The TheStandard.io is a decentralized finance (DeFi) infrastructure project that enables users to generate stable cryptocurrencies by utilizing asset-backed loans without intermediaries. This would allow users to spend their locked-up funds without selling their assets.
The protocol is governed by a community of “Standard Token” holders which form a Decentralized Autonomous Organization (DAO). The Standard DAO will manage the protocol by making key decisions utilizing smart voting mechanisms and prediction markets.
The Standard Token (TST) allows holders to participate in the governance system deciding on stability fee rates, new features, hard Asset Custodians due-diligence and onboarding requirements, which help to ensure efficiency, decentralization, and transparency of the protocol.
The Standard Protocol is a decentralized finance (DeFi) infrastructure project that enables users to generate stable cryptocurrencies by utilizing asset-backed loans without intermediaries. The protocol focuses on physical and crypto-assets as collateral and will be entirely managed by the community of Standard Token holders.
