Change money, Change the world

The Standard protocol is backing stablecoins with physical and digital assets locked in decentralised smart vaults

Live on Testnet
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

Mint
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

Bond
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

Stake

⚡️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

Latest Blog Posts from Medium
Why is it called The Standard?
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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:

  1. Stability pools offering stablecoins at a maximum 1% spread.
  2. Backed by multiple hard and digital assets.
  3. Stability fees.
Why another Stablecoin protocol?
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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.

How are The Standard Stablecoins minted?
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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.

How does The Standard differ from failed stablecoins like Terra Luna's UST?
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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.

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Partner Ecosystem

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Founders of The Standard Protocol

Joshua Scigala

Protocol lead
Co-Founder of Vaultoro.com one of the first bitcoin exchanges
In the bitcoin industry since 2010
Joshua Scigala, Co-Founder of Vaultoro.com, the first bitcoin exchange to trade bitcoin and gold launched in 2015. Joshua is also a Co-Founder of The Standard Protocol.

Ana Valdes

Ecosystem Operations
+6 years success track record COO in the blockchain space
Postgraduate of the London School of Economics and holds a Master’s degree in Foreign Business Affairs.
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Simon Morley

Head Of Engineering
CTO of Vaultoro.com
Serial entrepreneur
Software engineering wizard
Simon Morley - Head of engineering

Philip Scigala

Product Advisor
CEO and Co-Founder of Vaultoro.com
Single-handedly coded one of the first bitcoin exchanges in the world
First person to implement the Bitcoin lightning network into an exchange
Founder & Co-Founder of various successful technology driven companies including Bar9 and Vaultoro. Philip has been in the blockchain and precious metals space for more than seven years. As committed CEO and CTO, Philip developed the Vaultoro exchange and other products and services for the precious metal industry.
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Advisors to
The Standard Protocol

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.

Hartej Sawhney

Smart Contract Security

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 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.

Dr. Jane Thomason

Advisor-DAO Governance

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 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).

Faraj Abutalibov

Crypto VC Dubai /Mid East

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 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 (2004-2008, 2013-2019) 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.

Patri Friedman

Economic Philosophy / Decentral Planning

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.

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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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