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Press Release: DeFi ecosystem, ADA Finance, has rebranded to Acta Finance, launching a new native token $ACTA, as well as developing its own AMM, ActaFi Swap.

March 14th, 2022, Mahe Victoria, Seychelles – ADA Finance, a pioneering decentralized finance (DeFi) ecosystem which will operate on Avalanche initially, has successfully completed a rebrand, changing its name to Acta Finance (ActaFi). In addition to this rebrand, the ActaFi team have also been developing their own native Automated Market Maker (AMM) protocol, ActaFi Swap.

The ActaFi team took the name ‘Acta’ from the latin phrase ‘Acta non verba’, which translates to ‘deeds not words’ reflecting the team’s focus on substantive development and community building within the crypto space. 

Commenting on the rebrand, ActaFi’s CEO & Founder, Christof Waton, said:

“Initially, we only wanted to launch on Cardano, but we couldn’t risk oru investors’ funds developing on an early-stage blockchain that is still prone to vulnerabilities and scalability issues. Therefore we started to develop the same ecosystem, within the same project, on Avalanche in parallel. The name ADA Finance limited the interest of people that are anti or neutral towards ADA / Cardano, with our token on Avalanche and utilities on Avalanche, it was better to perform the rebrand to a neutral name, hence Acta Finance.” 

Pioneering the DeFi space

ActaFi’s rebrand is accompanied by several new feature releases and announcements which will lay the foundation for ActaFi Swap. The first is an onchain affiliate program which will incentivise Acta community members to attract new users to the ecosystem, encouraging organic community growth. 

This will work in conjunction with the onchain staking of $ACTA, the ecosystem’s new token. Users will be able to stake $ACTA in the normal way, maturing their stake to claim governance rights in the ecosystem’s new decentralized autonomous organization (DAO) when it becomes available. 

TGE incentives for $ACTA will be made public on April 5th, 2022 and both $ACTA staking and the ecosystem’s affiliate program are currently being audited by Solidity Finance. 

A New Approach to AMMs

ActaFi’s new AMM, ActaFi Swap, is set to launch later in 2022 and will include several new features which put it at the cutting edge of AMM protocols. 

Firstly, ActaFi Swap will follow Uniswap v3’s concentrated liquidity model, a model that allows liquidity to be allocated within a custom price range. Although this requires more maintenance than the passive function adopted by most common AMMs, the ability to customize price ranges  allows liquidity providers to provide their capital in a more efficient way according to their needs. As a result it is preferred by experienced digital asset managers, market makers and funds as it allows them to act more dynamically to market changes. 

Secondly, the ActaFi team is targeting decentralization and interoperability from the offset like competing aggregators, such as 1inch. This will provide maximum liquidity for the ActaFi ecosystem, ensuring that the AMM can achieve the most efficient prices for its assets. 

Finally, ActaFi Swap will include a token bridge as a secondary function built into the swap, allowing users to benefit from access to greater liquidity for an asset on other blockchains (e.g. Ethereum, Cardano and Avalanche.). Consequently, users have the best possible price outcome for the assets they want to exchange. This is a feature of the most sophisticated DeFi ecosystems, but is often too complex for regular users to make use of. ActaFi Swap will simplify the user experience to make toke bridges more accessible to the regular user. 

For more information on ActaFi Swap, read this blog

Building on a Year of Success 

Both ActaFi’s rebrand and the development of its own AMM follow a year of positive press, business development and community building for the ActaFi team. The team received an award for Best DeFi Project of the Year at the AIBC Summit in Malta in November 2021. Consequently, the team attracted the attention of several KOLs in the crypto space, including over 70 YouTubers with a global reach of over 8 million people. The team also managed to secure an investment from Roger Ver (AKA Crypto Jesus), former CEO of Bitcoin.com and early investor in Bitcoin.

The ActaFi team are now leveraging this success to position themselves at the forefront of the DeFi space, with the rebrand putting emphasis firmly on development. 

For more information on how Acta Finance is positioning itself as a leading innovator in the DeFi space, visit their website here. 

Follow ActaFi on Twitter 

Join the ActaFi community on Telegram 

Connect with ActaFi on LinkedIn

Stay up-to-date with ActaFi on Medium 

Media Contact Details

Contact Email: marketing@actafi.org 

ACTA FINANCE is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

The post Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Finance appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

console.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: DeFi ecosystem, ADA Finance, has rebranded to Acta Finance, launching a new native token $ACTA, as well as developing its own AMM, ActaFi Swap.

March 14th, 2022, Mahe Victoria, Seychelles – ADA Finance, a pioneering decentralized finance (DeFi) ecosystem which will operate on Avalanche initially, has successfully completed a rebrand, changing its name to Acta Finance (ActaFi). In addition to this rebrand, the ActaFi team have also been developing their own native Automated Market Maker (AMM) protocol, ActaFi Swap.

The ActaFi team took the name ‘Acta’ from the latin phrase ‘Acta non verba’, which translates to ‘deeds not words’ reflecting the team’s focus on substantive development and community building within the crypto space. 

Commenting on the rebrand, ActaFi’s CEO & Founder, Christof Waton, said:

“Initially, we only wanted to launch on Cardano, but we couldn’t risk oru investors’ funds developing on an early-stage blockchain that is still prone to vulnerabilities and scalability issues. Therefore we started to develop the same ecosystem, within the same project, on Avalanche in parallel. The name ADA Finance limited the interest of people that are anti or neutral towards ADA / Cardano, with our token on Avalanche and utilities on Avalanche, it was better to perform the rebrand to a neutral name, hence Acta Finance.” 

Pioneering the DeFi space

ActaFi’s rebrand is accompanied by several new feature releases and announcements which will lay the foundation for ActaFi Swap. The first is an onchain affiliate program which will incentivise Acta community members to attract new users to the ecosystem, encouraging organic community growth. 

This will work in conjunction with the onchain staking of $ACTA, the ecosystem’s new token. Users will be able to stake $ACTA in the normal way, maturing their stake to claim governance rights in the ecosystem’s new decentralized autonomous organization (DAO) when it becomes available. 

TGE incentives for $ACTA will be made public on April 5th, 2022 and both $ACTA staking and the ecosystem’s affiliate program are currently being audited by Solidity Finance. 

A New Approach to AMMs

ActaFi’s new AMM, ActaFi Swap, is set to launch later in 2022 and will include several new features which put it at the cutting edge of AMM protocols. 

Firstly, ActaFi Swap will follow Uniswap v3’s concentrated liquidity model, a model that allows liquidity to be allocated within a custom price range. Although this requires more maintenance than the passive function adopted by most common AMMs, the ability to customize price ranges  allows liquidity providers to provide their capital in a more efficient way according to their needs. As a result it is preferred by experienced digital asset managers, market makers and funds as it allows them to act more dynamically to market changes. 

Secondly, the ActaFi team is targeting decentralization and interoperability from the offset like competing aggregators, such as 1inch. This will provide maximum liquidity for the ActaFi ecosystem, ensuring that the AMM can achieve the most efficient prices for its assets. 

Finally, ActaFi Swap will include a token bridge as a secondary function built into the swap, allowing users to benefit from access to greater liquidity for an asset on other blockchains (e.g. Ethereum, Cardano and Avalanche.). Consequently, users have the best possible price outcome for the assets they want to exchange. This is a feature of the most sophisticated DeFi ecosystems, but is often too complex for regular users to make use of. ActaFi Swap will simplify the user experience to make toke bridges more accessible to the regular user. 

For more information on ActaFi Swap, read this blog

Building on a Year of Success 

Both ActaFi’s rebrand and the development of its own AMM follow a year of positive press, business development and community building for the ActaFi team. The team received an award for Best DeFi Project of the Year at the AIBC Summit in Malta in November 2021. Consequently, the team attracted the attention of several KOLs in the crypto space, including over 70 YouTubers with a global reach of over 8 million people. The team also managed to secure an investment from Roger Ver (AKA Crypto Jesus), former CEO of Bitcoin.com and early investor in Bitcoin.

The ActaFi team are now leveraging this success to position themselves at the forefront of the DeFi space, with the rebrand putting emphasis firmly on development. 

For more information on how Acta Finance is positioning itself as a leading innovator in the DeFi space, visit their website here. 

Follow ActaFi on Twitter 

Join the ActaFi community on Telegram 

Connect with ActaFi on LinkedIn

Stay up-to-date with ActaFi on Medium 

Media Contact Details

Contact Email: marketing@actafi.org 

ACTA FINANCE is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

The post Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Finance appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Source: thinkbitcoins

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Press Release: Paribus is launching a DeFi-based borrowing platform, allowing users to borrow against their digital assets in a revolutionary way. Allowing previously stagnant assets like NFTs to be used as collateral for loans.

March 14th, 2022, Miami, USA – Paribus is taking DeFi to the next level with the help of Cardano. Cardano’s interoperability removes the restrictions imposed by the isolated ecosystem, allows value to flow freely, and increases the potential of the protocol and its users. Being powered by Cardano, users can now borrow against their digital assets with a DeFi perspective. Be it NFT or any synthetic asset, Paribus offers users the platform for safe and fast borrowing against their digital assets.

The Paribus Protocol

Paribus offers DeFi holders and investors a platform to extend the reach of their digital assets and positions around the globe. For the first time one platform is bringing together the functionality of borrowing and lending against a huge variety of assets, in a decentralized and permissionless way. 

Paribus’ features and protocol is designed to evolve with new crypto asset classes, capturing the value stored in the emerging universe of interconnected blockchains. The Paribus protocol sets out to channel this monetary energy in previously impossible ways, creating even more opportunity for investors.

Combining NFTs and DeFi

With Paribus, users can even borrow against their NFT investment. This will free up capital while the underlying NFT will hold its value intact. Paribus also allows users to stake NFTs with pool value with other like-NFTs, allowing users to generate yield on their NFT assets.

In addition to NFTs, users can also borrow against their AMM liquidity positions through the Paribus protocol. This will allow users to leverage up while staking or earning through LP’ing.

Staking in Liquidity Pools

With Paribus, users get access to the market-specific staking pools for LP tokens from multiple blockchain-based liquidity pool which allows for the following benefits:

• Cheap transactions
• Incredibly high throughput
• Security and reliability

Paribus is now offering native staking for the PBX token on their platform, offering a dynamic APY and high rewards. There are two pools that remain open, Argenti and Aurum. These pools are only open for a limited time.

The PBX Token

PBX is Paribus’ native governance token. PBX allows its owners to create and vote on the future of the network. The ultimate goal of PBX tokens is to coordinate incentives across the Paribus Revenue Protocol to create a systematic harmony between the security of stakeholders, the protocol itself, and internal assets. Owners of the PBX tokens are also entitled to receive a percentage of the fees earned through the protocol in proportion to their stakes. The more users stake, the higher their tier and the higher percentage they earn. 

For more information on how Paribus is pioneering borrowing in the DeFi space, visit their website here.

Follow Paribus on Twitter

Join the Paribus community in Telegram 

Connect with Paribus on LinkedIn

Media Contact Details

Contact Email: hello@paribus.io

PARIBUS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

The post Paribus Launches DeFi Platform to Enable Users to Borrow Against Digital Assets appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Source: thinkbitcoins

console.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: Paribus is launching a DeFi-based borrowing platform, allowing users to borrow against their digital assets in a revolutionary way. Allowing previously stagnant assets like NFTs to be used as collateral for loans.

March 14th, 2022, Miami, USA – Paribus is taking DeFi to the next level with the help of Cardano. Cardano’s interoperability removes the restrictions imposed by the isolated ecosystem, allows value to flow freely, and increases the potential of the protocol and its users. Being powered by Cardano, users can now borrow against their digital assets with a DeFi perspective. Be it NFT or any synthetic asset, Paribus offers users the platform for safe and fast borrowing against their digital assets.

The Paribus Protocol

Paribus offers DeFi holders and investors a platform to extend the reach of their digital assets and positions around the globe. For the first time one platform is bringing together the functionality of borrowing and lending against a huge variety of assets, in a decentralized and permissionless way. 

Paribus’ features and protocol is designed to evolve with new crypto asset classes, capturing the value stored in the emerging universe of interconnected blockchains. The Paribus protocol sets out to channel this monetary energy in previously impossible ways, creating even more opportunity for investors.

Combining NFTs and DeFi

With Paribus, users can even borrow against their NFT investment. This will free up capital while the underlying NFT will hold its value intact. Paribus also allows users to stake NFTs with pool value with other like-NFTs, allowing users to generate yield on their NFT assets.

In addition to NFTs, users can also borrow against their AMM liquidity positions through the Paribus protocol. This will allow users to leverage up while staking or earning through LP’ing.

Staking in Liquidity Pools

With Paribus, users get access to the market-specific staking pools for LP tokens from multiple blockchain-based liquidity pool which allows for the following benefits:

• Cheap transactions
• Incredibly high throughput
• Security and reliability

Paribus is now offering native staking for the PBX token on their platform, offering a dynamic APY and high rewards. There are two pools that remain open, Argenti and Aurum. These pools are only open for a limited time.

The PBX Token

PBX is Paribus’ native governance token. PBX allows its owners to create and vote on the future of the network. The ultimate goal of PBX tokens is to coordinate incentives across the Paribus Revenue Protocol to create a systematic harmony between the security of stakeholders, the protocol itself, and internal assets. Owners of the PBX tokens are also entitled to receive a percentage of the fees earned through the protocol in proportion to their stakes. The more users stake, the higher their tier and the higher percentage they earn. 

For more information on how Paribus is pioneering borrowing in the DeFi space, visit their website here.

Follow Paribus on Twitter

Join the Paribus community in Telegram 

Connect with Paribus on LinkedIn

Media Contact Details

Contact Email: hello@paribus.io

PARIBUS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

The post Paribus Launches DeFi Platform to Enable Users to Borrow Against Digital Assets appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

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Bitcoin Press Release: Bitcasino.io has added payments for top cryptocurrency Cardano (ADA) on its casino platform. 

22nd April, 2021, Tallinn, Estonia – The world’s first licensed Bitcoin-led casino operator, Bitcasino, has added Cardano’s ADA cryptocurrency as a payment method, allowing its holders to enjoy the casino’s wide range of games.

Why Cardano?

Cardano was launched as an open-source, public blockchain in 2017, powered by its own internal cryptocurrency, ADA. Cardano has quickly become one of the world’s most successful blockchain platforms, with a strong community building around it.

Tauri Tiitsaar, Director of Casino at the Coingaming Group, stated:

“Cardano network is one of the most popular platforms in the world so it was only natural for us to add ADA as the next cryptocurrency on Bitcasino. It is certainly something our players have been waiting for and we’ve now delivered. We look forward to welcoming the Cardano community to Bitcasino, where they can expect fun, fast and fair gaming.”

The minimum deposit is 15 ADA and withdrawal is 30 ADA. At current trading prices this puts the minimum deposit at around €14. 

Supported Cryptocurrencies

ADA is the seventh cryptocurrency introduced to Bitcasino players, following TRON (TRX), Ethereum, Litecoin, Ripple (XRP), Tether (USDT) and the players’ favourite cryptocurrency, Bitcoin.

About Bitcasino

Founded in 2014, as part of the Coingaming Group, Bitcasino is a leading bitcoin-led casino operator. Bitcasino has an expansive, quality casino product featuring more than 2,800 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. Their innovative platform, new features and rewards are all developed in-house using player feedback to directly shape and create the ultimate user experience.

Pioneering the way for original, fair rewards, Bitcasino is the first crypto casino to withdraw its welcome offer in favour of the unique, custom-built Loyalty Club allowing players greater control over their gaming.

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes among the fastest in the industry and cutting-edge security measures in place.

For more information about Bitcasino, please visit — https://bitcasino.io/ 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

Bitcasino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

Source

The post Betting Leader Bitcasino Adds Cardano’s ADA for Payments appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

console.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Bitcoin Press Release: Bitcasino.io has added payments for top cryptocurrency Cardano (ADA) on its casino platform. 

22nd April, 2021, Tallinn, Estonia – The world’s first licensed Bitcoin-led casino operator, Bitcasino, has added Cardano’s ADA cryptocurrency as a payment method, allowing its holders to enjoy the casino’s wide range of games.

Why Cardano?

Cardano was launched as an open-source, public blockchain in 2017, powered by its own internal cryptocurrency, ADA. Cardano has quickly become one of the world’s most successful blockchain platforms, with a strong community building around it.

Tauri Tiitsaar, Director of Casino at the Coingaming Group, stated:

“Cardano network is one of the most popular platforms in the world so it was only natural for us to add ADA as the next cryptocurrency on Bitcasino. It is certainly something our players have been waiting for and we’ve now delivered. We look forward to welcoming the Cardano community to Bitcasino, where they can expect fun, fast and fair gaming.”

The minimum deposit is 15 ADA and withdrawal is 30 ADA. At current trading prices this puts the minimum deposit at around €14. 

Supported Cryptocurrencies

ADA is the seventh cryptocurrency introduced to Bitcasino players, following TRON (TRX), Ethereum, Litecoin, Ripple (XRP), Tether (USDT) and the players’ favourite cryptocurrency, Bitcoin.

About Bitcasino

Founded in 2014, as part of the Coingaming Group, Bitcasino is a leading bitcoin-led casino operator. Bitcasino has an expansive, quality casino product featuring more than 2,800 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. Their innovative platform, new features and rewards are all developed in-house using player feedback to directly shape and create the ultimate user experience.

Pioneering the way for original, fair rewards, Bitcasino is the first crypto casino to withdraw its welcome offer in favour of the unique, custom-built Loyalty Club allowing players greater control over their gaming.

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes among the fastest in the industry and cutting-edge security measures in place.

For more information about Bitcasino, please visit — https://bitcasino.io/ 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

Bitcasino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

Source

The post Betting Leader Bitcasino Adds Cardano’s ADA for Payments appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Source: thinkbitcoins