Standard
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Introduction
Standard is the first algorithmic non-reserve currency protocol where users can maximize financial opportunities in all market conditions. Community can always find investment opportunities and its ecosystem incentives with all powers delivered to one's account.

Why Standard?

Stablecoins are either over-collaterized, fiat backed, or algorithmic to secure its volatility. However, each of their examples were not able to decentralize their operations and often rely on centralized protocol reserves to the organization with central authority. On the other hand, Standard only provides unit of an account with smart contracts, providing full sovereignty with equal set of rules.
<Figure that differentiates current stablecoin and others>
This enables users to:
  • 🕹 Have full control over its monetary system: Users need to verify from their generated set of rules without relying on its leaders or operators
  • 💼 Leverage his or her finance into business: Users can build their protocol related to user's account
  • 🧯No custodial risk of collaterization: Users do not put collaterals in protocol reserve. They put them in their accounts.
  • 📈 Unlimited scalability: Having a reserve currency from a project to back up its value means their funds are stuck in the network. Standard starts with the organic funds truly from its users and maintains its ecosystem only with algorithms representing each network value.
Our goal is to provide a global unit-of-account with fair and transparent sets of algorithms. They evolve with policies from decentralized governance.

Who created Standard?

Standard was built by Digital Native Foundation, a group of digital natives who are interested in the next digital economy.

Who operates Standard?

No one is in charge without any reserve. Users can only change the given sets or rules of an account with DAO Governance.
Last modified 1mo ago