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Line Global Partner’s Introduces NTP (NFT Track Protocol) for transparent NFT Market Environment

Santa Clara, CA, August 24, 2022 – (SEAPRWire) – Recently, a brand-new platform project utilizing NFT content has been launched by Line Global Partner’s, a business that specializes in platform business. Line Global Partner’s created cutting-edge digital app platforms and the business demonstrated its proficiency as an app platform provider. Line Global Partner’s has announced that it will diversify into the blockchain industry in addition to its current digital app platform company and NTP (NFT Track Protocol) project, which can track, manage, and protect stored NFT content through the minting process, are going to be introduced by Line Global Partner’s. The NTP project offers high security services for the storage and transportation of NFT content through NFT contract and data collection system, mutual verification route track system, digital content movement path management and execution control system. Additionally, the NFT Marketplace (NTP-ZONE), which is guarded by the robust security mechanism offered by the NTP project, allows users to experience NFT culture more securely. For NFT creative actions within NTP-ZONE, the NTP project pays out in NTP tokens. By encouraging NFT creators to participate in NFT creative activities, the remuneration would revive NFT creation on the platform. Every NFT content piece produced in the NTP-ZONE is subject to the NFT Track Protocol, and the creator’s work can be secured utilizing the NFT content tracking/protection system by means of the NFT Track Protocol. Through the NTP project, Line Global Partner’s is anticipated to successfully grow its business into the blockchain sector and positively impact the NFT market Social Links Twitter: https://twitter.com/NTP_Place Medium: https://medium.com/@social_32364 Media Contact Company: LINE GLOBAL PARTNER’S LLC Contact: dh.kim Email: contact@ntp-place.io Website: https://ntp-place.io/ Address: 3964 RIVERMARK PLACE SANTA CLARA California USA SOURCE: LINE GLOBAL PARTNER’S LLC The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

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TEN Finance Announces the Launch of LEND – Decentralized Multi Chain Lending Protocol

Singapore, August 02, 2022 – (SEAPRWire) – TEN Finance is proud to announce that LEND and the $LEND token will first be available on the Cube Network. LEND is the newest extension of the TEN Finance Ecosystem and will be a groundbreaking release that sees TEN expanding horizons and being available on other chains. LEND will be a landmark release and the first native TEN product to launch on another chain. LEND is supported and backed by the CUBE Network ecosystem incubation partner Huobi Incubator as a key lending protocol on the Cube Network. The main goal of TEN Finance is to simplify the DeFi landscape to increase user adoption by making it accessible for users of all technical abilities and therefore bring decentralized finance (DeFi) to the masses. LEND is the newest addition to the innovative products being offered by TEN. Lending and borrowing protocols have been a cornerstone within the DeFi landscape. These products have given DeFi some real substantial use cases as this means users have the ability to lend and borrow assets without the need of an intermediary or centralized party. However, one thing people noticed is that often these platforms are behind complicated UI that isn’t easily understood by most market participants. In line with our core values, LEND by TEN will focus on innovating these cornerstone DeFi products whilst making sure they’re completely accessible for all users of all technical ability. What is LEND LEND, is a multi chain lending platform. Users can deposit their crypto assets and earn interest, or use them as collateral to borrow tokens. LEND will establish pools of algorithmically derived and competitive interest rate models, based on current supply and demand of each respective asset. Suppliers and Borrowers of assets interact directly with the protocol in earning and paying a floating interest rate. This is all done without the need to negotiate terms of maturity, interest rate or collateral with any peer or counterparty! Key Features: Lending & BorrowingGovernance ProtocolFirst protocol to give revenue to Token holders Initial Launch LEND by TEN Finance will first be available on Cube Chain and BNB Chain but has plans to quickly expand to Avalanche, Cronos and Ethereum amongst other EVM compatible chains. How does LEND work All assets supported for supply on the LEND protocol by TEN Finance are integrated through a tToken contract. This represents the balance of the supplied token to the LEND protocol by the user. Through the minting of tTokens in the LEND markets, users are able to earn interest through the tToken’s exchange rate, which increases in value over time relative to the underlying asset and also gives the user the ability to use tTokens as collateral. What is $LEND TEN Finance is designing this ecosystem to stick around in the DeFi space by supporting our users, and one of the primary ways TEN Finance is doing that is offering $LEND as an incentive reward to users of the protocol. $LEND tokens will be the native token for the LEND protocol by TEN. Within the token structure the token will give holders governance and voting rights in important decisions for shaping the future of the platform. It doesn’t end there though! $LEND tokens are also the key to earning passive income from the protocol. Once the token has launched, holders can supply $LEND to the protocol in exchange for $tLEND which actually makes them eligible to earn a large portion of the total revenue generated by the protocol. $tLEND tokens can then also be staked or locked by users to earn additional Platform Reward Fees based on a 90-day vesting schedule. Locking tokens for the full 90-day term means an increased share of protocol revenue will be received. Conclusion Although there are numerous lending protocols on the market, the team feels there are very few that offer real value to the majority of users. Especially, in the ability to earn passive income directly from the protocol. The LEND protocol addresses this by being the first LENDING protocol to share platform revenue directly back to $LEND token holders on Cube Chain & BNB Chain. With support from the CUBE Network ecosystem incubation partner Huobi Incubator, LEND is destined to make waves in the DeFi ecosystem Social Links Twitter: https://twitter.com/LEND_finance Telegram: http://t.me/lendfinance  Contact details Brand: TEN Finance Contact: Media team Email: contact@lend.finance Website: https://lend.finance SOURCE: TEN Finance The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

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Ocean Protocol & Dimitra launch Ideation Bounty to Incentivize Data-driven Insights in Agriculture

The program is a strategic initiative to incentivise a global community of data scientists to engage with agricultural data. Singapore , NY, July 13, 2022 – (SEAPRWire) – Ocean Protocol, the Web3 platform to unlock data services for AI and business innovation, announces the launch of ideation bounties in a joint initiative with its long-term partner Dimitra, a company guided by the mission to deliver AgTech globally to farmers. The competition is divided into two phases and has a total prize pool of $15,000 USD payable in OCEAN + DMTR tokens. Smallholder farmers can play a huge role in solving the world food shortage, improving food safety and addressing food security issues. The partnership between Dimitra’s agricultural software and Ocean’s Web3 data sharing and monetization capabilities is focused on driving the next generation of agricultural solutions using data. As part of this vision, 100 million smallholder farmers will be empowered to maximize yields and mitigate operational losses by 2024 through open access to relevant, valuable data-driven information. The Ocean Protocol-Dimitra bounty seeks to expedite this vision by encouraging data scientists around the globe to share valuable ideas on how particular agricultural datasets on the Ocean Market can be utilized to maximize yields and quality while minimizing risks for farmers. This competition builds on Ocean’s vision to spearhead the shift into a New Data Economy through the Ocean Data Bounty program by incentivising data-driven insights and the building of algorithms to solve complex business challenges. Dimitra is the first partner in this initiative. Ocean founder Bruce Pon said, “Data bounties will help to activate a global community of data scientists to build context around data. We’re excited to kick off this data bounty program with Dimitra to accelerate data-driven innovation in agriculture. By incentivising scientific participation, we hope to gather insights and ideas to solve pressing agricultural challenges at a global level.” As part of the Ocean-Dimitra ideation bounty Phase 1: Ideation, the data scientists will be invited to generate ideas about how the datasets presented can be utilized and does not require testing or training of algorithms on the data presented. Participants may use any one of the nine datasets provided to derive insights or multiple datasets to identify correlations between them and provide aggregate insights. Specifically, they should reflect on how the model or idea can be used to discover valuable patterns, trends and features in the data, and how to exploit them in order to maximize crop yields and improve quality. The rewards for phase 1 are – 1st place: $1,500, 2nd place: $1,000, 3rd place: $500, community award: $1,000, honorable mentions (10x): $100 (payable in OCEAN + DMTR). In Phase 2: Algorithms, Analytics, Narratives & Reports – participants will be able to publish their algorithms that can be used live on the data on the Ocean Market using the Compute-To-Data feature. Submitted entries should contain well-documented use cases, as per Phase 1. Bonus points will be awarded for using published algorithms that discover/show valuable patterns and trends in the data. Out of a prize pool of $10,000 USD, the rewards for phase 2 are – 1st place: $3,000, 2nd place: $2,000, 3rd place: $1,000, Community Award: $2,000 Honorable Mentions (10x): $200 (payable in OCEAN + DMTR). The goal of Phase 2 is to develop analytics, narratives, and reports, but also to identify, create and publish algorithms that can be used to analyze the data. Participants are encouraged to publish algorithms that will be used live on the Ocean Market using the Compute-To-Data feature. Bonus points will be awarded for publishing algorithms and/or using published algorithms to discover or show valuable patterns and trends in the data. Submitted entries should contain well-documented use cases, as described in the requirements for Phase 1. A panel of evaluators from Ocean and Dimitra will independently review and rank submission entries selecting 1st, 2nd and 3rd place winners based on level of innovation, the value of opportunity, feasibility, presentation structure, approach and completeness. The selection will be announced publicly and the community will be invited to vote for the Community Choice award winner. The Phase 1 bounties are live on Questbook and the entry submission deadline is August 12th, 2022. Phase 2 kick-off shall be announced at the conclusion of Phase 1. About Ocean Protocol Ocean Protocol is a decentralized data exchange platform spearheading the movement to unlock a New Data Economy, break down data silos, and open access to quality data. Ocean’s intuitive marketplace technology allows data to be published, discovered, and consumed in a secure, privacy-preserving manner by giving power back to data owners, Ocean resolves the tradeoff between using private data and the risks of exposing it. About Dimitra Dimitra’s mission is to place technology in the hands of millions of small farmers around the world. By doing so, Dimitra aims to enhance productivity and therefore the lives of farmers, improve food safety, and enable greater food security globally. In 2021 it has set itself two additional objectives. One is to advance AgTech innovation and the other is to secure operational grants for developing countries around the world to enable participation in the Dimitra ecosystem. Social Links Twitter: https://twitter.com/oceanprotocol Linkedin: https://www.linkedin.com/company/ocean-protocol/mycompany/?viewAsMember=true Media Contact Brand: Ocean Protocol Foundation Contact: Monica Botez, Chief Marketing Officer E-mail: info@oceanprotocol.com Website: https://oceanprotocol.com/ SOURCE: Ocean Protocol Foundation The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

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TrueFi powers WOO X’s institutional services through decentralized loans to verified clients

SAN FRANCISCO, CA, Jul 12, 2022 - (ACN Newswire via SEAPRWire.com) - TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi unveils its collaboration with WOO X, a zero-fee digital asset trading platform incubated by Kronos Research, the leading digital asset quant company and market maker. WOO X will use TrueFi to support its institutional services by issuing loans to its clients through the protocol.The amount of value locked into the smart contracts powering decentralized finance (DeFi) services soared in 2021, and despite some fluctuations in the first months of 2021, the ecosystem is still very much in the green year-on-year. While lending has emerged as one of the most lucrative DeFi applications for both retail and institutional clients, decentralized lending protocols still largely have to rely on over-collateralization to avoid risks, which makes the service capital-inefficient. With its total of more than $1 billion loans originated in 2021, TrueFi ups the DeFi lending game by enabling loans to verified institutional borrowers through its lending protocol.WOO X will rely on TrueFi as the lending protocol of choice for uncollateralized loans to its institutional clients in its native WOO token, making it TrueFi's first non-stablecoin portfolio. WOO DAO, a decentralized autonomous organization working to foster the growth of the WOO Network, will provide the tokens for the loans, with all yields returning to the WOO DAO. The financial institutions trading on the WOO X platform have been verified through KYC measures, and the loan principal will only be released into their WOO X wallets. Due to TrueFi's protocol technology, this type of transparency will show WOO token holders where DAO funds are moving.The uncollateralized lending program follows an update of WOO X's staking program, which now allows institutional clients to stake 600,000 WOO tokens to trade without fees through the platform's API. The update has prompted demand for WOO loans among financial institutions looking to gain access to the service fast and with reduced risk exposure."Uncollateralized on-chain lending is the most capital-efficient credit a financial institution can get," says Rafael Cosman, CEO of TrustToken. "Our first non-stablecoin portfolios are further testimony for how versatile TrueFi lending can be, supporting any digital assets at all--Bitcoin, Ether, and other top coins are also very much a possibility. We are excited to be reimagining loans for the 21st century as we work to push TrueFi's total originated loans to $10 billion.""The institutional interest for crypto is soaring, and readily-available capital is one of the key conditions for big players to delve deeper into the space, especially in the current climate," says Ran Yi, Chief of Ecosystem at WOO Network. "We are thrilled to be partnering with TrueFi to grant institutions fast and efficient credit through DeFi's first uncollateralized lending protocol. By giving traders more flexibility, we enable more usage of the network, which ultimately benefits the entire ecosystem."About TrustTokenTrustToken is building the protocol for global lending. TrustToken's TrueFi protocol brings uncollateralized lending and credit scoring on-chain, offering borrowers the highest possible capital efficiency at competitive rates, while offering lenders the broadest marketplace of financial products in DeFi. TrueFi has completed over $1B in loan originations with a perfect record of repayment.The company's TrueCurrencies are the world's first independently-verified, fully collateralized stablecoins, trading on top exchanges like Binance, Huobi, and OKEx, generating billions in monthly trade volume. TrueCurrency users enjoy lightning-fast transactions, the lowest transaction costs of any stablecoin, easy exchange to and from fiat currency, and obsessive customer service. Start using TrueFi at https://truefi.io, or learn more about TrustToken products at https://trusttoken.com. For interested borrowers or asset managers looking to build financial products on TrueFi, please contact ryan.rodenbaugh@trusttoken.com. About Kronos ResearchKronos Research is a leading quantitative trading company and cryptocurrency market maker, headquartered in Taipei. Founded in 2018, it grew its daily trading volume to about $5 billion per day while working to build an infrastructure for democratizing investment and trading with both traditional and crypto-assets. WOO X is its digital asset trading platform listing a wide array of coins and tokens, as well as futures contracts pairing $PERP against a variety of popular digital assets. The exchange relies on the WOO Network for liquidity, with WOO DAO working to foster the development of the ecosystem. For more information, visit https://kronosresearch.com/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Aretis Creces Protocol – DeFi 3.0 integrated DAO

Aretis Creces Protocol, June 27, 2022 – (SEAPRWire) – DeFi 3.0 is a new financial protocol that makes staking easier and gives $ARIS token holders the highest fixed return in crypto with 266,968.29% APY. Extremely volatile market context The current market is witnessing a sharp decline; popular cryptocurrencies like BTC, ETH or BNB have really struggled in the last month. Moreover, a lot of negative information is causing confusion for the community. With the mission of bringing the divided community together, the development team has worked very hard to build and create a truly secure and reliable monetization protocol – Aretis Creces Protocol. So what are the outstanding advantages of Aretis Creces protocol? An exceptional, secured and transparent protocol Trading activities are potentially risky; when the market falls, even the leading funds face face the risk of bankruptcy. Aretis Creces Protocol simplifies all investor operations and minimizes all possible risks; all they need to do is buy tokens and hold them in their wallet. Buy-Hold-Earn How does Aretis Creces Auto-Staking work? When you buy $ARIS, your tokens are instantly staked and started getting rebase rewards transferred straight to your wallet every 10 minutes, 144 times per day. By using a Positive Rebase formula, Aretis Creces allows token distribution to be paid directly proportionate to epoch rebase rewards, worth 0.015012% of the entire $ARIS tokens stored in your wallet every 10 minute epoch period. The rebase rewards are distributed to all $ARIS holders at the end of each epoch (rebase period). With a continuous and entirely automated operating mechanism, this will be one of the advantages for Aretis Creces Protocol to be easily accessible and targeted to all investors, even those who are not proficient in using the system’s operations or do not have much time to check the market frequently. DAO-Referral Rewards The developers of the Aretis Creces Protocol have built a DAO-Referral Reward mechanism, which allows anyone to participate in the protocol development. Members can build small, decentralized ‘autonomous organizations’ working towards a common goal. 10% of trading fee is allocated to the Referral Rewards fund, which will be used to reward users who contribute to ACP. Connection binding is confirmed by $ARIS01 token, which is obtained through the Referral Rewards program. To get Referral Rewards, you must meet the following conditions: – Hold at least $1,000 ARIS tokens – Transfer at least 1 $ARIS01 token to a wallet address that does not have any $ARIS01 tokens Referral Bonus will be calculated and distributed as follows: When the friend you refer buys $ARIS tokens, 10% of the trading volume is shared by the last 10 referrers, which is 4 %, 2%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5% Obviously, the DAO-Referral Rewards mechanism not only promotes community development, but also helps users, along with fixed APY, have the opportunity to earn a lot more $ARIS. The widely spread project will attract many new users, forming a strong community, and as a result, getting more profits. The investors themselves will be a “small-scale developer” of the project, and of course, their constructive activities will be well rewarded. The developers have figured out a means to build the DAO-Partner Program to exploit the gap – connect the market right in the IDO phase of the project. After staking 300 USDT, you will be able to apply for ACP-DAO partnership with a limitless number of partners and enjoy the following benefits: – After claiming 500 $ARIS01, you need to build your ACP-DAO team structure before $ARIS listing (the ACP-DAO binding relationship will be validated after you send at least 1 $ARIS01 to an address that has never received $ARIS01 before). – Once inviting at least 10 IDO participants, your staked 300 USDT will be refunded, and you will be eligible for an extra $ARIS IDO allocation of $200 USDT, as well as an ACP NFT (transferable to others), with which you will get ACP dividends. – If the task is not completed at the end of IDO Round, 300 USDT will not be refunded. – Dividend: 6% of all selling fees will become dividends distributed to all wallet addresses holding NFT. Have faith and overcome the downtrend It is difficult to predict that the market will get better in the near future; many experts believe that we will still have to experience new “shocks” from the Crypto Market. The tremendous development of Blockchain technology and the benefits it brings are obvious. However, for a protocol or project to survive and thrive, a really trustworthy smart contract, a multinational community that breaks down cultural barriers and expands people’s access to technology, are required. The Aretis Creces protocol takes advantage of the increased interest in the Cryptocurrency market. With easy, accessible operation, smart and transparent mechanism, the project is expected to grow significantly in the next few years. Aretis Creces Protocol will really be a new financial protocol for bringing wealth. Social Links Twitter: https://twitter.com/aretis_io Telegram: https://t.me/aretisgroup Discord: https://discord.gg/vap2dxg9Bx YouTube: https://youtube.com/c/aretiscreces Media Contact Brand: Aretis Creces Contact: Joe Stanley E-Mail: joe@aretis.io Website: https://aretis.io SOURCE: Aretis Creces The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

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Capricorn Announces Partnership with MQ Technology to Reshape Stablecoin Market Rules

New York, NY, June 7, 2022 – (SEAPRWire) – Capricorn Protocol, a multiple-asset-backed stablecoin project for blockchain platform, has announced its partnership with Malaysia listed MQ Technology (635804-H) to reshape existing market rules. The agreement was officially signed at an offline meeting in Viva Shopping Mall set up by Capricorn Protocol to discuss the fall of UST and address the challenges of the stablecoin market. Both parties hope to make the currently downtrodden sector more convenient for enterprises and individuals alike. In the form of an investment, the collaboration with MQ Technology, the Malaysian listed company at a valuation of $200 million. “We, Capricorn Protocol, are adopting a more convenient way by providing more convenient channels for enterprise financing efficiently and more safely and integrate with the diversified assets using blockchain technology to fill in the gap,” Bryan Teh, Partner of Capricorn. “Under the COVID-19 epidemic, the vulnerability of enterprises is further revealed, facing shortage of funds, encountering the problem of high financing thresholds. After completing all the credit assessment processes, the time for financing applications is too long that the enterprises are often unable to get immediate help.” Said Terrence Cheah, Executive Director of MQ Technology, “the partnership with Capricorn definitely offers us more choice by using its lending protocol, which takes the traditional financial assets on the chain as value support and operation medium through NFT technology and giving full play to its own advantages and empower traditional businesses.” Details of the Offline Capricorn Protocol Meeting  During this meeting, MQ Technology and Capricorn Protocol reaffirmed their primary intent to maximize benefits by instituting a strategic and straightforward partnership to deliver a foundation and structure to upscale progress in the industry. Furthermore, the Capricorn Protocol team engaged the guests in a lively conversation that bordered on the recent happenings in the stablecoin market.  Discussing the impact of the infamous incident on the nascent stablecoin market, Capricorn Protocol suggests the concept of collateralized stablecoins as the way forward. Citing the Capricorn Protocol as a perfect example, the team reveals CUSD—its stablecoin—is collateral-backed. Highlighting the availability of a valid mechanism, user confidence, and sufficient collateral as a few pillars of a sustainable stablecoin project, Capricorn reveals it is the template its infrastructure is built on.  Based on this, CUSD will have adequate credit, and the underlying assets will possess higher capital utilization efficiency. Additionally, the funds actively taking part in Capricorn will receive higher returns.  The Capricorn Protocol team anticipates regulatory attention. The team has years of experience in the banking industry, and a few members are familiar with legal and financial laws, with solid compliance compatibility. Capricorn Protocol is well prepared to accelerate the next stage of stablecoins amidst regulatory attention. Capricorn Protocol understands the need for stablecoins in the crypto market. Albeit Bitcoin and Ethereum are ideal payment methods, Capricorn is cheaper and faster. The high volatility of the premier cryptocurrency—Bitcoin— puts users at risk of losing funds. Thus, making it a non-convenient option for payments.  “Of course, everything is not easy. It takes time to happen. During this period, we will face many challenges. For example, the market needs time to verify the mechanism of Capricorn, build confidence in Capricorn, and higher barriers to entry, stricter regulation …,” said Bryan Teh, “But even with all the visible and unseen difficulties of the track, someone has to start the race. In the past few years, we have seen the rise and widespread use of stablecoins such as USDT, USDC, DAI, and FRAX, and we have also seen players such as UST, AMPL, BASIS, and ESD who have fallen on this path. With so many successful experiences or failures for us to learn from, and the advantages of our team’s experience and resources in the fields of finance, law, and compliance, I believe that Capricorn can successfully occupy a place on this track.” Capricorn Protocol aims to introduce a new era, akin to the internet, where collateralized stablecoins are the go-to coins. This partnership with MQ Technology will pave the way for reshaping the market.  About Capricorn Protocol  Capricorn Protocol is a multi-asset-backed protocol with support from an array of assets. Leveraging smart contract and decentralized finance [DeFi], Capricorn issues a collateral-based coin, CUSD, providing lending services based on the token. By adopting an advanced issuance mechanism, Capricorn Protocol guarantees users an equivalent of $1 for 1 CUSD. The Protocol hopes to continuously expand and push for global adoption of the collateral-based coin.  Social Links Twitter: https://twitter.com/capricornfund Github: https://github.com/CapricornProtocol Media contacts Brand: Capricorn Fund Contact: Media team E-mail: Bryanteh@capricorn.Fund Website: https://www.capricorn.fund/ SOURCE: Capricorn Fund The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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lala DeFi Launches High Yield Multiple Staking Pools

London, UK, Mar 15, 2022 - (ACN Newswire via SEAPRWire.com) - la2.finance (lala DeFi), a blockchain-based decentralized finance (DeFi) project, has officially launched its DeFi staking protocol, adding farming, staking, and liquidity providing functions in the near future for users thus allowing them to earn lucrative APY against their holdings. With the launch of the staking protocol, lala DeFi allows users of all levels of experience, whether a beginner or a veteran user, to get an advantage out of their cryptocurrencies while staking, all without the hassle of trading themselves.The lala DeFi Staking Protocol shares some basic concepts as Certified Deposit (CD), investors save their crypto-assets on the platform for a certain length of time, in exchange for high-yielding defined returns. This is a less volatile alternative for the average investors to approach cryptocurrency and makes it another income stream, just like how they do with conventional CDs (certified deposits).What makes la2 Staking stand out is that it offers approximately 25-50% APY or even more, which conventional investments will find hard to match.lala Poolslala offers a variety of staking pools, with varying APY. It offers a staking protocol where users can stake into a particular pool of choice, which differs by the staking length and APYs. There are 4 main categories to choose from i.e. Child's Play, Safe Zone, Great Shark, and Giant Whale, each with varying risk and return margins.With the Child's play investment option, users will be placing their tokens in a 1-year staking duration with an average yield of 25% APY. An option that's best catered towards new crypto users, to "test the waters".While child's play offers a 1-year staking duration, the safe zone offers a 2-year staking duration with an average of 30% APY. The safe zone option targets investors who are used to traditional long-term investing, CDs, bonds, and equities.Crypto Shark offers a 3-year staking duration with an average of 35% APY. This would be better suited for most veterans crypto users who are more used to the concept of hodling and are comfortable with not selling their cryptos regardless of market conditions.The last category offers 4 years staking option with a massive average of 50% APY. This investment option is best suited for long-term investors who have no intention of selling their assets within the staked length. This will allow these investors to reap massive returns based on their hodling power.Offering Stable GrowthThe la2 Finance platform adopts an Early End Stake penalty for the stakers who end their staking contract prematurely. This discourages stakers from early termination. Additionally, by staking with la2.finance via lala Pools you will also be able to extract value of up to 50% APY and above all from your stakes without the risk of stagnant growth of the stablecoins and risk trading at a possible massive loss.About la2.Financelala is a decentralized finance platform that allows beginner or veteran investors to gain lucrative APY without the hassle of investing or trading by themselves. The team behind la2 consists of technical experts who previously worked for large Internet enterprises with rich experience in blockchain development, senior research analysts who are deeply engaged in multiple blockchain projects, and have an in-depth understanding of the DeFi ecosystem, HODLers, and early investors of BTC and ETH. To learn more about la2.Finance, please visit: https://www.la2.finance. For the latest news and updates regarding lala DeFi, check out our lala Twitter at https://twitter.com/la2_finance. Additionally, you may also join our lala community over at https://t.me/la2finance.Media ContactCompany: La Finance LTDContact: James LoboEmail: support@la2.financeWebsite: https://www.la2.finance/SOURCE: La Finance LTD Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Moonstake Partners with FIO to Support FIO Staking

SINGAPORE, Feb 15, 2022 - (ACN Newswire via SEAPRWire.com) - Today, Moonstake is happy to announce our partnership with FIO Protocol, a leading blockchain protocol that aims to enable a better way of sending and receiving crypto. Through this partnership, Moonstake will collaborate with the FIO development team to enable staking functionality for FIO tokens on our wallets as an official Block Producer for the FIO network. Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1.8 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently, Moonstake supports staking of 14 high-demand PoS coins, 2 high-demand NFT standards ERC-721 and Cardano.Meanwhile, FIO (short for Foundation for Interwallet Operability) was founded in 2020 and aims to enable easier, safer and more joyful crypto transactions on any type of token or coin. The FIO Protocol is designed to ensure the cryptocurrency user experience is uncomplicated and lays the foundation for cryptocurrency mass adoption. Long complex addresses have been replaced with user-customized FIO Addresses such as "user@fio" that enable decentralized sending, receiving and payment requests (invoices, order carts, etc.), as well as, cross-chain end-to-end encrypted metadata (the information for those invoices, order carts, etc.) that can work across all blockchains.Currently, FIO staking is live on their Mainnet, but the official Staking Activation is not until 22nd February, 2022. Moonstake aims to enable FIO staking prior to this activation date so that our users can enjoy the greatest amount of earning potential per token staked. With seasoned development teams and robust enterprise partnership networks across the globe, the collaboration between Moonstake and FIO Protocol promises to bring about a satisfactory staking experience for FIO holders on Moonstake Wallet.Mitsuru Tezuka, Founder at Moonstake says:"We're excited to partner with FIO, a leading blockchain protocol that aims to simplify and enhance user experience with digital assets. Sending and receiving are the most basic activities of any crypto owner and we believe that FIO's solution of a simplified, memorable crypto handle for everyone will significantly improve the experience of using crypto. We look forward to bringing the great ecosystem of FIO to our user community worldwide through this strategic partnership as well as opportunities for deeper collaboration with the team to deliver greater value to the crypto community at large." Luke Stokes, Managing Director at FIO Protocol, says:"We're excited to see the FIO Protocol join the family of excellent token projects currently supported by Moonstake's staking ecosystem. Just as we focus on improving the usability of sending and receiving cryptocurrency, Moonstake is making the process of staking your tokens easier as well. We're looking forward to continuing to work together to make cryptocurrency easier for everyone."About MoonstakeMoonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/ About Moonstake's staking businessFor the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 12 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.About FIO ProtocolThe Foundation for Interwallet Operability (FIO) is an industry consortium, consisting of leading wallets, exchanges, crypto payment processors, and various other entities and community members dedicated to the pursuit of blockchain usability through the FIO Protocol.FIO's vision is to operate as a Decentralized Autonomous Consortia (DAC), guided by the community and blockchain ecosystem. We encourage everyone to participate in helping define the FIO Protocol and to provide feedback on how to improve blockchain usability. Our Foundation values Openness and Transparency, Diversity in Community, and Fairness. https://fioprotocol.io/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Moonstake Collaborates with deBridge to Enable Cross-chain Bridge for Assets and NFTs

SINGAPORE, Feb 14, 2022 - (ACN Newswire via SEAPRWire.com) - Today, Moonstake is happy to announce our collaboration with the innovative cross-chain interoperability and liquidity transfer project deBridge. Through this collaboration, Moonstake will become a validator for the deBridge network that facilitates seamless bridging of any arbitrary asset and data, and NFTs across a wide range of blockchains including Ethereum, Binance Smart Chain, HECO, Arbitrum, and Polygon initially, with many more to come. Their infrastructure is enabling interoperability not only for assets and data, but also for NFTs and Metaverses.Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. Currently, Moonstake supports 14 high-demand staking coins: Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, and Shiden. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1.8 Billion and by June 2021, Moonstake was the third best staking provider in the world out of 15,000 staking providers worldwide. In March 2021, the company entered DeFi with Muse.Finance, a DeFi platform, and will continue to expand into the DeFi business.deBridge is a cross-chain interoperability and liquidity transfer protocol that allows truly decentralized transfer of arbitrary data and assets between various blockchains. The cross-chain intercommunication of deBridge smart contracts is powered by the network of independent validators elected by deBridge governance. These elected validators, which now includes Moonstake through this partnership, run a full node of each supported blockchain and the deBridge node to perform validation of cross-chain transactions that pass between smart contracts of the deBridge protocol in different chains.deBridge commenced during the Chainlink Global Hackathon where the team strived to solve the urgent problems of transferring data and liquidity between blockchains and the lack of a single decentralized standard for bridging assets. The project was awarded the grand prize, taking first place among more than 140 teams worldwide.On the collaboration, Founder of Moonstake, Mitsuru Tezuka, says: "As one of the world-leading staking providers, Moonstake is happy to support deBridge in building a truly decentralized cross-chain interoperability framework for blockchains, protocols, and applications as an official validator. We are very impressed with deBridge technical prowess and strong vision for not only technological innovation but also security for users, both of which are also key values that align with the vision of Moonstake to enable users the most advanced, safe, and friendly experience with digital assets.".Alex Smirnov, CEO of deBridge, comments: "Our team is thrilled that Moonstake will be a part of deBridge's validator network to facilitate security and reliability. It's important for us to have experienced validators when we're building cross-chain infrastructure, and we're looking forward to working with Moonstake moving forward.About MoonstakeMoonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnerships have been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore-listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 1 billion. https://www.moonstake.io/ About deBridgedeBridge is a cross-chain interoperability and liquidity transfer protocol that allows truly decentralized transfer of assets between various blockchains. The cross-chain intercommunication of deBridge smart contracts is powered by a network of independent oracles/validators elected by deBridge governance. deBridge protocol is an infrastructure platform and hooking service which aims to become a standard for:- Cross-chain composability of smart contracts- Cross-chain swaps- Bridging of any arbitrary asset and data- Bridging of NFTshttps://debridge.finance/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Tower Finance Announces the Launch of Algorithmic Stablecoin: the New Holy Grail for Defi 2.0

Seoul, Korea, February 12, 2022 – (SEAPRWire) – Recently, Tower Finance is proud to announce the Launch of its Algorithmic Stablecoin. Algorithm-based stablecoins are new variants of cryptocurrency tailored for offering improved price stability. In the current market today, more and more users have taken interest, as it can also help in balancing the supply and demand of the asset in circulation. Algorithmic Stablecoin Protocol, developed by Tower Finance, looks to offer considerably improved capital efficiency in comparison to collateralized stablecoins. What is Tower Finance? The Tower Finance is a Fractional-Algorithmic Stablecoin, soft-pegged to the U.S. Dollar, built on the Polygon network. The protocol plans to maintain TWR price stability by storing sufficient collateral in the time locked-smart contracts. The USDC is deposited into the protocol when a user mints TWR token, while the CUBE token, which is used for minting, is burned. When the user redeems TWR tokens, the protocol pays back USDC and mints the required amount of CUBE tokens. This allows arbitrageurs to help maintain price stability. Aiming to solve the ‘Stablecoin trilemma’ Tower Finance aims to provide a solution for the so-called ‘Stablecoin trilemma’ of decentralization, capital efficiency, and price stability by introducing TWR, its fractional-collateralized algorithmic stablecoin. Tower Finance aims to build an ecosystem that incorporates both collateral and high capital efficiency, hence developing stability. By implementing a floating collateralization ratio, TWR not only maintains its peg in the most efficient manner possible, but it also captures value for CUBE holders and produces yield for its community of holders. Implementing DeFi 2.0 through Protocol Owned Liquidity and Protocol Rented Liquidity Tower Finance is the first algorithmic stablecoin protocol to adopt the ‘Protocol Owned Liquidity’ model introduced by OlympusDAO. While the structure is different, the underlying idea is similar. The protocol charges a penalty to users who terminate the vesting terms for the farming rewards. When this happens, the protocol uses 2/3 of the collected penalty for providing liquidity. Half of it is converted to USDC and used to provide liquidity. The leftover, which amounts to 1/3 of the collected penalty, is sent to the Profit Manager. When TWR is minted with USDC and CUBE, the protocol doesn’t immediately burn CUBE. Instead, 50% of CUBE is sold to temporarily create a CUBE-USDC LP to provide additional liquidity. We call this ‘Protocol Rented Liquidity’, because the meant-to-be-burnt tokens are borrowed for a short period of time to add liquidity to Tower’s ecosystem until it is removed via governance decisions, in which case, the USDC is converted into CUBE and burned. With a commitment for long-term sustainability yet a market fit, ultra high-yield/yield enhancement go-to-market strategy, it is perfectly destined to pave the way for stablecoin protocols in the era of DeFi 2.0 Tower Finance officially launches on Valentine’s Day: 14th of Feb, 6:00am UTC. https://medium.com/@tower_finance/calling-all-towerians-the-time-has-come-2fa7fe9a24fc Social Links Twitter: https://twitter.com/tower_finance Discord: https://discord.com/invite/KVTe6hRZK8 Medium: https://medium.com/@tower_finance Github: https://github.com/towerfinance Media Contact Brand: Tower Finance Contact Jeremy Parker, Head of Marketing E-mail: jeremy@towerfinance.io Website: https://towerfinance.io/ SOURCE: Tower Finance The article is provided by a third-party content provider. SEAPRWIRE makes no warranties or representations in connection therewith. Any questions, please contact cs@SEAPRWIRE.com Sectors: Top Story, Daily News SEAPRWIRE (www.seaprwire.com) offers newswire service in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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TrueFi Launches First Protocol-to-protocol Lending Portfolio for Perpetual Protocol, Powering Up to $100m in DEX Liquidity

San Francisco, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - TrustToken, builders of the leading unsecured lending protocol TrueFi, as well as popular stablecoins like TrueUSD, announces its partnership with Perpetual Protocol (PERP), an Ethereum-based decentralized derivatives exchange with up to 10x leverage. As part of the collaboration, TrueFi launches its first protocol-to-protocol lending portfolio, supporting market makers with access to competitively priced loans to support even deeper liquidity on Perpetual Protocol. The portfolio opens with a $5 million asset cap, to be expanded over time.The decentralized finance ecosystem expanded by 1,200 percent in 2021 in total value locked'a dramatic upshoot in parallel with increased interest from traditional financial institutions and institutional investors. Decentralized exchanges - trading platforms powered by smart contracts - have emerged as one of the key cornerstones of the space. Since they rely on algorithmic market-making instead of the usual order book, they need a community of dedicated liquidity providers to maintain pools large enough to avoid slippage on executing trades.TrueFi helps Perpetual scale its liquidity efforts by launching a dedicated lending portfolio to market makers providing liquidity directly to Perpetual's trading pairs. While launching with support for a limited list of participants, drawn largely from the Perpetual Foundation and PERP's ecosystem supporters like Multicoin Capital and Dragonfly Liquid, the portfolio is designed to support a broad scope of lenders in the future. Future Perpetual Protocol portfolios may also benefit from added lender rewards, including TRU and PERP incentives. TrueTrading, a TrustToken affiliate company, will manage the portfolio on behalf of Perpetual Protocol and provide compliance services to create the smoothest experience for Perpetual Protocol and its partners. Additionally, the collaboration benefits from TrueFi's large and growing network of trusted crypto-native funds, such as Amber Group, who will be able to engage with Perpetual on TrueFi with ease."Smart contracts allow us to build sophisticated financial products in a transparent way," says Rafael Cosman, CEO of TrustToken. "Perpetual's decentralized futures contracts, with no settlement date, are a prime example of novel financial engineering enabled by the promise of blockchain technology. TrueFi is thrilled to support Perpetual as its first protocol-to-protocol lending partner, powering liquidity for Perpetual's groundbreaking offerings, in a portfolio we expect to pass $100 million by year's end.""Committed market makers are crucial for any user-driven decentralized exchange, as they are the engine that keeps it going," says Yenwen Feng, Co-Founder at Perpetual Protocol. "By teaming up with TrustToken, we bring our market makers more liquidity to tap into as they support our own trading pairs. This grants liquidity providers more confidence through greater market stability and reduced slippage which ultimately results in a better trading experience for all of our users."About TrustTokenTrustToken is building the protocol for global lending. TrustToken's TrueFi platform brings uncollateralized lending and credit scoring on-chain, offering borrowers the highest possible capital efficiency at competitive rates, while offering lenders the broadest marketplace of financial products in DeFi. TrueFi has completed over $1B in loan originations with a perfect record of repayment, and has approximately $1B in total assets under management. The company's TrueCurrencies are the world's first independently-verified, fully collateralized stablecoins, trading on top exchanges like Binance, Huobi, and OKEx, generating billions in monthly trade volume. TrueCurrency users enjoy lightning-fast transactions, the lowest transaction costs of any stablecoin, easy exchange to and from fiat currency, and obsessive customer service. Start using TrueFi at https://truefi.io, or learn more about TrustToken products at https://trusttoken.com. For interested borrowers or asset managers looking to build financial products on TrueFi, please contact ryan.rodenbaugh@trusttoken.comAbout Perpetual ProtocolPerpetual Protocol is a decentralized perpetual futures exchange operating on the cutting edge of decentralized finance. The protocol allows its users to go long or short using crypto's most popular financial instrument: perpetual futures contracts. Perpetual Protocol also empowers developers with its highly composable and deeply liquid protocol, providing an all-new design space for builders to create on while tapping into the exciting potential of Web3. For more information, please visit their website at https://perp.fi/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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German Fintech Startup Paycer to Combine DeFi, Crypto with Conventional Banking Services

Innovative bridge protocol will allow retail clients to reap the rewards of the lucrative Decentralized Finance ecosystem Hamburg, Germany / December 3, 2021 / SEAPRWire / – Paycer, a Hamburg-based financial services firm specialized in cryptocurrencies and Decentralized Finance (DeFi), is currently developing a bridge protocol that will aggregate DeFi and cross-chain crypto services and combine them with traditional banking services. Expected to come online in early 2022, the protocol will feature a range of novel financial products designed to help retail clients reap the rewards of the DeFi market. “Using DeFi can be pretty difficult, even for those in the IT industry. Our mission is to bring high DeFi yields to retail clients who aren’t invested in cryptocurrency yet,” Paycer’s CTO Nils Gregersen says. “We’re also targeting investors who are already in crypto, but who still haven’t jumped on the DeFi bandwagon.” Providing full interoperability across multiple blockchains, the protocol and platform will feature the full range of financial services, including crypto wallets, bank accounts, lending, liquidity pools and – most importantly – streamlined access to the lucrative DeFi market. High Interest Rates in a Low-Interest World One of the platform’s most attractive features is that it promises to offer exceptionally high rates of interest. In today’s low-interest financial environment, this will come as a relief to many retail investors, who will be able to use the Paycer protocol to tap into DeFi and thereby generate viable passive incomes. “Many people today are seeing their savings gradually diminish because they aren’t earning any interest on it. In fact, they’re losing about 2 to 5 percent of their wealth every year to inflation,” Gregersen explains. “Decentralized Finance, by contrast, offers excellent interest-rate opportunities, while having the added advantage of not being dependent on banks.” Because cryptocurrencies are notoriously volatile, some investors may have reservations about dipping into the DeFi market, which is still a relatively new phenomenon. The Paycer Platform, however, will help users mitigate risk by assessing the viability of new DeFi products before investing in them. It will also conduct multiple checks in advance, automatically shifting users’ assets away from any investments deemed to be overly risky. Enter PCR: Paycer’s Utility Token As part of the rollout of its DeFi protocol, Paycer will also be offering a utility token (PCR), which will generate real value for users of the platform, where token-holders will enjoy voting rights. Four percent of these tokens are available for pre-sale (at a discount), and another 5 percent will be offered in a subsequent public sale. By staking PCR tokens on the Paycer DeFi platform users can earn staking rewards. What’s more, Paycer will use some of the profits it earns for token buybacks, thus ensuring steady demand – and stable prices – for its flagship cryptocurrency. “Since Paycer believes in a regulated implementation, the PCR utility token was designed in accordance with the applicable German financial laws in cooperation with a specialized blockchain law firm. The token was also sent to the German Federal Financial Supervisory Authority (BaFin) for review”, says Gregersen. How you can participate in Paycer’s pre-sale To participate in the PCR token pre-sale you need to visit Paycer’s website: https://www.paycer.io/token-sale there you can apply for the sale and process your KYC via Blockpass. The KYC is required because Paycer is a legal German company and follows money laundering and anti-terror laws. After the KYC is processed users will receive an email with further instructions from Paycer. Why CeDeFi and regulation is needed for mass DeFi adoption? Experienced crypto investors are used to accepting higher risks with their investments. They are also used to investing large amounts in new platforms and anonymous teams. The use of their own wallet and various blockchain networks is also no problem for experienced crypto users. But for retail customers all this will not work, when the first private keys are lost the anger will be big. Retail clients will also not invest much money in hidden DeFi platforms, because they probably think crypto is a scam anyway. Therefore, for mass adoption fiat on-ramp and crypto custody are needed to reduce complexity. Regulation will be needed as a trust builder for the retail clients to gain faith in the new decentralized financial products. Why Paycer’s approach will be successful? Paycer focuses on ease of use and regulation when developing its products from day one. The Paycer team is thus following its long-term vision for the company and will be able to build up the trust of investors and customers. We are convinced that CeDeFi will establish itself in the mid to long term and that Paycer will then already have secured a good position in the market. What is the difference between Paycer and other DeFi products? Many DeFi products are run by anonymous teams from somewhere in the world. For these platforms rapid development and high interest rates are more important than the long-term success of the platform. Paycer is working to establish itself as a reliable and secure DeFi and CeDeFi brand in the long run. The Paycer team takes the more difficult route in order to work in compliance with the law. But it will be this way that can open the DeFi market to the majority of people. Social Links: Twitter: https://twitter.com/paycerprotocol Telegram: https://t.me/paycerprotocol Instagram: https://www.instagram.com/paycer_protocol/ Linkedin: https://www.linkedin.com/company/paycer Media Contact Company: Paycer UG Contact: Richard Vo, CEO E-mail: hello@paycer.io Website: https://www.paycer.io/ SOURCE: Paycer UG The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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New DeFI platform CreDA looks to de-risk the world of crypto

CreDA protocol will use AI to provide credit ratings using on-chain and traditional financial data New York, NY / November 25, 2021 / SEAPRWire / – CreDA (Credit DeFi Alliance), the world’s first decentralized credit rating service has officially launched its platform following a successful open beta. Modeled after traditional consumer credit agencies, CreDA introduces the concept of personal credit scores into the $200 billion decentralized finance (DeFi) ecosystem populated by cryptocurrencies such as Bitcoin, Dogecoin and Ethereum. Leveraging existing blockchain infrastructure, CreDA provides a trust architecture for the relatively young and volatile ecosystem and a link between on-chain and traditional financial systems. It aims to simplify transactions for users, minimize risk for lenders and enable access to capital without the need for high amounts of collateral which is currently required by DeFi lenders. According to Bank of America, over 200 million users are now part of the digital asset universe, yet very few financial institutions would provide them with a loan. Even within the DeFi space, lenders operate in an over-collateralized manner with typical loan-to-value (LTV) ratios below 50 per cent. This means that a DeFi platform with a 50 percent LTV would require a user to deposit at least $10,000 to take out a loan of $5,000. Also most platforms only accept crypto assets as a form of collateral, creating further barriers for participation. “In traditional finance, the total value of credit-based, unsecured loans is several times that of collateralized mortgage loans,” explains Cassie Zhang, CreDA’s Chief Operating Officer. “Credit ratings are a vital, missing component within the DeFi space. The introduction of CreDA credit scores will enable unprecedented imagination and innovation to protocol users and developers alike. But more importantly, CreDA fulfills the promise of blockchain and decentralized finance, providing the trust architecture needed to unlock capital for the billions of people without access to traditional banking.” CreDA will allow users to link their wallets, mint a credit NFT (cNFT) and borrow low or non-collateralized loans all from within the same platform. Users will also be able to use their cNFT on partner platforms to avail similar benefits as well as other incentives for staking and lending. At launch, CreDA’s partners include: UniSwap, SushiSwap, Elastos, FilDA, PolyNetwork, O3 Swap, WePiggy, Channels, and dForce. How the credit scoring works: CreDA provides on-chain credit ratings using the CreDA Oracle, which employs artificial intelligence (AI) to examine the user’s historical transactions in the crypto space across multiple blockchains. This data is used to calculate a credit score that is then minted into a secure non-fungible token called a credit NFT (cNFT). The cNFT enables the user to unlock preferential rates and incentives across a variety of use cases e.g. reduced borrowing rates on DeFi platforms. Built on the Ethereum Layer 2 network, CreDA will operate across multiple chains including Arbitrum, BSC (Binance Smart Chain), Polkadot, Polygon, HECO (Huobi ECO Chain) and ESC (Elastos Sidechain). According to CreDA’s developers, the Credit Oracle has already retrieved the data of billions of on-chain activities related to more than 50 million addresses. This large initial data pool helps to build a reliable and trustful credit model that will continue improving as more data is collected from users who connect and mint their credit scores. One major focus for CreDA is ensuring a safe and secure experience for users. To do this, data is fully protected, secured by industry leading, W3C compliant DIDs, which are minted as part of a users cNFT. For launch, CreDA is also undergoing a strict security audit with a leading blockchain security group, Certik, and will perform similar audits regularly. The aim for the CreDA protocol is to eventually combine traditional (off-chain) and blockchain (on-chain) data to compute a holistic user credit score that allows for more flexibility and access between people’s virtual and ‘real world’ lives. This will become even more relevant as technology advances and society continues to embrace virtual spaces, such as the Metaverse. “As Benjamin Franklin once said, ‘If you want to know the value of money, try borrowing some!’ says Zhang. “The DeFi landscape is quickly evolving, but there is still one factor that is missing — credibility. The CreDA protocol enables DeFi platforms to model risk profiles across their user base and offer personalized rates and services, making them more competitive versus industry peers. “CreDA finally gives credit to the communities, the decentralized global networks of researchers and technologists who are building this new digital landscape. And it enhances the experience for the growing numbers of people who are questioning the restraints of the old financial systems and who want to get in on the action.” Through participation in the CreDA protocol and virtuous on-chain activity, users can benefit from preferential margin rates, improved credit ratings, and a range of incentives based on their credit score. Fulfilling the promise of DeFi In the early days of DeFi and blockchain technology, there was a vision that by decentralizing the industry, there will be improved access to capital for people who don’t have access to traditional banking. However, the reality hasn’t been so straightforward, as the lack of trust in the system means that lenders must de-risk by demanding crippling amounts of collateral, which has become the standard in DeFi. CreDA fulfills the promise of blockchain and decentralized finance, providing the trust architecture needed to unlock capital for the billions of people without access to traditional banking. What’s more, by turning people’s crypto experience into creditworthiness, CreDA legitimizes peoples on-chain behaviour, which can allow for greater access to traditional loans. “Whether you’re a rural farmer in sub-Saharan Africa or a fresh college graduate in Los Angeles, there are still a lot of barriers for accessing capital within the traditional financial systems,” says William Zhang, Security Architecture Lead at The World Bank Group and advocate for data as capital. “While blockchain and DeFi have helped democratize data and finance, there is still a lack of trust that can be limiting for people without existing collateral. But a solution that provides access by rewarding good on-chain behaviour and allows new users to earn trust within the system could unlock new possibilities for nearly 2 billion people around the world.” Social Links Twitter: https://twitter.com/credafinance Linkedin: https://www.linkedin.com/company/creda-finance Media Contact Company Name: CreDA (Credit DeFi Alliance) Contact Person: Jamie Read, CMO Company E-mail: press@creda.app Website: www.creda.app SOURCE: CreDA The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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Hector DAO Announces Decentralized Stablecoins, Replacing Centralized Stablecoins

Bristol, UK, Nov 24, 2021 - (ACN Newswire via SEAPRWire.com) - Hector DAO is launching algorithmic decentralized stablecoins instead of using centralized coins such as USDT and USDC. HECTOR is a fork of OHM built on the Fantom Network, allowing it to utilise the speed, security, and scalability that Fantom offers. Today, the crypto market has become mainstream with its adoption at an all-time-high. However, when Satoshi Nakamoto invented Bitcoin, he expected it to be truly decentralized. Today, a majority of the crypto market is centralized in one way or another. Even the Defi markets consist of several protocols which are highly centralized in nature. Hector DAO aims to change that with a truly decentralized ecosystem of its own. This is due to the so-called stablecoins often fluctuating during market volatility, and on the other hand the US Dollar it is backed against continues to decline in value due to rising inflation. Stablecoins have increasingly grown to become a key liquidity provider for the market. For trading, the majority of popular crypto tokens are paired with stablecoins such as USDT. However, as the size of the market has grown, so have the complexities surrounding stablecoin issuance.Thus, to achieve true decentralization, Hector will use a reserve currency in the form of $HEC. It will be backed and collateralized by Hector DAO protocol. To maintain price stability, Hector will employ the Algorithmic Reserve Currency algorithm, which will be supplemented by other decentralised assets. $HEC is not a stablecoin. It utilises fractional treasury reserves to extract intrinsic value. Hector, becoming an algorithmic reserve currency, will therefore provide free floating value.Core Areas of Hector DAOHector DAO is a DEFI governance token and thus every aspect of it is decentralized and governed by the native token. The community behind HECTOR DAO is one of its most powerful components. The way the development team interacts with the community, and how the community responds to the development team, is one of the first things a potential investor will notice about a project.The HECTOR Team makes it a priority to be open, responsive, honest, and knowledgeable at all times. The HECTOR Team has developed and customised campaigns to encourage, reward, and recognise community members and groups who go above and beyond to be helpful, positive, and insightful.Liquidity Pool fees and Bond sales increase Hector's treasury revenue. They also help to control HEC supply by locking in liquidity. Bonds enable investors to purchase HEC tokens at a reduced price. The trade-off is that the HEC tokens purchased will be claimable over a 5-day period. The continuous treasury inflow is increasing the Treasury Balance and backs outstanding HEC tokens and regulates staking APY.APY refers to Annual Percentage Yield. It utilises a real rate of return through compounding interest. APY relies on the sale of DAI bonds in order to mint new HEC tokens. If sufficient bonds are sold, then high APY rates are sustainable. If the protocol aims for 10,000% APY, and 10,000 HEC tokens are staked, 20dow to HEC tokens need to be minted daily in order to achieve SHEC the APY; (Roughly 2% growth a day). If there are at least 200 HEC tokens brought into the protocol from bond sales, the APY is sustainable. The APY can be high due to compounding interest.Hector DAO Staking and Passive Reward SystemBeing a decentralized protocol, staking is one of the core functionalities of Hector DAO, users can stake their HEC into a treasury backed token, and earn compounding yield. At the moment, each epoch pays a yield of approx 0.8%. There are 3 epochs a day. (Every 8 hours) The current APY is sitting around 800,636.6%. This equals to a 5-Day ROI of 12.8481%, and an epoch yield of 0.8492%.Once HEC is staked, the user's balance will rise in tandem with the circulating supply, implying that even if they miss out on a lower price, their HEC balance will rise as a result of the staking protocol. As a result, even at a higher price, they will generate a staking income, lowering their risk.The protocol will print more HEC tokens in order to pay out staking rewards, and each new HEC token printed will be backed by the treasury. At the moment, HEC has 5 bond types, with more being added soon. At this stage, there is no need for Hector to be audited as HEC is a fork of OHM contracts, however, a further audit will be conducted in the future. This means the protocol has already been audited twice: One by Peckshield and one from Omniscient.To learn more about The Hector DAO visit Hectordao.com Social links:Twitter: https://twitter.com/HectorDAO_HECTelegram: https://t.me/hectorDAOInstagram: https://instagram.com/hectordaohecDiscord: https://discord.me/hectorReddit: https://www.reddit.com/r/hectordaoGithub: https://github.com/HectorDAO-HECDocs: https://docs.hectordao.com/Youtube: https://www.youtube.com/channel/UCE2kfScrJujDQ32HRPEIF2wMedia ContactMr Henry Davis, The Hector DAOEmail: team@hectordao.comWebsite: https://hectordao.com/SOURCE: Hector DAO Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Announcing the HUMAN grants program: $10 million to fund the next wave of HUMAN solutions 

New York, NY / SEAPRWire / October 25, 2021 / – The MetaHUMAN Foundation has announced a grants program to support a new generation of projects looking to adopt and build on top of HUMAN Protocol. Successful applicants will have access to an allocated fund of $10 million, to supercharge the adoption of the Protocol, and realize new possibilities for HUMAN technology across new use cases. HUMAN Protocol is an open-source infrastructure. It is a beginning – a new way to represent and verify human value and contribution – that can be built upon. With each new application, the diversity of work processed by the Protocol expands, and the utility of the HMT token as a means to represent all forms of contribution increases.  HUMAN Protocol facilitates a new future of work by offering a permissionless system of exchange. Automated by software, enforced by smart contracts, and settled on the blockchain, HUMAN Protocol means any input or interaction can be tokenized, and its value securely represented. Its primary application is the creation and settlement of open job markets; the first to be supported by the Protocol is a data-labeling market, designed to offer ML practitioners the data required to create more relevant and detailed datasets.  “The grants program allows others to carry forward what we’ve started. HUMAN Protocol offers an open-source, broadly applicable solution to representing, verifying, and valuing worker contribution on an automatic basis. This could be job markets in which organizations request the completion of different jobs, split into the composite tasks; solutions such as Proof of HUMANity that verify human behaviour; or global Q&A systems,” said Alex Newman, Protocol Designer.  The core technology of HUMAN Protocol, however, extends far beyond job markets. It governs, secures, and automates the exchange of contribution – including knowledge – for value. Through it, all parties may interact and trade without trust; for example, organizations may request the completion of jobs by global workforces, with composite tasks parceled out through partnered applications. It makes possible a more comprehensive model for crowdsourcing in which both sides are equally served, and all contributions are rewarded. “HUMAN Protocol is built to change the future of work. That change will take collaboration; it will require us to support projects as they apply the technology to their unique use cases. We’re pleased to deliver a program that can help projects use, develop, and adopt HUMAN Protocol. Such a powerful tool needs to be worked on together. That is how we realize a better future of work,” said Andreas Schemm, Head of Ecosystem. The grants program is an invitation to all kinds of businesses, independent entrepreneurs, and developers to submit an application, which, far from the monetary rewards, can offer them a better way to reward workforces, offer more to users, or increase the value generated by user interactions. Applicants will be assessed in accordance with prespecified criteria, which includes the viability of the proposal and its potential value to the HUMAN ecosystem.  To learn more about the HUMAN grants program, visit the webpage, or read the latest updates on the HUMAN blog. Media Contact Brand: HUMAN Protocol Contact: Media Team E-mail: nishan@hmt.ai Website: https://www.hmt.ai/ SOURCE: HUMAN Protocol The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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HUMAN Protocol (HMT) Now Listed on Bitfinex

NEW YORK, NY, Sep 21, 2021 - (ACN Newswire via SEAPRWire.com) - The HUMAN Protocol Foundation, the team behind HUMAN Protocol, have announced today that the Protocol's native utility token, HMT, is now listed on Bitfinex.Deposits for HMT on Bitfinex opened at 09:00 UTC on Monday, September 20th, and trading opened today at 09:00 UTC.In a recent token sale, HMT was purchased by 63,000 new addresses, a number which broke the CoinList participation record. HMT is the utility token of HUMAN Protocol; all services within the network, such as data sanitation, quality verification of responses, and the final payout to Workers, is denominated in HMT."HMT is designed to transform the way people work," said Haryjot Singh, Director of Technology at the HUMAN Protocol Foundation. "To be a truly practical solution, HMT needs to be accessible to Requesters, and attractive to Workers. Each listing demonstrates the broader vision to increase the circulation of the token, and to increase its utilization."Bitfinex is one of the most popular crypto exchanges in the world. It consistently performs as one of the top exchanges, based on factors including trading volume, liquidity, website visits, and compatible fiat currencies (USD, EUR, etc.)"For a long time, Bitfinex has been one of the most powerful, popular, and robust exchanges in the world," said Haryjot. "We are delighted to list HMT on Bitfinex, and to offer users a new way to buy, sell, and trade HMT."About HUMAN ProtocolHUMAN Protocol is a way to manage and pay a distributed workforce. It is a software infrastructure that facilitates the creation of markets on top of it. Because it is automated, recorded and settled on the blockchain, there is no need for trust, and any kind of work (even microwork) can be paid for. The first job market is for data labeling; a process whereby Workers are paid for doing valuable tasks that contribute to the future of AI. But this is only the beginning, and only one possibility of potential applications; the Protocol is designed to manage and pay any workforce, working or collaborating to complete any kind of task. Because it is permissionless, developers can bring the tools they want to the Protocol.Media ContactBrand: HUMAN ProtocolContact: Media TeamE-mail: nishan@hmt.aiWebsite: https://www.hmt.ai/SOURCE: HUMAN Protocol Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Leopard Finance Set to Revolutionize Modern-Age Finance by Offering a Defi-Based Ecosystem. 

Labuan, Malaysia / SEAPRWire / September 14, 2021 /- Leopard Finance (LF), a Labuan-based defi company with shared origin from World Trade Fund, has recently launched its defi based Leopard Finance Protocol that uses blockchain and smart contracts for offering multiple defi products under a unified ecosystem. The product suite of Leopard Finance consists of a dedicated Leopard Aggregator, a Liquidity Mining Protocol, a Decentralized Lending Application, Leopard NFTs, a decentralized exchange (DEX), and an alternative to traditional wallet street market in the form of Leopard Wall Street.  The Leopard Finance platform innovates how the financial landscape works by making the transacting process seamless, efficient, and trustless while also adding innovative products and services previously available to HNIs or Big Ticket Investors only.  The director of the World Trade Fund Mr. Dave Martin present at the occasion said: “The World Trade Fund’s decentralized financial trading makes it easy to execute existing trading strategies, reduces the number of steps required to complete each trade, allows faster trading of different market pairs, and gives the ability to react immediately to buy targets and stop losses.”  “Because of the convenience of the Aggregator in automatically maximizing profits, various applications in DeFi are developing like wildfire. The ‘miners’ who used their computing power to mine Bitcoin and Ethereum are gradually being replaced by ‘farmers’ who participate in liquidity farming in the DeFi market. With the launch of our Defi based ecosystem in Leopard Finance, its dedicated Aggregator will serve as a fund trader, helping automatically select the quickest rewarding portfolio with the best return on investment in the market for its users. For Stable coins such as USDT or USDC, users can participate in a liquidity pool (e.g., USDT pool) in the Leopard Aggregator and watch the profits roll in.” the director continued.  Adrian, who is the CEO of Leopard Finance, said: “It is imperative to mention that the product suite we are offering is creating an entire ecosystem around Defi. We are not limited to just a coin or a token that anyone can launch, raise funds and go away. As you can see, we are offering the most innovative yield aggregator with the quickest rewards. Our protocol features a platform for the creation, deployment, and trading of NFTs. Similarly, our liquidity mining protocol offers one of the most rewarding farming opportunities to its prospective users.”  When inquired about the Leopard Swap, the CEO said, “As you can see in the industry that we have many dexes, but the exuberant fee, slippage issues, and sometimes even transactions not being able to execute is what the industry faces the most. As evident from its name, the Leopard Swap Platform will offer a seamless, cost-effective, and slippage-free alternative to existing decentralized exchanges. During this stage, the team also aims to launch a Defi-based Lending protocol whereby users can lend stable coins by keeping their cryptocurrencies and NFT based collectibles or digital art items as collateral.”  The Leopard platform is currently holding a private token sale, starting by the 15th of September, that allows small and medium ticket investors to participate and get early access to the Leopard Token. About Leopard Finance Leopard Finance is an innovative platform that strives to offer defi based ecosystem containing multiple products, including but not limited to an innovative Yield Aggregator, a Dex, an NFT Protocol, Liquidity Mining, Decentralized Lending, dedicated Wallet and alternative to Wall Street. Its leadership and operations team consists of more than 30 passionate team developers, blockchain evangelists, marketing specialists, fintech experts, and brand builders working for a global, scalable, and sustainable, long-term growth.  Visit the website link to know more about the project or participate in the token sale.  Social Links Facebook: https://www.facebook.com/Leopard-Finance-110309224635462/ Telegram: https://t.me/leopardfinance88 Instagram: https://www.instagram.com/leopardfinance/ Twitter: https://twitter.com/leopard_finance Media Contact Brand: Leopard Finance Contact: Joey Telephone: +60162260609 Email: support@leopard-finance.com Website: https://leopard-finance.com/ SOURCE: Leopard Finance The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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Kine Protocol to Integrate with Polygon Network to Provide High-speed, Dependable Derivatives Trading

SINGAPORE, Sep 1, 2021 - (ACN Newswire via SEAPRWire.com) - Kine Protocol has partnered with Polygon to bring high margin, cross-chain derivatives trading to the Polygon Network for further scalability and increased user adoption.Kine Protocol makes cross-chain asset transformation between Polygon, Binance Smart Chain and Ethereum network possible with lower gas fees, assuaging concerns about increasing gas fees on the Ethereum network. Accepted assets for staking include BTC, MATIC, BNB, Kine, BTC/ETH Quick LP, USDC/ETH Quick LP, MATIC/ETH Quick LP with Kine dAPP managing risk and distributing rewards.Sandeep Nailwal, Co-Founder of Polygon, said, "The launch of Kine Protocol is yet another example of the world's brightest blockchain developers choosing Polygon as the foundation for their innovations. We're excited to facilitate frictionless experiences so users can experience the future of derivatives trading on Kine Protocol."Kine Protocol's team has extensive experience in derivatives trading, with previous roles at HSBC and Merrill Lynch. By deploying general-purpose liquidity pools, Kine's DeFi protocol facilitates fast, transparent derivatives trading without the presence of counterparties.Lei Wang, CEO and Founder of Kine Protocol, said, "We look forward to growing the Kine Protocol community through Polygon and supporting Polygon's mission to bring blockchain infrastructure to the masses."With Polygon's full-stack Ethereum scaling solution, tens of thousands of Polygon users can log on at the same time to open and close derivatives positions without counterparties.Polygon's high-speed and low-gas infrastructure makes Kine's features - including staking, minting, burning, rewards, and liquidity farming - even faster, providing a frictionless experience for all users.About Kine ProtocolKine is a decentralized protocol that establishes general-purpose liquidity pools backed by a customizable portfolio of digital assets. The liquidity pool allows traders to open and close derivatives positions according to trusted price feeds, avoiding the need for counterparties. Kine lifts restrictions on existing peer-to-pool (or peer-to-contract) trading protocols by expanding the collateral space to any Ethereum-based assets and allowing third-party liquidation.Website: https://kine.io/Discord: https://discord.gg/rzFpssXHcTTelegram: https://t.me/kineprotocolTwitter: https://twitter.com/KineProtocolMedium: https://medium.com/@KineProtocolAbout PolygonPolygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon's scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users.If you're an Ethereum Developer, you're already a Polygon developer! Leverage Polygon's fast and secure txns for your Dapp, get started here.Website: https://polygon.technology/Twitter: https://twitter.com/0xPolygonReddit: https://www.reddit.com/r/0xpolygon/Discord: https://discord.gg/XvpHAxZTelegram: https://t.me/polygonofficialMedia Contact: hello@kine.io Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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XDC Network (XinFin) Selects the Butterfly Protocol for Initial Blockchain Domain Naming System for the XDC Blockchain

NEW YORK, NY, Aug 11, 2021 - (ACN Newswire via SEAPRWire.com) - Butterfly Protocol and the XDC Network announced today that the Butterfly Protocol blockchain domain system will be used for an XDC blockchain-specific domain system. Through a grant from XinFin, a blockchain registry system will be created that allows developers and users of dApps to register domains and use a growing set of open-source tools to develop a standardized URL path to data and processes.In addition, to access dApps built for the XDC blockchain, the initiative will create human-readable wallet naming and the opportunity to create single sign-on access across the dApp ecosystem. Dana Farbo, Partnership Lead for Butterfly Protocol and founder of Avrilar Inc., stated that, "We are excited to be an XDC Network partner. The Butterfly Protocol will be used for creating blockchain top-level domains (bTLD) with a blockchain that is known for scalability, stability, and very low transaction costs. This advancement will accelerate decentralized web usage."As an enterprise-ready, hybrid blockchain, the XDC Network is well-positioned to bridge legacy systems with blockchain technology, enabling institutions to take advantage of blockchain's innovative use cases.The XDC Network is EVM compatible, allowing seamless interoperability with Ethereum, and offers advanced smart contract capabilities for enterprise use cases, including asset tokenization and decentralized finance. The network is receiving increased interest from institutions looking to keep pace with rapid fintech disruption. Blockchain domains are rapidly gaining acceptance as the world moves toward Web 3.0 with a growing decentralized internet and distributed computing environment. In addition, file storage is improving with hybrid cloud and local nodes providing a more robust infrastructure to handle data-driven societies' demands. Naming systems for the decentralized space allow for ease of use and access while providing additional layers of security for fraud prevention.About Butterfly Protocol Butterfly Protocol is a decentralized autonomous organization (DAO) that aims to replace the Domain Name System (DNS) system and change the economics of domain ownership. https://coinmarketcap.com/currencies/butterfly-protocol-2/About XinFin's XDC NetworkThe XDC Network--created by XinFin--is a global, open-source, delegated proof of stake consensus network (XDPoS), which enables hybrid relay bridges, instant block finality and interoperability with ISO 20022 financial messaging standards. The network's hybrid architecture is designed to support institutional use in trade finance and tokenization and is equipped to reduce the existing gap in global infrastructure. With interoperable smart contracts, 2,000 transactions per-second throughput, and Ethereum Virtual Machine compatibility, the XDC Network provides a scalable infrastructure for independent community contributors. For more information about XinFin and the XDC Network, please visit www.xinfin.org. About XDCXDC is the native asset that powers the XDC hybrid blockchain protocol. XDC acts as a settlement mechanism for decentralized applications (Dapps) built on the XDC Network. The XDC Network is comprised of independent community contributors, including long-term backers, network utility developers and tech innovators. www.coinmarketcap.com/currencies/xinfin-networkForward-looking statements: Except for statements of historical fact, the matters discussed in this press release are forward-looking and made pursuant to the Safe Harbor provisions. "Forward-looking statements" describe future expectations, plans, results, or strategies, and are generally preceded by words such as "future", "plan" or "planned", "expects," or "projected." These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, difficulty in developing and marketing products, intense competition, and additional risk factors.Source: Plato Data Intelligence: https://Platoblockchain.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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