Standard Protocol semi-monthly report (0524-0606): The development of the test network is completed
星球君
2021-06-15 06:50
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The latest developments in Standard Protocol.

At present, the first task of the team is to test the testnet. At present, the development of the testnet has been completed. It is expected to complete the overall test in June and launch the beta in July.

List of major events

List of major events

  • Complete the testnet development and enter the testing stage;

  • VL reaches $1 million;

  • If you don’t know how to participate in staking, you can refer to the video guide: https://youtu.be/xBP8pZQac9U;

  • Cooperate with Coin98 wallet, you can directly participate in and manage STND pledge on the wallet;

  • technology development

technology development

  • team development

team development

Two new members join:

  • Crystal: personnel and project manager, before joining Standard, Crystal has been working in F-round unicorn companies, responsible for designing growth strategies across regional markets;

  • Edward: Chief Engineer of Devops, Edward has many years of working experience in the native cloud and Devops fields, focusing on automation and shortening the time to market of solutions;

Marketing, Events and Community

Marketing, Events and Community

  • secondary title

Market Overview (as of June 9)

  • Total circulation: 5,150,000 STND (accounting for 5.15% of total circulation)

  • Market cap: $5.3 million

  • For more information on Standard, please visit:

About Standard Protocol

The Standard protocol is the first synthetic asset-based hybrid mortgage elastic supply stablecoin based on the Polkadot ecosystem. It is also the first and only project in South Korea to receive a Grant from the Polkadot Web3 Foundation.

We implemented a hybrid mechanism for minting stablecoins and included a new paradigm for liquidity. Compared with other algorithmic stablecoins, we indirectly adjust the relationship between supply and demand through mortgage rate adjustment, which is more secure in terms of capital adequacy.

And Standard realizes leveraged trading and arbitrage through the built-in AMM, becoming a catalyst for financial activities of other parallel chains. Standard can also generate protocols that can be used in synthetic asset markets through decentralized oracles.

For more information on Standard, please visit:

Telegram (Community):https://t.me/standard_protocol

white paper:https://t.me/standardprotocol

Twitter:https://twitter.com/standarddefi

Discord:https://discord.gg/wYudHv83hc

Clubhouse:https://www.joinclubhouse.com/club/standard-defi

Official website:https://standard.tech/

white paper:https://docsend.com/view/sp6antfgeqiziaqb


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