The Standard
The Standard Token (TST) is a utility token central to The Standard Protocol, a cutting-edge DeFi lending platform. TST offers features such as earning a share of minting and burning fees, providing ongoing rewards for users involved in loans globally. TST holders also enjoy a 10% discount on exclusive access to liquidated assets, enhancing the token's value proposition.
The utility of TST extends to various platform functions, including collateral alarms, trading locked collateral, and enabling the sale of smart vaults as NFTs. The use of TST in these functionalities results in token burning, contributing to its scarcity and long-term sustainability.
Functioning as a governance token, TST empowers holders to actively participate in shaping the platform's future. This community-driven approach ensures alignment with user interests and ongoing innovation in the dynamic DeFi landscape.
TST holders are motivated by staking rewards, distributed from protocol income sources such as minting fees, burning fees, and fees from the Protocol-Controlled Value (PCV) in liquidity pools. Exclusive access to the liquidation pool further incentivizes staking. To qualify for rewards, TST stakers engage in activities like voting on governance issues and promoting The Standard, actively contributing to the ecosystem's stability and growth.
As the Standard ecosystem expands, incorporating new financial instruments like Multiply Vaults, additional income streams are expected, providing more incentives for TST holders to stake and reducing the token's available supply in secondary markets. This unique staking approach offers users a compelling and potentially lucrative engagement with the future of decentralized finance while actively participating in its development.
The Standard Token (TST) is a utility token central to The Standard Protocol, a cutting-edge DeFi lending platform. TST offers features such as earning a share of minting and burning fees, providing ongoing rewards for users involved in loans globally. TST holders also enjoy a 10% discount on exclusive access to liquidated assets, enhancing the token's value proposition.
The utility of TST extends to various platform functions, including collateral alarms, trading locked collateral, and enabling the sale of smart vaults as NFTs. The use of TST in these functionalities results in token burning, contributing to its scarcity and long-term sustainability.
Functioning as a governance token, TST empowers holders to actively participate in shaping the platform's future. This community-driven approach ensures alignment with user interests and ongoing innovation in the dynamic DeFi landscape.
TST holders are motivated by staking rewards, distributed from protocol income sources such as minting fees, burning fees, and fees from the Protocol-Controlled Value (PCV) in liquidity pools. Exclusive access to the liquidation pool further incentivizes staking. To qualify for rewards, TST stakers engage in activities like voting on governance issues and promoting The Standard, actively contributing to the ecosystem's stability and growth.
As the Standard ecosystem expands, incorporating new financial instruments like Multiply Vaults, additional income streams are expected, providing more incentives for TST holders to stake and reducing the token's available supply in secondary markets. This unique staking approach offers users a compelling and potentially lucrative engagement with the future of decentralized finance while actively participating in its development.
The governance concept of The Standard Protocol emphasizes security, decentralization, and efficiency. All Standard Token (TST) holders have the authority to participate in the governance system. Off-chain voting on snapshot.org is used, where voting power is directly proportional to the number of tokens held, aligning with game theory principles to discourage detrimental actions by large token holders. This structure aims to achieve a critical mass of token holders for decentralization and stakeholder protection.
TST holders actively participate in the governance process, shaping the protocol's future to meet the evolving needs of decentralized finance. Each TST allows its holder to cast votes on multiple subjects simultaneously, empowering them to influence various aspects of the protocol.
Governance subjects include adding and modifying features, expanding collateral types, managing the Standard DAO treasury, initiating emergency shutdowns, and proposing Standard Improvement Proposals (SIPs). The DAO oversees the treasury, using a multi-signature wallet to prevent a single point of failure, and can vote on emergency shutdowns to address severe market failure or vulnerabilities. TST holders can develop SIPs, and the DAO discusses and votes on them.
The user-friendly interface of The Standard Protocol aims to provide a seamless experience for creating and managing Smart Vaults, enhancing the overall appeal and usability of the ecosystem. TST holders actively contribute to shaping the protocol's future, making it an attractive, resilient, and innovative DeFi ecosystem.
Borrow with 0% interest
"Secure your crypto assets, such as ETH, WBTC, ARB, LINK, & PAXG tokenized gold, in smart contracts that you control and no one else, then effortlessly borrow stablecoins with 0% interest loans and no time limit to pay back.
No need to ever trust third parties like BlockFi, Silicon Valley Bank, or Celsius with your private keys.
Prevent losses by swapping locked collateral into tokenized gold in a bear market or your favorite coin in crypto bull markets.
Transparency
Not your keys, not your crypto.
Don't trust banks like Silicon Valley Bank, BlockFi, or Celsius to hold your collateral assets; Simply lock your collateral into a smart contract that only you control. No one can touch your collateral but you!
Send crypto to a smart contract that you control
Everyone can see there is more collateral than stablecoins
All collateral is accounted for in real-time.
Every major fiat
Not just USD pegged?
Every fiat needs a blockchain equivalent, not just the US.
If you are a freelancer in India then you want to invoice in an INR-pegged stablecoin. The Standard aims to release a stablecoin for every major fiat.
This enables blockchain based FX markets.
Global trade and remittances
Trillion dollar opportunity
Borrow @ 0% interest
No interest when borrowing stablecoins.
TheStandard's 0% interest borrowing is a DeFi game-changer, offering accessible financial solutions without added costs. As inflation now reduces the real debt burden, borrowers using TheStandard benefit from global inflation rather than suffer from it.
0% interest loans
no time limit to pay back the debt
Trade locked collateral
Don't miss out on moonshots
The Standard gives you the option to trade locked collateral, which you have borrowed against, for an equal value of another crypto asset. This flexibility allows you to adjust your investments without paying back your debt and withdrawing the original collateral.
Trade into an asset that you think will moon
Trade into tokenised gold if crypto is bearish
Bot trading / auto trading
Reduce chance of liquidation
Sell debt as an NFT
NFTs arn't just for art.
We are building the next generation of dynamic DeFi NFTs. Every smart vault is represented as an NFT; whoever owns that NFT can pay the debt off and withdraw the collateral. This enables people who have a large debt positions to sell that debt for fast liquidity.
Can't afford to pay off your debt but need liquidity?
Secondary DeFi debt markets
New use case for NFT's
Benefits
As a TST holder, you'll be part of TheStandard Protocol ecosystem, unlocking exclusive features and participating in governance decisions.
All fees collected from everyone borrowing or paying back debts are pooled and distributed to TST holders who stake and vote on protocol matters.
Income potential is boosted by TST scarcity through burning when users pay for unlocking features.
Staking
Earn fees paid into the protocol
Discounted transaction fees
Unlock features
Buy liquidated assets under market value
Advanced analytics and insights
Vote on the direction of the protocol
Use TST for
Collateral liquidation warning alarms
Auto collateral trading bot
Auto rebalancing of portfolio
Automated yield farming strategies
Access exclusive community events
Protocol Roadmap
Phase 1
Planning and research
Planning and research
Write whitepaper
Onboard Advisors
Gather Developers
Raise seed round
Informative Landing Page
Design Front End
Legalities and Compliance
Smart Contract R&D
Phase 2
Launching MVP
Build Community
Launch EUROs IBCO
Over-Collateralise EUROs
Create Partnerships
Launch 1st Smart Vault
Launch Smart Vault NFTs
Launch on DEX
Launch on CEX
DAO voting
Phase 3
Expansion
Collateral trading
Liquidation Pools
10 Collateral types
Launch USDs IBCO
Launch zkEVM
Major CEX listing
Stop Loss, Alarms
USDs Smart Vaults
3 more Pegtokens
Payment process partners
Phase 4
World Domination
Release 50 Pegtokens
100+ collateral types
Smart DCA repay
15 tokenized gold partners
Share pegged Assets
Commodity pegtokens
Most major exchanges
Cross every major chain
Quantum entanglement
Protocol Advisors
Dr. Jane Thomason
Advisor-DAO Governance
Dr Jane Thomason is a thought leader in technological innovation, fintech and blockchain for social impact. She was named by Forbes as a leader in Blockchain for Social Impact and is a published author. She holds a large number of academic and commercial positions including a seat on the board of a major bank and co-founded the British Blockchain and Frontier Technology Association.
Faraj Abutalibov
Crypto VC Dubai /Mid East
Faraj is the founder of a Large crypto executives’ community with 430 C-Level executives from the crypto world. Mr Abutalibov is also a co-founder of the Crypto VC (Sharara) and crypto media (Gulf Crypto Insight).
Patri Friedman
Economic Philosophy / Decentral Planning
Patri comes from a long line of famous economists, he is the grandson of Milton Friedman and son of David D. Friedman. Patri is the founder of the Seasteading movement and advises many innovative governance focused organisations. Patri previously spent 10 years at Google as an engineer and 10 years as the GP of Zarco Investment Group. He has a BS in Math from Harvey Mudd College, an MS in CS from Stanford University, and an MBA from Cardean University.
Hartej Sawhney
Smart Contract Security
Hartej Sawhney is the godfather of smart contract auditing, pioneering the industry in 2015. He Co-Founded Zokyo, a venture studio that builds, secures and funds crypto, DeFi and NFT companies, and also co-founded Hosho, which was ranked #1 Smart Contract security Auditor in 2019 by Forbes.
INFORMATION
https://twitter.com/thestandard_io
https://www.youtube.com/thestandard_io
https://www.linkedin.com/company/the-standard-io/
https://medium.com/@thestandard.io
https://discord.gg/thestandard-io-836907456743079956
https://t.me/+BEuk_lIBsPNlZDU1
AUTHOR
Bitcointalk Username: Dan Burn
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3200857
Wallet Address: 0x13b25fedda2d733e7c9048626dce368f26b5a32e