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Press Release

Holder Finance: The Pioneer Ethereum Gasless Protocol

Team Bitcoin Daily

Published

3 years ago

on

Now, unlike any other time, the Ethereum world is growing, but so are the gas prices associated with transactions. For instance, just one year ago, the Ethereum gas prices stood at an average of 14.38, but today the gas charges are 153.27. This rise represents a surge in fees with over 1000%. It’s becoming more expensive every other day to trade using the Ethereum networks. What would you say about a platform that lets investors leverage the ethereum network at the lowest to no gas charges? Well, Holderfinance introduces a gasless protocol with the motive of reducing GAS. What exactly is Holder Finance? Holder Finance is a Defi token project based on a Cross-chain ecosystem as a store of value. It has a token dubbed HFi, which helps in running the entire ecosystem.  HFi tokens are like digital gold since their value will increase vastly due to the surging demand over the years. The total supply of the tokens will remain at 1000, all released in 10 years. Holder finance introduces a protocol dubbed HolderSwap, the all-in-one solution to the unfavorable Ethereum gas fees, cross-chain trading and AAT as Automated Arbitrage Trading.

HolderSwap

HolderSwap is Holder Finance’s Decentralized exchange plugin created as the ultimate solution for the surging Ethereum gas fees. Trade executors and recipients will use personalized trade execution charges. The Dapp introduces some of the best features to ensure the gas fees are reduced to almost zero, thus leaving investors with ample incomes. Here are the features;
  1. Holder Limit Protocol
One feature introduced in the HolderSwap project which will help offer reduced gas fee is the holder limit protocol. This protocol allows users to add limit orders on Uniswap gas free and place limit orders on BSC DEXes such as PancakeSwap, BurgerSwap or FEGex. This tool fosters utter simplicity and efficiency, thus capable of providing GAS free trades. The tools defining the holder limit protocol include;
  • Top security and maximum decentralization
  • Certified and audited
  • Extra simple user interface
  • Permitted batched transactions for lower gas fees
  • An autonomous arbitrage trading option will be available in Uniswap, Balancer, SushiSwap, and Mooniswap.
  • A simple and cost efficiency bridge protocol which allows cross-chain trading.
  1. The OTC Desk
HolderSwap will have an OTC market, an over-the-counter trading tool allowing users to access exchange services fast and effortlessly. This tool offers traders personalized services, thus avoiding slippage, high fees, and other swap and trading issues. The OTC tool helps you sell tokens free from taxation. Among the attributes defining the OTC desk include;
  • Highly dedicated to early users by providing an intuitive UI and simplifying the entire process.
  • Supports all ERC-20 and BEP20 assets and other assets like wBTC, wETH and USDC and USDT
  • The OTC will host a decentralized application that will help serve everyone globally in real-time.
  1. Dynamic Fee Adjustment Tool
Centralized exchanges charge their trading fee based on the monthly volume, i.e., the higher the volume, the lower the fee, and the vice versa is also true. However, this system is unfair to small traders with smaller volumes. HolderSwap is developing a tool dubbed dynamic fee adjustment tool where the trading fee will vary based on the asset’s volatility and price movements. The minimum attainable trading fee is 0.05%, and the maximum is 1%, all dependent on the volatility. This provides benefits for all traders and users of HolderSwap by giving equal advantages in using the platform.
  1. Liquidity Provision Cap
The liquidity provision cap is designed to ensure the users earn the best income for providing liquidity in a pool. HolderSwap instills systems to ensure the rewards on liquidity provision brings better rewards than in other exchanges like UniSwap.

HolderSwap’s Native Token

As a product of the Holder Finance project, HolderSwap will leverage the powers of the HFi token. However, HolderSwap has its native utility token dubbed HFS that serves people within the platform. Users are rewarded with HFS tokens in the platform for using the HolderSwap plugin OTC desk, limit orders, and liquidity provision. This token will help reward the HFi token holders based on their stakes and the persons participating in trades within the network as well as a dual rewards farming program.. There is a maximum number/total supply of the HFS token of 3,000,000 HFS which is going to be released over a year. Therefore the platform institutes strong policies to ensure it protects the values of these tokens through a high deflationary mechanism.. It hardens the minting of new HFS tokens, thus effectively limiting the number of tokens in circulation over time. This minting difficulty will follow the prevailing prices and surges of these tokens over a 24 hour period. For instance, if the price surges by 10%, the limiting difficulty will increase with an almost similar intensity. Other algorithms will also be instituted to ensure that the supply and circulation are limited and the demand remains high. The platform will also instill a token burn mechanism to burn 5% of every sell order once the circulating supply hits 200k HFS. According to their podcast, HFS completed their LGE recently minting around 60,000 HFS.

Top Transparency and Security

HolderSwap assures investors top security and transparency through the various policies they set for the tokens. For instance, the platform developers will only list ERC-20/BEP-20 tokens with the following attributes;
  • The new token must be audited by their security partner CDTSEC
  • An open-source contract that CDTSEC has already approved
  • A token that already runs safely on UniSwap or PancakeSwap

Conclusion

Holder finance’s introduction provides crypto investors with an excellent opportunity for investing in a value retention token. However, more advantageous is the introduction of HolderSwap by Holder Finance. HolderSwap is the long-awaited solution to the many issues clouding Defi, especially the ever increasing Gas fees in the Ethereum network. This gasless protocol ensures that regular traders benefit from trading at favorable to no fee by leveraging the OTC, limit protocol, and fee adjustment tool. Its native token HFS is also providing excellent opportunities for earning passive incomes to all the investors. Investors should be ready to try out this tool and expect the best results.

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Team Bitcoin Daily

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

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Press Release

Web3 Innovation and Transformation: InnoBlock 2024 Held by ABGA and BBS

Team Bitcoin Daily

Published

3 days ago

on

September 17, 2024

By

3 Days to Go! InnoBlock 2024 is About to Kick Off!

Web3 technology is leading a global technological revolution, propelling the internet industry into a new era of profound transformation and reconstruction. In this digital revolution, innovation is not only the driving force for the development of the Web3 industry, but also a crucial strategy for its future layout. In response to this trend, ABGA and BBS have teamed up to host a two-day Web3 innovation event, InnoBlock 2024, at Singapore Expo from September 16-17. This event will bring together blockchain leaders from over 20 countries, with nearly 150 industry leaders from top Web3 public blockchains, venture capitals, exchanges, media communities, and renowned projects, all convening to engage in face-to-face discussions with attendees. As of press time, over 5,000 participants have registered across all channels for this summit, fully demonstrating the strong appeal of the event and guest lineup within the industry. InnoBlock 2024 is expected to have a widespread and profound impact on the Web3 industry during Token2049.

Organized by ABGA and BBS, and co-organized by Imagine Creation Combinator (ICC), DePIN X, Parasail, and Metis, this event aims to gather top experts and leaders in Web3 industry to jointly explore the cutting-edge developments and application prospects of Web3 technology, facilitate the integration of innovative achievements into the Web3 industry,  and accelerate the construction of the ecosystem. The event is dedicated not only to empowering the Web3 industry through innovation but also driving further economic development in the Asia-Pacific region. It covers a wide range of topics from industry macro trends to the development and construction of the Web3 ecosystem, attracting hundreds of industry experts and influencers to gather and discuss the limitless possibilities of the Web3 industry.

The event will feature two main stages and an Open Stage. Over the course of two days, the summit’s agenda will showcase 23 keynote speeches, 26 panel discussions, and 3 fireside chats, covering Web3, AI, GameFi, DePIN, and more. Notably, on the morning of September 17th, local time, Stage 2 will host the launch ceremony of the GameFi Quantum Leap: Metis & ABGA Accelerator Program in Partnership with Google Cloud Web3, an initiative jointly initiated by Metis, ABGA, and Google Cloud. This accelerator program aims to guide experienced Web2 teams through the complexities of blockchain and GameFi, providing robust resource support and a dedicated fund of up to ten million dollars to empower startup teams to achieve innovative development and long-term success in the Web3 space.

Furthermore, the Open Stage will present two highly anticipated events: the Miss Universe Singapore InnoBlock Tour and the Airdrop Demoday. The Miss Universe Singapore InnoBlock Tour will stage the integration of the elegance and the future of Web3, while the Airdrop Demoday offers participants the opportunity to interact with top project teams and investors. These activities will further enrich the on-site experience, enhance audience engagement and interactivity, and add even more vitality to the summit.

The following is the agenda of the event:

Since its official announcement, InnoBlock 2024 has attracted significant attention from the industry and garnered strong support from a wide range of partners. Gamp, Seraph, Privasea, GhostDrive, Advertising Time Token (ATT), and Infinitar have come on board as Golden Sponsors, while Footprint Analytics, D’islands, InitVerse, XPIN Network, Alchemy Pay, SafePal, Metay.ai, Seed.Photo, Pika, Allin Exchange, IXO Protocol, JoinCare, AEON, Mumubit, IBIT, Nesa, Moomoo Financial Singapore, XenoBunny, Halfwish, Alien, Beosin, PING, and Mbit Wallet are supporting the event as Silver Sponsors. The AI Exhibition Zone is backed by DeepBrain Chain, DeepLink, DecentralGPT, DRCPad, DBC Capital, and DeepAITalk.

Moreover, MetaEra joins as the Strategic Partner, Web3Labs as the Ecosystem Partner, Dethings as the Primary Media Partner, and Google Cloud as the Cloud Partner. LingoAI and Web3 Alliance (W3A) are serving as AI Guiding Organizations, while Polaris Marketing, Eurasia Blockchain, TONSquare, DuckChain, Crydit, Digitalabs, and the Artificial Intelligence International Institute (AIII) contribute essential support as Partners. Their collective efforts have played a key role in the success of this event.

Speaker list as below:

InnoBlock 2024 will emerge as a pivotal platform for exchange and innovation within the Web3 industry, offering industry experts, investors, and tech enthusiasts alike the opportunity to delve deeply into Web3 technology and its myriad applications. This prestigious event not only showcases the latest advancements in Web3 technology but also provides forward-thinking insights into its future trends.

We eagerly extend a warm invitation to all from every sector to embrace InnoBlock 2024, joining us in an exhilarating exploration of the boundless creative possibilities within the Web3 realm. As Web3 technology continues to evolve, this summit will present the latest industry dynamics and future trajectories. We eagerly anticipate sharing with you the vision of Web3’s future and striving together towards new heights.

About ABGA
ABGA is a groundbreaking club centered around Web3 gaming, backed by renowned institutions within the Web3 industry. By harnessing the collective strength of the Asian gaming industry, we aspire to forge a promising future for the global Web3 gaming sector.

About BBS

BBS.NYC is a blockchain conference organization based in New York, focusing on crypto and cutting-edge technology. We are dedicated to providing entrepreneurs, investors, developers, policymakers, media, and industry enthusiasts with an inclusive platform for sharing ideas, reducing information gaps, exploring potential opportunities, and accelerating global technological advancements.

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Blockchain

CeFi and DeFi Leaders Converge at Exclusive Pre-TOKEN2049 Singapore B2B’s Executive Night

Team Bitcoin Daily

Published

5 days ago

on

September 15, 2024

By

In an era marked by the rapid convergence of traditional finance (CeFi) and decentralized finance (DeFi), the boundaries between these two worlds are becoming increasingly blurred. As the financial landscape continues to evolve at an unprecedented pace, industry leaders are seeking opportunities to navigate this new paradigm and forge meaningful connections.

ChainUp, Singapore-based blockchain solutions company is proud to present the CeFi and DeFi B2B Executive Night, a pivotal gathering for industry leaders and innovators scheduled for September 16, 2024, at CÉ LA VI Singapore, ahead of the Formula 1 Singapore Grand Prix 2024 race weekend. This exclusive Pre-TOKEN2049 event coincides with ChainUp’s 7th anniversary, marking a significant milestone in the company’s journey.

Connect with influential figures and gain insights into the latest trends shaping the digital asset landscape at this exclusive event. Attendees, including founders, CEOs, and top executives from CeFi, DeFi, technology, and investment sectors, will engage in in-depth discussions covering the full spectrum of the digital asset industry. These discussions will encompass the convergence of CeFi and DeFi, institutional adoption, regulatory developments, and the transformative potential of Web3, fostering an environment ripe for innovation and strategic partnerships.

Reflecting on a year of resilience and growth in a challenging market, ChainUp’s COO, Chung Ho emphasized: “This premier gathering not only celebrates our 7th year but also underscores our commitment to driving innovation within the increasingly regulated financial landscape. As ChainUp strategically moves towards the regulated space, we’re excited to connect with industry leaders, share insights, and collectively shape the future of finance.”

The pre-TOKEN2049 CeFi and DeFi B2B Executive Night are joined by co-organizers, B2 Network, a modular Bitcoin (BTC) L2 DeFi ecosystem that introduces B2 rollup to users and developers; Sinohope, a Hong Kong-listed digital asset custody and management service provider; Diamond sponsors Huawei Cloud, a leading provider of innovative cloud solutions that empower business digital transformation; Gold sponsors Odyssey, explore a new era of Memcoins with Odyssey Exchange, eventflo, a data-driven Web3 event management platform powered with FloCoin incentivization, exSat, a groundbreaking BTC docking layer solution that enhances BTC’s scalability; Silver sponsors Pell, a BTC restaking platform build on Omnichain Trust Network; eCloudrover, an AI-centric cloud solutions service provider for business digitalization; Supported by fractl, Blockchain Association Singapore, and Singapore Fintech Association.

For more information and continued updates on CeFi and DeFi B2B Executive Night, please visit ChainUp’s official website event page. Tickets are now available for purchase on our Lu.ma event page. 

About ChainUp

ChainUp, a Singapore-based blockchain tech provider, offers solutions for the future of finance, including white-label exchange softwares, award-winning digital asset custody solutions, and more. With over 1,000 clients and reaching 60 million end-users, ChainUp is a trusted partner for Web3 founders and institutions.

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Press Release

MNT Token Moving Ahead with New Listing on MEXC Exchange

Crypto Chain Wire

Published

2 weeks ago

on

September 8, 2024

By

Mr Mint, an innovative and fast growing decentralized platform in the Web3 world, is excited to announce that MNT token will be officially listed on the MEXC Exchange on 10 September. This announcement is a major step in the evolution of the Mr Mint ecosystem and it makes it possible now to broaden the horizons to an unreached scale growth.

A Strategic Leap Forward

The listing of MNT token on MEXC, one of the world’s top-level exchanges is indicative of Mr Mint’s resilience to dreams of conquering the world and by extension the resources of the ecosystem. With this listing, MNT will reach millions of traders and enthusiasts of the crypto market and hence will have higher liquidity and more trading prospects.

Why Does This Listing Matters?

‘MNT Listing on MEXC Exchange is a major milestone for us and a crucial step for further enhancing the capabilities of users and communities around the world. We have this partnership with MEXC because it complements our goal of bringing blockchain to everyone, – stated Mr. Rahul Bhadoriya, Co-Founder of Mr Mint.’

The MEXC Exchange is well known for its friendly interface, good liquidity, and numerous digital assets. Through MEXC listing, Mr Mint is consolidating its position among convincing players of the cryptocurrency space, thus facilitating more seamless trading of MNT by more users on a diversity inducing agenda.

What Does This Means for the Mr Mint Ecosystem?

  • Improve liquidity: With the MNT listing on MEXC, customers’ liquidity and the speed of exchanges will be increased.
  • World Market: The listing is going to put MNT in front of more people hence fostering brand development and community expansion.
  • Enhanced Trading Activities: Users can participate more in trading pairs and utilize meticulous trading tools by MEXC.

To the Users who make it all possible

On this memorable success, Mr Mint calls all its community members, stakeholders, and authorities who share a passion towards cryptocurrencies to access this new stage of development. More information regarding new trading pairs and this listing event, as well as other promotional actions, will follow to add further benefits to our devoted fans.

Get Ready to Trade MNT on MEXC

Drawing from this, Mr Mint keeps deepening its presence in the world of crypto as it delivers an innovative environment that brings technology and community into a convergence. We seek to build a new society that is decentralized and participatory based on innovation and transparency.

About Mr Mint

Mr Mint is a comprehensive Web3 ecosystem designed to bridge the gap between traditional finance and decentralized assets. It aims to empower users with tools and platforms that facilitate easy access to digital assets, encourage financial literacy, and promote secure and transparent transactions.

For more information about the listing and upcoming events, visit our official website or follow us on social media.

Website: https://www.mrmint.io/

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