The Standard Token

Lending/Borrowing

Copy link
Share on X

app.thestandard.io

Claim company
Report company

Description

The Standard Protocol is an EVM-compatible platform that provides 0% interest loans and stablecoin minting, with assets initially locked on Ethereum L1 and plans for Polygon's ZK-EVM. Unique features include selling debt as NFTs and trading in smart vaults, all secured by audited contracts. The native token TST offers governance and rewards. Current and upcoming stablecoins include sEURO, sUSD, and sINR. Founded by the creators of Vaultoro, the team specializes in innovative blockchain solutions.

Socials

Similar companies

STABLE

STABLE is a DeFi protocol on Ethereum offering stablecoin lending, borrowing, and yield farming with an emphasis on security and stability. It aims to ensure safe, transparent, and efficient digital asset management with competitive rates.

Standard

Standard is a DeFi protocol for optimized yield farming across chains via a user-friendly interface, employing algorithms for maximizing yield, auto-compounding, audited security, and multi-chain liquidity.

Stably

Stably connects traditional finance and blockchain, offering stablecoin creation, asset tokenization, and trading on Ethereum for ease and security.

Sturdy

Sturdy is a DeFi platform offering zero-interest loans and high-yield opportunities on stablecoins through a sustainable, over-collateralized lending model, leveraging blockchain for transparency and efficiency.

STP Network

STP Network is a decentralized platform facilitating tokenized asset issuance, trading, and discovery across blockchains, emphasizing cross-chain interoperability, regulatory compliance, and broadening tokenized asset utility.

STASIS

STASIS offers a DeFi bridge with EURS stablecoin, pegged 1:1 to the Euro, featuring a mobile wallet, transparency tools, and regulatory compliance for secure asset management.

Standard Crypto

Standard Crypto is a venture capital firm backing innovative web3, crypto, and blockchain projects, aiming to reshape the internet and finance globally with strategic capital and advice.

StablR

StablR bridges traditional finance with DeFi, enhancing transaction security with smart contracts on Ethereum, focusing on stablecoin solutions for reduced volatility and promoting blockchain adoption in everyday financial operations.

Stablecoin Standard

Stablecoin Standard offers a directory and analysis of stablecoins, covering market cap, underlying assets, and issuers, with comparison tools for informed decisions in the crypto market.

MyStandard

MyStandard offers a staking platform for both individuals and institutions, featuring Staking-as-a-Service and secure, diamond-standard smart contracts to simplify and enhance the crypto staking experience.

Stabilize Protocol

Stabilize Protocol is a DeFi platform on Ethereum, offering tools for digital asset stability. It uses arbitrage and AMM strategies for price stability, provides yield farming, and has a governance token, STBZ.

bStable

bStable, a DeFi protocol on Polygon, offers low-slippage stablecoin swaps, liquidity farming, and BST token staking, enhancing stablecoin market liquidity.

FAQ

What is The Standard Protocol?

The Standard Protocol is an Ethereum-based stablecoin and lending platform designed to enable users to lock up assets and mint stablecoins at 0% interest. Operating primarily on Ethereum L1, it aims to be among the first to adopt Polygon's ZK-EVM. Leveraging a unique approach, it allows borrowing without interest, features like debt NFT trading, and ensures user asset security through smart vaults.

How can I use The Standard Protocol?

You can use The Standard Protocol by locking your assets into their smart vaults, allowing you to borrow stablecoins like the sEURO at 0% interest. Unique features include trading locked assets within vaults and selling debt as NFTs if liquidity is needed. Additionally, governance and access to undervalued assets are facilitated through TST, the protocol's membership token.

What are the benefits of using The Standard Protocol?

Users of The Standard Protocol enjoy benefits such as minting stablecoins like sEURO at 0% interest, having no strict payoff schedule, and maintaining ownership of their cryptocurrency keys. Furthermore, the protocol supports trading within smart vaults and offers flexibility in liquidity through debt NFT conversion. Its operation on Ethereum L1 with upcoming adoption of Polygon's ZK-EVM enhances scalability and efficiency.

How does The Standard Protocol compare to other stablecoin lending platforms?

The Standard Protocol stands out due to its 0% interest rate for borrowing against locked assets, and the ability to sell debt as NFTs, offering unique liquidity options. Unlike some alternatives, it promises strong user control with no intermediary access to locked assets, unless below collateral. Its strategic deployment on Ethereum L1 and future plans for Polygon's ZK-EVM also provide substantial scalability advantages.

Why is The Standard Protocol important for the DeFi industry?

The Standard Protocol is significant in the DeFi industry because it expands the stablecoin ecosystem with multiple fiat-pegged currencies like sEURO, planned sUSD, and sINR. Its zero-interest lending model reduces costs for borrowers, while NFT debt sales introduce innovative liquidity options. By operating on Ethereum and soon on Polygon's ZK-EVM, it contributes to scalable and efficient decentralized financial solutions.

What are common issues with The Standard Protocol, and how can they be resolved?

Common issues with The Standard Protocol might include understanding the smart vault mechanics and collateral management. To resolve these, users should thoroughly review protocol documentation and FAQs at TheStandard.io. Ensuring your wallet correctly manages required keys will maintain asset security. If transitioning to the upcoming Polygon's ZK-EVM, monitor platform updates and guides for smooth navigation and performance adjustments.

FAQ

Company is unclaimed. Do you work for or own this company?

Description

Socials

Tags