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KuKuswap Launches on KuCoin Blockchain

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KuKuswap is a next-gen DEX designed to provide access to new tokens and a simplistic trading experience. The network incorporates the most popular DeFi protocol and a host of other benefits that make KuKuswap ideal for new and experienced investors alike. As such, the protocol is well positioned to become the top performing DEX on the KuCoin blockchain.

Notably, the developers behind the KuKuswap concept took inspiration from other top-performing DEXs in the market. Specifically, they stated that the Binance Smart Chain (BSC) DEX, PancakeSwap, was the platform they modeled KuKuswap after. This inspiration is evident in the similar features and streamlined interface.

What Problems Does KuKuswap Attempt to Fix?

There are a lot of crucial issues that KuKuswap attempts to rectify. Primarily, the network helps to eliminate centralization in the DEX community. For the longest time, traders were relegated to Ethereum DEXs. Eventually, more options and networks ventured into the market, but for the most part, Ethereum and the BSC dominate the sector. Now, regular traders gain access to a powerful new network built from the ground up to simplify the top crypto features.

High Gas Fees

KuKuswap users enjoy much lower fees than Uniswap users. The main reason for these reduced costs is the technical structure of the platform. The KuCoin blockchain is less expensive to conduct transactions and execute smart contracts on. Consequently, users can save a bundle when they migrate to KuKuswap.

Scalability

Along the same lines of thought, scalability is another major advantage provided by KuKuswap. The KuCoin blockchain outperforms Ethereum in TPS rate and block production. Specifically, KuCoin produces blocks every 3 seconds. In comparison, it takes Ethereum around 13 seconds. This added scalability directly results in a more responsive and efficient user experience.

Features

Despite its simplistic layout, KuKuswap offers some top-notch benefits to users in the form of swaps and liquidity protocols. Also, the network enables developers to effortlessly migrate as all smart contracts are ERC-20 compatible. This decision was wise as Ethereum still dominates the DeFi sector in terms of applications and DEXs. Now, developers can expand their platforms to incorporate the KuCoin community without creating all new applications.

KuKuswap Mechanics

The KuKuswap exchange was designed to provide user access to the growing KuCoin ecosystem. The network operates on the KuCoin chain exclusively. As such, users gain access to an entirely new network of tokens, NFTs, and services. Here are just a few of the top features users enjoy when they switch over to KuKuswap.

Swap 

Swap is the main feature offered to KuKuswap users. This DEX operates as an AMM (automated market maker). AMMs are very popular in the DeFi sector because they provide less slippage and faster trading times. This feature is very easy to use. The interface was designed to mimic other top-performing DEXs.

Uniquely, you have a lot of options when conducting swaps. Hit the gear in the top right corner of the trade window and you will open up features such as the adjustable slippage tolerance. You can also toggle on expert mode and disable multi-hops. Notably, the expert mode allows you to bypass confirmation models. This strategy enables high slippage trades for expert users. 

Liquidity

KuKuswap also provides users with liquidity pools. A Liquidity pool is a large smart contract that users deposit funds into and in return, they receive rewards based on their participation level and time. Liquidity pools are an essential part of other top performing DEXs for multiple reasons. Primarily it’s because they provide more reliable and secure ROIs to users. 

Using KuKuswap 

If you are familiar with Uniswap or PancakeSwap, you will have no problem navigating KuKuswap. The platform was built from the start to simplify all the most vital DEX features. Consequently, there’s no previous experience required to start securing rewards and conducting trades on the network.

KuKuswap – The Next DeFi Ecosystem is Here

The DeFi race is heating up and this latest entry is just proof. KuCoin has long been an advanced blockchain with tons of potential. Now, the network has gained a powerful tool to help connect traders and developers in new ways. It will be interesting to see how KuKuswap accelerates Dapp development in the KuCoin ecosystem in the coming weeks. For now, you can join the KuKuswap movement here.

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Press Release

Agrifi New Staking Program: Earn Competitive Rewards with Flexible Options

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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.

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Press Release

Gamers can Earn up to $5 US Dollars per Shot in New Fast-Action “Hotshot” Shoot-to-Earn PVP Game

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  • Rapidfire Unicorn reveals “Hotshot” Shoot-to-Earn PVP Game at GamesBeat NEXT Industry Event
  • Hotshot is an online multi-player shooter game where players can make money by shooting each other in the game. Each time a player is shot in the game, in-game tokens are transferred from the balance/score of the play that was shot to the shooter’s balance/score.
  • Fast transaction gaming (FTG) is a new form of play-to-earn (P2E) gaming involving rapid transactions between players. Player-to-player transactions are based on game events – such as a player being shot by another player.
  • Hotshot’s first Alpha Play Day will be in November 2024 and will be announced imminently. Players can already register for the Alpha Play Day at https://www.hot-shot.io/

Hotshot is an online multi-player game of skill where each player can shoot other players to earn in-game tokens from them. Each time a player is shot in the game, tokens are transferred from the balance/score of the player that was shot to the shooter’s balance/score.

Players can sign into the game by email or by signing in with their blockchain wallet.  To play Hotshot, players need to purchase in-game tokens, with each token representing the right to play. Players can purchase in-game tokens in standard amounts of USD $10, USD $20 and USD $50. In-game tokens can be purchased either by credit or debit card, or, by making a crypto asset transfer. Rapidfire plans to accept crypto asset payments on Ethereum, Polygon, Optimism, Arbitrum and Tron blockchains with the following tokens / base currencies ETH, USDT, USDC, MATIC, TRX, SHIB, LINK, OMG, DAI, BAT, UNI, MANA, SAND, AAVE, PEPE, GRT, APE, CHZ, SUSHI, FTM, 1INCH, STORJ, WBTC, IMX, ARB, OP, LPT.

In Hotshot, players enter one of five playground maps to battle against up to 40 players in total. The battle begins – when a player shoots another player, the hit value of, for example, $1 is transferred from the shot player’s balance to the shooter player’s balance. 

Rapidfire Unicorn’s patented Fast Transaction Gaming (FTG) systems enable new types of Play-to-Earn gaming with high earning potential for skilled gamers.

Each available Game playground has an advertised hit value of either $1, $2 or $5 worth of in-game tokens.

Players can take out their winnings, by redeeming their in-game ‘tokens’ for funds and withdrawing such funds from the Game to the credit/debit card or blockchain wallet used initially to purchase in-game tokens and the right to play.

Hotshot can be played in any modern Web browser, both on PCs and on mobile devices. Hotshot will be available in most countries of the World. 

A spokesperson for Rapidfire Unicorn commented: “This is the advent of GigE Gaming. Fast Transaction Gaming (FTG) brings a new economic dimension to gaming. We cannot wait to see the reaction of gamers when they get to try Hotshot this November!”

The first Alpha Play Day will be held in November. The actual date will be announced soon on Hotshot’s social media channels. On Alpha Play Day, the first 300 players to play Hotshot will receive USD $20 worth of in-game tokens for free. Hotshot in-game tokens are redeemable for real cash or cryptocurrencies.

Follow news about Hotshot on these social media channels:

X: https://x.com/PlayHotshot

Facebook: https://www.facebook.com/profile.php?id=61566622851528

Instagram: https://www.instagram.com/playhotshotgame

TikTok: https://www.tiktok.com/@playhotshot

Twitch: https://www.twitch.tv/playhotshot

YouTube: https://www.youtube.com/@PlayHotshot

Telegram: t.me/playhotshot

LinkedIn: https://www.linkedin.com/company/rfuni/

Rapidfire Unicorn Web Site: https://www.rfuni.com/

Hotshot Game Web Site: https://www.hot-shot.io/

For further information please contact the Rapidfire Unicorn Press Office at https://www.rfuni.com/

About Rapidfire Unicorn Ltd.

Rapidfire Unicorn Ltd. is a London-based games studio that develops games, gaming technology and intellectual property focused on fast transaction gaming (FTG). The team behind Rapidfire Unicorn spans from 1980s microcomputer game veterans through to modern online games designers that have been responsible for producing over 40 past games titles.

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Press Release

Trivolve Tech and Quixy joins hands to Revolutionize Forensic Systems in India on Cardano

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Trivolve Tech, a blockchain and AI product studio and Quixy, a leader in no-code/low-code enterprise solutions, , have officially partnered to co-develop cutting-edge forensic management systems for state governments across India. This collaboration aims to revolutionize the handling and integrity of forensic evidence by integrating Cardano blockchain technology and Zero-Knowledge Proofs (ZKP) into evidence management systems.

The project will initially focus on the Uttar Pradesh state government, which handles over one million forensic cases annually. The key objective is to enhance the forensic chain of custody—a process crucial for ensuring the authenticity and integrity of forensic evidence presented in court.

Addressing the Challenges in Forensic Evidence Management

Forensic departments in India face significant challenges in maintaining the chain of custody for evidence. Current centralized systems are vulnerable to tampering and unauthorized access, posing risks to the credibility of evidence in legal cases. The joint venture between Quixy and Trivolve Tech addresses these challenges by developing a decentralized solution leveraging Cardano’s smart contracts and Zero Knowledge Proofs. This approach ensures that every step in the chain of custody is immutably recorded on the blockchain, providing an unprecedented level of transparency and security.

Integrating Cardano Blockchain for Enhanced Security and Scalability

Cardano, one of the most decentralized and sustainable blockchain platforms, will be integral to the forensic management system through its cryptographic hashing. Cardano operates on a proof-of-stake (PoS) consensus mechanism, which makes it 99.99% more energy-efficient than Bitcoin and Ethereum. This sustainability, coupled with security, positions Cardano as an eco-friendly option for large-scale projects like this one.

Rahul Konudula, CEO of Trivolve Tech, commented, “By integrating Cardano blockchain with forensic management, we are providing a game-changing solution that improves transparency, accountability, and security for law enforcement agencies. This collaboration could set the standard for forensic evidence management across India’s 28 states and 8 union territories.”

About Quixy

Quixy is a no-code/low-code platform that helps organizations automate business processes and build enterprise applications faster with fewer resources. With over 26,000 no-code apps and 200,000 users, Quixy is one of India’s leading software companies.

About Trivolve Tech

Trivolve Tech is a product development studio solving real-world problems through Blockchain and AI. They integrate blockchain into enterprises and government operations, driving innovation and sustainable growth while enhancing liquidity by tokenizing Real World Assets.

For more information, please visit:
Quixy – https://quixy.com/

Trivolve Tech – https://trivolvetech.com/

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