Change money, Change the world
The Standard protocol is backing stablecoins with physical and digital assets locked in decentralised smart vaults
STAGE 1
MINTING
Deposit collateral and get Standard Euro (sEURO) at a discount. sEURO is the first Stablecoin developed by the Standard Protocol.
Currently live in testnet, read documentation
STAGE 2
BONDING
Bond your sEURO and another asset for and earn ROI in the Standard governance token (TST). TST can be used to participate in DAO governance and Staking (Stage 3)
Currently live in testnet, read documentation
STAGE 3
STAKING
Stake the Standard Token (TST) for a fixed period to get a share of sEURO rewards earned by the protocol based on the amount of TST staked.
Currently live in testnet, read documentation
⚡️Launching the Standard Euro on Eth. Testnet
We are happy to announce the Standard Euro liquidity bonding is now live on Goerli Testnet. You have the opportunity to test the initial bonding system and give us feedback on Discord! The initial minting of Standard EURO (sEURO) is done by our users depositing collateral and getting sEURO at a discount!
⚠️ UI/UX is still being updated every day. Please focus on functionality if you give feedback
🚀 > Enter Application <
📘 > Read the Documentation <
📃 > Read the white paper <
A stablecoin for every fiat on earth
Crypto freelancers can finally invoice in their local currency, not only USD
Over-collateralised NOT algorithmic
A serious global economic tool should not sit on top of interest-bearing loans
Pay 0% interest
to borrow
To always keep the peg there is more value locked than stablecoins in the economy
Auto collateral swaps
reduce liquidations
Protect borrowers by swapping locked collateral into a less volatile asset like gold
Simply the world’s ultimate stablecoin protocol
Decentralised Hard Peg
Holding between a 100 basis point spread
Simply the world’s ultimate stablecoin protocol
The Standard brings the best ideas & innovations together from everything that has come before
The Standard’s name comes from The Gold Standard. The perfect Gold Standard was fully backed by gold held by the state. The state would always convert 1 dollar for 1 gram of gold.
How do The Standard’s stablecoins stay stable?
The Standard Protocol enables anyone to lock up assets in a smart contract that only they control. They can then borrow stablecoins at at 0% interest.
The Peg is held using multiple mechanisms including:
- Stability pools offering stablecoins at a maximum 1% spread.
- Backed by multiple hard and digital assets.
- Stability fees.
The Standard DAO founders are old school crypto enthusiasts and developers who have seen faults in every other protocol. The Standard was born out of necessity to build the ultimate stable cryptocurrency. Fully backed by hard and soft assets, 0% stability fee issuance, cross-chain and easy to use.
The Standard will become THE STANDARD when it comes to decentralised stablecoins on every major chain.
The first stablecoins will be minted via an initial bonding curve offering (IBCO).
What is an IBCO?
To build up the DAO's protocol controlled value (PCV) and bring deep liquidity to the stability pool, early participants will be able to buy sEURO at a discount. The discount will decrease with every sEURO purchased until we reach a 1:1 price. This discount curve will start at 80 cents for one sEURO.
The second stage of the IBCO will be a bond, offering people a strong return.
The PCV (liquidity) will be used to peg the stablecoins but also earns a yield for TST (The Standard Utility Token) stakers.
Joshua Scigala, one of the Co-Founders of The Standard and Vaultoro publicly stated in 2019 that Terra luna was going to fail. In fact, he stated that every algorithmic stable coin was going to fail because a real stablecoin needs real value backing it.
Luna was built with a Ponzi scheme mechanic at its foundation. UST was backed by a governance token (LUNA) that could be minted to infinity - this is exactly what happened.
Partner Ecosystem
Founders of The Standard Protocol
Joshua Scigala
Ana Valdes
Simon Morley
Philip Scigala
Advisors to
The Standard Protocol
Hartej Sawhney
Hartej Sawhney is the godfather of smart contract auditing, pioneering the industry in 2015. He Co-Founded Zokyo, a venture studio that builds, secures and funds crypto, DeFi and NFT companies, and also co-founded Hosho, which was ranked #1 Smart Contract security Auditor in 2019 by Forbes.
Dr. Jane Thomason
Dr Jane Thomason is a thought leader in technological innovation, fintech and blockchain for social impact. She was named by Forbes as a leader in Blockchain for Social Impact and is a published author. She holds a large number of academic and commercial positions including a seat on the board of a major bank and co-founded the British Blockchain and Frontier Technology Association.
Faraj Abutalibov
Faraj is the founder of a Large crypto executives’ community with 430 C-Level executives from the crypto world. Mr Abutalibov is also a co-founder of the Crypto VC (Sharara) and crypto media (Gulf Crypto Insight).
Patri Friedman
Patri comes from a long line of famous economists, he is the grandson of Milton Friedman and son of David D. Friedman. Patri is the founder of the Seasteading movement and advises many innovative governance focused organisations. Patri previously spent 10 years at Google as an engineer and 10 years as the GP of Zarco Investment Group. He has a BS in Math from Harvey Mudd College, an MS in CS from Stanford University, and an MBA from Cardean University.
What is sEURO?
sEURO is the first stablecoin to be released by The Standard Protocol followed by sUSD, sYEN, sGBP, sCHF, sCAD…
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