demand

Richardson, Texas, United States, 14th Mar 2025 – Modern Barber Supply (modernbarbersupply.com), the barber-owned and operated premium tools provider, today announced a significant expansion of its professional-grade product lineup alongside the launch of its “Pro Ship” same-day delivery service. This expansion comes as the company reports a 200% year-over-year growth in its professional client base, solidifying its position as the trusted source for authentic, high-performance barber tools and equipment across the United States.

The expanded collection introduces over 50 new professional-grade tools, including exclusive colorways and limited-edition versions of industry-leading clippers, trimmers, and shavers from brands like BaBylissPRO, Wahl, StyleCraft, and Gamma+. Additionally, the company has enhanced its salon furnishings category with premium barber chairs and workstations designed for the modern professional.

“As working barbers ourselves, we understand that having the right tools isn’t just about convenience—it’s about craftsmanship, reputation, and livelihood,” said The Founder and CEO of Modern Barber Supply. “Our expansion reflects our commitment to providing professionals with authentic, reliable tools that deliver consistent results. We’re not just selling products; we’re supporting the art and business of barbering with tools we personally test and stand behind.”

The company’s growth comes at a time when the professional barbering industry is experiencing unprecedented demand, with the market for premium barbering tools projected to reach $8.5 billion globally by 2026 according to industry analysts. Modern Barber Supply has positioned itself at the forefront of this growth by focusing exclusively on professional-grade equipment backed by extensive testing and barber-centered customer support.

The newly launched “Pro Ship” program guarantees same-day shipping on orders placed before 2 PM EST, addressing a critical pain point for working professionals who can’t afford equipment downtime. This service enhancement comes in response to feedback from the company’s professional customer base, who cited quick replacement of essential tools as a top priority.

“Modern Barber Supply has become indispensable to our operation,” said James Wilson, owner of Executive Cuts, a five-location barbershop chain in the Southeast. “The difference in quality between their authentic professional tools and what’s available elsewhere is immediately noticeable in our work. Their understanding of what professionals need—from equipment selection to how quickly we need replacements—has made them our exclusive supplier for all six of our locations.”

The company’s growth strategy includes a strong emphasis on education and community building. The expansion announcement coincides with the launch of their “Cut Above” educational content series featuring technique videos, tool maintenance guides, and business development resources specifically for barbering professionals.

“The professional barbering community has evolved dramatically in recent years, with higher client expectations and more specialized services becoming the norm,” noted Sarah Jenkins, Industry Analyst at Professional Beauty Insights. “Modern Barber Supply has successfully tapped into this evolution by offering not just premium tools but also the knowledge and support professionals need to maximize their investment in those tools. Their growth reflects the industry’s increasing emphasis on quality and expertise.”

The company’s commitment to authenticity in a market plagued by counterfeits has resonated strongly with professionals. Modern Barber Supply maintains direct relationships with manufacturers and implements rigorous verification processes to ensure every product they sell is genuine—a particularly important consideration for professionals investing in high-end tools like the BaBylissPRO LITHIUMFX+ clipper/trimmer combo, StyleCraft Instinct Shaver, or Gamma+ X-Ergo Linear Cordless Clipper.

“Using counterfeit or substandard equipment can damage a barber’s reputation and business,” The Founder explained. “Our 100% authentic product guarantee means professionals can purchase with confidence, knowing they’re getting the genuine tools engineered to perform consistently through thousands of cuts.”

Beyond product quality, Modern Barber Supply has differentiated itself through flexible payment options designed for professional needs, including interest-free installment plans that allow barbers to invest in premium equipment without financial strain. This approach has proven particularly valuable for new professionals and shop owners equipping multiple stations.

The expanded product lineup is available immediately through the company’s website, with the “Pro Ship” same-day shipping program already operational. The company has also enhanced its hassle-free return policy to better accommodate professional testing requirements.

“We understand that tools need to feel right in a professional’s hands,” added The Founder. “Our enhanced return policy gives barbers the confidence to try new equipment without worrying about being stuck with tools that don’t match their cutting style or technique.”

Looking ahead, Modern Barber Supply plans to further expand its educational offerings and launch a professional membership program later this year, providing additional benefits to frequent purchasers including priority access to limited-edition tools, early product testing opportunities, and exclusive pricing.

Professionals interested in exploring the expanded product lineup can visit modernbarbersupply.com, where new arrivals are highlighted alongside best-sellers and limited-time professional deals.

About Modern Barber Supply

Modern Barber Supply is a barber-owned and operated provider of premium tools and equipment for professional barbers and stylists. Founded by working professionals, the company offers a curated selection of authentic, professional-grade products from leading manufacturers, backed by industry expertise and exceptional customer service. Committed to supporting the craft of barbering, Modern Barber Supply combines quality products, fast shipping, and professional insights to help barbers deliver their best work. The company serves thousands of professionals nationwide through its e-commerce platform at modernbarbersupply.com.

Media Contact

Organization: Modern Barber Supply

Contact Person: Modern Barber Supply

Website: https://modernbarbersupply.com

Email: Send Email

City: Richardson

State: Texas

Country: United States

Release Id: 14032525053

The post Modern Barber Supply Expands Premium Tool Collection as Professional Client Base Triples 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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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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