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Salary Token Listed On PancakeSwap

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2 years ago

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Hessen, Germany–(Newsfile Corp. – December 2, 2021) –

Figure 1: Salary Token Listed On PancakeSwap

And that’s where the ‘Salary‘ token comes in – a DeFi based, deflationary-designed, hard-cap asset that rewards its users/hodlers via USDT. Salary is a token on the Binance Smart Chain.

The Reward System

To benefit from the reward system, all one must do is enable both the Salary Token as well as BSC-based USDT in their wallet, hold a minimum amount of SLR tokens, and simply wait. As transactions are processed (buys/sells) through the Salary token smart contract, rewards are automatically distributed to holders proportionate to the total number of tokens held in their wallet.

These rewards come from a fee or “tax” (24%) that is imposed on each transaction. A small percentage of the 24% tax (4%) is reserved for Marketing (more on this in a minute) and other expenses. The rest (20%) is redistributed as described above. With its 20% reward structure, Salary cleverly positioned itself as the highest paying, ‘frictionless yield-generating asset’ in the DeFi space.

While other projects tend to pay rewards in their native token, Salary offers more freedom to its community by paying them in USDT. Many holders may elect to “roll” their USDT rewards back into Salary to further compound their reward payouts (think Dividend Reinvestment Plan or ‘DRIP’). Others may utilize the payouts to invest in other projects, offset the initial cost of their initial investment, pay bills, etc. In practice, Salary provides its holders with a (you guessed it!) salary.

Tokenomics

As far as the available supply is concerned, a scarce 1,000,000 tokens were minted, of which 137,000 have already been burned, with plans for even more tokens to be burned as the token’s price matures and milestones are achieved.

All tokens are currently in circulation – liquidity pools have been locked until 2024 to calm potential investors, the chain has completed an Audit, and the team is actively in the process of fully doxxing themselves to further bolster confidence in their project.

New Products/Services

The rewards system is just the beginning. The key to Salary’s plan is in developing new products/services that will drive on-chain activity. Increasing volume on-chain is the key to Salary’s volume-based reward system. In the coming months, Salary’s developers will be hyper focused on building a complex ecosystem with this end goal in the forefront of their minds.

One of these projects involves the creation of a revolutionary ‘Salary Debit Card’, which aims to to offer its users with the ability to frictionlessly spend their crypto assets at fiat-based institutions that do not accept cryptocurrency.

Salary’s tag line reads, “To bridge the Crypto world with traditional finance.” Salary’s powerful Marketing budget and team have been working tirelessly, forging key partnerships with influencers, fostering a positive and engaged community across all Socials, and frequently hosting AMA’s to stretch their influence and instill confidence.

Their efforts have not gone unnoticed or unrewarded, with the price of a single Salary token reaching an all-time high of $9.74 on 11/25/21, a mere 4 days after launching at a price of only $0.60 per token. This price action represents a 1,600% price increase.

Salary is currently available on PancakeSwap and 1-Inch.

Social Media Handles:

Twitter: https://twitter.com/crypto_salary
Telegram: https://t.me/SalaryEN
Medium: https://medium.com/@CryptoSalary
Github: https://github.com/SalaryOfficial
Reddit: https://www.reddit.com/r/CryptoSalary/

Media contact:

Company: Crypto Salary
Email: [email protected]
Website: https://cryptosalary.net

Disclaimer: Information or any fact found on above content is those of writers and company quoted. It does not represent the opinions of this site on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106176

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Clayfin Technologies and Jana Small Finance Bank Honored with Prestigious IBSi Digital Banking Award 2024

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April 24, 2024

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BANGALORE, India, April 24, 2024 /PRNewswire/ — Clayfin Technologies, a leading provider of innovative Digital Customer Experience solutions for Banks and Financial institutions, and Jana Small Finance Bank, one of India’s leading small finance bank in India, proudly announced their partnership’s recognition as ‘Regional Winners: Asia‘ at the IBSi Digital Banking Awards 2024. Their exceptional collaboration was honoured for the innovative ‘Omnichannel Digital Banking Solution for Retail and Corporate Customers’.

The recognition is a testament to Jana Small Finance Bank’s commitment to delivering exceptional customer experiences across digital platforms. Clayfin’s omnichannel Digital Banking Solution offers a comprehensive 360-degree view to Jana SFB’s customers, ensuring seamless integration and accessibility across mobile and internet banking platforms.

Nikhil Gokhale, Director – Research & Digital Properties at IBS Intelligence, extended congratulations to Jana Small Finance Bank and Clayfin for their achievement as the ‘Regional Winners: Asia‘ at the Digital Banking Awards 2024. Clayfin’s Omnichannel Digital Banking Solution at Jana SFB led to significant improvements in productivity, efficiency, and cost savings, highlighting their leadership in digital transformation.

Ashish Saxena, Chief Information and Digital Officer of Jana Small Finance Bank, said, “We are honoured to receive this recognition at the IBSi Digital Banking Awards 2024. This award strengthens our commitment to provide digital experiences to our customers. This win motivates us to continue pushing the boundaries of innovation and excellence in digital banking, ensuring value for our customers.”

Thanking IBS Intelligence and Jana Bank, Rajesh BLN, CEO of Clayfin, added, “Clayfin’s Omnichannel Digital Banking Solution has seamlessly integrated with Jana Bank’s vision of providing convenient digital experience to customers. Today, this solution ensures easy digital transactions, providing a unique experience for Bank’s customers. We are excited about the new services on the platform and are committed to further enhancing the Bank’s digital footprint, contributing to the growth of their business.”

About IBSi Digital Banking Awards 2024 

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and news analysis firm, with a 30-year track record and clients globally. The IBSi Digital Banking Awards 2024 seek to identify and honour the most innovative and impactful technology implementation projects that help banks and FinTechs reach their clients via digital channels. The fourth edition of the Digital Banking Awards evaluated 60+ installations across multiple geographies.

About Jana Small Finance Bank

Jana Small Finance Bank, a scheduled commercial bank, is the 4th largest Small Finance Bank in India with an experience of over 16 years in lending and serving 12 million customers. The Bank was launched in March 2018, is a solid combination of a digital institution and national presence across 22 states and 2 union territories, spread across 808 branches. 

About Clayfin

Clayfin is a leading provider of Digital Customer Experience solutions for Banks and Financial institutions. Clayfin enables Banks and financial institutions to nurture and grow close ties with their customers by providing a seamless omnichannel experience delivered at any digital point of interaction that the customer prefers. Clayfin works across geographies, and currently supports 75+ implementations across 25+ financial institutions.

Logo: https://mma.prnewswire.com/media/2394840/Clayfin_Jana_Logo.jpg

 

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Allfunds has partnered with Google Cloud to leverage AI-powered innovation and optimize its infrastructure.

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2 hours ago

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April 24, 2024

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Allfunds, a leading B2B WealthTech platform serving the fund industry, has unveiled a strategic alliance with Google Cloud.

This collaboration is poised to harness the capabilities of cloud computing, advanced data analytics, and artificial intelligence (AI) to elevate Allfunds’ offerings and introduce innovative solutions to its vast network of Distributors and Fund Houses.

The partnership is fueled by a shared objective of delivering groundbreaking solutions to tackle the intricate challenges of fund distribution. By leveraging the prowess of Google Cloud, Allfunds aims to propel data and AI innovation, paving the way for the creation of novel financial information products and fostering growth opportunities within the industry.

Moreover, the partnership seeks to forge a secure, scalable, and sustainable technological framework to support Allfunds’ operational expansion and transition to cloud services.

The extensive network of Distributors and Fund Houses associated with Allfunds stands to gain substantial benefits from this collaboration. Fund houses will gain access to advanced data analytics tools, enabling deeper insights into investor behavior, market trends, and risk profiles.

This heightened visibility will empower fund houses to make more informed decisions regarding product development, portfolio optimization, and distribution strategies.

Similarly, distributors will experience streamlined operations, expedited access to critical data, and enhanced scalability, all facilitated by the optimized infrastructure and technological architecture powered by Google Cloud.

Juan Alcaraz, CEO and Founder of Allfunds, expressed, “At Allfunds, we are dedicated to being at the forefront of innovation, whether through internal development efforts or strategic partnerships with industry-leading experts like Google Cloud. Rooted in our WealthTech ethos, we are committed to delivering the finest tools and technology for our clients and continuing to support them on their journey of growth and success.”

Tara Brady, President of Google Cloud for Europe, Middle East, and Africa, added, “There is significant potential to revolutionize the financial services sector with cloud and AI technologies. Our collaboration with Allfunds will drive its innovation journey with Google Cloud’s AI capabilities and our secure and scalable infrastructure. Together, we will empower Allfunds’ clients with the tools and insights they need to make better-informed decisions and drive growth.”

Source: fintech.global

The post Allfunds has partnered with Google Cloud to leverage AI-powered innovation and optimize its infrastructure. appeared first on HIPTHER Alerts.

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Zetrix/MYEG and MaiCapital Ink MoU to Launch Virtual Asset Funds

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3 hours ago

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April 24, 2024

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KUALA LUMPUR, Malaysia, April 24, 2024 /PRNewswire/ — Zetrix Foundation and MY E.G. Services Berhad (“MYEG”) signed a Memorandum of Understanding (MoU) with MaiCapital, a licensed virtual asset manager in Hong Kong, to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.

The MoU focuses on a collaboration to issue a Securities and Futures Commission of Hong Kong (SFC) approved ETF, which would consist of a basket of cryptocurrencies, such as Bitcoin and Zetrix, and potentially other suitable cryptocurrencies.

This collaboration follows MYEG-developed Zetrix’s announcement of a strategic alliance with Web3Labs Hong Kong, a powerhouse in Web3 development and investment, alongside venture capital firm Summer Capital. Together, they aim to drive forward Hong Kong’s Web3 ambitions and position Zetrix as the preferred blockchain infrastructure for applications aligned with the Hong Kong government’s objectives, an initiative launched earlier this year.

The collaborative effort between MYEG and MaiCapital is timely, coming just as the SFC has begun granting approvals to several asset managers to launch the first spot bitcoin and ethereum ETFs. 

TS Wong, Managing Director of MYEG, says that this partnership marks another milestone in integrating digital assets into mainstream finance.

“MYEG is pleased to partner with MaiCapital, a leading provider of virtual asset (VA) fund services in Hong Kong, to expand our offerings of cryptocurrency virtual assets fund or ETF options for investors. This collaboration aims to provide investors with additional avenues for diversification across multiple cryptocurrencies, thereby helping to mitigate the risks and volatility associated with owning a single cryptocurrency.”

Managing Partner of MaiCapital Limited, Marco Lim says this collaboration is a testament that Hong Kong’s embrace of Web3 technologies and positioning itself as a hub for innovation in this space is bearing fruit.

“VAs are a key part of a vibrant Web3 ecosystem, and more and more leading Web3 players are recognising Hong Kong’s progressive yet prudent stance on Web3. Our latest MoU with Zetrix Foundation/MYEG is yet another testament,” he says.

About Zetrix

Zetrix is a layer-1 public blockchain that facilitates smart contracts and delivers privacy, security and scalability. Zetrix’s cryptographic infrastructure can be introduced to multiple industries to connect governments, businesses and their citizens to a global blockchain-based economy. Developed by MY E.G. Services Bhd, the cross-border and cross-chain integration with China’s national public blockchain Xinghuo BIF enables Zetrix to serve as a blockchain gateway that facilitates global trade by deploying critical building blocks for Web3 services such as Blockchain-based Identifiers (BID) and Verifiable Credentials (VC).

Website: https://www.zetrix.com/

About MY E.G. Services Bhd (“MYEG”)

MYEG is Malaysia’s premier digital services company. Having commenced operations in 2000 as the flagship e-government services provider, MYEG continues to play a leading role in driving technological change in the region, bringing a diverse and complete range of innovations spanning the online delivery of major government services to a variety of commercial offerings in the areas of immigration, automotive, healthcare and financial services, among others. Committed to staying firmly at the forefront of the region’s digital revolution, MYEG has embraced the potential of blockchain technology to enhance all aspects of life and is actively pioneering its adoption across its main markets. MYEG has operations in key regional markets such as the Philippines and Indonesia.

Website: https://www.myeg.com.my/

MaiCapital Limited (“MaiCapital”)

MaiCapital is a leading virtual assets investment manager in Hong Kong and is a pioneer in applying institutional investment practices to the innovative cryptocurrency space. The firm aims to offer crypto-inclined investors with legitimate and compliant products that provide positive returns with maximum protection.

MaiCapital has received Securities and Futures Commission of Hong Kong’s (SFC) approval to manage funds that may comprise up to 100% virtual assets. The firm is subject to the SFC’s “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets”.

In early 2019, the firm launched its first crypto-themed product, the Blockchain Opportunity Fund. The multi-strategy investment approach of this Fund has garnered global recognition, with the London-based investment data company Preqin ranking its 2021 return among the Top 3 hedge funds across all of Asia.

Website: https://www.maicapital.io/

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