What is TheStandard?
Last updated
Last updated
The Standard Protocol is an innovative decentralized finance (DeFi) platform that reimagines traditional financial services through blockchain technology. It offers a suite of financial tools designed to provide users with unprecedented control, efficiency, and transparency.
Smart Vaults: Non-custodial, on-chain wallets that allow users to deposit various crypto assets as collateral. These vaults are represented as dynamic NFTs, enabling unique features like transferability.
Zero-Interest Borrowing: Users can borrow against their collateral without paying interest, a feature made possible through yield-generating mechanisms on the deposited assets.
USDs Stablecoin: A fully collateralized, decentralized stablecoin pegged to the US dollar, maintained through an over-collateralization mechanism.
Yield Generation on Collateral: Deposited assets are put to work in decentralized exchanges and liquidity pools, generating returns for users.
TST (The Standard Token): The governance token of the protocol, allowing holders to participate in crucial decision-making processes.
Users deposit crypto assets into their Smart Vault.
Based on the collateral value, users can borrow USDs.
Deposited collateral is allocated to yield-generating strategies.
Users can manage their positions, trade collateral, or repay loans at any time.
TST holders can participate in governance decisions.
True Decentralization: Eliminates intermediaries in borrowing, yield generation, and trading.
Capital Efficiency: Maximizes utility of locked assets through simultaneous borrowing and yield generation.
User Empowerment: Every action requires user authorization, ensuring complete control over assets.
Innovative Stability: Combines over-collateralization and yield generation for a robust stablecoin foundation.
The Standard Protocol aims to become the leading decentralized borrowing and stablecoin issuance platform in the DeFi space, offering a more accessible, efficient, and user-centric financial system.