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Zild Protocol To Be Launched On World’s Fifth-Largest Exchange Bittrex Before Going Live

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4 years ago

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Moscow, Russia–ZILD Lending Protocol, which is a suite of decentralized protocols that support all sorts of ERC20 tokens lending, borrowing, and debt settlement capabilities, is about to launch on Bittrex. At present, there are more than 20,000 users on chain addresses who own the token. The lending protocol, which a prominent player in Decentralized Financial sector (DeFi), is slated to be launched on Bittrex, the world’s fifth-largest exchange, on May 13.

Zild Lending Protocol, which is due to go live on May 19, has been double-checked by the US audit firm Certik and the Chinese audit firm SlowMist. Zild, which has a strong community consensus, is expected to have more than 100,000 participants in its Zild Lending business after its launch. Zild has the basic features of the current mainstream DeFi money markets protocol. At the same time, Zild has introduced a new model in terms of the scope of asset support and risk prevention, which makes it more widely applicable and safe.

“At present, the existing money market protocols all adopt the Compound Single Pool model. Assets in the same pool can be each other’s collateral assets and borrowing assets. In this model, fluctuations in the value of any one asset spread to other assets in the pool. For example, a user deposits $10 million worth of asset A as collateral, and borrows $6 million worth of asset B. When the market price of A falls sharply to $4 million, the borrower who borrowed Asset B will choose not to repay the debt and simply give up the collateral asset. In this case, all users who deposit in Asset B will suffer a loss of $2 million”, said a core team member of Zild.

Unlike the Compound single pool model, Zild uses multiple pools. In multiple pools, the assets of different pools are insulated from each other. After depositing assets in Pool A, the user can only borrow out the assets supported by those from Pool A. For those assets with large market flow and relatively stable value, a pool of basic assets with large scale can be formed. For those assets whose volatility is huge or have not experienced sufficient value verification, a pool with small initial asset size can also be established by flexibly setting indicators such as collateral rate and liquidation penalty rate. The Zild protocol provides the possibility for long tail assets to enter the DeFi money markets field.

With the Zild protocol, each pool in each direction will optimize the interest rate with self-definition by the pool creator. The parameters for increasing interest rates will be configurable for each pool. This will allow for the creation of thousands of lending pools for any ERC20 token, creating the ability to go margin short on a large variety of tokens.

Over the past year or so, with the explosive growth of the Defi industry, more and more crypto assets have started to enter the DeFi space. Lending, swapping, and stablecoin are considered the three fundamental applications supporting the DeFi industry. Compared to the constant iteration of stablecoin on the algorithmic stablecoin model and the continuous innovation of AMM methodology on the DEXs, there were few significant innovations in the money markets in the past period of time. The launch of Zild may change that.

“Users can get liquidity without selling their cryoto. They won’t be forced to sell out their cryptocurrency and they can get enough liquidity for their business overheads and other expenses. Besides that, they can also yield on their crypto to get more liquidity. Using the Zild protocol is quite easy and simple. Users can simply earn interest on their crypto in a completely automated and non-custodial way”, said one of the development team members.

“They can also use their reputation to reduce collateral and avail of the best terms. In other words, they can simply act at their discretion in the decentralized financial market, just as they do in the traditional financial world, getting access to personal loans and overdrafts. As the protocol follows the zero-knowledge proof model, users won’t have to worry about disclosure of their identity to third parties. Not only that, they can also build their decentralized applications and other decentralized software products and earn money from their innovations. Users can easily scale their wallets and liquidity proofs and other kinds of decentralized exchanges on Zild. Zild was designed for rapid, effective and secure development of decentralized finance applications”, he added.

At present, the company offers six apps and solutions. ZILD.api is the interface for off-chain applications, designed for blockchain interactions. ZILD.wallet is the digital assets storage designed for the web and mobile. There’s also ZILD.rewards, which helps users to implement tokenized points and reward systems for loyalty programs. ZILD.influencers is another solution that helps users to rope in social media influencers to promote their dApps. ZILD.dex is the app token exchange developed by the team. The last one, ZILD-P2P, helps users to exchange government currencies for tokens or cryptocurrencies.

The concept of the protocol was first set afloat in early 2020. In 2021 first quarter, ZILD Beta was already launched on Ethereum main-net and the security audit was also done during this period. Zild developers are all set to release Version 2.0 of the protocol during 2021 second quarter, besides having plans to launch reputation-based lending via Xild. The company also has plans to start a referral program and launch Zild governance mechanism. The ultimate goal is to expand Zild protocol beyond the Ethereum network.

About the Company

The mission of Zild is to enable the sustainable creation of individual and collective non-custodial wealth through the decentralized financial technologies.

To know more, visit https://zild.finance/#/

Contact：

Alex Egorov

hello@zild.finance

Website: https://zild.finance/

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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

MEXC Concludes Exclusive Supercar Giveaway, Highlighting Commitment to Excellence and User Experience

Published

2 days ago

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December 31, 2024

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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.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

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Press Release

Bety.com Reshapes the Casino Industry with Unmatched User Perks and Original Crypto Games

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2 days ago

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December 31, 2024

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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 |

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Press Release

AXBIZ CONSULTING: FULL SERVICER MICROSOFT ERP SOLUTION PROVIDER WITH GLOBAL ROLLOUT CAPABILITIES

Published

2 days ago

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December 31, 2024

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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

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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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