Press Release
Agrifi New Staking Program: Earn Competitive Rewards with Flexible Options
Agrifi, the blockchain-powered platform transforming agriculture through cutting-edge technology, is excited to introduce the launch of its AGF token staking program. This new initiative offers token holders the opportunity to earn significant rewards while participating in the growth of the Agrifi ecosystem, furthering its mission to revolutionize the agriculture supply chain through blockchain technology. With the potential for passive income and enhanced engagement in our community, now is the perfect time to get involved.
Staking Framework
Agrifi has introduced innovative concepts in its staking ecosystem to benefit users. We designed the staking system around two main principles: offering AGF token holders the opportunity to earn passive rewards with competitive Annual Percentage Yields (APYs) and providing a variety of flexible staking options.
Staking Mechanism:
AGF token holders can participate in the staking program and earn annual percentage yield (APY) rewards based on the duration of their locked tokens. The staking periods range from 30 to 360 days, with flexible options tailored to the user’s preferences:
- 30 days lock period with 5% APY
- 60 days lock period with 7% APY
- 90 days lock period with 9% APY
- 120 days lock period with 12% APY
- 360 days lock period with 18% APY
Staking Program:
Participants in the program will also benefit from dynamic staking options, which enable them to select lock periods based on their desired risk-reward ratio. The longer the staking period, the higher the rewards. Additionally, an unstake fee of 2% applies to early withdrawals, ensuring participants are incentivized to stay committed.
Simplified Process for Seamless Staking
Agrifi’s staking platform ensures a user-friendly experience, enabling token holders to:
- Easily stake and manage AGF tokens via a decentralized wallet, including MetaMask, WalletConnect, and Coinbase.
- Monitor real-time information on staked amounts, rewards, and redemption dates via the staking dashboard.
- Benefit from transparent, automated reward calculations based on the total locked value and staking duration.
Steps to Stake
Step 1 : Connect your wallet using Metamask, WalletConnect, Coinbase, or Rainbow. Please note that staking is currently live only for AGF on the Polygon network.
Step 2 : Select Stake Now
Click on the “Stake Now” button to proceed to the staking options.
Step 3 : Select Duration : 30, 60,90,120,360 Days -Enter the amount of AGF tokens you wish to stake (ensure you have sufficient tokens in your wallet) and click “Stake.” Fill in the amount you want to stake (ensure you have the tokens in your wallet) & click on stake.
Step 4 : Approve and Stake Amount
Approve the transaction and confirm the amount you want to stake.
Step 5 : Claim Rewards after Staked Duration
After the staking duration is complete, you can claim your rewards.
Please note that there is a 2% fee for early withdrawals if you decide to unstake before the chosen duration.
About Agrifi
Agrifi is driving an agricultural revolution, harnessing blockchain technology to transform the agricultural supply chain. Our mission is to enhance transparency, efficiency, and sustainability in agriculture while empowering farmers and supporting small-scale agricultural practices.
Join us on this exciting journey to explore the future of agriculture while potentially enhancing the value of your AGF tokens. We’re not just redefining agricultural finance; we’re revolutionizing the future of farming and food production.
Ready to start staking your AGF tokens? Visit our website at https://agrifi.app/auth for detailed steps on how to stake your tokens. Stay connected with us on Telegram, Twitter, Facebook and Instagram for the latest updates and community discussions.
Press Release
How Bitcoin’s price rise has increased the number of cryptocurrency payments
NOWPayments Announces Significant Gain in Crypto Payments
NOWPayments, a leading crypto payment gateway, is excited to announce the significaте Increase of Crypto Payments since the beginning of November.
Why Bitcoin took a new ATH in November?
Starting in January 2024, Bitcoin’s price was around $48,717, marking a period of cautious optimism following a tumultuous 2023. Throughout the first half of the year, Bitcoin experienced significant fluctuations as market dynamics shifted, driven by regulatory developments and increased institutional interest. By November 2024, Bitcoin had reached a pivotal moment, hitting an all-time high (ATH) of $75,000 on November 8 and then surging to $89,000 shortly thereafter.
This remarkable growth didn’t go unnoticed by the business world. Companies across various industries quickly recognized the massive business opportunity Bitcoin presented. The ATH sent a clear message: Bitcoin was no longer just a speculative asset but a powerful tool for transactions, store of value, and an entry point into the broader crypto economy.
Businesses’ interest in Bitcoin grew for several reasons:
- Increased Institutional Adoption: Major financial institutions rolled out Bitcoin-based services, providing legitimacy and opening doors for mainstream use.
- Global Payment Integration: Bitcoin’s borderless nature appealed to businesses seeking efficient, low-cost cross-border transactions, particularly as inflation and currency instability impacted traditional fiat systems.
- Hedge Against Inflation: As global economies faced ongoing inflationary pressures, Bitcoin became a preferred asset for protecting wealth, especially for businesses looking to diversify holdings.
Climbing to $75K
The journey to $75,000 began with a series of positive developments in the cryptocurrency market. Following the approval of Bitcoin Spot ETFs and increased institutional buying, Bitcoin’s price steadily climbed. On November 7, 2024, Bitcoin reached approximately $76,999 before closing at around $75,820. This surge was fueled by a bullish market sentiment as investors reacted positively to the election results and anticipated regulatory clarity under Trump’s administration.
Breaking Through $80K
Following its initial surge to $75K, Bitcoin quickly surpassed the $80,000 mark on November 10, 2024. The momentum continued as traders rushed to capitalize on the positive sentiment surrounding the cryptocurrency. By this point, BTC was trading at approximately $80,976, reflecting an increase of nearly 9.64% from the previous day.
Approaching a New BTC All Time High at $90K
As of November 12, 2024, Bitcoin’s price soared to around $89,000. This represents a staggering increase within just a few days following the election and highlights the cryptocurrency’s volatility and potential for rapid gains. The combination of strong demand from both retail and institutional investors has driven BTC prices higher as they anticipate further growth.
How has the new ATH for BTC led to an increase in crypto payments?
We decided to analyse how the rise in the price of the main cryptocurrency – BTC affected the number of payments. NOWPayments team took the number of payments before the U.S. election and compared it with the data after the Trump has won. The result exceeded all expectations. Thanks to the growth of BTC from $72,729.89 to $90,750.94, the number of payments increased by as much as 8%. This significant change indicates the increased interest in cryptocurrency and the correlation of BTC price and cryptocurrency usage.
- Correlation Between BTC Price and Crypto Payments:
The 8% increase in the number of payments demonstrates a clear correlation between Bitcoin’s price growth and the rising adoption of cryptocurrency for transactions. As BTC’s value surged, so did user engagement with crypto payments.
- Increased Interest in Cryptocurrency:
The significant rise in payments highlights growing public and business interest in cryptocurrencies as a viable payment method, especially during moments of market optimism fueled by events like the U.S. election.
- Market Events Drive Crypto Adoption:
The post-election Bitcoin rally, combined with its ATH, underscores how political and economic events can directly impact crypto adoption, encouraging more users to explore cryptocurrency as both an investment and a practical payment tool.
About NOWPayments
NOWPayments is a leading crypto payment gateway providing easy and secure payment solutions for businesses around the world. With support for over 300 cryptocurrencies and features like auto coin conversion, donation widgets, and e-commerce plugins, NOWPayments offers flexible and robust payment tools for businesses of all sizes.
Press Release
Mizzle Partners with InFlux Technologies to Power DePIN Platform with Decentralized Cloud Infrastructure and Advanced Computing Resources
- Partnership to provide decentralized computing resources, enhancing platform scalability, security and high availability for distributed services
InFlux Technologies (Flux), a leading global decentralized technology company specializing in cloud infrastructure, artificial intelligence, and decentralized cloud computing services, today announced a partnership with Mizzle, a pioneering decentralized physical infrastructure network (DePIN) platform.
Under the partnership agreement, Flux will provide decentralized computing resources including CPU, GPU, storage and network capacity as required by Mizzle for its platform operations. This includes support for distributed applications and services, ensuring high availability, scalability and security. The agreement also includes monitoring and management of Mizzle’s infrastructure to ensure optimal performance along with maintenance and upgrades of the infrastructure as needed. Mizzle will work toward an estimated spend of $500,000-plus per year post-launch, with an estimated launch of January 2025.
“This partnership represents a key step in our commitment to delivering decentralized computing solutions at scale. By supplying Mizzle with essential resources, we are ensuring the platform’s ability to maintain high availability, scalability, and security. This agreement highlights the growing demand for decentralized infrastructure and demonstrates its practical applications in supporting distributed services,” said InFlux Technologies CEO and Co-founder, Daniel Keller.
Mizzle is a hyper-efficient CI/CDwith no-code development operations which simplifies server management allowing teams to innovate and scale without operational hurdles. Its confidential computing experience carries unmatched security with TEEs, eBPF and decentralized cloud compute, keeping data and operations fully protected. Mizzle has advanced storage and benefits from decentralized cloud storage enhanced with zero knowledge proofs and fully homomorphic encryption. The company is quantum ready with edge computing, is IoT-ready and committed to green computing.
Flux ensures a minimum uptime of 99.99% of decentralized infrastructure services, barring any outages or maintenance windows and offers technical support to integrate and manage the compute resources. Flux offers data security and compliance and complies with all relevant data and security regulations, ensuring the infrastructure is designed to meet regulation standards.
“We are excited to partner with InFlux Technologies, taking a key step toward advancing decentralized cloud solutions. By combining Mizzle’s technology with Flux’s expertise, we will drive greater value for enterprises and governments worldwide. Together, we are shaping the future of decentralized applications and empowering innovation across the ecosystem.,” said Founder of Mizzle Arjun Mishra.
About Mizzle
Mizzle is a DePIN platform designed to empower developers with no-code DevOps. We enable atomic and horizontal scaling of compute and storage, ensuring unparalleled flexibility and performance. Our platform combines advanced AI-driven infrastructure management with trusted execution environments (TEEs), leveraging eBPF technology for real-time protection and monitoring. We also incorporate state-of-the-art cryptographic techniques, including Fully Homomorphic Encryption and Zero-Knowledge Proofs, to guarantee maximum data privacy and security. As we move into the quantum era, with a strong commitment to Green computing (ESG), Mizzle is your trusted partner for scalable, secure, and efficient decentralized infrastructure.
For more information, visit the company’s website at www.mizzle.io.
About InFlux Technologies
InFlux Technologies (Flux) is powering a decentralized Web3 cloud infrastructure composed of user-operated, scalable, and globally distributed computational nodes. Flux provides the critical, high-availability infrastructure for the New Internet. The Flux service offers a fully decentralized alternative to some of the world’s largest cloud infrastructure providers while offering competitive pricing. Flux is committed to developing disruptive solutions that empower individuals and businesses in the blockchain industry, emerging technologies like AI, and the broader technology space worldwide.
For more information, visit the company’s website at www.runonflux.com.
Press Release
Digital Assets Underinsured: Report Identifies $19 Billion Coverage Deficit, Less Than 3% Secured
A recent report, Furthering Digital Assets 2024: Pioneering Insurance Solutions for the Web3 Era, highlights a substantial coverage gap in digital asset insurance, revealing that only 3% of digital assets are currently insured. This gap leaves billions at risk, with an estimated $19 billion in losses from fraud and security breaches since 2011.
The report emphasizes significant incidents that illustrate the vulnerability in the sector. These include a $650 million breach at Ronin in March 2022 and a $614 million loss from PolyNetwork in August 2021. As investments in digital assets increase, so does the call for comprehensive risk management solutions, particularly from institutional stakeholders.
With more than 90% of crypto hedge funds expressing a desire for mandatory insurance on exchange-based assets and around 40% of institutional investors now holding cryptocurrency, the demand for tailored insurance products is clear. Further Ventures, the report’s creator, points to a growing interest from institutions seeking ways to protect their digital assets through robust insurance policies.
The report also sheds light on recent regulatory responses. The Hong Kong Monetary Authority (HKMA), for example, has set mandates for digital asset custodians, requiring 50% insurance coverage on cold storage and 100% on hot wallets. Despite these initiatives, high premiums remain a challenge, with average rates around 0.5%-5% for custody insurance and 5-10% for slashing events and Directors & Officers (D&O) policies.
According to the report, addressing the insurance gap in the digital assets industry will likely require innovation in policy structure, more accessible premium rates, and a regulatory environment that supports the development of effective, comprehensive solutions. As the sector evolves, insurance options may play a critical role in fostering institutional confidence and broader adoption of digital assets.
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