Your Questions are Answered!

The Standard DAO is a decentralised autonomous organisation, responsible for governing and growing the platform.  It consists of the community of Standard Token holders who can manage the entire ecosystem by making key decisions utilising smart voting mechanisms and/or prediction markets.


The Standard is decentralised so there is no central authority that can be corrupted or taken down. We are a community of key holders (TST) that enable anyone holding TST to help govern, control and steer the protocol in any direction through a democratic egalitarian mechanism.

Yes, they are, provided their Standard Tokens are placed in the platform’s native wallet (or a compatible wallet). Token holders who store their Standard Token in external wallets will not be able to participate in the voting mechanism. We are also exploring another mechanism to enable people that hold TST in cold storage to simply sign a message once to prove ownership and then be able to participate.

Every token enables token holders to place one vote on one voting subject. Voting power is proportional to the number of tokens held.  Token holders can place votes on various subjects at the same time. For example, if a user holds 100 Standard Tokens, the user can place 100 votes on each and all open subjects.

Standard Euro (S-EURO) is the first collateral backed stable coin to be released by The Standard Protocol. It is pegged to the EURO and issued by an initial bonding curve offering and then further issuance comes from people locking up digital assets like bitcoin, ethereum, and matic as well as tokenised physical assets like gold and borrowing against those assets using decentralised smart contracts. When users borrow against these assets they mint sEURO (with more stablecoins to come). The Standard aims at a 0% stability/interest fee for borrowing/minting.

Users that participate in the initial bonding curve offering (IBCO) will be able to buy sEURO under the price of a euro. This mechanism enables the protocol to build deep liquidity and rewards early participants.

After the IBCO, Standard Euro is also minted into existence by leveraging a variety of fungible assets as collateral in a smart contract called a Smart Vault, unlocking its stored value. Standard Euro (sEURO) can also be sent and received peer-to-peer using compatible wallets. Additionally, Standard Euro can be acquired on secondary markets and cryptocurrency exchanges like UNISWAP.

The initial bonding curve event will enable anyone to add liquidity to liquidity pools and then swapping the LP tokens / LPNFT's for a 7 day maturity bond. This bond is a high yielding bond.

The liquidation of a Smart Vault is the process in which a generated amount of Standard Euro gets repurchased by automatically liquidating a Smart Vault's collateral. The different minimum collateral levels are determined through a voting mechanism of the Standard token holders. Borrowers are incentivised to over collateralise Smart Vaults to prevent liquidation.

There are several mechanisms planned to help people to never be liquidated. For instance, people can set a mechanism to auto-trade a volatile asset like Ethereum to gold if ethereum is falling in price too fast.

TheStandard.io reference client will also have alarms that warn people if their loans are getting too close to becoming liquidated.

If there is a liquidation event then TST holders staking sEURO on the platform will be able to purchase the liquidated assets under market price.

This process plays a critical role in the price stability of sEURO as it ensures that the protocol is always over collateralised. meaning that there is always more value locked up in smart vaults than there are stablecoins flying around. This is what set us apart from failed projects like LUNA that were not backed by anything. The Standard is backed by Bitcoin, Ethereum and Matic which we can not print out of thin air. The Standard protocol is also backed by tokenised physical assets like gold and silver.

A Smart Vault gets liquidated when its collateral value falls below the minimum required level of collateral value. The collateral assets may differ in the minimum necessary collateral levels. The more volatile an asset is, the higher the required collateral level will be.

The minimum collateralization levels of the different assets supported by the protocol get determined through a voting mechanism of Standard token holders. Once a Smart Vault is created, the minimum collateralization level of the Smart Vault cannot be altered.

The Standard is building many tools to help users not to get liquidated. These include Alarms when prices of collateral fall too close to a liquidation event. as well as auto trades so that people can automatically trade the underlying collateral with tokenised gold.

A Smart Vault is a smart contract in which users lock up tangible and digital assets as collateral to mint stable coins.

Public and native tokens that have been approved by the Standard token holders' community that make up The Standard DAO.

Public tokens are cryptocurrencies like bitcoin, ethereum that can be used as collateral in Smart Vaults, if they've been approved by the Standard token holders' community.

But they can also be tokens backed by assets or a centralised organisation. Public tokens can be withdrawn from the Standard Protocol smart vaults .

Examples of public tokens are Ethereum, Pax Gold, wrapped bitcoin, chainlink and so on. Both native and public tokens need to be approved by the Standard Token community. While the onboarding process for public tokens can be simpler, native tokens face stricter onboarding requirements, as well as more technical development.

Native tokens are backed by assets that require a centralised organisation like a vaulting facility.

All native tokens are created by the Protocol's native custodians.  The Protocol has built-in functions that enable native custodians to tokenise their assets. Each native custodian is subject to a first time and periodical audit by the Standard DAO. Audit protocols might change, depending on the vote of the DAO.

TERRA LUNA UST was a pure algorithmic stablecoin with nothing backing the value of UST but their own worthless LUNA coin. LUNA was infinite in its issuance amount. So the network was giving a 20% APY that it was printing out of thin air. you can read about the massive fail and

Custodians are parties that register with the Protocol’s online platform to become an official “Standard Custodian”. Custodians of assets are approved by Standard Token holders via a voting mechanism. The entity registering to be a custodian must go through a vetting process similar to KYC/AML checks before being approved by Standard Token holders. Bullion providers looking to join the network must apply to the Standard DAO. If they pass a set of conditions decided by the Standard DAO community, a set of access keys is issued.

Independent Custodians are asset-backed asset providers who have issued their own asset-backed tokens.

It is the responsibility of The Standard DAO to set the security standards and audit the physical vaulting facilities of independent custodians. Once the DAO’s security criteria have been met, the protocol will onboard independent custodian tokens that can be used as collateral in Smart Vaults.

Native custodians are usually precious metals dealers or asset vaulting providers who are experts in securing and dealing with hard assets. Such custodians have legal contracts with the Standard DAO to ensure compliance with its custodian security framework. Users can access their vaulted assets balances via the Standard Protocol platform.

A Native Custodian uses the Standard Protocol to tokenise the assets within the platform. These tokens cannot be withdrawn from the platform. Instead, they provide a secure accounting mechanism between the Smart Vaults and the hard asset custodians as well as hold the ability for the hard asset vaulting fees to automatically be paid monthly.

Example: Alice is a customer of a custodian - XYZ Bullion Limited (XYZ). Her XYZ account has five kilos of gold in the vault. Alice decides to generate Standard Euro by placing her gold in a Smart Vault (a mechanism similar to a Collateralised Debt Position). The process of converting her allocated gold to tokenised gold is as easy as clicking convert on the XYZ Bullion website and then sending it to her smart vault all this only requires Alice to connect her wallet to the custodian. The custodian then calls the Standard.io Protocol’s API and credits Alice’s Smart Vault with tokenised gold as collateral. Alice has access to S-Euro within seconds.

The Standard dashboard is an easy-to-use interface that enables you to control your Smart Vaults and participate in the governance of the Standard Protocol by: managing collaterals, opening, closing and managing Smart Vaults and much more.

One of the essential components of centralised collateral assets is transparency. The Glass Books Transparency Protocol will interface between the physical and blockchain space and prove the underlying asset is truly purchased and sitting in the vaulting facility. (Find out more)

A total of 1 billion Standard Token has been minted through the Ethereum blockchain. You can buy them on the secondary markets or partake in the liquidity bonding event that will soon take place. Please join the discord to make sure you don't miss out.