What is TST?
What is TST?
TST (The Standard Token) is the dynamic utility and governance token powering The Standard Protocol ecosystem. It's not just a token – it's your key to actively shaping the future of decentralized finance. By participating in the TST ecosystem, you're not just holding a token; you're becoming part of a revolutionary movement in DeFi.
Key Features of TST
1. Active Governance Participation
TST empowers you to have a real voice in the protocol's future:
Propose groundbreaking upgrades and parameter changes
Cast your vote on crucial decisions that steer the protocol's direction
Directly influence the evolution of The Standard Protocol
2. Work to Earn: Staking Rewards
By actively working to stake TST, you're rewarded for your contribution to the protocol's health:
Earn a share of fees generated from borrowing activities
Receive a portion of all collateral used in yield pools
Participate in future liquidation rewards
Benefit from various protocol-generated revenues
The more you participate, the more you can earn!
3. Expanding Protocol Utility
TST is your Swiss Army knife in The Standard ecosystem:
Enjoy potential fee discounts for active participation (planned feature)
Exercise your voting power to shape the protocol
Participate in smart vault liquidations (upcoming feature)
4. Value Accrual Through Protocol Growth
As you contribute to growing The Standard Protocol, you can benefit from:
Strategic buybacks and burns, potentially increasing TST scarcity
Enhanced staking rewards as the protocol expands
Tokenomics: The Foundation of TST's Value
Understanding the tokenomics of TST is crucial for appreciating its role and potential within The Standard Protocol ecosystem.
Total Supply
The total supply of TST is fixed at 1,000,000,000 (1 billion) tokens. This fixed supply ensures scarcity and provides a clear framework for token distribution and circulation.
Distribution
The distribution of TST has been carefully designed to ensure a fair and community-centric allocation:
Vesting Schedule
To align long-term interests and ensure sustainable growth, various vesting schedules have been implemented:
Pre-Seed Participants: 48-month vesting schedule, starting from September/October 2021.
Seed Participants: 12-month vesting schedule for different rounds, with some portions available instantly.
Advisory Board: 24-month vesting schedule for most advisors, starting from various dates in 2021 and 2022.
Team and Development Fund: Subject to vesting to ensure long-term commitment and alignment with the protocol's success.
These vesting schedules are designed to:
Prevent large sell-offs that could destabilize the token price.
Ensure that key stakeholders remain committed to the project's long-term success.
Align the release of tokens with the project's development milestones.
Join the TST Ecosystem
Exciting ways to acquire and engage with TST:
Stay tuned for upcoming centralized exchange listings
Dive into protocol governance and development – check out bounties on our Discord!
Participate in our liquidity mining programs through MERKL rewards
The Future is Bright: Upcoming Developments
We're continuously innovating to enhance TST's utility:
Revolutionary governance mechanisms in the pipeline
Expanding staking benefits to reward active participants
Forging strategic integrations with leading DeFi protocols
Pioneering cross-chain functionality for broader accessibility
TST: The Heartbeat of The Standard Ecosystem
TST is more than a token – it's the driving force behind The Standard Protocol. By actively participating in the TST ecosystem, you're not just benefiting from the protocol's success; you're actively contributing to building the future of decentralized finance.
Holding and working with TST gives you the power to shape the protocol's future and reap the rewards of your involvement. As The Standard Protocol grows, so does the potential of TST. Join us in revolutionizing DeFi – your participation matters!
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