The
Stablecoin Protocol.
Over-collateralised stablecoins backed by Gold, Bitcoin and Ethereum
Instantly earn yield by participating in the initial minting event.
Learn More
The
Stablecoin Protocol.
Mint Stablecoins with 0% interest without giving up control of your private keys. Join the Next-Gen Decentralized Stablecoin protocol.
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Instantly earn yield by participating in the initial minting event (IBCO). Learn More
building a secure protocol and provide liquidity for the protocols first stablecoin, the sEURO.
Backed, generated, and governed by users, not banks.
Decentralized Finance (DeFi): Gain an instant yield
Payment and Remittances: A 3 trillion dollar opportunity
Hedging and Trading : Trade sEURO on UNISWAP
Rollout
The Standard releases it's stablecoin in two phases. The first one will be sEURO pegged to the EURO.
The initial minting event is an opportunity to reward early participants who help build deep liquidity in the stability pool. This is achieved by offering early adopters the first stablecoins at a discounted price compared to their final peg. As more people participate and the pool fills up, the discount becomes less until it reaches a 1:1 peg. Once the peg is achieved, the coin becomes a stablecoin. In other words, the initial minting event is a way to incentivize early participation in the protocol, and to help establish the stablecoin's value by building liquidity in the stability pool.
Smart Vaults are like virtual lockers where you can store your crypto assets, such as ETH, WBTC, and more, and use them to mint new stablecoins. This means you can generate new stablecoins as a 0% interest loan without having to trust third parties like BlockFi, Silicon Valley Bank, or Celsius with your collateral private keys. With Smart Vaults, you can have peace of mind knowing that you have complete control over your assets while still being able to take out debt in stablecoins.
Decentralized governance
What makes TheStandard different?
Not your keys, not your crypto.
Why just USD?
If you are a freelancer in India then you want to invoice in an INR-pegged stablecoin. The Standard aims to release a stablecoin for every major fiat.
No interest when borrowing stablecoins.
Don't miss out on moonshots
NFTs arn't just for art.
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
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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Founders of The Standard Protocol
