May 19th, Panama – Gate, a global leading cryptocurrency trading platform, has officially adopted the new international domain Gate.com and unveiled a redesigned brand logo, marking a significant milestone in the platform’s evolution. This strategic move aims to unify brand identity, strengthen global presence, and enhance user trust, heralding a new chapter in Gate’s development. The upgrade follows Gate’s 12th anniversary celebrations and aligns closely with the platform’s newly articulated vision, unveiled at its global event in Dubai, to become the “next-generation crypto exchange”. It signifies a transformative leap from industry leadership to innovation leadership, and from technical excellence to global strategic expansion.

Previously, Gate also adopted a new Chinese name “Damen” ( 大门, meaning “The Gate”), symbolizing an open gateway to the future of crypto for users worldwide. The unified refresh of domain and logo reflects the platform’s commitment to inclusivity and signals the beginning of a new chapter in building a trusted, globally connected crypto ecosystem.

Brand Refresh: From Visual Upgrade to Strategic Evolution

As a pioneer in the crypto industry, Gate has focused on building a secure, compliant, and innovative digital asset trading ecosystem since its founding in 2013. Today, the platform serves over 23 million users worldwide, supports trading in over 3,800 cryptocurrencies across spot, futures, leverage, and financial products, ranking Top 3 globally by comprehensive strength. It was also among the first exchanges to implement zero-knowledge proof (ZKP) technology to verify reserve transparency, ensuring 100% verifiability of platform assets. According to its latest proof-of-reserves report, Gate’s total reserves exceed $10.865 billion, with a reserve ratio of 128.57%.

This brand overhaul not only elevates Gate’s visual identity but also marks a critical step in its global outreach strategy. The new domain Gate.com is concise, highly recognizable, and globally intuitive, enhancing user perception of the platform’s professionalism and credibility. The newly designed logo adopts a modern, minimalist aesthetic that encapsulates Gate’s core principles of “trust as the foundation”, “technological innovation”, and “continuous evolution”, representing a comprehensive upgrade in technology, ecosystem, and compliance.

In addition, Gate Group’s global platform Gate, along with all its locally licensed entities, Gate Japan, Gate Dubai, and Gate Europe, will adopt the unified brand name “Gate”. The brand upgrade presents a cohesive global identity and further strengthens Gate’s professional image and international influence as a leading global exchange.

Strategic Leap: Building the “Next-Generation Crypto Exchange”

Beneath the surface of this brand transformation lies a bolder strategic ambition. On April 30, at Gate’s 12th Anniversary Global Celebration in Dubai, Founder and CEO Dr. Han introduced the vision to build the “next-generation crypto exchange”. This strategy emphasizes transformative growth across three core pillars:

• Technology-Driven Innovation: Continuously upgrading the trading experience through iterative product development and breakthroughs in underlying technologies.
• Global Compliance: Establishing a robust global compliance network backed by licenses and regulatory approvals in multiple jurisdictions, strengthening industry credibility.
• Ecosystem Integration: Expanding from trading to encompass Web3, infrastructure, and investment services, building a closed-loop digital economy.

Gate’s mission is to continuously enhance its offerings with a professional, secure, and open approach, aiming to become a foundational infrastructure for the global digital economy and to provide future-ready, trustworthy digital asset services to users worldwide.

Global Compliance Footprint: Expanding with Purpose

Gate Group places strong emphasis on a “compliance-first” strategy, steadily advancing its global regulatory presence. In recent years, its various entities have obtained or completed regulatory registrations, licences, authorizations, or approvals across various jurisdictions, such as Lithuania, Argentina, Malta, Italy, Bahamas, Gibraltar, and Hong Kong.

In 2024, Gate Group’s entity completed the acquisition of Japan-licensed exchange Coin Master, further consolidating its compliance footprint in the Asia-Pacific region. Most recently, Gate Technology FZE (“Gate Dubai”), an entity of Gate Group, recently received a full operational license from Virtual Asset Regulatory Authority (VARA) in Dubai. The license authorizes Gate Dubai to offer crypto asset trading services to institutional investors, qualified investors, and retail users, marking a major milestone in its expansion into the MENA region and global markets. It is a testament to its long-standing commitment to security, transparency, and user protection.

With parallel advancements in technology innovation, user experience, ecosystem expansion, and global compliance, Gate is evolving from a top-tier trading platform into a trusted global digital finance ecosystem. The launch of the Gate.com domain and refreshed logo represents more than a brand update—it is a declaration of Gate’s long-term commitment and vision for the global user community. Looking ahead, Gate remains firmly committed to its development principles of user-first, technological innovation, and global compliance, and will continue to work alongside users, developers, and partners worldwide to shape a safe, open, and sustainable crypto future.

Media Contact:

Elaine Wang at [email protected]

Disclaimer:

The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/legal/user-agreement.

May 14th, Panama – According to the official announcement, the on-chain burn of GateToken (GT) for the first quarter of 2025 has been successfully completed. A total of 1,542,910.7518074 GT has been transferred to the burn address, with its value exceeding $33.84 million.

View transaction details on-chain: https://etherscan.io/tx/0x07d08231fb04140708621348b3e030978c4feedceb4113f214cf085732ce9ec4

As the utility token and gas fee token on GateChain, GT plays a fundamental role in powering the network’s core transfer infrastructure. Since the GateChain mainnet launch in 2019, GT has implemented a sustained deflationary mechanism. The total token supply has been significantly reduced from its initial 300 million, with an overall reduction of approximately 59.54%. Even amid multiple market cycles, the platform has consistently executed a prudent and transparent burn strategy, demonstrating its long-term commitment to GT’s deflationary model and providing a solid foundation for sustained value appreciation.

Key Information of This Burn:

• Tokens burned this round: 1,542,910.7518074 GT
• Value of this burn: Approximately $33.8452 million
• Total cumulative tokens burned: 178,632,323 GT
• Total cumulative burn value: Approximately $3.92 billion (based on the current price)

Looking forward, GateChain will continue to enhance its core infrastructure, including data availability (DA), to ensure network efficiency and security. At the same time, it will further expand its Web3 ecosystem to cover wallets, trading, asset management, NFTs, memes, and beyond, enhancing the overall user experience.

As more applications and chains integrate with GateChain, GT is expected to serve an even greater role in powering the ecosystem. Additionally, GT holders are entitled to exclusive benefits such as token launch airdrops, new token staking, and GT staking rewards. Gate remains firmly committed to the long-term deflationary plan for GT. Under a compliant and structured framework, it will steadily advance the token burn process, continually enhancing GT’s scarcity and long-term value. Through this approach, the platform aims to drive the crypto industry toward a more regulated, secure, and efficient future, delivering a richer suite of blockchain services for global users and building a thriving Web3 ecosystem together.

Media Contact:

Elaine Wang at [email protected]

Disclaimer:

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.io/user-agreement.

May 12th, Panama –Gate.io has released its latest Proof of Reserves report. As of May 8, the total value of Gate.io’s reserves stands at $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve of $2.415 billion.

Currently, the BTC reserve ratio is 137.69%, with an increase of 2,802 BTC compared to the previous period. The ETH reserve ratio is 121.36%, with an increase of 188,563 ETH, and the USDT reserve ratio is 102.63%, with an increase of 441,334,786 USDT. In addition, reserve ratios for assets such as GT, DOGE, and XRP all exceed the 100% benchmark, reaching 178.50%, 109.19%, and 116.72%, respectively.

Gate.io has always prioritized asset security and user trust, consistently advancing the innovation upgrade of its reserve audit technologies. Gate.io employs zero-knowledge technology and Merkle Tree structures, allowing users to verify whether their assets are included in the platform’s reserves without revealing any details. Combined with hot and cold wallet verification and balance snapshots, this approach completes a closed-loop of data, allowing users to independently verify their holdings through a dedicated page.

In addition, Gate.io regularly updates its reserve data and provides users with corresponding verification paths and report summaries to help them understand asset composition and reserve levels. Currently, Gate.io’s reserves cover most mainstream cryptocurrencies, equipping the platform with robust market resilience and offering strong support for stable operations and long-term growth.

Looking ahead, Gate.io will continue to leverage its strengths in transparent operations and technical adoptions, exploring new technological breakthroughs to co-create a safer and more trustworthy digital asset trading ecosystem with users worldwide.

Media Contact:

Elaine Wang at [email protected]

Disclaimer:

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.io/user-agreement.

In today’s rapidly evolving era of artificial intelligence, high-quality data stands as the foundation of innovation. Alaya AI is redefining the way data is labeled by integrating decentralized Web3 technologies with advanced automated annotation tools. By bridging the gap between traditional manual labeling and highly efficient automation, Alaya AI not only reduces costs and boosts data labeling efficiency, but also empowers a global community to share in the value creation.

A Paradigm Shift in Data Labeling

Traditional data labeling methods are plagued by inefficiencies, high costs, and unfair compensation. Alaya AI addresses these challenges through its “Label to Earn” model. By leveraging blockchain technology, the platform streamlines the labeling process and eliminates intermediaries, enabling direct connections between data requesters and global contributors. Participants are rewarded through a dual NFT system—one NFT grants access to labeling tasks, while the other certifies user expertise—ensuring both high-quality results and fair incentives.

Advanced Automation for Superior Efficiency

At the heart of Alaya AI lies its cutting-edge AI automation toolkit. This system uses a three-layer intelligent optimization framework, enhanced by reinforcement learning from human feedback (RLHF), to handle repetitive labeling tasks without compromising on accuracy. From image annotation and video processing to text transcription, the platform supports a wide range of data types. This automation not only accelerates the creation of large-scale, high-quality datasets—critical for AI applications such as autonomous driving, medical diagnostics, and financial risk modeling—but also significantly reduces training costs.

Empowering a Global Data Community

Alaya AI’s decentralization extends beyond technology to its global community-building efforts. With over one million registered users and tens of thousands of daily active participants, the platform brings together a diverse range of data sources, enriching both data variety and quality. This diversity reduces bias and strengthens the real-world relevance of training data. Moreover, the platform’s Open Data Platform (ODP) enables frictionless Web3 data exchange, allowing developers to build customized data pools and significantly lowering the cost of labeling for small and medium-sized teams.

Looking Ahead

Alaya AI will continue to refine its automation tools and expand into new industries and geographies. Future plans include integrating more advanced NLP and computer vision technologies to meet the complex demands of emerging fields such as retail and autonomous driving. Additionally, by exploring synergies with decentralized physical infrastructure networks (DePIN) and AI-powered hardware, Alaya AI aims to transform everyday interactions into data generation opportunities—becoming a truly “decentralized AI data factory.”

Conclusion

As artificial intelligence continues to permeate every aspect of modern life, the demand for high-quality, diverse, and efficiently labeled data is more critical than ever. Alaya AI is reshaping the landscape of data labeling through its unique blend of decentralized Web3 principles, automation, and gamified user engagement. By democratizing data access and aligning incentives fairly, Alaya AI not only accelerates AI development but also paves the way for a more inclusive and sustainable data economy.

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Piggycell, a Web3-native charging and reward platform with 3.5 million users and 100,000 deployed devices, has confirmed support from the ICP Hubs Network, which spans 26 countries.

This support will accelerate Piggycell’s integration of blockchain technology with its existing portable power bank network. The platform enables users to earn points through everyday charging activities, with these rewards stored in decentralized Internet Computer canisters rather than centralized databases. Users can exchange these points for PGC tokens—an Internet Computer-based token—creating a transparent reward system that processes hundreds of thousands of rental transactions monthly.

This is a major leap for Piggycell,” said John Lee, Founder of Piggycell. “The Internet Computer’s unique features, including the ‘Reverse Gas’ model and powerful canister smart contracts, make it exceptionally well-suited for managing our large-scale transaction loads efficiently. With support from these 26 Internet Computer Hubs, we’re becoming a key application within the ICP ecosystem while maintaining a seamless user experience.

Piggycell’s closed beta test (CBT) and token airdrop are scheduled for April 2025, with strategic expansion through partners planned throughout Q2-Q3. The company has already signed power bank distribution agreements with major brands like Yanolja and Ediya Coffee, Korea’s largest coffee chain, which will significantly expand the real-world footprint of the network while showcasing how decentralized physical infrastructure can operate at scale.

The platform leverages the Internet Computer blockchain to implement decentralized points across its services. Rather than storing user data in centralized Web2-style server databases, Piggycell uses Internet Computer canisters to build a decentralized user database. Core features such as user point accumulation and burning are handled transparently through smart contracts to ensure the service’s trustworthiness while maintaining the performance needed for high transaction volumes.

Piggycell

Piggycell is a Web3-powered DePIN and RWA platform that transforms everyday charging infrastructure into a decentralized, community-owned network. By combining real-world devices with blockchain-based ownership and reward systems, Piggycell enables users to earn through charging, challenges, and NFT-linked infrastructure. With millions of users and a fast-growing physical footprint, Piggycell is bridging the gap between Web2 utility and Web3 incentives — making blockchain benefits accessible without the complexity. Through gamified features and seamless UX, Piggycell redefines charging infrastructure as something users can own, earn from, and grow together.

For more information, please visit: https://www.piggycell.io/home

Internet Computer

The Internet Computer (ICP) represents a fully decentralized web3 cloud platform, enabling developers to deploy code directly onto the blockchain without relying on servers or centralized infrastructure. This fast, cost-efficient, and highly scalable protocol redefines the operational paradigm of a decentralized web3 platform. ICP offers the same functionalities as centralized clouds but with economically efficient computation, heightened security, and rapid processing speeds intrinsic to decentralized technology.

Contact Information

Media Contact: katherine
Email: [email protected]
Website: https://www.piggycell.io/home

April 10 -Panama – Leading global digital asset platform Gate has released its Q1 2025 Transparency Report, showcasing comprehensive breakthroughs across multiple business segments. Core metrics reached historic highs, security infrastructure underwent full-scale upgrades, product offerings expanded significantly, and global strategies accelerated, all reflecting its robust growth momentum and a solidified market foundation.

Trading Business Surge: Futures Trading Volume Up 31% QoQ

In Q1 2025, Gate maintained its industry leadership with remarkable user growth and trading volume breakthroughs. The platform’s expanding user base underscored its strong market appeal and sustained growth momentum.

Futures Trading saw explosive growth, with the number of traders and overall trading volume surging. Futures trading volume increased by approximately 31% quarter-over-quarter (QoQ).

In Spot Trading, the platform listed over 200 new tokens, reinforcing Gate’s leading edge in asset selection and listing efficiency, providing users with a broader and higher-quality range of investment options.

Gate newly launched the “Refer to Earn” program which integrated social media and interactive campaigns to drive user acquisition and trading activity, fostering sustainable community growth.

Strong Tokenomics: GT Price Hits Historic High of $25.96

This quarter, Gate’s native token GT delivered stellar performance in Q1 2025, reaching an all-time high of $25.96 on January 25, a 70% increase year-to-date. As the native utility and gas token of GateChain, GT underpins the blockchain’s fundamental transaction infrastructure. GT holders also enjoy exclusive benefits such as LaunchPool airdrops, mining rewards, and staking incentives.

Since GateChain’s 2019 launch, GT has maintained a deflationary burn mechanism, reducing total supply by around 60% from its initial 300 million. This underscores Gate’s long-term commitment to deflationary tokenomics and reinforces GT’s value proposition for long-term holders. So far, a total of 177,089,412.23 GT has been burned, with a total burn value of approximately $408,270,578.

Security First: Total Reserves Exceed $10.328 Billion

Gate remains steadfast in safeguarding user assets and information security, further enhancing reserve transparency and platform security. As of January 17, 2025, Gate.io’s total reserves reached $10.328 billion, ranking Top 4 globally among crypto platforms. The reserve ratio stood at 128.58%, exceeding the 100% industry benchmark. Excess reserves totaled $2.296 billion, providing robust protection for user funds.

Gate attached great importance to advancing its global compliance framework, including the acquisition of Coin Master, a licensed exchange in Japan, through one of its entities, further expanding its localized business in the Japanese market.

Launchpool Upgrade: 140+ Projects Launched with $14M+ Rewards

In Q1 2025, Gate Launchpool (formerly Startup Mining) became a premier platform for new token launches. It hosted over 140 projects, including more than 90 free airdrops with a total value exceeding $5.2 million. And the platform launched over 70 mining projects distributing more than $9.2 million in rewards.

The platform introduced a project search function and intelligent strategy filter, enabling users to match optimal mining plans within three minutes. The HODLer Airdrop program lowered its entry threshold to 1 GT, delivering an average annualized return of 43.94%. Demonstrating its agility in responding to market trends, on the listing day of the trending token TRUMP, mining was activated immediately, and stake volume surpassed $25 million within 24 hours, attracting significant user participation and fostering a win-win environment between the platform and project.

Gate Pilot Listed Over 1,000 Tokens, Capturing Multiple High-Yield Memes

Leveraging its first-mover advantage and continuous innovation in the Meme sector, Gate Pilot has further solidified its leading position in the field. This quarter, Gate Pilot successfully integrated more than 10 major public blockchains, including Ethereum, Solana, and Base. Nearly 400 tokens were listed this quarter, bringing the total number of listed tokens to over 1,000. Gate Pilot maintains a leading position in the industry and offers users a richer and more diverse range of investment options. Meanwhile, innovative tools such as “Logo Mode” and Meme Gem Index were launched, significantly enhancing users’ ability to identify tokens and market trends while lowering the barriers to Meme trading.

With its fast listing mechanism, Gate Pilot helped users capture multiple high-yield projects ahead of the market, including quality Meme tokens like Kekius (55x), Trump (45x), YZY (46x), and Mubarak (28x). In addition, the platform partnered with projects such as MemeCity and MemeCore, actively participating in offline industry events to strengthen its leading position in the Meme sector.

Strong Institutional Business Performance and Continuous Infrastructure Upgrades

Gate’s institutional business achieved significant breakthroughs in both trading volume and ecosystem development. Institutional clients’ futures and brokerage business trading volumes both saw marked growth. By optimizing trading infrastructure and market depth, latency was reduced by more than 2-fold, significantly improving users’ trading efficiency. Furthermore, futures liquidity improved, and the number of spot and futures market makers increased.

Additionally, Gate introduced the new Fireblocks Off-Exchange solution, offering institutional clients more flexible fund management options. Through joint marketing campaigns with over 20 partners, Gate further expanded its professional client base and strengthened the building of its premium user community, further consolidating Gate’s leading position in the global cryptocurrency field.

Significant Growth in Quantitative Investment, Copy Trading Volume Soared 780%

This quater, Gate achieved remarkable growth in copy trading, bot strategies, and ETF products. In terms of copy trading, the launch of the Prometheus automatic risk control system created a safer trading environment for users; spot copy trading volume surged by 780%, and the highest yield from a leading user reached 890x, offering users opportunities for excess returns.

Robot products, through continuous optimization of the Ultra AI strategy and intelligent algorithms, have generated over $500 million in cumulative trading revenue for users. The newly launched BotsLive streaming column and weekly strategy recommendations significantly boosted user engagement; the number of new strategies created increased by 404% quarter-on-quarter, and the number of users creating new strategies grew by 193%.

The ETF business also performed strongly, with the platform supporting over 200 ETF leveraged tokens, maintaining a leading position in the industry. By the end of the quarter, ETF trading volume had increased by 40% quarter-on-quarter, and the number of participating users had grown by 197%.

Partnering with Top Players to Build Global Blockchain Influence

In the first quarter of 2025, Gate made simultaneous advances in global brand expansion and blockchain investment. Gate.io announced its official sponsorship of the Oracle Red Bull Racing team in F1, initiating a multi-year strategic partnership. This collaboration is not only a powerful alliance between two industry leaders but also marks the expansion of blockchain technology from the race track to the global stage, promoting Web3 and digital finance concepts to a broader audience through a world-class sports platform.

Meanwhile, Gate Ventures joined the newly established Morph Venture Capital Collective alliance, further expanding its blockchain investment landscape. In addition, Gate Ventures invested $20 million in the BNB Incubation Alliance (BIA), jointly initiated by BNB Chain and Binance Labs, demonstrating its firm commitment to advancing the Web3 ecosystem and nurturing the next generation of blockchain innovation projects. By empowering projects with capital, resources, and networks, Gate is taking concrete actions to help bring blockchain technology into the mainstream.

https://www.gate.io/announcements/article/44362Media Contact:

Elaine Wang at [email protected]

Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more details, please read the User Agreement: https://www.gate.io/zh/user-agreement.

Largo, Florida – In light of President Donald Trump’s recent announcement to establish a U.S. “Crypto Strategic Reserve,” which includes major cryptocurrencies such as Bitcoin, Ethereum, XRP, Solana, and Cardano, DefiTax.us is proud to launch its innovative tax reporting platform tailored for decentralized finance (DeFi) users. This strategic move by the government has led to a significant surge in cryptocurrency valuations, underscoring the growing importance of accurate tax reporting for investors and businesses alike

As the cryptocurrency market expands, so does the complexity of tax reporting, especially for those engaged in activities like yield farming, staking, liquidity pools, and token swaps. Traditional tax software often falls short in accurately tracking these intricate transactions, potentially leading to misreporting and penalties.

 DefiTax.us addresses these challenges by offering:​

• Automated Transaction Tracking: Real-time monitoring of DeFi transactions across multiple blockchains and wallets.​
• Accurate Tax Calculations: Advanced algorithms that precisely compute gains, losses, and taxable events.​
• Seamless Reporting: User-friendly tax reports formatted for IRS compliance and easy integration with tax professionals.​
• Privacy & Security: A non-custodial solution ensuring user data remains confidential and protected.​

Janna Scott, founder and CEO of DefiTax.us, brings over 20 years of experience in accounting, taxes, business planning, and strategy. As an IRS Enrolled Agent and Master of Business Administration (MBA), Scott has provided CFO, FP&A, Tax Accounting, Financial Accounting, Compliance, and SEC services to various clients and firms, including the IRS. Her extensive background in the financial industry and passion for assisting others have been instrumental in the development of DefiTax.us.​

“Our mission is to bridge the gap between DeFi innovation and regulatory compliance,” said Scott. “With the U.S. government’s proactive stance on cryptocurrency adoption, it’s more crucial than ever for investors to have a reliable, user-friendly solution that ensures accurate tax reporting and peace of mind.”​

DefiTax.us is now available for users in the United States, with plans to expand features and jurisdiction coverage in the coming months.​

For more information, visit www.DefiTax.us or contact [email protected]

About DefiTax.us

DefiTax.us is a crypto tax platform specializing in decentralized finance transactions. By leveraging blockchain analytics and advanced tax algorithms, DefiTax.us simplifies tax reporting for individuals and businesses engaged in DeFi.​

Buenos Aires, Argentina – Balmy, the leading on-chain banking platform, proudly announces the public launch of Earn Guardian, a security protocol that leverages Pre-Attack Intelligence to protect DeFi funds earning yield. This innovation marks a significant step forward in addressing one of DeFi’s most critical challenges: safeguarding assets before an attack even happens. 

After a successful early access phase, Earn Guardian is now available to everyone offering some of the best low-risk high-rewards APYs in DeFi. Thanks to over $150K in OP liquidity mining rewards, users can earn yield while benefiting from enterprise-grade security tools in web3.

*Yields are subject to change based on market conditions.

Earn Guardian is built on real-time threat detection, allowing users to earn yield from protocols like Aave, Compound, and Morpho while knowing that if a potential attack is detected, their assets could be moved to safety before the damage is done.

The Next Evolution in DeFi Security

“If you’ve ever experienced the panic of receiving a late-night message about a DeFi hack, you know how crucial it is to act fast,” said Alejo Amiras, CEO of Balmy. “We’ve heard countless stories from users who received news of a hack in situations where they could do nothing but watch as liquidity drained before they could act. Earn Guardian was born out of these very moments. We asked ourselves, “Why can’t security experts act on our behalf when they detect an issue and save us the trouble?”

Balmy’s Earn Guardian does exactly that. Users can choose from top security firms—known as Guardians—to monitor their funds. If a protocol is compromised, the Guardian can pull the funds into a secure Balmy smart contract before an exploit is executed.

Now, with this public launch, all users also gain access to a referral system where they can climb tiers to unlock perks like higher yield opportunities, fee reductions, raffles and exclusive NFTs.

How It Works

1.Users select a vault to earn yield, which is secured by a security firm (Guardian) based on factors like fees, reputation, and performance history. This Guardian will actively monitor the protocols where funds are earning yield.

2.Guardians utilize a range of tools—such as mempool monitoring, machine learning models, and bytecode scanning—to detect and react to potential attacks. If suspicious activity is found, they move the user’s funds out of the vulnerable protocol into a secure Balmy smart contract, ensuring the assets remain safe.

3.The threat is verified after the funds are rescued. If it’s a false alarm, funds can be redeposited and continue earning yield. If a legitimate threat is detected, the user’s assets remain safe, and Guardians are rewarded with a rescue fee for their protection efforts.

4.In cases where the threat’s validity is disputed, Balmy verifies them internally. But in the future, users will be able to escalate disputes through a decentralized arbitration protocol, ensuring a transparent and fair process.

A Safer DeFi Experience for Yield Hunters

“No solution can guarantee 100% safety, but we believe Earn Guardian is a massive leap forward in protecting the growing sophistication of DeFi attacks,” added Alejo. “With Earn Guardian, we’ve taken the most important step toward creating a DeFi experience where users can feel confident that their funds are growing and protected.”

As part of its launch, Balmy is collaborating with renowned security experts to build an open marketplace for Guardians, where firms can compete for users’ trust, setting a new standard in DeFi security. Projects wishing to apply to be Guardians on Balmy can reach out at this link. Balmy believes that empowering users to choose their Guardians in an open market, will elevate the role of security professionals and set a new benchmark for DeFi protection.

About Balmy

Balmy is an on-chain banking platform that puts users at the center of their DeFi journey by offering an all-in-one solution. With Balmy, users can swap assets at the best prices, invest in a variety of assets, generate yields, and set up recurring investments—all while tracking their entire portfolio in one place.

Combining top-notch decentralized technology with a user-first approach, Balmy redefines what’s possible in DeFi, providing an excellent way for users to earn, protect, and explore new financial opportunities.

For more information, please visit Balmy’s website or contact Emiliano, Lead Communication at  [email protected] 

Media kit: Link