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DeltaPrime Unveils $PRIME Token: Pioneering a New Standard in DeFi Governance and Utility
DeltaPrime, a decentralized borrowing and investing platform, is thrilled to announce their Token Generation Event (TGE) on Uniswap and Trader Joe. The TGE marks another innovation in crypto with the launch of the $PRIME and $sPRIME tokens on July 1st, 2024. Born in the bear market and operating on the Arbitrum and Avalanche networks, DeltaPrime’s inventive tokenomics design focuses on stable growth of its liquidity pools, as well as enhanced community rewards and governance capabilities. Community-minded and transparent, DeltaPrime has developed a novel protocol with outstanding security measures for trustless, undercollateralized borrowing of crypto assets to be used for trading, yield farming, and liquidity providing on other whitelisted protocols. Protocol revenue in Q1 this year exceeded $1.5M, and the community Seed round of ColonyLab was notably 58% oversubscribed, demonstrating strong investor confidence in DeltaPrime’s vision and execution. Additionally, a significant LTIPP grant of 750,000 ARB, the same size as those received by well-established platforms like Lido and Aave, highlights DeltaPrime’s emerging stature and reliability in the DeFi space. But unlike Aave, DeltaPrime propels the DeFi industry from the overcollateralized past to the future of undercollateralized crypto loans. By launching $PRIME and $sPRIME, DeltaPrime preserves its sustainable business model while also rewarding and steadily transitioning governance to its biggest supporter, its community.
Revolutionizing DeFi: Advanced Trading and Governance $PRIME and $sPRIME empower users by providing enhanced trade and LP capabilities utilizing idle capital and robust governance structures, setting new standards for participation and profitability in the decentralized finance (DeFi) landscape. $PRIME, the primary tradable token of the DeltaPrime ecosystem, is integral to the platform’s liquidity framework. As a versatile ERC20 token, $PRIME can be traded on open markets, utilized in liquidity pools on decentralized exchanges (DEXs), and transferred between entities, facilitating seamless market interactions. $PRIME means community.
Unique to $PRIME is its role in creating $sPRIME through liquidity pairings, such as PRIME-AVAX or PRIME-ETH, embedding it deeply within DeltaPrime's operational and governance mechanisms. Contribution to the LP is simplified through the DeltaPrime app, making $sPRIME acquisition a breeze. $sPRIME marks a significant innovation in the realm of DeFi governance and revenue sharing. This LP-token serves as a utility token within the DeltaPrime ecosystem and also as a vehicle for governance, enabling holders to actively participate in decision-making processes. $sPRIME holders that support the platform’s growth enjoy the dual benefits of influencing the platform’s direction and contributing to- and sharing in its financial success, which notably amassed $1.65 million in Q1 of 2024. Of the protocol’s total revenue, 33% goes to active $sPRIME holders, 33% to the treasury for further development, and 33% to the protocol’s insurance funds. $PRIME emissions are dynamically calibrated based on current market conditions to ensure economic stability and sustainable growth. This adaptive supply strategy helps stabilize $PRIME’s value during market fluctuations, with mechanisms in place to increase supply during high demand and initiate buybacks when demand wanes. $PRIME is not a stablecoin however, and therefore is susceptible to price variations based on its supply and demand. $sPRIME stands out by being the first concentrated LP-token used as a platform’s main currency, next to generating governance power. The token becomes ‘active’ by keeping the underlying liquidity centered around the current price, increasing its value to those that support the platform’s growth.
DeltaPrime Leads with Community-Driven Governance At the heart of DeltaPrime’s approach is a commitment to transparency and a governance model that places decision-making directly in the hands of its users. $sPRIME holders that contribute to the platform’s growth do not only receive a staggering 33% of the protocol's revenue, but they also gain voting rights that shape the platform's policies and direction. A user receives governance points by holding a 10:1 ratio of $sPRIME to protocol usage, either as a borrower or lender on the platform. This democratic process ensures that every decision reflects the collective will of those who use the platform, fostering a truly decentralized governance structure made up of active DeltaPrime users.
Prioritizing Security DeltaPrime prioritizes the security of user funds above all. This commitment to security, coupled with DeltaPrime's strategic expansion, has solidified its position as a reliable and enduring presence in the DeFi landscape. To mitigate inherent risks, DeltaPrime has established a comprehensive suite of safety features designed to protect user assets and maintain the security of the platform: borrowed funds can be used only on whitelisted protocols and tokens, users can’t run away without repaying the loan, and there is insolvency protection through liquidation bots that oversee loan health.
Gearing up for its 7th successful audit, DeltaPrime from market manipulation and exploits, and, in the unlikely event that multiple on-chain checks miss an issue, an insurance fund covers any affected depositors. DeltaPrime remains fully committed to providing a secure and reliable platform for all users today and in the future.
About DeltaPrime DeltaPrime is your prime broker on a mission to unlock the full potential of DeFi. They do this by providing secure undercollateralized loans, with a focus on maximum capital efficiency. Being built on the foundations of Avalanche and Arbitrum, their Prime Account holders know they get fast and reliable transactions for their most important investments. Built on its inventive Diamond Beacon Proxy pattern, DeltaPrime’s escrow smart contracts are infinitely scalable and allow the platform to sustain the quickest turnaround of integrations in the DeFi space. Learn more: X | Discord | Medium | GitHub
StarCheck Announces The Most Accessible and Affordable Retail AML Checks
After $24.2bn was stolen in crypto-related fraud in 2023, individuals and businesses are taking preventative measures with their wallets, leveraging do-it-yourself retail AML wallet-checking services.
StarCheck – a preventative best-practice tool that allows retail users to perform private AML checks – has just announced that their service is now the world’s most affordable and accessible. A StarCheck Pro package of 100 AML checks costs just $29, making each check $0.29. This tally is considerably lower than the $0.99 pay-as-you-go check service, which is still lower than rival services. Pro packages also offer free priority support on this pricing model, helping users stay ahead of scammers and avoid the consequences of handling ‘dirty’ digital assets. The Estonia-based company strongly advocates for increased AML and KYC checks due to the unpredictable nature of the cryptocurrency industry. They claim that doing your due diligence with a private AML check before any transaction can be seen as a preventative measure to avoid interactions with unknown and potentially nefarious individuals. Until recently, individuals could not access retail AML checks, as they were sold as services to cryptocurrency exchanges as part of major contracts. Now, the ability of individuals to perform checks on other wallet addresses, thanks to StarCheck, drives the democratization of finance and the distribution of power. Archy Park, a Spokesperson for StarCheck, provided more perspective about this increased accessibility,: Would you, as a merchant, accept stolen cash, knowing it was stolen? Probably not, right? What if you didn’t know, but could easily find out whether the funds were clean or not, without alerting the other person? That’s a better situation, right?Fortunately, with the transparent nature of on-chain cryptocurrency tokens, we can see the journey that cryptocurrencies have been on, and the StarCheck technology can identify when coins have been stolen, passed through illegal mixing services, or have been held in wallets that are flagged for money laundering, blacklisted for cybercrime, or identified as being under sanction. We provide good and honest cryptocurrency enthusiasts with a valuable service to protect them from the malicious entities that sadly carry out countless cryptocurrency-related frauds every year. The first ten checks are free, for those who want to see for themselves.
Described as “Being on the right side of crypto”, the StarCheck service has been designed with two ideal retail users in mind: those who engage in P2P cryptocurrency transactions, and merchants who have decided to accept cryptocurrency as a payment method. These retail users must engage in the four-step checking process, which consists of pasting the counterparty’s wallet address, selecting the asset the receiver will be sent, clicking “Check”, and receiving a score out of five stars. One star indicates that the wallet is almost certainly tainted and the funds have been involved in some fraudulent activity, while 5 stars signify a clean wallet address. Each check can be performed on over 8,000 different cryptocurrencies, with the result providing both a shareable link (which can be used to inform the wallet owner or law enforcement), and a signed PDF report. It’s not uncommon for cryptocurrency addresses to get flagged for illicit activities, due to the aforementioned transparent nature of blockchain activity. Until now, non-criminal users being flagged by crypto exchanges have been the victims of bad luck, accidentally holding illicit funds. Now, with an affordable preventative tool at its disposal, the industry and its investors can overcome this issue. The impact should be felt far and wide, as account blockings and illicit transactions are minimized, thanks to people taking more precautions. For retail users, AML checks were once just a part of the cryptocurrency exchange sign-up process, but now they’re accessible to all. By overcoming the need to sign AML contracts with big companies, StarCheck aims to continue educating and advocating for AML checks at a retail level.
About StarCheck StarCheck is a rapid and efficient AML verification service for cryptocurrency wallets. The tool allows you to examine wallet addresses to prevent USDT, Bitcoin, Ethereum, and 8000+ assets from being frozen by exchanges or custody services.
Media Contacts Company name: StarCheck Company Website: StarCheck.io Company Email: support@starcheck.io
For more information and official comment from StarCheck, contact Archy Park. Telegram: https://t.me/PR_StarCheck Email Address: archypak@starcheck.io
Social Media Contacts X (Twitter): https://twitter.com/StarCheck_io Telegram: https://t.me/starchecknews Facebook: https://www.facebook.com/starcheckio YouTube: https://www.youtube.com/@StarCheck_io LinkedIn: https://www.linkedin.com/company/starcheck-io/
Technium Strengthens Global Footprint with New Initiatives in Cryptocurrency Adoption
June 14, 2024 – Technium International Limited is proud to announce a series of innovative initiatives aimed at expanding cryptocurrency adoption and solidifying its global presence. As a pioneering organization in the field of cryptocurrency trading and technology, Technium is committed to making digital finance more accessible and beneficial for users worldwide.
Innovative NFT Utilization and Community Engagement One of the key initiatives focuses on expanding the utility of NFTs within the Technium ecosystem. Future plans for Technium's NFTs include providing holders with access to various incentives such as financial benefits from a global rewards revenue-sharing LP pool, use as characters in Technium's metaverse and gameverse, and first access to new products and exclusive events. These features not only enhance the value of the NFTs but also foster community engagement and mutual growth, aligning with Technium's vision of a participatory and inclusive digital economy.
Advancing Trading with Technium Sentinel Strike (TSS) Technium's cutting-edge TECHNIUM SENTINEL STRIKE (TSS) system is revolutionizing how users engage with cryptocurrency trading. TSS is designed to identify and capitalize on profitable token opportunities by scanning liquidity markets and evaluating token viability through comprehensive data analysis. The system uses advanced AI algorithms to dynamically adapt trading strategies, ensuring optimal decisions and minimizing risk in volatile markets. This approach makes cryptocurrency trading accessible and profitable for both experienced traders and beginners.
Building a Robust Blockchain Ecosystem Technium’s ecosystem, built on the Technium Matrix Protocol, integrates advanced blockchain technology to enhance global connectivity and financial empowerment. The protocol supports a variety of innovative platforms, including a game-fi system that merges entertainment with educational insights into NFTs, and a real-world asset (RWA) trading platform that simplifies traditional investment processes. These initiatives aim to democratize access to digital assets and make blockchain technology transformative and accessible to everyone.
Promoting Financial Inclusion through Strategic Partnerships Technium is forging strategic partnerships with local businesses and financial institutions across emerging markets. These partnerships are designed to integrate cryptocurrency into everyday transactions, making it easier for individuals in regions with limited access to traditional financial services to participate in the digital economy. By collaborating with key stakeholders, Technium is building a supportive ecosystem that encourages broader cryptocurrency adoption and drives financial inclusion.
Future-Focused Technological Innovation As part of its commitment to continuous innovation, Technium is investing in the development of Technium GPT, an interactive AI-driven trading assistant that uses big data and machine learning to provide immediate cryptocurrency trading insights. This tool will empower users with the information they need to make informed trading decisions, further enhancing the accessibility and usability of Technium’s platform.
Expanding Access and Empowering Users Globally Technium's global expansion initiatives are designed to empower users by providing them with the tools and resources they need to engage with digital finance confidently. From innovative NFT applications to cutting-edge AI trading solutions, Technium is at the forefront of making cryptocurrency more accessible and beneficial for everyone.
About Technium International Limited Founded in 2018 and registered in Seychelles, Technium International Limited is a leading organization in cryptocurrency trading and technology. Technium’s mission is to bridge the gap between crypto trading and the general public, making blockchain technology and digital finance accessible and transformative for individuals around the world. For other information or updates, refer to Technium. Tech as well as their social media links below:
Blockchain Life 2024 to Take Place in Dubai as the Peak of Bull Run is coming
The legendary Blockchain Life 2024 will return for its 13th edition on October 22-23. As Dubai gains a reputation as a global crypto hub, the forum is set to be the central event of this year. With the highly anticipated peak of the crypto market growth still ahead, the forum presents an excellent opportunity for attendees to maximize their earnings. More than 10,000 people from 120 countries are expected to gather at the forum, to gain valuable knowledge, forge new connections, and explore potential investment opportunities. The two-day event will feature a lineup of industry experts, thought leaders, and innovators who will share their insights and strategies in the fast-growing market. In addition to the insightful panel discussions, Blockchain Life 2024 will feature an innovative expo area where leading industry companies will showcase their latest products, services, and technologies. VIP ticket holders and speakers will also experience the hours of informal networking at the legendary AfterParty.
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