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Reflectocoin Invites the Public to Check Out Its Crypto Ecosystem

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Podgorica, Montenegro–(Newsfile Corp. – December 8, 2021) – The Reflectocoin Team is pleased to announce the release of its ecosystem which is believed to positively influence the way cryptocurrencies are perceived.

(A section of the Reflectocoin website)

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Reflecto is a liquidity generation protocol on automated and seamless yield farming. The liquidity generated is shared amongst investors to increase their token portfolio, and for newbie investors, jumpstart their investing journey with just under 30% reward on every Reflecto bought.

How Is Reflectocoin Different from Other Reflection Protocols?

The cryptocurrency space has been host to many protocols that are simply rip-offs of pre-existing ones and are devoid of innovation. Nor do they solve real-world problems. As seen on the info available on their website and Whitepaper, Reflectocoin means business. The idea of reflection coins and tokens being a gimmick of the crypto world may have just been put to bed. Here are a few reasons why.

Ultra Utility and Scalability

Utility and scalability are vital metrics in determining the future of a project and the valuation of its token, with market shocks taken into consideration. The team has an Application Programming Interface (API) in the works that will enable developers to build wallets with zero gas charges in transactions.

Exponential Reflections

Reflectocoin offers a class-leading 26% reward for every Reflecto transaction. The reward will be in three tokens; two reflection coins (EverGrow and Crypter) and the Binance Smart Chain pegged BUSD. Ten percent is shared amongst all three tokens, which results in 3.33% shares. And EverGrow and Crypter reward its holders 8% in BUSD each for every transaction made.

A 10% initial reward and a 16% (8% each) secondary reward from the other two reflection coins sum up to 26%.

A More Even Buying Action

Reflecto has an inbuilt failsafe called the anti-whale. This system prevents big-money investors from buying more than 0.125% of the total supply at any point in time. Unlike other protocols and blockchain platforms, investors can buy as much as they want and as much as their money allows them. The lack of restriction empowers such investors to manipulate the market in their favor. This is because they can sell or swing trade large amounts, which causes a reduced unit valuation of the token due to a reduction in liquidity.

Its Tokenomics Model

Before presale, 50% of the total supply of Reflectos was burnt, and 45% was set for presale and initial liquidity. As more and more transactions involving Reflectos are made, a proportional volume will be burned to cause them to be scarcer. The rate of burning will be much faster when compared to other blockchain platforms because it is.

Holders Enjoy Staking Benefits with No Associated Risks

Reflecto aims to even out the risk-safety balance with its reflection model. Usually, token holders have the choice of holding for the long-term or contributing to the liquidity pool for returns. But the problem with the latter decision is that they do not benefit from increased valuation of tokens as they should if the coin is stacked away in their wallet.

Reflectocoin’s reward system is modeled in a way that does not mandate holders to stake. Nonetheless, everyone enjoys and shares in Reflecto’s revenue without having to risk the reduction in rewards that may accompany staking.

About Reflectocoin

Refelecto is a reflection coin based on the BSC architecture that works on autonomous frictionless yield farming and liquidity generation protocol. Upon launch, it became the first cryptocurrency to reward its users in multiple tokens.

The team backing Reflecto intends to make the project worthwhile with a future of utility and use cases in-store. Liquidity has been locked for the next decade to keep everyone committed to the vision.

Media Contact

Email: [email protected]
Website: https://reflectocoin.com/
Address: Podgorica, Montenegro
Telegram: https://t.me/joinchat/EDiC69yN0lw5MmZi
Twitter: https://twitter.com/RReflecto
LinkedIn: https://www.linkedin.com/company/reflectotoken/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106946

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Vantage unveils significant impact of donation on UNHCR’s ongoing refugee support in Australia

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SYDNEY, April 26, 2024 /PRNewswire/ — Leading multi-asset broker, Vantage Markets (or Vantage), is pleased to announce the ongoing impact of its contribution to support the protection and resettlement of refugees and stateless people in Australia. This follows its US$100,000 donation to UNHCR, the UN Refugee Agency in May 2023.

Australia’s refugee landscape presents complex challenges, with thousands seeking asylum and protection. UNHCR’s efforts, bolstered by Vantage’s support, have been instrumental in navigating these challenges and providing critical assistance to these individuals, by advocating for improved refugee and stateless protection, offering direct counselling support, and facilitating durable solutions for eligible refugees.

The impact of this partnership has been profound, touching the lives of approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone. Of these, 119 individuals were successfully resettled from Australia to New Zealand, 39 found new homes in Canada and 19 individuals departed to the United States.

“Our collaboration with UNHCR underscores our commitment to creating a more inclusive and compassionate world,” said Jack Kelly, Head of Sales, Vantage Australia. “We are humbled to see how our partnership has enabled UNHCR to delicately navigate the complexities of refugee support, ensuring that every step taken is a step towards a better future.”

These efforts have resulted in meaningful changes in the lives of those in need. For instance, one woman from Iran, who had endured violence and social isolation due to severe post-traumatic stress disorder (PTSD), found solace through UNHCR’s support. With the funding support from Vantage, UNHCR had sufficient resources to support her mental health and complete the necessary interviews for resettlement to New Zealand. Today, she awaits the outcome of her application, hopeful for a brighter future.

Similarly, another Kurdish man, grappling with chronic PTSD and a life-threatening health condition, demonstrated remarkable resilience. Through UNHCR’s holistic support, he stabilised his mental health and was able to complete the extensive and detailed interviews to start his resettlement process. Today, he remains stable and hopeful for a new beginning.

“The completion of these activities has had a significant impact on the well-being and quality of life of refugees and asylum-seekers under UNHCR’s protection,” said a report compiled by UNHCR Australia. “By empowering them and fostering a sense of self-agency, these activities have offered a pathway for refugees and asylum seekers to regain some control over their lives. More importantly, this engagement has kept their options open for eventual resettlement, offering hope and a tangible pathway towards a brighter future.”

“We’re honoured to be supporting UNHCR’s efforts — the team is doing incredibly important work and we’re proud to be part of their journey,” said Kelly. “We hope that our initiative encourages more individuals and organisations to support UNHCR’s ongoing efforts and join in the mission of creating a more inclusive and compassionate world.”

About Vantage

Vantage (or Vantage Markets) is a multi-asset broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) on Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 13 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

https://www.vantagemarkets.com/en-au/

Vantage Global Prime Pty Ltd (ACN 157 768 566) (“Vantage”), located at 12/15 Castlereagh Street, Sydney, NSW, Australia, 2000, and is authorised and regulated by the Australian Securities & Investments Commission (ASIC) AFSL no. 428901.

Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn’t take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary.

You should consider whether you’re part of our target market by reviewing our Target Market Determination (TMD), reading our Product Disclosure Statement (PDS), and other legal documents to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary.

About UNHCR

UNHCR, the UN Refugee Agency, leads international action to protect people forced to flee because of conflict and persecution. The organization delivers life-saving assistance including shelter, food and water, helps to safeguard fundamental human rights and develops solutions that ensure people have a safe place to call home where they can build a better future. UNHCR also works to ensure that stateless people are granted nationality.

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Amwins Global Risks announces classic car auction

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LONDON, April 26, 2024 /PRNewswire/ — Amwins Global Risks is delighted to announce Classic Cars and Cotswolds, an auction to raise money for the Matthew Wilson Multiple Myeloma Fund at Blood Cancer UK.

The online auction opens today and features Ferraris, Aston Martins, a Rolls Royce, a Lamborghini and a fantastic ISO, all kindly donated by insurance peers. Guests will have the opportunity to bid on their favourite cars, which they’ll get to drive for a day through the picturesque Cotswolds, enjoying refreshments and lunch throughout the day, and finishing up with dinner, drinks and a stay in the 5-star Manor House Hotel in Castle Combe.  The event will take place on Friday 6th and Saturday 7th September.

All proceeds from the auction will go to the Matthew Wilson Multiple Myeloma Fund at Blood Cancer UK, a charity that funds vital research and supports people affected by blood cancer.

Mark Cody, Managing Director of Amwins Global Risks, said: “We are thrilled to host this unique and exciting event in honour of our dear friend and colleague Matthew Wilson. Like me, Matthew has a lifelong love of classic cars and we want to share that joy with other people to raise money for the Matthew Wilson Multiple Myeloma Fund. We hope that many people will join us for this special occasion and help us raise as much money as possible for this worthy cause.”

Matthew Wilson says: “I’m thrilled that Amwins Global Risks and friends from across the insurance industry have come together to organise this brilliant and fun event. As someone with blood cancer, I know the importance that hope has in our community, and the money raised here will go directly to scientific research giving hope for new and more effective treatments for multiple myeloma.”

The auction closes on Friday 19th July, and bids for all cars start at £1,500.

Check out all the cars available and bid on them here.

For further information contact Nicola Murphy, Head of Marketing & Communications, Amwins Global Risks, on +44777 468 1085 or [email protected].

About Blood Cancer UK

Blood Cancer UK have invested £500 million in research in blood cancer since 1960. Currently the charity is funding £23m of research across 65 research projects institutions in the UK. To keep up to date with all the latest blood cancer news, go to https://bloodcancer.org.uk/news/ and find us on social media.

For free and confidential support, and information on blood cancer and life after a diagnosis, call us on 0808 2080 888 or email us at [email protected]

Join our online forum and talk to others affected by blood cancer at forum.bloodcancer.org.uk.

About Amwins Global Risks

Amwins Global Risks is a specialist wholesale insurance and reinsurance broker serving clients and markets in the UK and internationally to place more than $2 billion annually of premium into the London and global marketplace. To learn more, visit amwinsglobalrisks.com.

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Indian fintech firm Aurionpro has expanded its artificial intelligence (AI) capabilities with the acquisition of Arya.ai for $16.5 million.

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The acquisition strengthens Aurionpro’s AI portfolio, positioning the company for further innovation and growth in the rapidly evolving fintech landscape.

Arya.ai, a Mumbai-based AI technology company, specializes in advanced AI and deep learning solutions. With this acquisition, Aurionpro aims to enhance its offerings in AI-driven solutions for financial services, accelerating its digital transformation journey.

This strategic move aligns with Aurionpro’s vision to leverage cutting-edge technologies to deliver innovative and tailored solutions to its clients. The acquisition of Arya.ai underscores Aurionpro’s commitment to staying at the forefront of technological innovation in the fintech sector.

Through this merger, Aurionpro aims to harness Arya.ai’s expertise and capabilities to develop next-generation AI-powered solutions that address the evolving needs of financial institutions in India and beyond.

The $16.5 million investment in Arya.ai marks a significant milestone in Aurionpro’s growth strategy, signaling its commitment to driving technological advancement and delivering value-added services to its clients.

Source: fintechfutures.com

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