Reef Finance Incorporates Jax.Network Into Its Marketplace

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The Decentralized Finance (DeFi) blockchain, Reef Finance, has built an alliance with the Bitcoin blockchain Jax.Network. The teaming up of these two eminent blockchain networks will offer clients a reliant, profitable, and decentralized blockchain conformity system. This association with the Jax.Network will further strengthen the ever-evolving Reef Chain market realm.

The consolidation of Jax.Network into Reef Finance’s network system is a mining transaction on the Bitcoin blockchain that follows Satoshi’s business concept for an automated funds operative. For the purpose of warranting a secure blockchain token system for periodic cash exchanges and investments, the JaxNet mandate’s homegrown stablecoin and crypto token, ‘JAX’, will help advance this financial ordeal.

The technical design and implications help produce a leveraged proof-of-work (PoW) trading device. This device will permit miners to mine JAX and BTC crypto tokens at the same time. The lucrative offerings that will be generated through this computing ability will also be aligned.

Essentially with different consolidated mining conformities, the principal business aspect is to profit from a plethora of cryptocurrencies through the private mining process. For instance, a method affiliated to yield farming in the DeFi ecosystem. If miners mine in Jax.Network, they merit funds in the form of JAX token trading compensations, and JaxNet crypto token exchange charges, BTC exchange fees.

The miners on the Jax.Network marketplace can generate crypto bonuses through BTC+ JaxNet’s block production bonuses or JAX token block production bonuses.

Going forward, the business intent for Reef Finance and Jax.Network is to employ Reef’s system functionalities and operate in a collaborative association with Reef’s market realm. This will enable a pathway of progression in the etiquettes of the blockchain ecosystem through the miner’s feedback on its functionalities.

The association of Reef Finance and Jax.Network proposes to establish JAX coin’s goal of delivering DeFi peculiarities to the BTC blockchain network. Client’s of the Jax.Network will obtain DeFi liquidity by Reef’s liquidity link. This process will be administered beyond multiple blockchains on Reef’s market realm.

Overall, the introduction of JAX.Network would enhance and accelerate the exchange velocity. This speed will not come with huge cost bearings but will be at a lower value. Further, the Reef Ecosystem will offer lucrative possibilities in the integrated mining and supplementary stablecoin conveniences rendered by Jax.Network.

Pobjoy Mint — British Indian Ocean Territory: Intriguing clown triggerfish features on final “Sea Creatures” coin

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The treasury of the British Indian Ocean Territory has launched (10th August) the last release of their six-coin series featuring unique and fascinating sea life found in and around their locale. The last coin features a depiction of the clown triggerfish.

The British Indian Ocean Territory comprises the 50 islands of the Chagos Archipelago with a total landmass area of just 44 square kilometres (17 square miles). However, their territorial seas cover over 60,000 square kilometres (more than 23,000 square miles) containing coral reefs comprising over 10% of Indian Ocean reef cover with the cleanest seawater ever recorded. As such, the waters around Chagos are a vital natural laboratory for scientists to learn how a healthy reef lives, enabling their studying of the diverse wildlife who live in or visit these waters as breeding and feeding grounds. As their waters are home to an array of amazing sea creatures, the clown triggerfish among one of them, the series has included just six of the most colourful and even elusive fish species.

These seven-sided coins are produced in both sterling silver and cupro-nickel by the Pobjoy Mint at their facilities in Surrey, England, on behalf of the treasury of the British Indian Ocean Territory. The design on the coin features an adult clown triggerfish swimming along coral reefs. The text above the primary design reads CLOWN TRIGGERFISH with the coins’ denomination shown as FIFTY PENCE placed below. The obverse side of the coin features an elegant effigy of HM Queen Elizabeth II, which is an exclusive design of the Pobjoy Mint. The issuing authority of the BRITISH INDIAN OCEAN TERRITORY is placed around the Queen’s likeness as part of the coin’s legend along with the year of issue 2021.

Denom. Metal Weight Diameter Quality Maximum Mintage 50 pence Cupro-nickel 8 g 27.3 mm Brilliant Unc. 2,750 50 pence .925 Silver 8 g 27.3 mm Proof with applied colour 175

Base metal Brilliant Uncirculated examples are presented in a micro-fibre cloth pouch, the sterling silver Proof examples are encapsulated and presented in a custom case accompanied by a certificate of authenticity. A special album created specially to house all six coins in the collection is available as a separate purchase. For additional information about these coins and others released by the British Indian Ocean Territory, please visit the website of the Pobjoy Mint

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Final Coin in Sea Creatures Series Features Colorful Clown Triggerfish

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Sixth and Last release of a six-coin series featuring the Clown Triggerfish

Low Issue Limit of 2,750

Also available in Proof Sterling Silver with an incredibly low issue limit of 175 worldwide

The Pobjoy Mint is excited to announce the sixth and last coin in the stunning series of 50p coins featuring Sea Creatures issued on behalf of the British Indian Ocean Territory.

The sixth coin in the collection features the Clown Triggerfish, known as the big-spotted triggerfish due to the big white spots that cover most of its body. The design on the coin features an adult Clown Triggerfish swimming along coral reefs.

The Clown Triggerfish is a brightly colored and eye-catching species and the most popular of the trigger species. It has a brown body and the lower half of it is covered in large white spots. The mouth is surrounded by a yellow field with a white edge. On its back the Clown Triggerfish has a yellow-to-gold-colored field. The tail fin can sometimes be of the same yellow/gold color.

This Triggerfish is a foraging predator on coral reefs in the Indo-Pacific Ocean. Like all Triggerfishes, the Clown Triggerfish has very strong jaws and broad teeth, perfect for eating its preferred prey, hard-shelled invertebrates like sea urchins, crustaceans, and mollusks. Its ‘funny by nature’ name comes from its spots, lines, and head markings that make it look almost like it is wearing clown makeup.

British Indian Ocean Territory comprises the 50 islands of the Chagos Archipelago which is only a total area of 44 square kilometers but the territorial seas cover over 60,000 square kilometers containing coral reefs which comprise over 10% of Indian Ocean reef cover and the cleanest seawater ever recorded. This means that the waters around Chagos are a vital natural laboratory for scientists to learn how a healthy reef lives and to study the diverse wildlife who live in or visit these waters as breeding and feeding grounds. This exciting collection features six of these attractive and colorful creatures.

The coin is available in Cupro Nickel Diamond Finish with the Clown Triggerfish portrayed in full color really bringing its pattern to life. A special color album, which is sold separately, has been designed to house all six coins of the collection.

The obverse of the coin features the Pobjoy Mint exclusive effigy of Her Majesty Queen Elizabeth II.

The coin is also available in colored Proof Sterling Silver.

Coin Specifications

Metal: Sterling Silver Colored; Cu-Ni Colored Diameter: 27.30 mm Weight: 8.00 g Issue Limit: Silver: 175; Cu-Ni: 2,750

Presentation

The Cupro Nickel Diamond Finish 50p is presented in capsules with a special album sold separately to house all six coins. The Proof Sterling Silver 50p coin is housed in a red box with a special certificate of authenticity.

Get in Touch

We’d love to hear your feedback, comments, and suggestions. You can call our sales line Toll Free at 1-877-4Pobjoy (1-877-476-2569) or visit our website www.pobjoy.com.

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