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Unleashing the Next Wave of Liquidity: WaterNeuron’s Impact on ICP’s DeFi Ecosystem

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SINGAPORE, June 3, 2024 /PRNewswire/ — As the world of decentralized finance (DeFi) continues to evolve, the introduction of innovative solutions like WaterNeuron is set to redefine the landscape, particularly within the Internet Computer Protocol (ICP) ecosystem. WaterNeuron promises to unlock substantial liquidity, paving the way for a new era in DeFi, marked by unparalleled growth and innovation.

Understanding WaterNeuron and Its Liquidity Mechanism

WaterNeuron is an advanced liquidity release mechanism designed to enhance the DeFi ecosystem on ICP. It leverages cutting-edge algorithms and smart contracts to facilitate seamless liquidity provision, bridging gaps between different financial instruments and protocols. The mechanism works by dynamically adjusting liquidity pools based on market conditions, user demand, and cross-protocol integrations, ensuring optimal asset utilization and stability.

Estimating Liquidity Potential

Given the sophistication of WaterNeuron, it is estimated that this mechanism could release substantial liquidity into the ICP ecosystem. Preliminary models suggest that WaterNeuron could inject anywhere between $500 million to $1 billion in liquidity within its first year of operation. This influx is expected to fuel a range of DeFi activities, including lending, borrowing, staking, and yield farming, thereby significantly boosting the ecosystem’s overall activity and value.

Impact on ICP’s DeFi Ecosystem

The introduction of WaterNeuron is poised to catalyze a major liquidity event within the ICP ecosystem. This “Cambrian explosion” of liquidity will not only enhance existing DeFi protocols but also attract a wave of new projects and innovations. As Bitfinity EVM (Ethereum Virtual Machine) is integrated into ICP, the ecosystem will witness an influx of EVM-compatible DeFi protocols. This interoperability will enable seamless asset transfers and interactions across different blockchain networks, positioning ICP as a formidable player in the DeFi space.

Analysis of Locked Neurons

The locked neurons on the ICP network play a crucial role in its governance and liquidity dynamics. Neurons are essentially staked ICP tokens locked for a specified period, ranging from six months to eight years. The percentage of liquidity released depends on the length of the lock-up period:

– Neurons locked for shorter periods (up to 1 year) are likely to release around 20-30% of their value as liquidity.
– Medium-term locks (1-3 years) could release approximately 50-60%.
– Long-term locks (3-8 years) might unlock up to 80% of their value, though with significant governance implications.

These neurons, once unlocked, can be utilized in various DeFi applications within the ICP ecosystem, including staking, liquidity provision, and lending/borrowing platforms.

Utility and Risks of nICP

The nICP (new ICP) tokens will have several utilities within the DeFi ecosystem:

– **Staking**: Users can stake nICP to earn rewards and participate in network governance.
– **Lending/Borrowing**: nICP can be used as collateral for loans or for earning interest through lending platforms.
– **Trading**: nICP will be available for trading on various decentralized exchanges, facilitating liquidity and price discovery.

However, there are risks associated with utilizing nICP:

– **Market Volatility**: The value of nICP could be subject to significant fluctuations, impacting the overall stability of the ecosystem.
– **Governance Risks**: Large holders of nICP might exert undue influence over governance decisions, potentially leading to centralization.
– **Security Concerns**: As with any DeFi protocol, smart contract vulnerabilities could pose risks to funds locked in various applications.

A Quote from a DeFi Major Influencer

Stani Kulechov, CEO of Aave, emphasizes the transformative potential of liquidity tokens in boosting ecosystem liquidity: “The introduction of liquidity tokens significantly boosts liquidity within DeFi ecosystems, allowing assets to be utilized more efficiently and fostering greater innovation and participation” [[❞]](https://coinmarketcap.com/alexandria/people/stani-kulechov) [[❞]](https://milkroad.com/news/aave-uniswap-market/)

ICP Hub Singapore and Bitfinity

ICP Hub Singapore, one of the 23 country hubs funded by the DFINITY Foundation, plays a pivotal role in driving the adoption and growth of ICP technology. Co-founded by Aaron and Jenny, the hub has been active for nine months, focusing on awareness activities, industry meetups, ideatons, and hackathons. Recent events include a national hackathon on AI and blockchain hosted by the National University of Singapore, with future plans for a similar event at Singapore Management University focusing on AI and blockchain in legal tech  [[❞]](https://www.circle.com/en/the-money-movement/the-money-movement-episode-33-defi-in-2021-an-interview-with-stani-kulechov).

Bitfinity EVM’s integration into ICP will be a game-changer, enabling the deployment of EVM-compatible DeFi protocols within the ICP ecosystem. This move will enhance interoperability, allowing seamless interactions between different blockchain networks and attracting a plethora of new projects and innovations to ICP [[❞]](https://chainlinktoday.com/aaves-stani-kulechov-and-chainlinks-sergey-nazarov-on-what-it-takes-to-bring-capital-markets-onchain/) [[❞]] (https://modern.finance/episode/the-origins-and-future-of-aave-the-decentralized-finance-protocol-to-lend-and-borrow-crypto/)

The Path Forward: A New Era for ICP

With the imminent launch of Bitfinity EVM and the introduction of WaterNeuron, ICP is on the cusp of a significant transformation. The ecosystem is set to catch up and potentially surpass other blockchain networks in terms of DeFi activity and innovation. This wave of growth will attract developers, investors, and users alike, driving the next phase of decentralized finance.

In conclusion, WaterNeuron’s advanced liquidity release mechanism is more than just a technical innovation; it is a catalyst for the next wave of growth within the ICP ecosystem. As the ecosystem prepares for this great liquidity event, it is clear that ICP is positioned to become a central hub for DeFi innovation and activity, ushering in a new era of financial inclusivity and technological advancement.

Press Contact

Waterneuron: www.x.com/waterneuron 
ICP Hub Singapore: www.x.com/icphub_sg 
ICP: www.x.com/dfinity 
Bitfinity EVM: www.x.com/bitfinity

 

 

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SOURCE ICP Hub

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AIE Graduates create visual effects for Academy-nominated film

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NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

CANBERRA, Australia, Sept. 19, 2024 /PRNewswire-PRWeb/ — NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

AIE graduates and teachers were given the opportunity to work on the film’s visual effects through AIE’s ongoing partnership with Learning Lions, who produced the film with Film Crew & Baobab Pictures. AIE is proud to support Learning Lions non-profit mission to enable young adults in marginalised rural communities of East Africa to become digital creatives by providing game development training and technology.

The visual effects for NAWI were brought to life by AIE teachers and experienced industry professionals, Thomas Magill and Tom Pugh, who were tasked with supervising the visual effects and liaising with the film’s Directors, Apuu Mourine, Kevin Schmutzler, Tobias Schmutzler and Toby Schmutzler. They assembled a team of recent AIE graduates and worked out how to create the effects required to immerse audiences in Nawi’s world.

“Graduates were able to take the skills they had learnt in class and apply them to cinema-quality footage. There was even a bit of nervous excitement working with professional expectations and deadlines,” said Tom Pugh.

Thomas Magill explained that most of the work involved compositing such as fixing blemishes, removing unwanted folds in clothing, changing pages in a book and removing background actors that were in the wrong place.

“We had a river shot where there was only a sandbank, and we had to create an entire island! There were several shots filmed in a dry riverbed which required us to create floodwater. We had to draw upon various disciplines: not just digital compositing but also visual effects creation and fluid simulations,” said Thomas Magill.

Both teachers enthused that the directors were a pleasure to work with and the collaboration was smooth.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

Learning Lions and AIE look forward to seeing NAWI progress through two rounds of voting by members of the Academy of Motion Picture Arts and Sciences to narrow the list of submitted films down to five nominees for the Best International Feature Film.

About Academy of Interactive Entertainment (AIE)

AIE offers practical, career-focused courses delivered by industry-experienced teachers in 3D animation, game development, visual effects and film. Since 2019 AIE has sponsored scholarships to their Certificate and Diploma programs to Learning Lions student. AIE provided laptops and is supporting with opportunities at various gaming companies around the world for paid part-time and full-time work.

https://aie.edu.au/

About Learning Lions

Learning Lions is fighting poverty with digital opportunity. Established in 2015, Learning Lions equips local youth with essential IT and media skills, and empowering them to become entrepreneurs and self-sustaining individuals. By leveraging digital services, these aspiring entrepreneurs not only support themselves but also provide opportunities for others through employment and mentorship.

https://www.learninglions.org/

Media Contact

Neil Boyd, Academy of Interactive Entertainment, 61 434273190, neilb@aie.edu.au, https://aie.edu.au/

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SOURCE Academy of Interactive Entertainment

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Valhalla MSO Launches Impetus One to Enhance Valhalla Vitality’s Telehealth Platform

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Valhalla MSO launches Impetus One, enabling healthcare providers to expand services, improve patient retention, and boost revenue with no upfront costs

MIAMI, Sept. 19, 2024 /PRNewswire-PRWeb/ — Valhalla MSO is excited to announce the launch of Impetus One (IO), a new software designed to power the Valhalla Vitality Network Provider Program. This initiative aims to expand the reach and capabilities of independent healthcare providers by offering an alternative to the traditional insurance model. With a focus on preventative medicine and wellness therapies, the platform is set to enhance patient care while creating new revenue opportunities for providers.

The Valhalla Vitality Network Provider Program addresses the gap created by insurance companies that often deny coverage for preventative medicine, wellness services, and even weight loss therapies. Insurance typically does not compensate healthcare providers for the time spent improving a patient’s overall health. Impetus One (IO) offers an alternative by providing a cash-pay marketplace where providers are fairly compensated for delivering impactful, life-changing services to their patients.

Key Benefits for Providers

Impetus One Software Integration: The platform integrates seamlessly with Valhalla Vitality, offering an e-commerce marketplace that connects patients with a wide range of health services. Providers can easily adopt the system to deliver therapies and other services, ensuring smooth payment processing and order fulfillment.No Upfront Costs: Providers can join the Network Provider Program without any initial fees. They simply share a unique link with patients, allowing for easy access to services, and payments are processed as orders are placed. Partner pharmacies handle medication shipments directly, creating a hassle-free experience for providers.Boosting Patient Retention: The platform includes a VIP Rewards Program, designed to increase patient retention and loyalty. Patients earn points for discounts and exclusive benefits, which encourages ongoing engagement and care continuity.E-commerce and Wellness Integration: Unlike typical affiliate programs, Valhalla Vitality allows providers to retain full control of their patient relationships. Providers can generate revenue through the integrated e-commerce system without worrying about referral fees or kickbacks, enabling them to focus solely on delivering high-quality patient care.

By joining the Valhalla Vitality Network Provider Program, healthcare providers gain access to a scalable model that helps increase profits, introduce new services, and enhance patient satisfaction. The VIP Rewards Program also strengthens the bond between patients and providers, making healthcare more accessible and rewarding for all.

Healthcare providers looking to grow their practices and increase revenue can join the Valhalla Vitality Network by visiting http://www.providevitality.com. Valhalla MSO’s new platform is a powerful tool for delivering advanced, patient-centric healthcare with a focus on accessibility and quality.

For more information, visit Valhalla Vitality at http://www.valhallavitality.com.

Media Contact

Chris K., Valhalla Vitality, 888-888-8888, ck@s99agency.com, https://valhallavitality.com/

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SOURCE Valhalla Vitality

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Ultima Markets Wins Two Prestigious Awards at Global Forex Awards–Retail 2024!

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LIMASSOL, Cyprus, Sept. 19, 2024  /CNW/ — Ultima Markets, a leading global forex and CFDs brokerage, is thrilled to announce its double success at the prestigious Global Forex Awards – Retail 2024. The company won two distinguished awards: “Best Affiliates Brokerage – Global” and “Best Fund Safety – Global.”

The awards were presented during the event in Limassol, Cyprus, where Jean Philippe, Board Advisor, Corporate Governance and Sustainability at Ultima Markets, accepted the honours.

The Global Forex Awards – Retail has celebrated excellence in trading innovation for seven consecutive years. Ultima Markets’ dual wins reflect its commitment to quality, client-centric strategies, and strong partnerships across the financial services sector.

The “Best Affiliates Brokerage—Global” award recognises Ultima Markets’ exemplary affiliate programme, which has successfully driven its global expansion. It is celebrated for its transparency and competitive rewards tailored to affiliate needs.

Receiving the “Best Fund Safety – Global” award highlights Ultima Markets’ efforts to safeguard client assets. Through its partnership with Willis Towers Watson, the company provides up to USD$1,000,000 in insurance per account, while its Financial Commission membership ensures clients access to up to €20,000 in compensation funds.

These recognitions underscore Ultima Markets’ priority to security and transparency, including segregated accounts and robust risk management practices. The broker also assures affiliate partners of exceptional standards.

Commenting on the awards, Jean Philippe said, “These recognitions reflect the exceptional work of our teams to ensure the safety of traders’ funds and our dedication to creating value for our partners and clients. We will continue to evolve and innovate to meet the market’s demands.”

Ultima Markets is renowned for its extensive range of trading products and personalised customer service, designed to meet clients’ diverse needs worldwide. The dual recognition marks a significant milestone in the company’s global growth and reaffirms its reputation for delivering fund safety and robust affiliate opportunities.

“We are delighted to be recognised with these awards, which reflect our mission to create a secure trading environment and build strong, rewarding partnerships,” said Jack Li, Ultima Markets’ Regional Business Director.

About Ultima Markets

Ultima Markets is a fully licensed, fast-growing broker offering access to 250+ financial instruments. With a team of 2,000+ professionals in 15 global offices, we serve clients in 172 countries. Check out more about our awards on Facebook, X, Instagram, LinkedIn and YouTube.

 

 

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SOURCE Ultima Markets

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