Sunday, June 29, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

DeFi STOA’s global assets will be partially incinerated.

by firstcryptonews
November 23, 2021
in Press Release
DEFI STOA

Recently, the DeFi STOA Operation Foundation announced on November 9 that it decided to incinerate more than 40% from 3.2 billion won in total issuance, which was previously structurally allocated, to stabilize market prices and settle in an effective product structure.

Since then, market prices have been reevaluated, and have recently risen by more than 30%. In order to confirm that the foundation’s incineration policy was accurately reflected, 700 million units, or more than 10% of the issuance, were incinerated.

As a result, the current total issuance of DeFi STOA was 2.8 billion, which was reflected in smart contracts.

Since DeFi STOA is not a DeFi project for a particular coin, it is known that it will introduce a more advanced form of DeFi swap than atomics swap with a unique swap model called copy swap in the future.

This is called Oracle Swap, and it is characterized by a structure in which decentralized swaps are performed through the STOA pool, but converted into STA by combining autonomous identity and autonomous trust evaluation based on a decentralized asset growth model.

Existing DeFi is a model that swaps or staking specific coins based on BTC or ETH, and DeFi STOA provides a flat-based STA based on major liquidity coins with a unique structure that provides a kind of liquidity buffer for designing DeFi swaps based on STA.

Roy Kim, CEO of DeFi STOA, said, “Buffering the swap pool may sound a little difficult because it’s a technical expression, but to explain it like this. The means of termination of the liquidity or turnover of digital assets should be considered. This is because of the bank run issue.

Most of them say that they achieve autonomous market price stabilization through a pair or packing structure of 1:N of nominal currency or assets, but this only takes into account the theoretically ideal situation and there is a limit to becoming a solution.

The market needs a structure that can coordinate the variable forms of various economic models according to institutional situations as needed. Based on Metcalfe, Reed, and game theory, these solutions are being studied and developed by modifying the DeFi economic model and combining auxiliary devices of STA’s decentralized DeFi buffer swap.”

DEFI STOA

Most fintech or IT-based companies have many ways to incorporate them into the business ecosystem through the nature of diversification of known models or compensation models, but Defi STOA has been found to build an ecosystem called the original DeFi Mainnet.

Hackers Holdings Co., Ltd., the parent company of the DeFi STOA team, is a rare mainnet model company in Korea that established its own mainnet by delegating DPOR and applied it to the Furychain to confirm the reference. Most companies have existing BTC/ETH-based forks (Porks) or duplicated (fake) mainnetes using sources made on that forked basis.

However, Hackers Holdings Co., Ltd. is a venture company with a strong technology base that achieves technologies that can only be performed within two and a half years, including more than seven blockchain registered patents, experience in PC security enhancement projects of the Ministry of Defense, and experience in producing IoT.

As it is a company that aims for global business, we look forward to the growth of the service and platform ecosystem based on Hackers Holdings’ strong references.

More Info about STOA

Website: http://stoacorp.com/

Twitter: https://twitter.com/defi_stoa

Telegram: https://t.me/defi_stoa_ch_chat

Related Posts

From Junk Bonds to Digital Credit, How XMG Fintech, USXM Stablecoins and PDCNs Are Redefining Financial Engineering

From Junk Bonds to Digital Credit, How XMG Fintech, USXM Stablecoins and PDCNs Are Redefining Financial Engineering

by firstcryptonews
June 28, 2025
0

In the 1980s, Michael Milken revolutionized the capital markets with the proliferation of high-yield, high-risk debt instruments , colloquially known...

DeepSteak: A Well-Done Memecoin Built on Truth, Not Lies

DeepSteak: A Well-Done Memecoin Built on Truth, Not Lies

by firstcryptonews
June 27, 2025
0

Launch Date: July 8, 2025 In a sea of low-effort rug pulls and recycled token contracts, DeepSteak emerges with a...

After Infini Exit KAST Faces Questions Over Points Based Cashback

After Infini Exit KAST Faces Questions Over Points Based Cashback

by firstcryptonews
June 26, 2025
0

Recently, Infini Card โ€” once seen as a fast-growing crypto payment player โ€” abruptly shut down its global crypto card...

How a $500 Investment in Alaxio Could Turn into $50,000

How a $500 Investment in Alaxio Could Turn into $50,000

by firstcryptonews
June 26, 2025
0

In the crypto world, massive gains have always come to those who enter early โ€” before the headlines, before the...

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

by firstcryptonews
June 25, 2025
0

June 24, 2025 โ€“ In a move reflecting the broader shift toward regulatory alignment in the cryptocurrency sector, Anyswap has...

The Schwartz: Where Memes Meet Mission on the XRPL

The Schwartz: Where Memes Meet Mission on the XRPL

by firstcryptonews
June 20, 2025
0

๐Ÿš€ Our Mission To unite the power of community, culture, and crypto through the Schwartz โ€” a meme-driven movement built...

Next Post
LAZY BUNNY

Lazy Bunny: A New CryptoPunk In the Making

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

QPBIO’s “announcement of rebranding for the Platform expansion”

QPBIO’s “announcement of rebranding for the Platform expansion”

3 years ago
Ponzi Scheme Cash: The Funniest, Most Explosive Meme Coin of 2025! ๐Ÿš€๐Ÿ˜‚

Ponzi Scheme Cash: The Funniest, Most Explosive Meme Coin of 2025! ๐Ÿš€๐Ÿ˜‚

5 months ago
Are you looking for how to earn and be safe in the cryptocommunity?

Are you looking for how to earn and be safe in the cryptocommunity?

6 years ago
metaverse

Metaverse Thailand, The first chapter of the secondary world

4 years ago
TRON DAO and Other Blockchain Leaders Jointly Roll out USDD

TRON DAO and Other Blockchain Leaders Jointly Roll out USDD

3 years ago
puregold

PGPay set to start its public sale on 16th November on VinDAX launchpad

6 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, Americaโ€™s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, Americaโ€™s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Atua AI Boosts Multi-Protocol Compatibility with Lightweight Task Models

Atua AI Boosts Multi-Protocol Compatibility with Lightweight Task Models

June 27, 2025

Press Release

From Junk Bonds to Digital Credit, How XMG Fintech, USXM Stablecoins and PDCNs Are Redefining Financial Engineering

From Junk Bonds to Digital Credit, How XMG Fintech, USXM Stablecoins and PDCNs Are Redefining Financial Engineering

June 28, 2025

ยฉ 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

ยฉ 2020 First Crypto News