Bitcoin Forum

What is The Standard Protocol?

The standard aims to be the ultimate decentralized and over-collateralized stablecoin and lending protocol. A next-gen protocol built for the EVM and set to become the standard in stablecoin issuance and lending globally. First, stables will be launched on Ethereum. The protocol will then move over to the polygon network, but we also consider starknet. (Let us know what you guys think below)


Major key unique features.

• Not just USD: A stablecoin for every major fiat on earth launching with sEURO (Standard EURO)
• Zero % fixed interest on minting/borrowing stablecoins
• No time limit to paying off debt.
• Trade-locked collateral.
• Sell your smart vault (CDP) as an NFT if you need liquidity but can't afford to pay off your debt.
• You control the keys. No one can speculate with your collateral
  (NO central third-party like BlockFi or Celsius)
• Auto collateral swap (stop loss) option to trade locked collateral to tokenized gold to reduce liquidations
• Fully transparent
• Stability pool to enable hard peg
• Massive yield farming opportunity for the launch of new stablecoins on 28th NOV (details below)

Research is going into:

• Cross-chain minting rather than using bridges.
• Uniswap LP NFTs as collateral to continue earning yield with locked assets.

The Standard Token (TST)
are membership tokens that enable users to earn a yield by participating / staking. The yield comes from the following income streams.
Users locking up collateral need to pay a minting and closing fee
A yearly Vault Fee
The protocol-controlled value that is collected when new stablecoins like sUSD, sINR, sGBP, and sAUD launch (Launches happen using an IBCO, the first one on the 28th on https://TheStandard.io)


TST features

• Yield rewards (details above)
• Vote on protocol upgrades and changes
• Buy liquidated assets under market value
• Discounts on minting and closing fees (get burned)
• Enable stop loss within smart vaults
• Enable trading locked collateral
• Enable selling debt as an NFT
• Elimination of the fixed yearly Smart Vault Fee
• More features to be announced

How & When Will The Launch Of The First Stablecoin Happen?
The launch will happen using an initial bonding curve offering.
This happens in three stages that will be available at the same time.

STAGE 1: INITIAL DISCOUNT CURVE OFFERING FOR sEURO
Users can buy sEURO at a massive discount starting at 80 cents. As more liquidity comes into the pool, the discount will become less until we reach a 1:1 peg.
This starts on the 28th of November, 2022

The sEURO is only considered a stablecoin once the Stage 1 discount reaches 1:1. At that point, one sEURO will command one EURO of any other asset.


Stage 2: INITIAL BONDING CURVE (LIQUIDITY BOND)
While users wait for the sEURO to reach parity with the EURO, they can already realize the full EURO value by buying a liquidity bond with the sEURO they just purchased.
Users commit the sEURO they received in stage 1 with an equal amount of USDC; they choose a maturity date.
7 days, 30 days 90days, 180days and 365 days.
The longer the maturity date, the higher the yield of the bond.
 Details will be released shortly, so be sure to subscribe to this thread.

This bond is paid out in TST and enables the user to receive the membership tokens early at a great price.

This process rewarded users for helping the protocol over-collateralizing and providing deep liquidity to the stability pools.

Stage 3: STAKING TST
The DAO will vote on deploying the protocol-controlled value collected in stages 1 and 2 for the safest and highest yield. The yields of this pooled fund will initially be rewarded to TST stakers and later also help the protocols treasury for R&D, marketing, and expansion.



RELEASING SMART VAULTS
After the initial release of the sEURO using the initial bonding curve offering detailed above, the DAO will release SMART VAULTS.

Smart Vaults will enable anyone to initially lock up ETH and WBTC with more collateral types to come.
Users can then mint up to 85% of that value in new sEURO with sUSD / sINR / sRUB / sGBP / sAUD to be rolled out soon after.

The sEURO will be minted as a debt that users issue themselves.
The loans will be at a fixed 0% interest with no time limit to pay it off.
For users to unlock their collateral, they need to pay back their loan plus fees.

The smart vaults will have many NEXT-GEN features (see above)

TEAM:
The team is from all over the world and fully doxed. Co-founded by the team behind Vaultoro.com, an old-school exchange built in 2014 and launched at the start of 2015.
Vaultoro was the

• First, to open a bitcoin / allocated gold exchange
• First, radically transparent exchange inventing the glass books transparency protocol
• First exchange to implement and launch the lighting network
• Played a role in dislodging the bitcoin scaling debate.

Co-Founders
Joshua Scigala, has been in bitcoin since 2010 (Jaminunit on bitcoin talk)
Joshua was one of the first advocates of timechain / blockchain technologies and has become a leader in the Bitcoin and cryptocurrency space. Co-founder of Vaultoro.com and inventor of the glass books exchange transparency protocol.

Philip Scigala, an old-school bitcoiner, wrote the first version of Vaultoro and was the first person to implement the lighting network on an exchange. CEO of Vaultoro exchange since 2015 and never had a hack.

Ana Valdes, A Chief Operating Officer with a successful track record in the blockchain space for six years.  Before this, she was the Head of E-commerce in a popular luxury fashion brand startup in Berlin, Front Row Society. Ana is a postgraduate of the London School of Economics and is holding a Master's degree in Foreign Business Affairs.

Simon Morley, An engineer by definition, started his technology career in Nokia's R&D department before moving into finance, where he cut his teeth at a prestigious asset management firm.
Since 2005, Simon has founded multiple successful startups covering everything from WiFi, analytics, big data & machine learning, retail & hospitality, and most recently, blockchain development at Vaultoro.

DAO:

• Discord has over 9K members
• Telegram 7.6K members
• DeWork is available 52 members. Come and join us!
• Snapshot is used for voting.

Tokenomics
https://thestandarddao.notion.site/TST-Distribution-e3794992a4c4487db6f4d01a067f480e
 (https://thestandarddao.notion.site/TST-Distribution-e3794992a4c4487db6f4d01a067f480e)

Roadmap

NOV28 > Open the first IBCO to launch the sEURO

FEB 15 > Release the first version of smart vaults

APR 15 > Release sUSD and sINR through another IBCO

May > Cross Chain minting.

July > Roll out four more stablecoins (to be decided by the DAO)

Major Links
THESTANDARD.IO (https://thestandard.io)
DISCORD SERVER (https://discord.gg/THWyBQ4RzQ)
TELEGRAM (https://t.me/TheStandard_io)
TWITTER (https://twitter.com/thestandard_io)
BLOG POSTS & ANNOUNCMENTS (https://blog.thestandard.io)
LINKEDIN (https://www.linkedin.com/company/the-standard-io)



Coin Listings
TST on CoinMarketCap (https://coinmarketcap.com/currencies/thestandard-io/)
sEURO on CoinMarketCap (https://coinmarketcap.com/currencies/thestandard-io-/ico/)
TST on CoinGecko (https://www.coingecko.com/en/coins/standard-token)
sEURO on on CoinGecko (https://www.coingecko.com/en/coins/standard-euro)


Please Favourite the project on coin market cap!
https://coinmarketcap.com/currencies/thestandard-io-/ico/

To stop scammers, we will list Bitcoin Talk accounts that are part of the project.
Jaminunit (https://bitcointalk.org/index.php?action=profile;u=15467) Joshua Scigala's account. Started 2011
GPG22 (https://bitcointalk.org/index.php?action=profile;u=3517569)
Thaya (https://bitcointalk.org/index.php?action=profile;u=3517766)
BahilaH (https://bitcointalk.org/index.php?action=profile;u=3517765)

Financial It Covered TheStandard.io Project

We are excited to begin sharing information about our project with a link to an article about us in a respectable magazine!

Want to learn more about TheStandard.io and its founders? Understand why users should generate stablecoins and how to make money doing so? Read the article in Financial It: https://financialit.net/news/cryptocurrencies/thestandardio-launches-aim-creating-alternative-retail-banking

Did you make project audit?

We will announce our advisory board soon, including one of the most experienced smart contract auditors.

What market problems does The Standard Protocol solve?

The coronavirus crisis has revealed the issues of the modern financial market, the solution to which is long overdue! To give a life-saving boost to the economy, world powers are printing worthless money!

In 2020 alone, the US released its biggest stimulus to date – giving away USD 1.9 trillion of newly printed cash. In Europe, the Central Bank implemented a negative interest rate – forcing people to spend, not save. This way of stimulating an economy after a disaster often ends in total collapse through hyperinflation.

We end up in a stalemate: goods and services become more expensive, while money is losing value because of increasing supply…

Reinstatement of the gold standard could be a solution to these problems (fixing the value of currencies to a fixed amount of gold), but governments are not ready to make this call.

Crypto technologies allow solving the issue: such stablecoins as Tether and USDC are backed by federal reserve-issued currency in a bank account. They mint one token for every dollar they hold in the bank. The ‘peg’ is held by guaranteeing to always buy and sell one token for one US Dollar. The transparency of the blockchain enables anyone to audit how many stablecoins have been issued; however it’s still difficult to audit the bank holdings of the underlying asset.

Whilst this does create a sense of stability, the fiat-backed stablecoin solutions have multiple problems:

Bank accounts can be closed or frozen

The issuer could spend (or lose) the funds required to peg the token

The issuing company could be declared bankrupt

The user is effectively holding a currency that is being affected by inflation

The bank that holds the underlying fiat is speculating with the funds without transparency

The banks are only insured to a tiny fraction of the fiat being held

Stablecoin issuers have intransparent revenue structures

The issuing company could easily counterfeit stable coins to buy cryptocurrencies or other rare assets without US Dollar backing.

The Standard Protocol offers a new solution — implementing a global decentralized new-age Gold Standard that does not rely on one centralized authority. Our decentralized protocol enables rare asset holders to generate fiat-pegged stable coins by borrowing against their asset holdings.

The platform will unlock the trillions of Euros worth of precious metals and cryptocurrencies. Users don’t even need to sell their assets to spend them. Their investments increase and they remain protected against inflation!

what's the token address?

Meet the team: Joshua Scigala, our Co-Founder

We are convinced that proper development of any project requires more than just a robust idea. You need a team of professionals who can bring this idea to life! Thankfully, The Standard Protocol is armed with both. Today we would like to begin introducing our team and advisors to you!

In today’s post we would like to introduce Joshua Scigala, our Co-Founder.

Joshua has experience with managing large technological teams successfully and has been a pioneer in the sharing economy since 2001. He is an award-winning entrepreneur who has co-founded several technology startups including Vaultoro, SwapStyle and many more. Joshua is one of the first advocates of distributed ledger technologies and has become a leader in the Bitcoin and cryptocurrency space.

If you have questions for Joshua, please feel free to ask, he will be more than happy to answer them to you!

The Standard Co-founder Speaks To Digitaljournal

The issue of security in cryptocurrencies is an issue that is relevant to absolutely everyone. It is believed that the cryptocurrency space is a hotbed for criminal groups since the transactions undertaken provide greater anonymity for both senders and recipients.

However, Joshua Scigala, co-founder of TheStandard.io begs to differ: “Right now, the vast majority of money laundering is done in fiat currency, because it’s anonymous”.

We are excited to share an article citing Joshua’s comments https://www.digitaljournal.com/tech-science/british-police-seize-bitcoins-used-for-money-laundering/article

What makes our project’s tokens stand out?

Let’s talk about The Standard Protocol token! In this post we will touch upon two coins: Standard Euro (S-EURO) and The Standard Token (TST).

The protocol will start with the Standard Euro (S-EURO) – more currencies will be introduced later including the US Dollar, GB Pound and Indian Rupee. Standard Euro is an algorithmic stablecoin that is backed by physical and digital assets and is soft pegged to the Euro. It is generated by locking up tokenized hard and digital assets in a Smart Vault with a smart contract.

However, The Standard Protocol is a DeFi project where every participant has the right to steer the project’s development. This is done through The Standard Token (TST). It is a governance and utility token. TST is designed to keep the Protocol efficient, decentralized and transparent. The community of Standard Token holders who participate in the Protocol’s voting mechanism is named the Standard DAO.

Unlike the Standard Euro, the Standard Token’s value is not stable or pegged to the Euro.

Standard Tokens can be acquired during the token sale or on secondary exchanges.

If you want to learn more about S-EURO and TST — visit our website!

About The Standard Protocol in 90 seconds!

Want to learn more about The Standard Protocol but don’t want to spend your time keeping track of our project’s news feed?

No problem! Watch this short video on our YouTube channel https://www.youtube.com/watch?v=zFMvKDvEZgI
 (https://www.youtube.com/watch?v=zFMvKDvEZgI)
Don’t forget to subscribe to our channel!

Meet the team: Laurin Bylica, Co-Founder

We continue introducing The Standard Protocol team and advisors! Today we would like you to meet Laurin Bylica, our Co-Founder.

Entrepreneur, fintech visionary, management consultant, and senior associate for a corporate VC & family office in Hong Kong. Laurin has an outstanding track record of driving tech projects from start to finish, including the world’s largest crypto sale which raised over $4.2 billion.

We infinitely value his experience and knowledge, and we believe that his vision will help us make The Standard Protocol truly popular!

If you have questions for Laurin, please feel free to ask, he will be more than happy to answer them for you!

DeFi Digest: Main Stories This Week

04.07.2021 - 11.07.2021

We continue our weekly tradition of publishing main stories in the DeFi market! DeFi is showing a bit of renewed strength lately, with the total value locked (TVL) in the ecosystem having risen from $52.94B to $55.73B since last week. That makes this the second week of steady growth in a row now for DeFi after its TVL slump to ~$49B toward the end of June!

And it is monday today, so we want to share last DeFi stories with you:

🔘 Introducing SMART Exposure
Risk tokenization protocol BarnBridge unveils SMART Exposure, a dapp for automatically managing ERC20-to-ERC20 positions.

🔘 Introducing Notional V2
Fixed-rate lending and borrowing protocol Notion presents the protocol’s V2 system, which among other things introduces longer-dated maturities.

🔘 Balancer Launches Stable Pools
The Balancer AMM project rolls out new stable pools for “assets that trade at a similar price,” starting with the staBAL3-BTC (WBTC/renBTC/sBTC) and staBAL3-USD (DAI/USDC/USDT) pools.

🔘 Propose Block for London Mainnet Activation
Ethereum Core developers propose block 12,965,000, or ~Aug. 4th, to serve as the launch point for Ethereum’s London upgrade. This upgrade will activate EIP-1559, which will improve the UX of Ethereum’s fee market.

🔘 Announcing liquidation notifications by EPNS for Alpha Homora users
The Ethereum Push Notification Service (EPNS) now supports liquidation-risk notifications for Alpha Homora V2 protocol users.

🔘 Optimism Gas Update & WETH Distribution
Synthetix notifies its Optimism users that fees will no longer be subsidized on the L2 as of this week and that 30 WETH will be distributed to help eligible users bootstrap mint, burn, and claim transactions.

The DeFi market continues growing and we will continue watching it for you!

The signature campaign is coming soon.

Laurin Bylica comments on the GBTC unlock

Laurin Bylica, Co-Founder of a decentralized crypto finance project The Standard, shared his opinion about the upcoming Grayscale Bitcoin Trust unlock.

In total, 40,000 BTC will be unlocked. According to Laurin Bylica, even though the unlocking of shares should not move the spot price of bitcoin, “misleading and complex information lets investors worry and, therefore, can create short-term bearish anxiety.”

🔎 Read the article in full to learn more:
https://blockworks.co/big-week-ahead-for-grayscale-with-scheduled-gbtc-unlock-new-sec-reporting-status/

First of all,,, funny that people still call themselves founders of stuff and then they also call those projects decentralized. But I guess just so they call themselves part of Defi.

Misleading and complex information does not worry investors,,, panic sentiment without basis is that does. Everyone is in anxiety mode, bull or bear market:)

It seems as if you see just coming across this for the first time, even eth one of the most trusted coin in the market has a founder, that does not prevent investors nor slow down development,  aside from btc, which project in this day and age will you be willing to invest without knowing the team behind it? I bet you won't drop a penny on such project because your first thought will be not trusted since the team are unknown, it is what it is, investors want to know who is behind the project they put their money and I think it makes more sense.

https://i.imgur.com/WCqlwsY.png (http://bit.ly/tst_sig)

Maybe with the ongoing campaign, this thread will gain interest from the community. And not only the standard protocol rep will be the only one posting on this thread.

Being another DeFi ecosystem, what particular new feature or service are you going to provide to the DeFi community? Because with the DeFi market, it is now quite hard to choose among them.

We accept real world assets like gold and silver as collateral for loans.
There are no other platforms that do this. You can open a vault permissionlessly, set your own loan rates and manage your own finances. You will find you do not need a bank any more.

Well, it's good so far the he do, he's not hire dummy account to make his thread looks active, appreciate it. He just keep post an update to this thread.
Then I think people need to know that the promised campaign is really exist. The most waited campaign https://bitcointalk.org/index.php?topic=5351296.0

How can you do this? Did you mean something like the tokenized gold and silver? It sounds good. it sounds like impossible when it comes to the pyshical gold and silver.
Remember that there are lots of projects were creating the tokenized gold and will you support this or not? I meant will you create your own tokenized gold and silver or accept the tokenized gold and silver that issued by another company like elrond maybe?

Right, I'm also curious about that. Physical or digital gold and silver.

Related to ITD (Initial Token Distribution), Has the detailed time been determined, When does each phase start and when does it end? as well as the price of tokens in each phase.

That's all is written in their roadmap but without the exact time, even in whitepaper I can't find any token price for their sale. What is certain is that their pre-market distribution is currently underway, this is usually the time when angel investors join, usually with large purchases.

Thank you @bitstar_coin, you've already said it all and I second everything you said, and also, one thing I discover is that people can hardly ever be pleased or satisfied, they will always find one or two things to complain about even when they know the truth.
A person launches a deFi project and decides to stay anonymous, they instantly tag the project a scam or tell how they foresee a rugpull ahead because the founders of that project is anonymous.

Another guy launched the same deFi project and decides to show his face to the public as the founder of that project to build trust, but the same set of people still come around asking why is there a founder when the project is claiming to be decentralized. Com'on guys, what do you really want? If you have nothing important to contribute, please just stfu.

Yeah that is spot on.

The thing is that The Standard needs to start a little centralised because well there are 10 of us building this thing. The hope is to start the decentralising process as we start to distribute the DAO tokens and building that community.

The other thing that will need more work overtime is the vaulting facilities. to begin with we have two, Bar9 and Vaultoro who are plugging their clients into the protocol.

We are putting resources and our deep connections into the gold industry to build relationships and onboard more and more vaulting facilities/gold retailers. Interest is already high as a lot of companies in the industry have come to me over the years asking me how to tokenise gold.

I told them they can't because there is no way of collecting storage fees by simply tokenising. Now I'm going back to them with our solution. The Standard enables gold vaulting facilities to get the demurrage costs of holding the physical assets even if someone loses their private keys. This all happens trustlessly. So partners will come so this network will also decentralise over time.


All and all there is a heap happening behind the scenes. People know me as a bitcoin maxi because I love decentralisation. Our aim is to make this process happen quickly. But people need to realise, decentralisation is not a binary thing. It's a scale and it's on the top of our minds.
.

yes this is correct.

I have been developing software for years and we launched Vaultoro the first Bitcoin / Gold pair exchange in 2015. I don't want to put dates in the roadmap because unlike typical silicon valley "move fast and break things" attitude, smart contracts need to be secure, they need to be tested, tested and tested somemore.  We are not going to be as slow as cardano in developing LOL, but we are building a serious and ambitious project that will take a little time we hope will become the global standard for algorithmic stablecoins.

If you are interested in the pre-market distribution we will be holding that on Vaultoro.com for Vaultoro members as well as signing SAFTS with VC's

I totally understand your concern. We chose founders because we are not CEO or CTO. We are 5 people that have thought about the issues with projects like MKR and how to make them better. We have invested resources and sweat into building this out over months and are now in the process of decentralizing and opensourcing. Our team is already 10 inhouse and we hope that this won't grow much more because now we want to grow the DAO. The DAO will have the treasury that is raised from the token distribution and will contract people to work on the protocol.

DAO's are one of the most interesting ideas since bitcoin itself. They are the absolute pinnacle of anarchic and cypherpunk philosophy. Eventually, we hope that this project will be spread out as much as possible with no central point of failure.

So it was since 2015, I though vaultoro is joined in 2019, not as long as you mentioned, because that's what I see on social media accounts, especially Twitter accounts.
So no matter how much money you get from the "distribution" you mean, will the public be notified of this? People will be curious, but it will also make a nice impact on your "distribution".

We started coding Vaultoro in 2014 and launched in February 2015. :)

Hey, just wanted to let everyone know that I will be at giving a talk at https://www.mallorcablockchaindays.com/ about why 1:1 hard pegged stable coins are doomed to fail and why algorithmic stablecoins are the future.


Come and join us, we are giving away some really cool Merch including Caps, Tshirts and more.

Hello Everyone
Here is an explainer video to get an idea about "How Standard Token Work": https://youtu.be/h3ebfoqHq0w

---

Dear community,

Don't miss the chance to meet our Co-founder Joshua Scigala at the Mallorca Blockchain  Days this weekend.

Tomorrow he will be talking about "The hard truth of 1: 1 backed stablecoins and why algorithmic stablecoins  are the future"

https://i.imgur.com/gPBc90W.jpg

---

News:
Next week The Standard will be hosting an AMA here, the date will be announced shortly.

Yeah as they might be distributing some tokens too to the top questions.

Why are algorithmic stablecoins the future 🚀 and what are the challenges in Decentralised Projects Governance?

Let's find out the answers in Josh's keynote address and his panel discussion at #DeFiConf2021 hosted by @BlockchainZA on August 5th.

🎟 http://bit.ly/3jiCm0w

https://i.imgur.com/B70NwXV.jpg

Sorry, but it's a bit feel strange, post something that happened yesterday.
But, for those who missed the #DeFiConf2021 and @JScigala's Keynote Address last Thursday, don't worry, here is the video.
https://www.youtube.com/watch?v=G37vSazomPM&feature=youtu.be
https://twitter.com/thestandard_io/status/1423962183944257539
https://i.postimg.cc/7LqVLg24/E8-Lu-D1r-XMAAE-wm.jpg

Don't worry about reward, they have prepare it from the beginning. Confirmed that AMA will on going at this thread and their tg group.
On Telegram: https://t.me/TheStandard_io
On Bitcointalk: https://bit.ly/2VT773O

That's what they say in their original tweet. https://twitter.com/thestandard_io/status/1426498862886313984

Thank you

Actually, if you have questions, you can ask them at the telegram, But it is not obligated, You can ask questions here too, You can actually hear the answer to your questions in the Live video call in the telegram.

AMA in two hours. Join the telegram and prepare your questions.

I'm really looking forward to answering everyone's questions about The Standard Protocol.

you can also tweet @TheStandard_io with #TheStandardDAO and we will keep an eye out on this.

Sorry I couldn't make it on time to the AMA guys, it rained heavily for hours over here and the network connectivity was totally dis-stablized , had and still have difficulties connecting to the internet, for this reason, I couldn't join in the AMA which I learnt was mandatory for all of the Standard Protocol campaign participants.
Sorry ones more, hope another ama come up soon, and wanna use this opportunity to say that I love the honesty, accountability, sacrifice and hard work the team is putting in to make this project a huge success, am really glad to be part of this this early and congratulations to all who are early here too.

So what's the AMA result? it seems that here, in this thread no one has asked questions, I hope in the telegram group is much better.
Anyway, Is there a summary of the AMA available later?, so people who missed it can know here's the direct answer from The Standard team.

Hey thanks for your kind words.

We are so thrilled to have passionate people like yourself being involved and seeding this DAO at its early stages.  I hope your internet issues clear up where ever you are in the world.

The AMA was really fun over on telegram. we did it all over the voice channel and it didn't get recorded because of the medium but we will definitely do it again.

yeah, it was great over on telegram.
The next AMA we do will all be text-based with a focus on Bitcointalk because we want the information to be available to everyone rather than a live fleeting moment.

Best,
Joshua

Ohh,, glad to hear it from you, If it take place here, the readers will also know how the answer is and it will stay in this thread.
I hope you have prepared something interesting likes a reward for question, but more great, which can make the AMA that will take place in this thread, attended by many people, like never before.

The Standard Pre-Sale

💯 24 HOURS TO GO 💯
The exclusive Pre-Market Distribution of The Standard Token will be live tomorrow on @Vaultoro

Key info:
When: 1:00 PM CEST, 25th August 2021
Amount: 50 million Standard Token
Price: 1ETH = 100,000 TST
Accepted currencies: BTC, ETH, GOLD, UNI & more!

Buy Here: https://vaultoro.com/

https://i.imgur.com/LJO5M2X.jpg

I've read through the white paper and found nothing about DeFi. Where are DEXs, liquidity pools, lending protocols to earn interest on your platform?

Taking a minute to look at this further after some initial curiosity and interest..

Some preliminary thoughts:
1. It seems half of the 100M tokens initially allocated for Institutional/Angel investors have been opened up to the public... Per the published token distribution plan, 250M tokens were supposed to be sold privately before the sale went public; it seems we only made it to 50M before opening things up.. This raises some concerns around the degree of interest (and investment) in the project.
2. TST appears to be a is primarily a voting token for participation in the DAO.. It is unclear to me what value it holds beyond the ability to participate in decision making for the uptake / administration / tokenization of other real-world valuable assets.. That said, there is also the DAO's treasury - presumably this could be used for dividends/airdrops to TST holders? That would make holding much more interesting.
3. Only 45% of TST are being distributed to the public / investors; this means the majority of the decision making power is very centralized initially.
4. The allocation of TST for Marketing strikes me as curious; why not allocate a portion of funds raised from the presale of TST rather than selling TST post go-live for a marketing budget? The added sale pressure would serve to suppress TST's value; something presumably contrary to at least part of the intention behind marketing.
5. The Pre-Market distribution is set at 1 ETH = 100,000 TST. The total distribution of TST is 1,000,000,000. This sets the initial market cap at $33,000,000 USD.. Pretty low for a starting point, which again has me concerned about the degree of interest, but it's also a presale so prices are expected to be lower and there's a huge potential upside..

As an aside to other readers - token distribution is supposed to be:
Pre-Market Distribution - 100M for Angel and Institutional investors
Private Distribution - 150M for waitlisted folks etc
Public Distribution - 200M for TBA
DAO - 100M
Early Participants/Team/Advisors: 300M
Marketing/Networking: 150M

Say I tokenize an amount of gold and generate a Smart Vault of 100,000 S-EURO - effectively borrowing S-EURO against my gold. My gold is insured, in a vault, and audited regularly - all of which adds maintenance costs; these costs would be covered in full or in part via a daily reduction of the initial 100,000 S-EURO balance required to close my Smart Vault and restore full ownership of my gold. I am also charged a daily stability fee primarily driven by fluctuations in supply and demand for S-EURO. If, for example, a significant increase in demand for S-EURO causes it's price to exceed that of fiat EURO, the stability fee will decrease and the cost of maintaining my Smart Vault (a.k.a. loan) will reduce - much like a lower interest rate being applied. This fee volitivity is intended to encourage asset holders to hold/tokenize or de-tokenize my assets based on the supply and demand for S-EURO... Think I have that part down.. Now the hard part..

Would a reduction in stability fees really result in the desired outcome of getting asset holders to tokenize more assets? Onboarding new asset holders should be a lengthy review and approval process, so in the short term you'd largely depend on existing asset holders to tokenize more of their assets; this assumes asset holders would initially tokenize a portion of their assets and would be open to tokenizing more assets down the road given the right circumstances. I don't see low fees as much of a draw, but after some consideration I can see the appeal of tokenizing assets while the S-EURO is overpriced ASSUMING the value of S-EURO issued exceeds the real world value of tokenized asset (i.e. my 100k EURO worth of gold is tokenized 1:1 for 100k S-EURO despite the market price of 1 S-EURO to 1.2 EURO; effectively my 100k EURO asset is tokenized for 120 EURO worth of S-EURO). This approach would rapidly increase the supply of S-EURO as asset holders seek to cash-in on inflated valuation; the result would be a bevvy of 'approved' asset holders waiting for the right conditions for quick profit, and a corresponding rapid price correction. Conversely, should the value of S-EURO issued in this scenario be roughly equal to the value of the tokenized asset (i.e. when 1 S-EURO = 1.2 EURO, a 100k EURO asset receives 83k S-EURO, worth 100k EURO at the time), low fees alone would hardly incentivize asset holders to tokenize, resulting to a sluggish price correction at best and a complete decoupling at worst.

A snap crash in the cryptocurrency market would be liable to spark a very sudden and immense increase in demand for S-EURO; without an aggressive price correction system in place, you risk undermining the DAO's vetting process, which is liable to result in the overvaluation of tokenized assets or even outright fraud.

On the other side of the equation, the risk of stability fee increases would require prudent Smart Vault holders to closely monitor fees. A crypto market boom is liable to cause a significant outflow of S-EURO, in which case the stability fee correction may be similarly significant. Smart Vault holders would effectively be penalized in an effort to encourage vault closure.. The passive Smart Vault holder may return months later to find exorbitant fees levied which must now be paid at stabilized S-EURO prices.. This strikes me as a substantial deterrent to asset holders who don't want to be bothered with constant monitoring of market conditions.

Furthermore - the S-EURO is in no way directly linked to the value of TST (which provides a vote in the DAO that oversees S-EURO).. We must consider the audience for this token which is primarily used to determine fees and approve tokenization proposals.. What is a vote in the DAO worth, and to whom? Stability fees are collected by the DAO, so dividends may provide a prospective draw to otherwise unbiased stakeholders.. Beyond these, what value is there in having a say in token issuance and fees if you aren't either a self-interested asset holder looking to get your asset tokenized / reduce fees for your tokenized asset, or a major user of the token (i.e. an exchange) looking to encourage stability? Who do we imagine holding TST, and to what end? We may dream of market experts and prominent business leaders benevolently taking the reigns and creating the stablecoin platform to replace all stablecoins, but what compelling reason do they have to opt for a DAO vote over its cash equivalent? I worry that the DAO will eventually be governed by the self-interested, and everyone involved will suffer for it..

Transparency isn't a strong point in the stablecoin domain, but this is at least partially offset by fairly clear accountability. Much as I can appreciate the use case and need for such a platform, I'm afraid I don't see how this project addresses issues of transparency and accountability in the stablecoin domain.

Had a great chat with Joshua on Telegram.

In terms of the change in distribution, he opted to open up the early stage sale after most private interest wouldn't accept a vesting period (wanted to be able to dump day 1). This was deemed unacceptable, so they opted to open the presale to a broader audience.

He pointed to Maker DAO as an example of arbitrage helping to maintain price stability - a compelling example that counters my concerns of quick injection/removal of liquidity (and associated S-EURO issuance/burn). Unlike Tether, liquidity injection would be slower, but arbitrage should help keep prices stable.

For an outflow of S-EURO in a crypto boom causing high fees, and this being a disincentive to prospective asset tokenizers, he mentioned work on bots not mentioned in the white paper that would help vault holders mitigate risk.

For the risk of TST becoming centralized with asset holders and potentially leading to DAO manipulation, he pointed to a number of perks available to TST holders (remuneration for participation, airdrops of vault fees, access to liquidated assets, etc), as well as a constant demand for TST by Vault Holders who benefit from paying fees in TST and spending it on automation bots.

Overall I'm much more comfortable with the project.. Still a massive undertaking with ample risk, but in good hands from what I can tell.

Thank you for the kind words -

Please try to put all the content in one post - like your previous two posts- you could have posted that content in a single post - no need to make another post - it's against forum rules. they might ban you  ;D

---

💯 Almost 60% are already sold in few hours. 💯
For more info please visit: https://t.me/TheStandard_io

https://i.imgur.com/cxn3Eoq.png

I'm glad to hear that good news coming from the sale, while some people had trouble depositing and exchanging their coins to TST, I see them in the official tg group, but still managed to reach almost 60% in less time, this showing to us how good the support was for the community when the sale started. I don't think it will take long to reach 100% of the sale.

still waiting for some reply to my previous question. Thank you.

The fact you keep dodging the most relevant question about DeFi tells it all. I can't say this token is a scam, but still totally unworth buying.

I've read through the white paper and found nothing about DeFi.

We are building a set of smart contracts that let you generate fiat soft pegged stablecoins by locking up collateral like ETH, WBTC and hard assets like gold and silver. I don't think you can be more DeFi than that.

Where are DEXs, liquidity pools, lending protocols to earn interest on your platform?

We are not in the business to create a Dex; there are already great DEX's, fantastic liquidity pools and AMM's that we can plug into. There is no need to recreate them.

tst token pre sale ended? i didn't see update about pre sale and raised amount. when tst trade will open? because in the roadmap has not seen any exchange (cex or dex) listing schedule. it's need to clear information about exchange list.

We are building first. There will be a private sale in November. I recommend you to go to the website and sign up to the whitelist / waiting list :)

Standard is pleased to announce that Standard Token Private Distribution (TST) will take place from 15 December 2021, until 18 December 2021 exclusively on the Copper Launch platform.

Important information about how you can participate.
Start Date: December 15, 13.00 CET
End Date: December 18, 13.00 CET
Sales Duration: 3 days (72 hours)
Platform: Copperlaunch.com
Initial $TST Raise: 150,000,000
Initial DAI collection: $750,000

Read more here https://blog.thestandard.io/the-standard-token-tst-private-distribution-b14b6059381c

It seems as if the team is having a small target compared with what was already raised in the private sale. I will give this team an applause for that but we can know what will be the actual market cap after the launch of the token to the exchange site? It seems like I wanna try to take my spot on the copper launch. Im feeling curious how much ROI that it can get from there.  :D

Mark your calendars
Our first Partnership Launch is coming up on December 13th on LuaSwap

Key info
IDO Supply: 3 Million TST
Accepted cryptocurrencies: USDT (TRC-21)
IDO Token Sale Price: 1 TST = 0.07 USDT
Don’t miss out only 1 week to go!
https://twitter.com/thestandard_io/status/1468176084361519106

TST SALES TIMELINE
Partnership Sale with LuaSwap 13th December at 9 am UTC - 24H
Private Sale on Copperlaunch 14th December at 1 pm UTC - 72H
No KYC. Fair Launch Auction.
All about the PrivateSale here: https://twitter.com/thestandard_io/status/1470062306751131656

Sold out in 6 hours

https://twitter.com/thestandard_io/status/1470407769681448962

---

✨Official Token Listing Announcement✨

✅ The Standard Token $TST will be listed on Uniswap and LuaSwap after the end of the private sale on Copper Launch 💥
✅ Token claim on LuaStarter: 12 am UTC on 20th December
✅ Vesting: No. All tokens will be unlocked 100% at TGE

---

https://copperlaunch.com/auctions/0x42bab235a5e0cd52f4ae5ed179392e1c3c0cce8a

https://i.imgur.com/03oBl7p.png

https://i.imgur.com/2VDZbMb.png

---

https://copperlaunch.com/auctions/0x42bab235a5e0cd52f4ae5ed179392e1c3c0cce8a

https://i.imgur.com/zODWLLo.png?1

[Mod note: Consecutive posts merged]

https://copperlaunch.com/auctions/0x42bab235a5e0cd52f4ae5ed179392e1c3c0cce8a

https://i.imgur.com/Y8DvNq0.png?1

Hey everyone! Our co-founders JScigala and Laurin_Bylica, have recorded a video to explain the auction mechanism we are using for the PrivateSale, as it has come to our attention that it may be a bit confusing for some of you!

More info: https://twitter.com/thestandard_io/status/1471126824264601601

Yesterday I tried to Sign Up as a bounty hunter in Standard Protocol website But after 24 hours till now I haven’t received any confirmation mail. I don’t know Is it their site bug or problem in my side. Have any of you face this trouble? If any team member see this my issue please fix this problem.

if you use Google mail, confirmation came to me in the promo section, look there, there will be a confirmation letter for the newsletter and that's it.If it hasn't arrived, request a few more times and carefully scan all the sections in your mail.

A total of 1.06m USDC raised through copperlaunch



Not that much important if you didn't receive any confirmation email

Nah, I use Yahoo mail and I tried a several times even though I checked spam folder But It’s not received yet. If @irfan_pak10 ensured that not necessary to receive it so I'm not worried ;D May be it’s their problem because a few members said that they got
confirmation mail after a few hours.

Its not yet sent, we are now preparing It.

Our development team successfully tested the first version of the Smart Vault and generated the first Standard Euro (sEUR)!

We want to thank our awesome  community and are looking forward to launch The Standard Protocol this year!
https://twitter.com/thestandard_io/status/1480543050627698689

Sound is good also it seems great to see this teams rapidly working hard to development in the project. When TST will be list on exchanges? I hope will list on big centralized exchanges. Most provably it’s token sale (IDO) ended and raised millions of $. I'm also waiting for the signature reward distribution.  

I am also waiting for announcements on these events, it will be interesting to watch.The project has been raising funds for its development for quite a long time, I hope it will be possible to make a good product.

December interview with Joshua Scigala covering a lot of the underlying rationale behind TST. https://weissratings.com/en/weiss-crypto-daily/video-the-stablecoin-minefield

This interview means nothing. The only thing that already waited by so many TST buyers. This team is delaying the listing due to the various reasons. I just wanna see how much TST token will be priced in the market. Rather than doing so many interview and the team must put this as the main concern as listing was a part of their roadmap. I hope that the team can release their token to the dex very soon instead of giving another delay again.

I also don't understand why there is no clear plan and announcement with all the dates.In the telegram group, questions are answered somewhat evasively and it is quite difficult to get an answer to your questions.
At the same time, movements began at their address:
https://etherscan.io/token/0xa0b93b9e90ab887e53f9fb8728c009746e989b53

Can anyone clarify me about Signature campaign rewards as like when it will be release? I heard in BountyPortals group, someone said that payment already distributed through bounty manager and it’s may be with BNB, I don’t know that's true or not.

The team is planning an airdrop program which will go live on the 20th of February, where 4% of the total supply will be distributed within 70 days. I expect little changes with project base on the prevailing market sentiment. The project at the moment is looking for relevant partners and the community is open up for suggestion

No ETA about when it will be released. You can ask irfan about this. I have been investing small amounts of money in this project but it seems like that i never heard about the exact date for the listing. I don't know why the team keeps delaying the listing. The distribution of your reward totally depend with the team as irfan has no power to control it.






Is this for real? that's a lot of tokens to be distributed through airdrop.The team must not make its investors are waiting even longer. The market is in red but it's not so bad to list TST token on the exchange site. At least there must be exact date about listing.

If you have been investing on tst then you probably join the discord channel for their latest updates and progress of the project, from the discussion I have seen so far, the team are in no hurry to list on the exchange,  they are looking for partnerships as stated above and urge the community members to bring suggestions if they have any.
And as for the airdrop mentioned above, I haven't seen any information regarding that both on their Telegram and discord channel, I think such information should be made public and I haven't seen any of such info on their pin messages.

The information is on the group but from an unrelated project but have not seen any group admin respond to it yet

"practically kill the project" in your post is over exaggerated imo, i don't see why a project with all the component to succeed, very dedicated team can go dead just because it got listed on the exchange, if shitcoins can survive the bear market i don't see why a project like standard protocol can not, it is up to the team to decide when to list, hunters can not influence their decision, they can only make inquiry about the listing period. Even there are many investors who are asking the same thing as well because to them time is money.

Is there no latest news about the distribution of this token? because it's already 2022

you need to explain more whether this is about the bounty token or investor token. If this is about bounty token and then you need to ask the team about that. i heard that you will be received your bounty token after the listing. There's no ETA about when this token will be listed on the exchange site but some people are also actively asking the team regarding this problem. Is not it better for you to ask the team directly about this? i can give you the link that will be redirect you to the telegram group https://t.me/TheStandard_io

You can go there and ask the team. As far as i know the public sale is not yet done and i think the token will be distributed after the last sale but this project has so many sale.

I hope this project is aware of another new standard protocol project twitter name @standardweb3 with https://linktr.ee/standardweb3. I was confused when I saw it, it has stronger influencers and I feel if more awareness is not taken on social media channels, this project it might overshadow this project with that name.

The token has almost the same name with standard protocol, the team needs to create a new ticket to make it become different with it. I just aware if that's exist and trading on the exchange site.
I see that the project didn't go so well as the liquidity on its dex is also very low at this moment. I don't even see strong influencers that are mentioning this project as well. The bad thing is this standard protocol was too long to take an action to launch its token to the market. You can call the dev about this and i hope that at least the dev will consider to use the new name or rebrand this project with a better name that has not yet copied by another project.

I was Signature Participant in the Standard Protocol and i received my payment a few days ago. This OP is inactive for the long time, so i didn’t see any update about the project progress. There are no news about listing, @TheStandard_io when TST will be listed on the exchanges?

like it doesn't exist yet, just hold on to the tokens you have, I've seen the bounty community that of them are interested in buying TST tokens, of course it's at a low price, that's enough to prove that the tokens are valuable

I didn’t ask about it’s existence. Yes, still i hold it and i will never sell it at below ICO price (if i'm not wrong ico price was 0.055$), bounty hunters can't wait because of it’s delaying to listed exchanges, whatever it’s their own choice they will sell it at low price or hold. I have no doubt TST is potential coin, and i hope it will list big centralized exchanges.

You can see that update through joining in the discord, have you joined before? Team is not so active in the telegram group. Any update will be shared in the social media of standard protocol. There's someone said that if it's already listed on quick swap. The problem is team has been saying if it's being listed by someone and not for the team. I hope that this will be going so well and we will see standard to be listed in a good exchange site

as far as i know the TST token has not been registered anywhere , we can see their announcement there is no official news that the TST token is open for trading if you find a TST trade anywhere it is not an official hold result either your token

Thanks! I didn’t joined until you said but now i joined in their discord channel. But i know may be someone provided some liquidity in QuickSwap, now price is below ico price, if it’s not a official listing, so that i'm waiting to hear team announcement about major exchanges listing.

That may takes a decade waiting for that to happen. Basically, with money that raised by the team and it takes only a few weeks just to be listed into the exchange site. The development seems very slow at this moment but yeah we are still waiting exchange listing. My first time to see that if TST was available on quick swap. It seems like that quickswap is far better compared with sushi swap which was for ethereum token.

Hey all!

Check out our blog post discussing asset-backed stablecoins and the advantages to the protocol and users below:

https://blog.thestandard.io/why-is-thestandard-io-a-hard-asset-backed-stablecoin-4ee3f3e33382

Here's information on how the upcoming IBCO works and how you can get involved!

https://blog.thestandard.io/how-you-and-the-protocol-benefit-from-thestandard-ios-operation-deep-liquidity-aka-ibco-e5b6fb654ce4

We recently added our The Standard Token (TST) and Standard Euro (sEURO) to the major price tracking websites e.g. CMC (https://coinmarketcap.com/currencies/thestandard-io/, https://coinmarketcap.com/currencies/thestandard-io-/ico/) or CG (https://www.coingecko.com/en/coins/standard-token, https://www.coingecko.com/en/coins/standard-euro)

We are also listed on the ICO Calendar of CMC https://coinmarketcap.com/currencies/thestandard-io-/ico/

After the IBCO we will proceed with the next steps to get listed on DEXs and CEXs.

Joshua had a great interview with SaSHA-256 @sashahodler on twitter.

They go deep into what CBDC's are and how they are set to absolutely control every part of your life. This is what drives us to create the ultimate decentralized stablecoin solution. TheStandard.io


https://www.youtube.com/watch?v=eFgBZVWHRnw

Why over-collateralized/asset-backed stablecoins?

Check our blog post:

https://blog.thestandard.io/why-over-collateral-puts-the-stability-back-into-stablecoins-db8b95df3032

I had a really great conversation with Niklas Anzinger, the VC helping to build start-up countries. We delve into ancap philosophy and how we at TheStandard.io (https://TheStandard.io) are working to build the ultimate stablecoin and hard money solution that start-up countries can use.

https://twitter.com/JScigala/status/1592875041536213000?s=20&t=MQ8LbpxqfEPL7O_f6Okpiw

Here are the direct links to the podcast.

Apple Podcasts (https://podcasts.apple.com/us/podcast/stranded-technologies-podcast/id1629706707)

Spotify (https://open.spotify.com/show/5RuYhqSM3QayPz6I3X3PSm)

Google podcasts (https://podcasts.google.com/feed/aHR0cHM6Ly9tZWRpYS5yc3MuY29tL3N0cmFuZGVkLXRlY2hub2xvZ2llcy1wb2RjYXN0L2ZlZWQueG1s)

Amazon music (https://music.amazon.com/podcasts/e461ef2e-9892-493f-9207-5fde8f98eabd/stranded-technologies-podcast)

Deezer (https://www.deezer.com/en/show/4472067)

Another day, another show. This time I talk to Eureka John (https://twitter.com/EurekaJohn1/status/1588686485242290177?s=20&t=MQ8LbpxqfEPL7O_f6Okpiw) about basics of money, $BTC, #DeFi, Gold, inflation, usury, the founding of Vaultoro (http://Vaultoro.com) the Gold/BTC exchange & our new stablecoin DAO called https://TheStandard.io (http://TheStandard.io)

Full vid here: https://youtu.be/g1VHkcmEqSw (https://youtu.be/g1VHkcmEqSw)

I joined the guys over on DeFi Slate to discuss CBDCs, Stablecoins and The Standard as the ultimate decentralized stablecoins solution.

https://i.imgur.com/UWhymjr.png (https://www.youtube.com/watch?v=JuV73Cv3z3Y)

Joshua sat down with R.L BTCryer to discuss CBDCs, the early days of bitcoin, our first-of-a-kind over-collateralized stablecoin and lending suite http://TheStandard.io, #bitcoin, DeFi, $ETH, $UST collapse, $USDT, voluntaryism, and Vaultoro.com. EPIC!

https://twitter.com/rBryer23/status/1594746917916917770?s=20&t=cXUYCg33zEiV8_aG22UqRw
 (https://twitter.com/rBryer23/status/1594746917916917770?s=20&t=cXUYCg33zEiV8_aG22UqRw)

https://www.youtube.com/watch?v=OGxuLy5bnsA (https://www.youtube.com/watch?v=OGxuLy5bnsA)

In case you missed TheStandard.io's last twitter space, it was such an interesting talk with TokensFarm and the future of yield farms  8)
https://twitter.com/thestandard_io/status/1593275275533758464

Speaking of TokensFarm, we recently partnered!  8)
https://twitter.com/thestandard_io/status/1572237222912626691

In case you are in Berlin for the next two days, we're organizing a Glühwein experience and a panel with DAO Researcher, come meet us in person  ::)

https://twitter.com/thestandard_io/status/1595010818009186304/photo/1

We did an audit with Zokyo / https://twitter.com/ZOKYO_io/status/1585186743812517890?s=20&t=zncnUAllb7hyskH7q3Khog

We also have the advisors here:
💡 Patri Friedman - Patri Friedman is a libertarian and theorist of political economy
💡 Hartjey Sawhney - Godfather of Smart Contract Auditing
💡 Faraj Abutalibov - Founder of Crypto Executives Community (750+) and supports The Standard in the ecosystem development out of Dubai
💡 Dr. Jane Thomason - Top 100 Women in Crypto, Co-founder @ British Blockchain & Frontier Technologies Association
💡 Florian Grummes - Supports the Standard as a Gold/Crypto Expert to bridge the industries.
💡 Adam Stokes - Crypto YouTuber and support the Standard to educate the community about the project.

Btw, don't miss out today's session with Florian Grummes at 5PM CET
https://twitter.com/thestandard_io/status/1591090830428999687/photo/1

Link to the session: https://t.me/MidasTouchConsulting

Glad to see the OP cleaned up and things continuing to progress. Looking forward to the IBCO and eventual Smart Vault launch!

I agree with you,I am glad that the project continues to develop against the background of a negative mood in the market.The token has shown good dynamics lately,which is impressive.I also wonder what will happen to the NFT rings for quite a long time there is no news on them.

Thanks, yeah, we are looking forward to it too.

The rings were meant as proof of attendance rings but there will also be some nice functionality for them when the smart vaults are released after the IBCO

IBCO DOCS ARE IN


https://docs.ibco-general.thestandard.io/guides/stage-1-bonding-curve#questions-and-answers (https://docs.ibco-general.thestandard.io/guides/stage-1-bonding-curve#questions-and-answers)

Let us know if you guys have any questions

Stage one, get an instant 20% return by buying sEURO at a discount. Remember, the earlier you get in the more the discount. This helps the protocol collect deep liquidity to peg the currency and reward the user.

https://i.imgur.com/NFG7g9V.png


Stage two:

During the IBCO, third parties will unlikely give you 1 euro worth of assets for your sEURO because they can get it for a discount on the IBCO. So sEURO is not considered a stablecoin until the IBCO is over and the discount is 0.

But guess what, we consider it 1 euro already in stage two. We will buy the liquidity you place into UNISWAP V3 for the full euro price! On stage two just place your sEURO and your equivalent USDC in and choose a bonding period to get a fat yield. (

https://i.imgur.com/rSTL3MV.png


The yield% in this image are still tested net numbers The final numbers are here.
https://i.imgur.com/uvVxp50.jpg


Now that you have a bunch of sweet sweet TST, stake them for a 20% API. first in best dressed!

https://i.imgur.com/EGzkpfs.png

Your project pretty interesting. These 20% API is fixed and if there is no cap then this will drain your treasury pretty quick. If your treasury has a limits then how you plan to keep TST from out of circulation? Because people will sell off their TST holding if they can not get any rewards. These staking has any locking period or anyone can stake and unstake anytime they wants to?

20% is a very attractive percentage to draw in stakers to stake tst, i would love to stake my tst i bought from quick swap and dextool, (tst is very cheap now by the way for those who are interested in taking advantage of this 20%) So my question is will the staking open to the eth chain tst or even the polygon chain tst can also take part in the staking?
As @DVlog already mentioned, how will you address the issue of stakers dumping their reward immediately after they receive it or will there be a lock period? plus I read something about tst stakers will get rewarded in sEURO if this is still the idea or if it has been changed?

Great questions.
Initially, we are only on ETH but we are working on a polygon staking option too. We are also partnering with a bunch of different yield farming dapps on Polygon so that will come.

Yeah reward will be in sEURO to start with but eventually, we will have other options. especially when we start rolling out other sFIAT's like sUSD, sINR, sAUD, sGBP and so on.

Regarding people dumping rewards, yeah that could happen but it would happen after the staking period ends and we will roll them out in staggered tranches of new staking pools. 
There are also soooo many use cases and yield farming ops coming for TST so the smart hodlers should understand that.

it's going to be cool.And there are approximate deadlines for the implementation of the function of these rings is it the end of the year or is it better to wait for next year?I will be waiting for an announcement from you here on the forum.

Dumping the reward would be useless as well as there's no liquidity for your token and so the point is with so much money you have been collected before and was there a plan to add at least some thousands usd as liquidity?

Any plan to be listed in the centralized exchange site? That will be far important. You can develop so many good features but without any users and that must be useless. There must be unique investors that must come to increase the value for TST.

I think the liquidity pool you are talking about is not an official listing. Some community members launch a bunch of pools without enough liquidity so that they can buy TST cheaply from dumpers. TST IDO price was 0.054$ so why investors will sell their tokens with a loss in some unofficial liquidity pool? That doesn't make any sense. So it will be better to wait for the official listing from the team.

Yes we are in talks with two larger exchanges but must want to see trading volume on DEX's first. The rest are all scams. Also After FTX, I'm really not keen on centralized exchanges.

Thanks for clearing that up regarding polygon network tst staking, i will be looking forward to its launch, i know many people who own the polygon chain tst will have happy to hear this news.
Regarding the sEURO reward, if that is the case i don't think any staker will be dumping anything since the reward will be stablecoin sEURO rather they will be buying more tst to increase their reward amount, except this is what you mean.

Owww... nice! that is what im looking for. Larger exchange site has liquidity requirement but another question is since there's no liquidity in the dex and will you try to filling up the liquidity and lock it? I see that if you were not even adding liquidity and lock it into the dex and how can volume come to the dex? People would like to trade it if there would be enough liquidity in the dex. Low liquidity makes a huge spread for the price and it's very volatile. I hope you can consider to add liquidity on the dex and lock it.

You can find the audit report of Zokyo Labs here: https://www.linkedin.com/feed/update/urn:li:activity:6990678326247866368/

We have reached a new milestone by crossing 100k Market Cap of the IBCO.

Check it out here:
https://app.thestandard.io

https://app.thestandard.io/stage1

Your Bitcoin and Gold Can Generate Yields With TheStandard.io

Are you tired of earning measly interest on your hard-earned savings at traditional banks? Look no further than decentralized finance, or DeFi, for a solution.

DeFi (Decentralized Finance) uses innovative smart contracts and cryptocurrency to provide much higher yields on cryptocurrency holdings than traditional banks offer for deposits, GICs, bonds, etc.

Crypto users can earn great yields on their investments through staking and yield farming. Staking rewards users with protocol-generated yields in exchange for using their tokens to help secure and decentralize the network’s transaction verification and block generation systems or for simply locking up tokens to take them off the market. Yield farming allows users to send assets to various types of smart contracts in exchange for rewards/investment returns; these smart contracts generate revenue by the assets’ use in various types of transactions such as swapping, lending and borrowing. Yield farming typically offers a greater return than staking, however, it typically comes with additional risks ranging from impermanent loss to abuses of custodianship such as fraud or outright theft.

TheStandard.io is building a high-yield model that allows investors to increase wealth without handing over custody of their assets. Through the use of smart vaults, users have the opportunity to lock up their rare assets in a smart vault and use these assets as collateral for the minting of sEURO, a EURO-pegged stablecoin. Traditionally, DeFi has been limited to cryptocurrencies. However, thanks to the design of TheStandard.io’s smart vault contracts and novel approach to tokenizing vaulted precious metals, users are now able to get similar returns using their physical gold; something completely new to the financial world. When a user deposits their assets into a smart vault, they are able to unlock the value of those assets by borrowing sEURO, which can be used in many different ways.

This system has many advantages including tax benefits. The sale of assets is a taxable event in many jurisdictions, meaning the sale of an investment at a profit may trigger capital gains tax. This can be disadvantageous if you intend to use those gains for further investment, and even disastrous if said investments take losses in subsequent tax years. Through minting sEURO by depositing crypto or gold into a smart vault, no sale of assets take place.

The user's assets are safely locked away with their own private keys and can be withdrawn at a later date, by closing the loan, and instead get to borrow against them through receiving minted sEURO. What is even more interesting is with inflation threatening to continually rise, this will in effect pay off the loan as the value of the fiat currency falls (also due to the loan being 0% fixed interest) and in theory, rare assets such as gold and bitcoin should also rise in fiat terms due to their scarcity.

The sEURO can be used in many ways, it can be deployed in Liquidity Pools for a portion of the LP’s fees, which is a simple way for users to further earn significant returns. Users can also utilize the funds for activities such as starting a business or purchasing a car for example, which they may not have previously had the liquidity for without having to sell their assets. The possibility of borrowing against existing investments at a fixed zero percent interest rate has been a strategy only available to the super-wealthy up until now. This is why the project is so revolutionary and here to deliver DeFi’s ultimate mission, to change money and change the world.

Join our IBCO for instant yields! The earlier you join, the bigger the discount:

https://app.thestandard.io

Access our website to learn more about TheStandard.io

Thanks to Decentralized Dave for having our protocol lead, Joshua Scigala on the show to discuss his story and the history of Bitcoin! 😎

WATCH HERE 👉 https://youtu.be/pip9IsOV1jI

Feeling the freeze during this #crypto winter? 🌨

We have something that will warm you up! ☀

Check out TheStandard.io IBCO event for a chance to gain early access to instant #yields from the initial #stablecoin offering. 📈

👉 https://app.thestandard.io

sEURO & Why Borrow Against your Rare Assets?

TheStandard.io is aiming to revolutionize stablecoins in the cryptocurrency market. Stablecoins have emerged as a pillar of cryptocurrency, particularly decentralized finance (DeFi). They are cryptocurrencies whose values are tied to other tangible assets. The sEURO will be pegged to the EURO in at a 1:1 ratio with a vision of creating a full suite of fiat-pegged stablecoins for all major fiat currencies.

These pegged cryptocurrency assets give institutional and individual investors access to programmable money that is familiar in value and doesn’t experience the same volatility as many cryptocurrency assets now available on the market. Stablecoins are essential for the widespread adoption of cryptocurrencies because they give investors security and stability.

Stablecoins are most frequently used for DeFi projects, which enable users to receive a yield for putting their cryptocurrency into different smart contracts. Because they eliminate all the inefficiencies of traditional finance, the profits on these smart contracts are greater than those of the banking system. In order to prevent collapse, the Standard protocol aims to become the next-generation monetary system that is overcollateralized by rare assets.

User’ current assets, including cryptocurrencies like Bitcoin and Ethereum as well as physical assets like gold and silver, are to be placed in private Smart Vaults in which the user will hold the private keys as security against the value of the sEURO. Investors are then able to borrow at 0% interest at approximately 85% of the total value within their Smart Vault.

WHY BORROW AGAINST YOUR RARE ASSETS?
A financial mechanism that only the ultra-wealthy have had access to is to be able to borrow against their assets at a low fixed interest rate. TheStandard.io is opening this tool to the masses so what does this mean and what are the benefits?

Firstly, if you wanted to purchase a car and owned a substantial amount of Bitcoin or Gold for example you would usually need to sell those assets for fiat currency which in most jurisdictions, triggers a capital gains tax event if those assets have risen in value. Instead, if you have borrowed against those assets you have not sold and therefore no tax event has occurred and you have avoided the inefficiencies of the traditional banking system by using TheStandard.io smart contract to do so.

As TheStandard.io allows users to mint sEURO at a fixed 0% interest rate for an indefinite period there is also another key benefit. Let’s take an example here, if you have currently borrowed against your Bitcoin with a value of 100,000 Euros (85,000 Euros worth of sEURO) and have decided to pay back that loan to release the Bitcoin, during inflationary economic conditions, inflation will help pay off that debt because your position is effectively shorting the Euro. When you decide to pay back the loan, inflation has dropped the value of the fiat currency and will be cheaper to pay back that said loan. In addition, rare assets during inflation usually perform well as they have a limited supply (deflationary) and therefore are used as a great store of value.

HOW TO GET INVOLVED IN THE sEURO IBCO LAUNCH EVENT?
Do you want instant yields from our IBCO and get in early on a project that is aiming to change money? Check out the protocol’s initial stablecoin offering!

Users can now buy sEURO at a massive discount. As more liquidity comes into the pool, the discount will become less until we reach a 1:1 peg. The earlier you join, the bigger the discount.

Visit https://app.thestandard.io now to get started!

Check out thestandard.io for more details on how the IBCO works and instructions to do so!

RECENT MEDIA APPEARANCE
See our protocol lead Joshua Scigala in his recent interview with alternative finance legend David Morgan, in an intriguing discussion around CBDC’s, Precious metals, and the role DeFi can play in the near future for monetary freedom.

https://youtu.be/02x1kJX_s2g

Join the revolution in digital currency with http://TheStandard.io! 🔥

$sEURO is backed by real-world assets, like physical gold.

Don't miss out on discounted access through our initial minting event!

https://app.thestandard.io/stage1

Our Community Manager, Thorex:

💪5 years of crypto industry experience;

✅BA in Management⏳MBA in Management

😀 Always happy to help, so reach out on Discord for any questions about the project!

Thanks to Busy Jordy of the Crypto Corner for interviewing Josh Scigala our Co-Founder on the show!

https://youtu.be/KJyv9Lw91Qo

Collateralized Debt Position (CDP) — What has TheStandard.io Learned from MakerDAO
MakerDAO is a decentralized lending platform built on the Ethereum blockchain that allows users to obtain loans in the form of the Dai stablecoin, which is pegged to the US dollar. Users must collateralize their loans by locking up a certain amount of Ethereum in a smart contract, known as a Collateralized Debt Position (CDP). This Ethereum acts as collateral and helps to ensure the stability of the Dai token.

However, despite the success of MakerDAO, TheStandard.io has built upon the concept to provide a more efficient, cost-effective, and stable decentralized lending solution. Here’s what TheStandard.io has improved upon:

Cheaper and Faster Second Layer
TheStandard.io has set its end goal to provide a second-layer solution that is faster and cheaper. This will make the lending process more efficient, reducing the cost and time required for users to access loans.

Multiple Assets in One Vault
In contrast to MakerDAO, which only allows for the collateralization of Ethereum, TheStandard.io allows for the collateralization of multiple assets within one vault, such as BTC, ETH, or even precious metals. This provides more stability and security to the lending process as the value of the assets can be spread across multiple assets, reducing the risk of significant losses in case of market fluctuations.

Asset Swapping for Stability and arbitrage
TheStandard.io also allows for the ability to swap assets within the vault, providing opportunities for arbitrage and better stability. For example, if the market value of a certain asset decreases, a user can swap it for a more stable asset, such as a gold-backed token, to maintain the stability of the loan.

Secondary Marketplace for Debt
In addition, TheStandard.io allows for the sale of ownership of the vault, creating a secondary marketplace for debt. This provides more liquidity and allows for a more efficient and cost-effective way of obtaining and repaying loans.

Multiple Currency Output
Finally, TheStandard.io will look to offer multiple currency outputs following the sEURO, such as sUSD and sAUD, etc providing more flexibility and choice for users in the lending process.

In conclusion, TheStandard.io has taken the concept of the Collateralized Debt Position (CDP) from MakerDAO and made improvements to provide a more efficient, cost-effective, and stable decentralized lending solution. By allowing for multiple assets in one vault, asset swapping, a secondary marketplace for debt, and multiple currency outputs, TheStandard.io is set to revolutionize the decentralized lending industry.

🚀 Don't miss http://TheStandard.io
's initial minting event and mint $sEURO to get instant yields!

We are building the ability to swap assets inside smart vaults. Say goodbye to market fluctuations & hello to a new world of arbitrage and stability 📈

👉https://app.thestandard.io/stage1

Stablecoins and Central Bank Digital Currencies (CBDCs)
Central Bank Digital Currency (CBDC) is a type of digital currency issued by a central bank, which represents a digital form of a country’s fiat currency. CBDCs are designed to be a digital representation of physical currency, providing an efficient way to transfer funds, while also offering the potential for increased financial inclusion and reduced transaction costs. CBDCs can be either account-based or token-based, with account-based systems linking the digital currency to the holder’s bank account, and token-based systems using digital tokens that can be stored and transferred independently. CBDCs are a rapidly evolving area of central banking and digital finance, with many central banks around the world currently exploring the introduction of a CBDC.

DIFFERENCES BETWEEN CBDCS AND STABLECOINS
While both Central Bank Digital Currencies (CBDCs) and cryptocurrencies are digital currencies, there are some key differences between the two. Firstly, CBDCs are issued and backed by central banks, while cryptocurrencies are not. This means that CBDCs are legal tender and have the full faith and credit of the government behind them, whereas cryptocurrencies are decentralized and operate outside of government control. Secondly, CBDCs are typically designed to be used for payments and settlements within a country’s domestic financial system, whereas cryptocurrencies can be used for cross-border transactions and as a store of value. Finally, CBDCs are likely to be more closely regulated than cryptocurrencies, as central banks will be responsible for ensuring their stability and security. While both CBDCs and cryptocurrencies are part of the growing digital currency landscape, they have different origins, purposes, and potential implications for the future of money and finance.

POTENTIAL DANGERS OF CBDCS TO FINANCIAL FREEDOM
There are several potential dangers associated with Central Bank Digital Currencies (CBDCs) that could pose a threat to financial stability and individual privacy. Firstly, the introduction of CBDCs could lead to disintermediation, whereby central banks could directly compete with commercial banks, potentially destabilizing the financial system. Secondly, there are concerns about the power that central banks could wield over users of CBDCs, including the ability to monitor and control transactions. This could erode privacy and civil liberties, and enable government surveillance.

In the case of Alice sending money to Bob, transactions between bank A and bank B do not settle immediately. Instead, the total amount is collected at the end of the day and settled between the banks through the central bank. However, the central bank is not aware of the individual micro-transactions within the settlement amounts. Additionally, banks are contractually obligated to maintain user privacy, though government access can be granted with permission.

If all individuals held an account at a central bank with CBDCs, it would allow for complete visibility into microtransactions, giving rise to potentially harmful government/central bank control. This could include limiting the radius in which programmable money can be spent during a lockdown or reducing purchasing power on specific goods due to climate change, which may significantly impact an individual’s financial freedom.

Finally, the risk of cyber-attacks and system failures could be heightened by the centralization of CBDCs, as a single point of failure could lead to a widespread breakdown of the financial system. Decentralized stablecoins, on the other hand, operate on decentralized blockchain networks that are not controlled by any single entity, providing greater security, transparency, and privacy for users. By promoting the use of decentralized stablecoins, we can help to mitigate these risks and build a more resilient and democratic financial system that prioritizes the needs and interests of users.

STABLECOINS & THESTANDARD.IO
TheStandard.io as an overcollateralized and decentralized stablecoin will be an alternative to Central Bank Digital Currencies, due to its unique backing with rare assets such as precious metals and cryptocurrencies like BTC and ETH (therefore cannot be printed to inflation like fiat currency) and being decentralized. This allows for greater transparency and security, without sacrificing individual freedoms. By using this type of stablecoin, individuals can enjoy the benefits of digital currency while avoiding the potential risks that come with CBDCs.

While CBDCs are likely to have a significant impact on the digital currency landscape, it is unlikely that they will replace stablecoins altogether. This is because stablecoins such as TheStandard.io offer certain advantages that CBDCs will not replicate, such as cross-border compatibility and interoperability with decentralized blockchain networks. Also, decentralized stablecoins operate on permissionless, open-source blockchain networks that are resistant to censorship and central control, which provides users with greater privacy, security, and control over their funds (including owning custody of your assets). This is in contrast to CBDCs, which are issued and controlled by central banks and are subject to government regulation and surveillance.

SUMMARY
In summary, Central Bank Digital Currencies (CBDCs) and stablecoins are both digital currencies, but with different origins, purposes, and potential implications for the future of money and finance. While CBDCs have the potential to offer increased financial inclusion and reduced transaction costs, they also pose potential dangers to financial stability and individual privacy. On the other hand, decentralized stablecoins, such as TheStandard.io, offer greater transparency and security, without sacrificing individual freedoms, and are an alternative to CBDCs due to their unique backing with rare assets and decentralized nature. It is likely that both CBDCs and stablecoins will coexist in the digital currency ecosystem, with each serving different needs and use cases. Ultimately, the decentralized nature of stablecoins ensures that they will always have a function and provide users with an alternative to centralized, fiat-based financial systems.

HOW TO MINT OUR FIRST STABLECOIN sEURO
Don’t miss our initial minting event and mint sEURO to get instant yields.

We are building the ability to swap assets inside smart vaults. Say goodbye to market fluctuations & hello to a new world of arbitrage and stability!

Visit https://app.thestandard.io now to get started!

Check out thestandard.io for more details on how the IBCO works and instructions to do so.

RECENT MEDIA APPEARANCE
See our protocol lead Joshua Scigala in his recent interview with OJ Jordan on the Crypto Corner Youtube channel, discussing Bitcoin scaling, layer 2 solutions, and TheStandard.io

https://youtu.be/02x1kJX_s2g

Web3 Education
Stablecoins
Cbdcs
Banking
Inflation

🚀Maximize your financial opportunities with TheStandard.io.

Let inflation work for you, get a 0% interest loan and hold your rare assets such as #gold, and #bitcoin

No more re-negotiated rates, just financial freedom 📈

Get involved now👉https://app.thestandard.io

TheStandard.io- a decentralized stablecoin protocol backed by rare assets.

Lock up assets to mint stablecoins and earn yield through staking. Swap collateral types and pay off 0% loans using inflation to your advantage.

🚀 Join The Standard's initial minting event and earn yield by locking up assets and staking.

Get in early for discounts and be a part of the next-gen decentralized stablecoin ecosystem!

👉https://app.thestandard.io/

In regards to the matic blockchain token, which is not traded or rather delisted, what is the project's plan on getting it back to exchanges?
It is worrying that Defi coin has remained silent for a long time. I know the project has more than DEFI applications, but I am curious if they have another approach to DEFI that they believe gives a different result/

standard protocol has resumed trade on quickswap with its Matic blockchain
https://quickswap.exchange/#/swap?inputCurrency=0xe342ebb6a56cd3dbf0fe01a447fe367b9290ecf8&outputCurrency=0x2791bca1f2de4661ed88a30c99a7a9449aa84174
There are information of the coin getting listed on coinbase, which is great news to attract both partners and new investors
Coingecko; https://www.coingecko.com/en/coins/standard-token
Coinmarketmap; https://coinmarketcap.com/currencies/thestandard-io/

Huge pump based on this news, it is good that the tokens are back trading on Quickswap but the issue still remains the liquidity is still low, this would keep out investors that want to buy in size away, I just hope the team will do something about this, even some low cap project have liquidity better than what $TST has for now, but listing on Quickswap is a step in the right direction. If the CoinBase news come true this would be a game changer for this project

Regrettably, the trade for the coin on Quickswap does not seem to be visible on Coingecko at the moment. However, according to CoinMarketCap, the coin is being traded on other platforms such as Sushiswap, Pancakeswap, MM Finance Polygon, and Quickswap, although the liquidity is currently low on all these exchanges.

Stupid project. I guess where the fuck that raised money was going on? The team didn't even wanna try to use some money to add liquidity. I guess this was a scam project. It has been a long time since this one raised so much mney from the sale and what's now? 2k USD trade volume?

This token is so stupid. Meme token like pepe or milady have greater for volume than what they called as real company. Very bad project.

It is my belief that numerous investors are currently experiencing similar sentiments. However, what perplexes me is the assertion made on their Telegram channel that the team has yet to list on any exchange. In light of this, I am curious as to who is accountable for the current trading of the coin on various exchanges, as well as how Coingecko and CoinMarketCap have included it.