Understanding Credit Risks in the Financial Landscape with EURS.
03 Oct 2024, 15:02
Understanding Credit Risks in the Financial Landscape with EURS!
🔍As we navigate the evolving world of finance, it's crucial to comprehend how credit risks intertwine with innovations like stablecoins:
1️⃣ Central Banks maintain oversight of Commercial Banks, ensuring stability in the fiat Euro system with a safeguarded limit of €100,000.
2️⃣ Stablecoin issuers like us bridge the gap between traditional finance and digital assets, leveraging Central Banks and Capital Markets, maintaining a 100% safeguard for the EURS stablecoin.
3️⃣ With STASIS, the EURS stablecoin is a prime example, offering 100% safeguards to mitigate risks, making it a reliable choice for digital transactions.
💰With the rise of CBDCs in the EU, a defined user limit of €3,000 has been established, indicating a structured approach to digital currency integration as well as limited capabilities and use cases.
🌐💸 Stay informed and navigate wisely with us!
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03 Oct 2024, 15:14
SkyNet AI Compute Announcement
SkyNet AI Compute Mining is now live and can be easily accessed and managed via SkyNet Control Panel. Now PhoenixNode operators will be able to provide AI compute resources to certain applications in the Phoenix AI Ecosystem, Phoenix native apps (AlphaNet, PhoenixLLM, GenAI), and AI models and tasks run on SkyNet.
Phoenix’s SkyNet AI Elastic Compute Layer now serves as the gateway for deploying and scaling AI compute, backbone for Phoenix ecosystem native AI apps, and the DePIN compute resource management hub for AI node operators.
Phoenix’s unique Elastic Compute AI network model limits the maximum number of nodes to the usage demand and application workload of the platform, which enables minimal waste of AI compute. Additionally, Phoenix employs an efficient ad-hoc microtask-based system instead of a traditional GPU or resource-time rental model.
PhoenixNodes have started the shipping process – those who have pre-ordered in Presale Wave 1 & 2 will expect to receive their orders in October to November. For operators who ordered and have not received their nodes, the Phoenix DAO (at the courtesy of DAO organization member Tensor) has leased at no charge placeholder nodes (equipped with Nvidia A10 GPUs) that will mine equivalent rewards to their PhoenixNodes, effective immediately, until PhoenixNodes ordered are received. Placeholder nodes can also be viewed and managed via SkyNet Control Panel.
These placeholder nodes are hosted via the “colocation/managed” model, an alternative to self-hosted. This is also equivalent to giving certain node operators a trial of the colocation model vs self-hosting on-premise in a residential or office network.
More details via announcement channels & email notification (for node operators) to follow shortly.
Like, retweet, and share to help spread the wings of the Phoenix:
SkyNet AI Compute Announcement.
SkyNet AI Compute Announcement
SkyNet AI Compute Mining is now live and can be easily accessed and managed via SkyNet Control Panel. Now PhoenixNode operators will be able to provide AI compute resources to certain applications in the Phoenix AI Ecosystem, Phoenix native apps (AlphaNet, PhoenixLLM, GenAI), and AI models and tasks run on SkyNet.
Phoenix’s SkyNet AI Elastic Compute Layer now serves as the gateway for deploying and scaling AI compute, backbone for Phoenix ecosystem native AI apps, and the DePIN compute resource management hub for AI node operators.
Phoenix’s unique Elastic Compute AI network model limits the maximum number of nodes to the usage demand and application workload of the platform, which enables minimal waste of AI compute. Additionally, Phoenix employs an efficient ad-hoc microtask-based system instead of a traditional GPU or resource-time rental model.
PhoenixNodes have started the shipping process – those who have pre-ordered in Presale Wave 1 & 2 will expect to receive their orders in October to November. For operators who ordered and have not received their nodes, the Phoenix DAO (at the courtesy of DAO organization member Tensor) has leased at no charge placeholder nodes (equipped with Nvidia A10 GPUs) that will mine equivalent rewards to their PhoenixNodes, effective immediately, until PhoenixNodes ordered are received. Placeholder nodes can also be viewed and managed via SkyNet Control Panel.
These placeholder nodes are hosted via the “colocation/managed” model, an alternative to self-hosted. This is also equivalent to giving certain node operators a trial of the colocation model vs self-hosting on-premise in a residential or office network.
More details via announcement channels & email notification (for node operators) to follow shortly.
Like, retweet, and share to help spread the wings of the Phoenix: https://x.com/Phoenix_Chain/status/1841858929430573458
03 Oct 2024, 15:09
New DAO vote now live: [Omni] Listing TWT on BNB Chain
🗳️ Vote here:
BETA holders and delegates, your voting power can enact these changes if you support the proposal.
If the vote passes, the following change will be implemented within the Omni Protocol:
👉 Trust Wallet Token (TWT) will be supported for deposit in BNB Chain on Omni.
New DAO vote now live: [Omni] Listing TWT on BNB Chain. Vote here:.
New DAO vote now live: [Omni] Listing TWT on BNB Chain
🗳️ Vote here: https://snapshot.org/#/betadao.eth/proposal/0xcf3891e43c7df53a8434ef847beeccd48048ae6916fd9734cbe9797fb603b1f9
BETA holders and delegates, your voting power can enact these changes if you support the proposal.
If the vote passes, the following change will be implemented within the Omni Protocol:
👉 Trust Wallet Token (TWT) will be supported for deposit in BNB Chain on Omni.
https://x.com/beta_finance/status/1841857628957495530