Press Release
YieldNest and Origin Announce Merger of primeETH to ynLSD
Driving Innovation in DeFi with a Strategic Merger
In a groundbreaking move, YieldNest announced the merger of PrimeStaked’s Liquid Restaking Token (LRT), primeETH, into YieldNest’s much anticipated ynLSD product. This collaboration marks a significant step forward in the DeFi landscape by providing primeStaked users with YieldNest’s advanced technology to offer unparalleled benefits. This aligns with YieldNest’s vision of becoming the premier liquid management and programmatic yield layer of restaked DeFi assets.
To celebrate, YieldNest is providing exclusive benefits to primeETH users and additional access to YieldNest’s community incentives, which are anticipated to be over 60%.
PrimeStaked: A Journey of Innovation & Commitment
PrimeStaked, an initiative by Origin Protocol, is always striving to stay at the forefront of the evolving DeFi industry. From its inception, PrimeStaked has been dedicated to providing users with benefits, constantly innovating to enhance the user experience. This merger with YieldNest ensures that PrimeStaked users remain on top of the industry, benefiting from enhanced opportunities.
YieldNest: Shaping the Future of Restaking
YieldNest is renowned for its innovative approach and cutting-edge technology, setting new standards in the industry with the backing of notable angels including the founders of Curve (Michael Egorov), Convex (Winthorpe & C2TP), Frax (Sam Kazemian), Kyber (Loi Luu), Algorand (Steve Kokinos), Yearn (Wavey), Moralis (Ivan on Tech) and others.
Committed to building a sustainable product designed for long-term success, YieldNest offers unique solutions such as controlled AVS Exposure with YieldNest/External curated LRTs and isolated LRTs that wrap around multiple restaking protocols. YieldNest’s products focus on providing real, secure, and maximum risk-adjusted returns.
YieldNest is pioneering with ynLSD (ynLSDe, ynLSDs) & ynUSDs
In line with the primeETH merger, YieldNest will be launching its new products:
ynLSD is YieldNest’s innovative Liquid Restaking Derivative (LSD) designed to optimize user yields by leveraging other DeFi tokens, like OETH. LSDs allow users to stake their assets while retaining liquidity, meaning they can still use their staked assets in other DeFi activities. YieldNest’s first ynLSD offering will be:
- ynLSDe – the liquid restaking solution on EigenLayer, designed to unlock the next generation of ETH yields and EigenLayer rewards. Leveraging EigenLayer’s infrastructure to provide users with superior yield opportunities through custom-tailored restaking strategies.
- ynLSDs – an innovative approach to restaking within the Symbiotic ecosystem. The ynLSDs token utilizes Symbiotic’s infrastructure to provide users with access to outstanding yield and Symbiotic rewards opportunities.
ynUSDs – is designed to deliver competitive yields and Symbiotic rewards on USD-denominated assets with risk-adjusted returns through innovative strategies tailored to the unique characteristics of stablecoins.
YieldNest aims to fully transition to a DAO and sub-DAO structure for community decision-making. The goal is to create a self-sustaining, decentralized protocol that can operate independently of the core team. The governance structure features chambers, each managed by elected leaders based on staked YND tokens, with each chamber voting on specific categories of issues. This transition emphasizes the importance of community-aligned token distribution, gradually transferring power to the community, making YieldNest a fully decentralized liquid restaking protocol that can operate, maintain, and grow itself from within.
YieldNest’s vision is expansive, aiming to shape the future of restaking by delivering comprehensive insights into all associated risks. With its independent risk team and audits for top-tier auditors, providing more security and stability for its users. This merger will introduce primeETH users to a new network of opportunities, enhancing their ecosystem and offering additional yield and rewards through protocols like EigenLayer and future partners like Symbiotic.
Combining Strengths for a Promising Future
This merger is more than a strategic alliance; it is a logical next step in the journey of both YieldNest and PrimeStaked.
PrimeStaked users will now have access to YieldNest’s superior technology and innovative products, ensuring they remain at the cutting edge of the DeFi industry. This collaboration is set to create a more robust, secure, and rewarding environment for all users, paving the way for a brighter future.
To celebrate and reward all loyal primeETH adopters who migrate to YieldNest, primeETH users receive exclusive benefits, which are only available for a limited time:
- PrimeStaked YieldNest Airdrop
- YieldNest Seeds Bonus (+5% bonus for primeETH users)
- Receive Pioneer NFT + 15% Permanent Boost (Migrated 5 OETH or more)
- Receive AVS/Network Yields & Airdrops
- And many others…
For all the migrated primeETH users and YieldNest’s native users, YieldNest anticipates that the total airdrop allocation will be no less than 15% of the total supply of YND and aims to increase the amount allocated to airdrops contingent upon TVL increasing over time with a target of being one of the most generous airdrops to hit the market in the restaking vertical with community incentives anticipated to be over 60%.
Want to join YieldNest’s anticipated airdrop? Make sure you start restaking via YieldNest’s platform now!
About YieldNest:
Led by industry veterans, YieldNest aims to be the top liquid restaking solution, unlocking next-gen strategies and establishing itself as the leading protocol for liquid restaked assets.
About PrimeStaked, an initiative by Origin:
Prime Staked ETH (primeETH) is a liquid restaked token (LRT) by Origin, that provides liquidity for assets that have been deposited into EigenLayer.
For press inquiries concerning YieldNest, please contact media@yieldnest.finance.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
MEXC Concludes Exclusive Supercar Giveaway, Highlighting Commitment to Excellence and User Experience
Seychelles, December 31, 2024 – MEXC, a global leader in cryptocurrency trading platforms, has successfully concluded its month-long 2024 Supercar Giveaway event. The event saw overwhelming participation from over 120,000 users worldwide, highlighting MEXC’s strong global presence and broad user base in the cryptocurrency market.
The Supercar Giveaway event, which concluded on December 18, 2024, saw an impressive 125,020 participants and unlocked a prize pool totaling 6,000,000 USDT. Throughout the event, 1,117,429 daily scratch-offs, 17,456 weekly draws, and 6,822 lucky tickets were awarded to participants. The winners have been officially announced, with the results now published in the Announcement Center for transparency and public oversight.
MEXC pioneered the use of Bitcoin block hash values to determine the grand prize winner, ensuring unparalleled transparency and fairness in the process. The coveted grand prize, a luxury supercar valued at 500,000 USDT, was awarded to the lucky participant whose ticket number (05980) was the closest to the final five digits (27980) of the hash of the first Bitcoin block generated after 20:00:00 UTC+8 on December 17, 2024. Other exciting prizes included coveted Rolex watches, luxurious Louis Vuitton products, and Apple MacBooks.
In a grand gesture of appreciation for its users, MEXC hosted an exclusive offline supercar award ceremony. The highlight of the event was the presentation of a Lamborghini, valued at 500,000 USDT, to the lucky grand prize winner, Coincheatkey. Overwhelmed by the win, Coincheatkey expressed, “I feel incredibly lucky! This event really showcases MEXC’s commitment to rewarding its community. I am overjoyed to have won the grand prize in this Supercar Giveaway.” MEXC representatives emphasized the company’s commitment to user satisfaction, stating, “Just as driving a supercar represents the pinnacle of automotive excellence, MEXC strives to provide users with an industry-leading Futures trading experience characterized by exceptional liquidity and seamless execution. This commitment to high liquidity is a core principle that the MEXC team has consistently upheld.”
The success of this event underscores MEXC’s dedication to user appreciation and innovation. By offering both sincere gratitude and valuable rewards, MEXC demonstrated its commitment to fostering a thriving and rewarding community. This commitment to user satisfaction is further reflected in MEXC’s core values: providing users with the easiest way to crypto through access to the most trending tokens, daily airdrops, extremely low fees, and comprehensive liquidity. MEXC remains dedicated to creating an exceptional trading experience for all users.
About MEXC
Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Known for its extensive selection of trending tokens, airdrop opportunities, and low fees, MEXC serves over 30 million users across 170+ countries. With a focus on accessibility and efficiency, our advanced trading platform appeals to both new traders and seasoned investors alike. MEXC provides a seamless, secure, and rewarding gateway to the world of digital assets.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Bety.com Reshapes the Casino Industry with Unmatched User Perks and Original Crypto Games
Paranaque City, Philippines, Dec 31, 2024, ZEX PR WIRE, Bety.com, the first decentralized casino to enter the Web3 scene, continues to lead the revolution in the online casino industry. The platform has been at the forefront of innovation in blockchain-based casinos since its inception. As part of its ongoing development, the team reveals an enhanced offer proving why crypto casinos outrank traditional casinos in terms of user experience and perks.
An Unmatched Offer of Crypto Games
Bety.com stands out as one of the most versatile crypto casinos in the Web3 landscape. As one of the pioneers in blockchain casinos, Bety.com built a solid reputation for gaming diversity and unequaled entertainment. The platform offers a wide selection of classic casino table games, including poker, blackjack, baccarat, craps, roulette, and more. A rich collection of slots, live casino games, Bingo, and game shows round off a unique and engaging offer.
Bety.com hosts 10,000+ games from reputable developers, including PGSoft, Evolution Gaming, Evoplay, Yggdrasil, Red Tiger, EG Games, and many more. These games are available in its casino and sportsbook. They are constantly updated to incorporate the latest industry trends and technological breakthroughs.
Here is some selections of the games Bety.com offers
Slots: With over 3,000 online slots, Bety.com offers something for every player. Explore classic three-reel slots or dive into the latest video slots packed with bonus features and the chance to win big.
Live Casino Games: Experience the thrill of a real casino from home with bety.com’s vast variety of live dealer games. Play Blackjack, Roulette, Baccarat, Gonzo’s Quest and more, streamed live with professional dealers.
Sportsbook: Bety.com offers a comprehensive betting platform covering a wide range of sports and esports. Traditional sports like soccer, basketball, and tennis are featured alongside niche options such as darts, snooker, and volleyball. Esports enthusiasts can wager on over 300 events across multiple popular games, including League of Legends and Dota 2. The platform also supports live betting, enabling users to place bets in real-time for a dynamic and engaging experience.
Original Bety.com Casino Games
One of the most visited sections at Bety.com is the “Originals” casino gaming page. This part hosts several in-house games with exciting gameplay and appealing RTP rates. Bety.com features its own versions of Plinko, Wheel, Keno, Limbo, Dice, Mines, Coinflip, and more. All of them have a remarkable 98% RTP, inviting players to indulge in their favorite casino games with a Bety.com twist.
Many crypto enthusiasts choose Bety.com for its standout selection of hash games, including Hash Banker Player, Hash Bull, 3-Min Bull, 1-Min Banker Player, and more. These blockchain casino games are an upgrade of traditional casino games, allowing players to predict hash intervals with numerous betting options.
Lastly, Bety.com provides a generous offer of crypto up-down casino games. These exciting games allow players to have substantially high leverage levels of up to 1,000x, generating the opportunity for high returns.
Why Players Choose Crypto Casinos Over Traditional Platforms
The advent of blockchain technology has changed the outlook for numerous industries, including the online betting sector. For decades, traditional online casinos had no competition and, thus, failed to evolve and meet the increasing demands for a better user experience.
As one of the first blockchain casinos, Bety.com saw how it can play a game-changing role in an industry hungry for innovation. The platform rose to the challenge, improving every aspect of the online casino gaming experience. Moreover, it developed its own original games, increased betting options, and boosted transparency and trust. Its probably fair game mechanics established one of the highest standards for fairness in the industry.
Meanwhile, traditional online casinos face the same challenges they did years ago. These platforms are famous for slow payouts, high deposits and withdrawal fees, and improvable game fairness and outcomes. More importantly, traditional casinos can take between 3 and 7 days to process withdrawals, depending on the user’s choice.
On the other hand, Bety.com processes payouts in only a few minutes, sometimes instantly, depending on the blockchain network’s congestion. It also facilitates instant Bitcoin deposits and withdrawals. Players can verify the fairness of each game on the platform’s dedicated verification page, using both server-side and client-side seeds and the cryptographic nonce.
Reshaping the Casino Gaming Industry’s Future
Bety.com allows crypto enthusiasts to play in complete anonymity and privacy. The platform guarantees equal winning odds for all players. It also supports quick deposits and withdrawals, provable fair game odds and outcomes, an exclusive VIP program, and high-quality, 24/7 customer support.
The platform’s rich selection of original, in-house game productions and games from prestigious developers caters to high-end players. The appealing offer of betting options and high-leverage opportunities confirm why thousands of expert players visit it daily.
Ultimately, Bety.com aims to reshape the casino gaming industry through maximum fairness, optimal security, and highly entertaining gaming options. To this end, it combines the best developments in casino gaming with a unique, user-centric approach to deliver a standout playing experience.
About Bety.com
Bety.com is the first decentralized crypto casino offering blockchain-based casino games and a versatile sportsbook. The platform employs cutting-edge technology to provide knowledgeable and responsible players a safe, secure, and rewarding gaming experience. Users benefit from numerous perks, including frequent promotions, cashback options, and bonuses.
Bety.com is owned and operated by 12 Stars International Gaming Solutions Limited, a company established in Seychelles. The website is also licensed and regulated by the Government of the Autonomous Island of Anjouan, Union of Comoros.
You can visit Bety.com at its official website or follow the platform’s latest developments on its dedicated social media channels: X (Twitter) | Telegram | Discord | Facebook |
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
AXBIZ CONSULTING: FULL SERVICER MICROSOFT ERP SOLUTION PROVIDER WITH GLOBAL ROLLOUT CAPABILITIES
Dallas, TX, USA – December 31, 2024 – AxBiz Consulting proudly announces its continued dedication to delivering exceptional Microsoft ERP solutions. Renowned for its niche expertise and global rollout experience, AxBiz Consulting ensures that clients receive tailored solutions and the best value for their business needs.
Championing Customer Value
At AxBiz Consulting, we act as champions for our customers, going above and beyond to ensure they receive optimal solutions. Our commitment to client satisfaction is evident in every project we undertake.
D365BC and D365F&O ERP Projects
Specializing in both Dynamics 365 Business Central (D365BC) and Dynamics 365 Finance & Operations (D365F&O), AxBiz Consulting provides top-tier ERP project implementation. Additionally, we excel in rescuing projects that have veered off course, bringing them back on track with our expertise.
Migration from Great Plains
As Great Plains reaches its end of life, businesses seeking modern ERP solutions should consider migrating to Dynamics 365 Business Central (D365BC) with AxBiz Consulting. Our team ensures a smooth transition, leveraging our deep knowledge and experience to provide seamless integration and enhanced functionality.
Secure Private Cloud Solutions
For clients seeking high-security solutions, AxBiz Consulting offers Secure Private Cloud through our trusted partners. This ensures that your business data remains protected and compliant with the highest security standards, providing peace of mind in a digital world.
On-Time and On-Budget Delivery
We understand the critical importance of delivering projects on time and within budget. Our proven methodologies and experienced team ensure that every project is executed with precision and efficiency. If these qualities are essential to your business, look no further than AxBiz Consulting.
About AxBiz Consulting
With a vision to transform businesses through advanced ERP solutions, AxBiz Consulting has established itself as a trusted partner for companies worldwide. Our focus on Microsoft ERP solutions and our demonstrated global rollout experience make us a leader in the industry. When asked about the key to their success in delivering successful projects, Aijaz Qureshi, the managing partner, replied, “While having a thorough understanding of ERP software functionality is a fundamental requirement for any consultant, it is our extensive experience at every level of the organization that truly sets us apart. This deep knowledge of transaction flows and business operations across diverse industries is what I believe sets us apart from other consulting firms.”
AxBiz Consulting provides not just Microsoft ERP consulting and implementation services, but also a wider range of mergers integration consulting services.
For more information about AxBiz Consulting and our services, please visit our website at www.axbiz.com.
Contact Information:
Email Address: info@axbiz.com
Contact Name: Aijaz Qureshi
Company Name: AxBiz Consulting
Phone Number: +214 884 8778
Postal Address: Dallas, TX, USA
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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