Topic: 🔥 [ANN] Benchmark Protocol: Supply Elastic Collateral and Hedging Device 🔥 (Read 179 times)
February 13, 2021, 06:51:24 AM
When was this project launched?
January 11, 2021, 12:01:10 PM
📢Benchmark Protocol Meme War is #Live
• Top 5 entries will win $MARK tokens
• Contest commences today and will end on 1/25
• More details: link.medium.com/Xkj56pEJXcb
On your MARK, Get Set, Meme! 🥳🎉
https://twitter.com/benchmark_defi/status/1348650615401017346
• Top 5 entries will win $MARK tokens
• Contest commences today and will end on 1/25
• More details: link.medium.com/Xkj56pEJXcb
On your MARK, Get Set, Meme! 🥳🎉
https://twitter.com/benchmark_defi/status/1348650615401017346
December 28, 2020, 01:58:24 AM
This is good indeed. The concept of SDR is kind of new and I don't understand the total supply part. As it is based on SDR, total supply will be varied so wouldn't $MARK value be volatile to a great extent?
The SDR is just a basket of 5 currencies. The supply adjusts when the market price of mark differs from the price of 1 SDR ($1.42 USD). So, if we are far from peg, the rebase adjustments will be more.
December 27, 2020, 02:54:49 AM
This is good indeed. The concept of SDR is kind of new and I don't understand the total supply part. As it is based on SDR, total supply will be varied so wouldn't $MARK value be volatile to a great extent?
December 23, 2020, 11:52:14 AM
Reserved for updates!
December 23, 2020, 11:28:58 AM
.About Benchmark Protocol.
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00000000000000000000000 | Benchmark Protocol is a Supply Elastic Collateral and Hedging Device, Driven by the Volatility Index. The protocol operates as a rules-based utility that dynamically adjusts supply based on the CBOE volatility index (VIX) and deviations from the target metric - equal to 1 Special Drawing Rights (SDR)unit. Employing the SDR creates a larger use case rather than exposure to just one currency; the application of this creates a larger user base and delineated exposure to markets around the world. 000000000000000000000000000000000000000000000000000000000000 The DeFi space needs a collateral utility that retains its efficacy and increases inherent, baseline liquidity during periods of high volatility. |
Benchmark Protocol is uncorrelated to crypto market price movements, making it an ideal hedge.
 0000000000000000000 Stability 0000000000000000000000000000000000 The MARK token is pegged to the world's most stable currency (the SDR). Supply rebalances are smart and fast, derived from the Volatility Index (VIX). |  Supply 0000000000000000000000000000000000 When S&P 500 Futures react to implied volatility, collateralized utilities undergo supply shock in parallel to the CBOE Volatility Index (VIX). Jump to:
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