STND
average price $ 0.0258680981

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Standard Protocol is the first Collateralized Rebasable Stablecoins(CRS) protocol for synthetic assets, and will operate in the Polkadot ecosystem. It introduces a new paradigm for liquidity aggregation. In contrast to the previous generation of algorithmic stablecoins, Standard introduces collateralization in the protocol in order to provide a more reliable peg on top of its algorithm. It will act as the catalyst for the financial activities of other para-chains to enable leveraged trading and arbitrage via a built-in AMM. It will also include a protocol for synthetic asset markets by way of a decentralized oracle.

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