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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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LYKSTAGE Launches Patented Video Platform That Pays Creators and Viewers — Now Live Across Five Countries

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MUMBAI, India, April 20, 2026 /PRNewswire/ — LYKSTAGE, a video-sharing platform owned by LYK Inc., a Delaware-based entity, and founded by New York-based entrepreneur Adris Chakraborty, is redefining how the creator economy works — with a patented monetization model no other platform can legally replicate.

Built by a technology team in India under Manhattan Tech Ventures, LYKSTAGE runs on a patented Watch-Time Monetization Model that fundamentally changes who earns from video content. Creators earn whenever their content’s watch time gets monetized — no subscriber minimums, no waiting periods, and no thresholds to cross before earning begins.

What makes the model unprecedented is that viewers earn too. Logged-in viewers are rewarded whenever their watch time gets monetized — when they watch content uninterrupted and the ad served during viewing is fully consumed. When that happens, the creator earns, the viewer is rewarded, and the platform earns. Every reward is funded by actual ad revenue — not venture capital subsidies. The model is entirely self-sustaining.

The platform serves both skippable and non-skippable ads, determined by an ad server algorithm that optimizes based on viewing patterns and content traction. For advertisers, impressions are served intelligently — matching the right ad format to the right moment, delivering higher completion rates and genuine attention.

LYKSTAGE is now live across five markets — India, the United States, the United Kingdom, Canada, and the UAE — and available on Samsung TV, LG TV, Roku, Apple TV, Android TV, Amazon Fire TV, desktop, mobile web, and native apps on both the App Store and Google Play Store.

Adris Chakraborty, a Kolkata-born Columbia Business School alumnus based in the US since 2003, co-founded Mediamorphosis Advertising & Technology Inc. in New York in 2006 with his spouse and business partner Poulami Mukherjee. The company expanded to the UK in 2012, followed by Manhattan Communications in India — building a multicultural advertising group spanning five countries with over 100 clients, providing LYKSTAGE with built-in advertiser relationships and market intelligence.

The platform has crossed over one million users across all markets, with more than 20,000 creators on board and growing across all five countries — achieved with minimal paid marketing.

LYKSTAGE is a transparent, patented system where the people who create the value are the ones who earn from it.

Sign up at:
Android – https://play.google.com/store/apps/details?id=com.lykstage.app
Apple – https://apps.apple.com/in/app/lykstage-video-streaming/id6754064834

Logo: https://mma.prnewswire.com/media/2960187/LYKSTAGE_Logo.jpg

 

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Towngas and Tencent forge strategic partnership to drive “Energy + Tech” smart digital transformation

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HONG KONG, April 20, 2026 /PRNewswire/ — The Hong Kong and China Gas Company Limited (Towngas) and Tencent have signed a strategic partnership agreement in Hong Kong. The two companies will collaborate extensively on unified cloud resource management, digital platform development, large artificial intelligence (AI) models and applications, customer engagement enhancement, and R&D tool synergy. Together, they aim to drive the smart digital transformation of the energy sector.

The partnership dates back to 2020, when Towngas Lifestyle, the extended business division of Towngas, first teamed up with Tencent Cloud. In 2021, Towngas Energy, the Group’s renewable energy arm, worked with Tencent Cloud to build a smart energy ecosystem, which currently supports over a hundred integrated energy projects for the business segment. In 2023, Towngas Lifestyle and Tencent Cloud entered into a comprehensive strategic partnership spanning cloud platforms, big data, AI, and customer engagement, delivering one-stop lifestyle solutions to 46 million household customers across Hong Kong and the Chinese mainland. This latest agreement marks a comprehensive, group-level strategic partnership between Towngas and Tencent. It is designed to pool their resources, achieve cross-divisional synergy, drive quality and efficiency gains, and accelerate AI innovation.

Over the past six years, this collaboration has yielded remarkable results. Powered by Tencent Cloud, Towngas Lifestyle has upgraded the digital foundation and driven application innovation for its Towngas Lifestyle Cloud (TLC) platform. Furthermore, leveraging Tencent Cloud’s TBDS (Tencent Big Data Suite), it built the Towngas Analytics Platform (TAP), which currently supports big data applications for over 70 affiliated city-gas companies as well as its Hong Kong operations.

In terms of AI applications, Towngas Lifestyle has capitalised on Tencent’s AI computing power and large model technology to launch innovative tools such as smart safety inspections and AI service agents, significantly boosting the efficiency of frontline staff at gas companies. To better serve its customers, the company has deeply integrated Tencent’s WeCom to improve customer outreach. On the R&D front, Towngas Lifestyle has widely adopted Tencent’s AI development tools to streamline workflows. Moreover, the partners have successfully replicated their mainland successes in Hong Kong, completing the cross-border deployment of the TAP platform and advancing the upgrade of the city’s business systems.

Mr Peter Wong Wai-yee, Managing Director of Towngas, said: “Tencent’s leading position in AI and digital technology is obvious to all. Since 2020, the two parties have established a strong partnership, expanding from Towngas Lifestyle’s extended business to cooperation on the smart energy platform for the renewable energy segment, and gradually extending from the mainland to Hong Kong. As an enterprise with a 164-year history, Towngas has grown to possess a customer base of over 120 million since entering the mainland gas utility business in 1994. Facing such a massive number of customers, data security is of paramount importance. How to build a secure and efficient system for management and service has become a critical issue for business development. We are confident in joining hands with Tencent to co-build a secure and efficient digital system, comprehensively elevate the customer service experience and operational efficiency, and jointly pioneer more possibilities for ‘Energy + Tech’.”

Mr Dowson Tong, Senior Executive Vice President of Tencent and CEO of Tencent Cloud and Smart Industries Group, stated that as a household brand in Hong Kong, Towngas’s “customer-centric” service philosophy aligns closely with Tencent’s corporate mission of “Value for Users, Tech for Good”. Over the past six years, Tencent has engaged in deep collaboration with multiple segments under Towngas, empowering businesses with technology to achieve precise operations. Tencent looks forward to taking this exchange as a new starting point, further consolidating the “Cloud + AI” technological foundation based on existing cooperation, and deeply integrating Tencent’s digital capabilities with Towngas’s rich application scenarios. Through technological innovation, the goal is to achieve better customer service delivery and enhance operational efficiency, exploring a new path to sustainable development for the smart upgrade of the energy industry while ensuring data security and user privacy.

Looking ahead, the two companies will continue to deepen their collaboration in migrating core businesses to the cloud, co-building digital platforms, deploying large models and AI applications, and enhancing customer engagement. This will not only deliver a superior experience for gas customers but also set a benchmark for the high-quality transformational development of the energy industry.

 

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SOURCE Tencent Cloud

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DMEGC Solar Achieves EcoVadis Gold Medal, Underscoring Its Commitment to ESG Excellence

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JINHUA, China, April 20, 2026 /PRNewswire/ — On April 15, DMEGC Solar, a global leader in magnetic materials and renewable energy solutions, achieved a milestone breakthrough in sustainable development. With outstanding performance in environmental protection, social responsibility, and other key areas, the company earned a Gold Medal from the internationally recognized rating agency EcoVadis, scoring 82 points. This places DMEGC Solar in the top 3% of all rated companies worldwide, surpassing 97% of participants.

EcoVadis is a globally leading sustainability assessment platform, having rated over 150,000 companies across more than 250 industries and 185 countries. Its evaluation framework covers 21 indicators across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The platform aims to assess the sustainability performance and social responsibility of companies within global supply chains.

DMEGC Solar participated in the assessment at the group level rather than as a single factory, demonstrating outstanding strength across all four dimensions. In the Labor & Human Rights dimension, the company has established a comprehensive employee rights protection system, strictly implemented occupational health and safety standards, and promoted employee development and career growth, ranking in the top 1% of its industry.

In the Sustainable Procurement dimension, the company has built a full-chain green supply chain management mechanism, collaborating with core suppliers to create a “cooperative carbon reduction” ecosystem. Initiatives such as packaging material recycling, green electricity usage, and localized collaborative production have enabled a low-carbon, traceable supply chain, also ranking in the top 1% of the industry.

Coupled with strong performances in environmental governance and business ethics, the company achieved an impressive score of 82, surpassing 97% of evaluated companies and earning the Gold Medal. This distinction places DMEGC Solar at the top in the global solar module manufacturers to receive such recognition.

This Gold Medal rating will for sure strengthen the company’s competitiveness in overseas markets. On one hand, its industry-leading ESG performance helps meet policy requirements related to sustainable supply chains, enhancing both the premium pricing of its products in international markets and its ability to secure orders. On the other hand, this recognition will boost customer and partner trust in the company’s brand, supporting the expansion of market share for its core products—such as photovoltaic modules, residential energy storage systems, and magnetic materials—while consolidating its market leadership.

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