Standard Protocol
Standard Protocol is Polkadot's stablecoin for synthetic assets, building a new paradigm for a liquidity aggregation platform. Unlike most existing algorithmic stablecoins, Standard rebases its stablecoin supply in each era. It will act as the catalyst for other parachains' financial activities, enabling leverage trading and arbitrage in AMM created from liquidation. It will also open a protocol for a synthetic asset market with a decentralized oracle ecosystem.
Related Project:
Unorthodox
Tokens: STND
W3F Grants:
Links:
Whitepaper 2.0
Status
Announced
Testing
Parathread
Auction
Polkadot
Developer Activity
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Primary Token:
Price:
$0.012
Total Supply:
100 000 000
Circulating Supply:
90 974 950
Market Cap:
$1 080 768
Trading Vol 24:
$111 667
STND Distribution