Thread by @stakenode_dev

Some of You may be already familiar with @standarddefi but If You are somehow not, check what is coming from this #MultiChain #protocol for #synthetic assets. Standard Protocol is coming with lots of goodies for #Dotsama #Defi degens. Check this thread to know what to expect…

1. Standard Protocol Decentralised exchange with own AMM module launching on @ShidenNetwork with swap functions, LP provision and unique #Standard #dividends pool. Users will have a great Opportunity to generate revenue from DAY1 of #mainnet launch on #Shiden

Users will have unique #opportunities to generate #revenue on Standard DEX, with #STND and #SDN @ShidenNetwork tokens. #Defi #degens from #Dotsama ecosystem can try all those on testnet in from of mainnet Launch

You can join testnet Here:
apps.standard.tech

💎 What are in store for Standard Protocol users?

💎Arbitrary trading during bearish market
💎LP Farming with #STND, #SDN, #USDC, #WBTC and others — for the community to yield more #STND tokens.
💎Dividends — a new unique #Standard approach to allow users to earn #passiveincome

🛠 Dividend Pool Mechanics

The Dividends Pool collects a split of the 0.05% fee in LP tokens

Members who bonded #STND for 30+ days will be able to withdraw those LP tokens as #dividends #rewards

Standard is in fact distributing its #revenue to Degens who share the same vision

Standard is sharing earnings as LP tokens, what should shield #STND from most market-manipulative tactics that might be influenced by our #DEX

This will be the first experiment Standard will run on its #MVP to maximize earnings to the Community

Try it 👉🏻standardprotocol.notion.site/Standard-Proto…

2. The New Standard for Digital Assets

Standard Protocol delivers the first Collateralized Rebasable Stablecoin (CRS) into the ecosystem. And it’s going Multichain! This will be first native #StableCoin in @ShidenNetwork ecosystem🔥

stakenode.medium.com/standard-proto…

Acting as bank with decentralized governance Standard issues a collateralized stablecoin #MeterUSD ($USM) valued at 1$ with elastic supply with a rebasable mechanism. Rebasable stablecoin with a total supply determined by the oracle pricing and adjusted to maintain a 1$ value.

💎#Meter will be scalable💎

Meter is collateralized with the network currency tapped into inflation of the block reward. Every holder can collateralize their network currency to the vault and the vault as a smart contract earns block rewards by staking to the network validators

As a blockchain network scales, Collaterals increase in the amount for holders to issue more stablecoins or keep the collaterals staked. For Euros or pesos, the system just requires oracles to add information to collateralize

💎#Meter will b yield-bearing💎

Meter benefit holders not only with leverage opportunities but provides yields from the network’s block reward

Users collateralize assets to mint #MeterUSD to the vault, which stakes these collateralized assets to validators gaining rewards

Simply by spending #MeterUSD or other stablecoins coming to the ecosystem, like MeterKRW ($KRM), MeterEUR ($EUM) you will be adding liquidity to the token, growing the global Meter economy, and raising the profile of Meter and its many advantages over conventional alternatives.

3. #Kusama Parachain💎

As the main goal for Standard is to be a chain-agnostic multi-ecosystem stablecoin protocol, Standard will launch as @kusamanetwork parachain.

Standard will join the third round of parachain auctions, with #Unorthodox parathread already deployed.

Standard is already bridged to #Polygon. Enabling ERC20 token on Polygon, a Full-stack scaling solution that is notable with its transaction speed, capacity, and scalability on top of #Ethereum, unlocks more potential for the team in expanding our vision

blog.standard.tech/tagged/partner…

Are You hyped yet on Standard Protocol @standarddefi ? 😍

😍Get ready for the New Digital Asset Standard.

😍Get Ready for #MeterUSD ($USM)

🚀Get Ready for Standard Protocol on @ShidenNetwork🚀