Blockchain
Helping Pioneer the Newest Trend, ApolloRebase Shoots for the Stars
London, United Kingdom–(Newsfile Corp. – October 29, 2021) – ApolloRebase is ready to reach the moon with its Shill Competition, giving out rewards to the amount of $5000 to those who can help the developers grow the project further. ApolloRebase has been successfully listed on CoinMarketCap and CoinGecko along with getting audited by Solidity. ApolloRebase is the first platform that uses rebasing as a core mechanism to ensure an increase in value of the native token $APR. The holders of the $APR token will enjoy consistent growth in the value of their tokens irrespective of the supply.
ApolloRebase
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Pioneering the Market with Rebasing
The crypto market, like any other market, is full of volatility, specially when it comes to pricing and the impact of supply on the overall project health. ApolloRebase solves this issue by taking out the volatility and setting a fixed price bar while making efforts to sustain it.
ApolloRebase will ensure consistency in price while fluctuating the supply without changing the final value of the token. In the long run, the number of tokens in the user’s wallet might reduce, but their value will not change.
This is done by rebasing. ApolloRebase is a token with elastic supply that follows the principles of rebasing to ensure increase in the price value. The final token supply may shift up or down in accordance with the demand. The platform utilizes negative rebasing to stimulate an increase in the final value of the tokens. The total supply of the tokens is reduced to sustain the value or target price.
Offering Stability With Profits
ApolloRebase follows negative rebasing. The $APR token supply one holds in wallet will reduce to ensure price sustainability. At present, the platform has set a ceiling price of $1. If, due to the market forces, price goes below $1, the platform will move into a negative rebasing, which will reduce the current supply, stimulating an increase in the price, bringing it back to $1.
Due to this, the number of tokens in the user’s wallet might take a dip, but they won’t lose their value, albeit the value of these tokens will only increase. In terms of their rewards distribution, the users are given rewards in BUSD. 2% BUSD reward is applied to every transaction on the platform. Either a user is buying tokens or selling them, 2% BUSD is shared between the holders.
2% of each transaction is added to the liquidity base that will ensure a solid price settlement in favor of the token holders. 2% of each transaction is sent to the development team and 5% of every translation is forwarded to the marketing budget meant to grow ApolloRebase.
About ApolloRebase
ApolloRebase is an elastic supply token working on the principles of negative rebasing to ensure consistent token value while fluctuating the token supply if and when required. The platform goes through rebasing every 8 hours to sustain the pegged price. ApolloRebase is the first platform working on the principles of rebasing to protect the price floor. Once the price of $1 is reached the $APR token will turn into a stable token and start building the phase 2 of the project to build a Decentralized Exchange allowing the investors to lend and borrow tokens from the platform itself. As one of the innovative platforms working in a new direction, ApolloRebase wishes to bring about an innovative change in the crypto space.
Media Contact
Nathan Woods
[email protected]
PR – Cryptoshib.com
Email – [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101322
Blockchain
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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