Upcoming Features
Decentralized Front Ends (Coming Soon)
Smart Debt Management: A forthcoming feature (planned for V4.1) will allow smart vaults to monitor the price of USDs. If the price drops below a certain threshold, the smart vault can automatically use collateral to buy USDs at a discount to reduce or clear the debt. This mechanism benefits the user by reducing their debt at a lower cost and supports the stablecoin's stability by adding buying pressure.
Empowering Community Development: In the near future, TheStandard.io will release a free SDK along with React components, enabling anyone to develop and deploy their own front-end interfaces for the platform. This initiative aims to foster innovation and customization within the DeFi borrowing ecosystem.
Monetization Opportunities: Builders creating their own white-label interfaces will have the opportunity to add a fee mechanism. This fee will serve as a revenue stream, rewarding them each time users mint debt through their customized interface. This feature not only democratizes the development of DeFi borrowing solutions but also incentivizes community contributions to TheStandard.io's ecosystem.
By introducing decentralized front ends and providing the tools necessary for community-led development, TheStandard.io is paving the way for a more inclusive, customizable, and user-centric DeFi borrowing platform. This approach ensures that TheStandard.io remains at the forefront of innovation, catering to a diverse range of user needs and preferences.
These features underscore TheStandard.io's commitment to innovation in the DeFi yield and borrowing space, offering users unprecedented control, flexibility, and opportunities to optimize their financial strategies.
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