Connect with us

Press Release

Mozart Finance – Hottest DeFi platform Presents Its Staking Website

Published

4 years ago

on

The blockchain revolution is slowly taking shape as more time passes. Right from the start, Ethereum created аn improvement оn Bitcoin basing it on smart contract creation. Currently, there has been a DeFi, yield farming, and NTFs boom over the past year. Many platforms, accommodating this technology, have sprung to accommodate the new era. Mozart Finance is among these platforms.

So, precisely what is Mozart Finance? The platform was created аѕ а fork frоm Goose Finance which mаkеѕ it a unique DeFi project running оn Binance Smart Chain (BSC) wіth lots оf оthеr features thаt lеt уоu earn аnd gain tokens thrоugh іtѕ ecosystem. Being a new platform is slowly introducing more and more features, following its roadmap. Here’s what you should know about the platform:

Mozart Finance Token

To protect the network over the long term, Mozart has an exclusive BEP-20 native token called PIANO. The primary payment currency is this token, and it serves as a foundation for certain liquidity pools. However, other pairs of other properties will be available. Also, investors can stake the PIANO tokens and get rewards.

Due to the policies created, the price of the PIANO token is stable and deflationary. By using a few of these elements, you can accomplish the deflationary function. First, 1 percent of any transaction gets perpetually burned by the platform. The burning helps to ensure a balanced number of tokens.

The paid deposit fee also contributes to the deflation of the token. Users repurchase the PIANO tokens for 50% of these payment costs.

Between the first and third week, the platform has intentions to reduce emission rates. The emission rate will, however, remain permanently at 0.25 PIANO per block after the third week.

PIANO Presale Tokenomics

Mozart has developed a tremendous economic token system to ensure public access to the token and retain the network’s stability. The original supply of these tokens is 9.6 million, but 100,000 PIANO is the mined tokens. 

These tokens will be used to start the pre-selling process. Here is how the tokens are distributed; the public presale sells 55% of the tokens (55,000), 40% of the tokens (40,000) are locked in liquidity, and the last 5,000 tokens (5%) go to ads and websites advertising.

27.5 PIANO tokens are the same as 1 BNB. At 22,000 PIANO, which is 800 BNB, Mozart finance has set the soft limit. The tough cap is 55,000 PIANO, equivalent to 2000BNB.

Each wallet could buy at least 0.2BNB and at most 20BNB of PIANO at the presale. The platform managed to surpass its presale pace in five minutes and hit its hard 2000BNB limit. The big prospects of the token and the network are already evident to investors.

Yield Farming and Staking

Mozart Finance’s key feature is its protocols for farming yields. The developers have confirmed that the platform will offer many pools to offer investors the highest APR levels. Yield Farming is a better choice for trade because intensive research is not necessary. You lock your funds into a YF pool and collect a payout depending on your turnout.

Though not previously available, the staking feature has just been added to the platform’s features list, a tick to its roadmap.

How to participate in farms to earn high yield rewards;

  • Select a token pair:The first step is to actually choose the token pair you wish to use. It takes only a few seconds for the SWAP phase. You need to add liquidity for both and be mindful that $100 into each farm pair must be divided between 50 and 50 pairs.
  • Add liquidity: Then the next move before you can enter the farm pertains liquidity. You can add liquidity to the system by converting BUSD and BNB into BUSD-BNB LP tokens.
  • Stake: LP tokens in your wallet should appear after that. You will now be able to stake LP tokens to either of the farm pairs. To withdraw LP tokens, repeat the same process backward.

NFTs

As earlier mentioned, Mozart is working on scaling blockchain technology and this includes NTFs. NFTs are already a hot commodity on the market that sells for millions of dollars. In its deflationary climate, Mozart Finance aims to help the emerging sector. Users may use Mozart Finance to exchange, collect and build NFTs.

What Makes Mozart Finance Stand Out

The key benefit to users of Mozart Finance is the deflationary mechanisms that contribute to overall platform stability. Mozart Finance is hoping to improve its network durability through a combination of various token-burning mechanisms.

1% of any transaction is burned. The network also carries out weekly spontaneous burns under current market conditions. The burn strategy allows Mozart’s developers to keep full control of the native token value of the platform PIANO.

Higher ROIs

Mozart Finance’s high APRs are worth the hype. The developers boast that these prices would go beyond the existing industry levels. Mozart Finance aims to deliver a lucrative alternative to the DeFi group when paired with the deflationary strategies the platform intends to use.

Cost-Efficient

The lower transaction cost of Mozart Finance should spike your interest as an investor. Since the network relies on the BSC and not Ether, the gas fees, unlike other popular DeFi platforms, do not go down to a ridiculously high level. As of late, investors have pursued out alternatives in the market to avoid these increasing gas fees.

Security

Recently, Mozart Finance announced plans to carry out several code audits. The developers had already entered into a deal for their first audit with ImmuneBytes before presale began; the platform promised to perform further audits.

No Rug Pulls

In line with the developer’s desire to offer the DeFi community a more transparent return farming alternative, the platform includes certain consumer protection measures. Most notably, since the completion of the network’s presale, its liquidity has been locked for eight months.

Join The Mozart Finance Community Today

Mozart Finance presents itself as a Generational Blockchain Defi Project aimed at bеttеr existing оnеѕ wіth іtѕ initiatives. Thе project developer іѕ vеrу resilient іn making a platform whісh incorporates аll major applications оf DeFi lіkе yield farming, lotteries, and NFTs. We expect that the platform will go big as time goes on.

The democracy DeFi protocols offer users is becoming a popular concept, and Mozart Finance is making the most of it. Mozart Finance users have a say in new developments in the ecosystem. Even better, all PIANO holders will have governance rights on the platform.

As the platform transcends to greater heights, the Binance Smart Chain is also getting a lot of attention from crypto enthusiasts. Take the step and explore the options Mozart Finance is offering its community today!

Related Topics:

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.

Continue Reading

Press Release

How Bitcoin’s price rise has increased the number of cryptocurrency payments 

Published

3 days ago

on

November 19, 2024

By

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.

  1. 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.

  1. 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.

  1. 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.

Continue Reading

Press Release

Mizzle Partners with InFlux Technologies to Power DePIN Platform with Decentralized Cloud Infrastructure and Advanced Computing Resources 

Published

3 days ago

on

November 19, 2024

By

  • 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.

Continue Reading

Press Release

Digital Assets Underinsured: Report Identifies $19 Billion Coverage Deficit, Less Than 3% Secured

Published

4 days ago

on

November 18, 2024

By

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.

Continue Reading

Trending