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LBank Exchange Listed Metavault (MVD1) on April 1, 2022

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Internet City, Dubai–(Newsfile Corp. – April 4, 2022) – LBank Exchange, a global digital asset trading platform, will list Metavault (MVD1) on April 1, 2022. For all users of LBank Exchange, the MVD1/USDT trading pair officially available for trading at 20:00 (UTC+8) on April 1, 2022.

 
Figure 1: LBank Exchange Listed Metavault (MVD1) on April 1, 2022

To view an enhanced version of this graphic, please visit:
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The blockchain, DeFi and metaverse spaces have been expanding rapidly since their emergence while creating lots of great investment opportunities. Aiming to be the world’s smartest DAO-directed treasury, Metavault (MVD1) allows anyone to participate in the latest and most profitable projects and strategies in these spaces. Its native token MVD1 was listed on LBank Exchange at 20:00 (UTC+8) on April 1, 2022, to further expand its global reach and help it achieve its vision.

Introducing Metavault DAO

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Metavault DAO is a blockchain-based, community-governed investment platform and decentralized venture capital vehicle that allows anyone to participate in the latest blockchain, DeFi and metaverse projects and strategies.

As a DAO, Metavault will be directed and governed by the very people that use the platform, with all decisions taken democratically by the members of the DAO. This is in direct contrast to the way in which the traditional financial market operates, where centralized institutions dictate policies and the customers or ‘users’ have no choice but to acquiesce. Every decision taken by the Metavault DAO is done so with fairness and full transparency for all community members to verify.

There are also mechanisms in place to ensure fair earnings distribution between investors, while the open-source nature of the project allows anyone to see the Metavault code, which also undergoes annual audits to ensure it remains secure and fair.

The core team of Metavault is highly experienced and motivated with in-depth market knowledge and a desire to disrupt the DeFi 2.0 space. And the highly skilled developers of Metavault can analyze, develop, and deploy smart contract. Metavault doesn’t exist to serve whales.

It is the premiere DeFi ecosystem, mainly on the Fantom blockchain, and aims to be the world’s smartest DAO-directed treasury, applying unique strategies based on holistic research. With in-house development, Metavault scours the crypto landscape for disruptive new projects or protocols and allocates treasury funds into the most promising instruments at an early stage.

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About MVD1 Token

Metavault was created as a method of addressing the cryptocurrency world’s over reliance on fiat-backed stablecoins. The decentralised reserve currency protocol is based around the native MVD1 token, the value of which derives from a basket of assets under Metavault’s control, known as the ‘treasury’.

The MVD1 token is not pegged to a specific fiat value like regular stablecoins. Rather, it operates as a store of value, using the treasury to back the issuance and value of MVD1 tokens. Instead of borrowing it like stablecoins do, Metavault owns its liquidity.

Whenever the price of MVD1 falls below the backing price, the protocol buys back and burns MVD1 tokens to maintain this price, ensuring that the MVD1 Price will be held above the calculated backing price. The Metavault treasury holds enough reserves relative to the total supply to be able to keep buying and burning tokens whenever necessary.

MVD1 was listed on LBank Exchange at 20:00 (UTC+8) on April 1, 2022, investors who are interested in Metavault DAO investment could easily buy and sell MVD1 token on LBank Exchange from then. The listing of MVD1 on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

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Learn More about MVD1 Token:

Official Website: https://metavault.org
Telegram: https://t.me/MetavaultDAO/
Discord: https://discord.com/invite/b2fPrbmPza/
Twitter: https://twitter.com/MetaVaultDAO/

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

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Community & Social Media:

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l Twitter
l Facebook
l Linkedin

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]

PR Contact:
ZEXPRWIRE
[email protected]

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119081

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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