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Nereus Announces Launch of DAO and Staking Program: Empowering Users to Earn Rewards and Influence the Future

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HONG KONG, Feb. 17, 2025 /PRNewswire/ — Nereus, a leading decentralized finance (DeFi) platform, is excited to announce the launch of its Staking Program and Governance Decentralized Autonomous Organization (DAO), exclusively available to Nereus Token (NRS) stakers. This initiative allows participants to earn rewards and actively influence the project’s future through governance.

Staking Program: Earn Rewards and Support the Ecosystem

The Nereus Staking Program enables NRS token holders to stake their tokens indefinitely, with a 30-day withdrawal delay. Users can initiate a withdrawal request at any time, and after the withdrawal delay has elapsed, they will be able to withdraw their tokens.

Key features of the Staking Program include:

Flexible Staking: Stake your NRS tokens indefinitely and withdraw them with a 30-day delay.Reward Distribution: Users receive rewards based on the current reward rate, set by DAO voting, while their tokens remain staked, with more reward types coming soon.Governance Participation: Staked tokens determine voting power within the Governance DAO.Strengthening the Ecosystem: Staking supports the long-term sustainability of the Nereus platform by encouraging token distribution, increasing the holder base, boosting DAO participation, and driving token demand and trading activity.

At the moment, staking rewards are not being distributed. A DAO proposal will soon be initiated to determine the reward allocation for staking over a specific period and to set the official start date for reward distribution.

For more information on staking, visit the Nereus Staking page.

Governance DAO: Influence Project Decisions

By staking NRS tokens, users gain voting power within the Governance DAO, enabling them to:

Influence key protocol parameters and updates.Propose and vote on new features or initiatives.Play an active role in shaping the future of Nereus.

Explore the Governance DAO further on Tally.

With the launch of the Staking Program and Governance DAO, Nereus is reinforcing its commitment to decentralization, community-driven decision-making, and sustainable ecosystem growth.

About Nereus Token (NRS)

The Nereus Token (NRS) serves as the cornerstone of the Nereus ecosystem, providing holders with governance rights and staking opportunities. NRS is designed to foster long-term engagement and community participation.

Staking and Future Enhancements

In the near future, Nereus plans to introduce additional staking incentives, including real yield in USDT and yield in escrowed NRS tokens (esNRS). 80% of Nereus’s daily trading fees are expected to be shared with NRS token holders, creating a direct link between platform activity and user rewards. To maintain token stability and prevent inflationary pressures, an APR cap of 50% for esNRS token rewards is planned. These enhancements will be subject to governance approval and community consensus.

DAO Governance and Upcoming Improvements

A substantial allocation of tokens has already been designated to the DAO Treasury, allowing the community to influence Nereus Finance’s strategic direction and development initiatives. In the near future, Nereus intends to introduce a quadratic voting model, where voting power scales with the square root of NRS tokens staked. This enhancement aims to ensure a more balanced and equitable governance structure.

For detailed information about NRS, visit its CoinGecko page.

How to Get Started with Staking

Select your staking amount.Stake your NRS tokens with a 30-day withdrawal delay.Earn rewards while supporting the project’s growth and stability.

About Nereus

Nereus is a decentralized derivatives trading platform on the Polygon blockchain, offering up to 150x leverage across cryptocurrencies, forex, and commodities. Designed to blend the user-friendly experience of centralized exchanges with the transparency of DeFi, Nereus features gasless transactions, social logins, and instant execution with low trading fees.

The platform prioritizes security and scalability, with plans to migrate to a zero-knowledge (ZK) Layer 2 solution for reduced transaction costs and faster processing. Additionally, Nereus has developed a unique SDK to facilitate seamless integration with partner platforms. The first integration is currently in progress with COCA Wallet, enabling users to access trading services directly within the COCA Wallet app for a native experience. A formal announcement will be made upon the completion of this integration. Moving forward, this model will serve as the foundation for future integrations with other services and projects.

With a strong focus on user experience and scalability, Nereus is transforming decentralized derivatives trading.

For more information, please visit www.nereus.finance 

Follow Nereus on social media to stay updated on the latest developments and upcoming exchange listings.

Disclaimer: This press release is for informational purposes only and does not constitute financial advice. Please consult with a financial advisor before making any investment decisions.

Logo: https://mma.prnewswire.com/media/2365558/5170647/Nereus_Logo.jpg

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SOURCE Nereus

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212NYC New York’s Digital Advertising Club Celebrates Industry Trailblazers at 12th Annual Gala on Nov. 5, 2026

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44 minutes ago

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November 6, 2026

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212NYC 2026 Gala Awards Spotlight “Humanity in Action: Staying Human in the Age of AI” 

NEW YORK, Nov. 6, 2026 /PRNewswire/ — Nearly 300 of the advertising industry’s most influential leaders, innovators, and changemakers gathered at Tribeca Rooftop on November 5 for 212NYC’s 12th Annual Gala & Excellence Awards.

212NYC, New York’s Digital Advertising Club, hosted the evening under the theme “Humanity in Action: Staying Human in the Age of AI,” reflecting a pivotal moment for the industry as leaders navigate the opportunities and challenges of artificial intelligence while keeping human creativity, connection, and impact at the center. Each year, the 212NYC Gala brings together the brightest talent and most influential voices in advertising to celebrate the trailblazers, visionaries, and innovators driving the industry forward and making a lasting impact.

“The 212NYC Gala gives us an opportunity to celebrate the people moving our industry forward,” said Jay Wolff, President of 212NYC. “As AI transforms how we work, connect, and create, this year’s theme is a powerful reminder that our greatest asset remains our humanity. The leaders we’re honoring exemplify the vision, innovation, and human impact that will define the next chapter of advertising.”

The 212NYC Annual Gala is a signature gathering for the New York advertising community, bringing together leaders across media, marketing, and advertising to celebrate achievement, strengthen connections, and explore the forces shaping the industry’s future.

“Since 2002, 212NYC has grown alongside the digital advertising industry, bringing people together to learn, exchange ideas, and build meaningful relationships,” said Ritu Trivedi, Vice President of 212NYC. “Our community has always been driven by a willingness to embrace change while recognizing the value of human connection. This year’s Gala celebrates that spirit and the people who are helping our industry innovate with purpose.”

The 2026 Gala recognized five distinguished leaders whose work exemplifies this year’s commitment to humanity, innovation, and impact.

The 2026 Honorees:

Chrissie Hanson, CEO, dentsu North America Media Practice & Global Brand President, Carat (Human-Centered Leadership Award)Todd Kaplan, CMO North America, The Kraft Heinz Company (Industry Luminary Award)Jeff Lucas, Chief Revenue Officer, Tubi (Breakthrough Leader Award)Kory Marchisotto, President, e.l.f. Brands (Human Impact Award)Nick Tran, President & CMO, First Round Collective (Innovation with Impact Award)

The evening featured keynote remarks and hosting by Rishad Tobaccowala, 212NYC’s 2025 Industry Luminary Award honoree. A respected industry thinker and leader, Tobaccowala returned to this year’s event to share his perspective on the evolving advertising landscape and the importance of keeping people at the heart of progress.

“We are living through a period of extraordinary technological change, but technology alone cannot determine the future we create,” said Rishad Tobaccowala, keynote speaker and host of the 2026 212NYC Gala. “The real opportunity is to use AI to amplify human imagination, judgment, and connection, not replace them. I’m delighted to return to the 212NYC Gala, where this year’s theme invites our industry to think deeply about what it means to innovate while staying human.”

The evening was made possible through the generous support of its sponsors, including Acast, Amazon Ads, Channel Factory x Omnicom Media, CÎROC Vodka, dentsu, DoubleVerify, e.l.f. Beauty, Fanatics Advertising, Fetch, Fox, Google, iHeartMedia, Instacart Ads, Integral Ad Science, Kraft Heinz, LoopMe, Media.net, The New York Times, Peer39, Raptive, Roku, Skydance Advertising, Tubi, Vevo, Walmart Connect, WPP Media, and Zynga Ads.

 About 212NYC, New York’s Digital Advertising Club

212NYC is New York’s leading organization for the digital advertising industry, reaching more than 5,000 professionals across media, marketing, and advertising. 212NYC connects and educates community members through a year-round slate of compelling panels with industry leaders, signature events, and programs that advance learning and drive impact. A nonprofit, volunteer-run organization, 212NYC welcomes advertising professionals throughout the New York area. Learn more at www.212NYC.org.

Press Contact:

Diana Horowitz,
212NYC Marketing Chair
Phone: 646-709-1420
Email: diana.horowitz@gmail.com / Marketing@212nyc.org

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SOURCE 212NYC New York’s Digital Advertising Club

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ORACLE’S ANNUAL MEETING OF STOCKHOLDERS TO BE HELD NOVEMBER 18, 2026

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November 6, 2026

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AUSTIN, Texas, Nov. 6, 2026 /PRNewswire/ — Oracle (NYSE: ORCL) will hold its 2026 Annual Meeting of Stockholders on Wednesday, November 18, 2026, at 9:00 a.m., Central Time. This year’s meeting will be conducted virtually via a live audio webcast at www.virtualshareholdermeeting.com/ORCL2026. Stockholders as of the close of business on September 21, 2026, the record date, are entitled to participate in the Annual Meeting. Guests may also view the Annual Meeting but may not vote or ask questions.

The proxy materials and website www.virtualshareholdermeeting.com/ORCL2026 include instructions on how to participate in the meeting and how stockholders may vote their shares of Oracle stock. A recording of the meeting will be available at www.virtualshareholdermeeting.com/ORCL2026 and on our Investor Relations website at www.oracle.com/investor following the Annual Meeting through November 25, 2026.

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

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SOURCE Oracle

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Flex to Host Innovation Day on November 10, 2026

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44 minutes ago

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November 6, 2026

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AUSTIN, Texas, Nov. 6, 2026 /PRNewswire/ — Flex (NASDAQ: FLEX) today announced that it will host its 2026 Innovation Day on Tuesday, November 10, 2026, at the company’s headquarters in Austin, Texas.

The event will feature presentations from members of the senior leadership teams of Flex and Axiom, the planned independent, publicly-traded company comprising Flex’s Cloud and Power Infrastructure segment following the expected spin-off. Presentations will focus on each company’s strategy, market opportunities, and financial priorities.

Innovation Day will be held in-person for invited institutional investors and financial analysts. The presentation portions for both companies will also be available to the public through separate webcasts, beginning at:

Flex: 8:00 AM CT / 9:00 AM ET

Axiom: 12:00 PM CT / 1:00 PM ET

The live webcasts and accompanying presentation materials will be available on the Flex Investor Relations website at investors.flex.com. A replay will be available on the Investor Relations website following the conclusion of the event.

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build and manage products that improve the world. With a global footprint spanning 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is helping customers accelerate data center deployment by solving power, heat and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions.

Media, Investors & Analysts

Michelle Simmons
Senior Vice President, Global Investor Relations and Public Relations
(669) 242-6332
Michelle.Simmons@flex.com

 

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SOURCE Flex

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