[On your MARK, Get Set, Meme!]

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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. 000000000000000000000000000000000000000000000000000000 The DeFi space needs a collateral utility that retains its efficacy and increases inherent, baseline liquidity during periods of high volatility.

.On your MARK, Get Set, Meme!.

We are bringing the people what they want in our first ever social media contest!
Prizes total up to 2000 MARK tokens.

───── The Rundown ─────

00000000000000000000000000000000000000000000000000000000000000000000000000 1. Our contest commences on January 11th @Benchmark_DeFi. 2. Limit to 3 submissions per entry. 3. The contest will run for 15 days and results will be posted on our twitter shortly thereafter. 4. At the end of the 15 days, our internal Benchmark team will choose the 10 best memes. Then, our Telegram community will vote for their favorite. 5. The top 5 entries will win MARK tokens. Tokens will be distributed one week after winners are announced.

───── Rules ─────

To be eligible for this contest, users need to: 00000000000000000000000000000000000000000000000000000000000000000000000000 1. Sign up for the meme contest by filling out this Google Form 2. Follow @Benchmark_DeFi on Twitter 3. Join our Telegram Community and Discord Community 4. Once you have created your meme(s), publish it on your twitter and include: #Benchmarkprotocol #Benchmarkmemewar #Benchmark and $MARK. 5. The Benchmark team will check all the submitted memes with this hashtag- so make sure your twitter is open for public viewing and is not in private mode during the contest.

*Memes must be about Benchmark Protocol and not it’s team members.

───── Prizes ─────

The 5 memes with the most votes will win 2000 MARK Tokens, respectively.
The payout breaks down as follows:

Place 00000 1st 2nd 3rd 4th 5th

Reward 0000000000 1300 $MARK 350 $MARK 150 $MARK 100 $MARK 100 $MARK

[About Benchmark Protocol]

.About Benchmark Protocol.
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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).

Liquidity 0000000000000000000000000000000000 Spikes in the VIX increase token supply in the Benchmark Protocol. This correlation in activity reduces the impact of liquidity events.

.Global Impact.
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The MARK Token augments supply based on the Special Drawing Rights (SDR).
The SDR is a composite international reserve asset, comprised of the
U.S. Dollar, Euro, Great British Pound, Chinese Yuan, and Japanese Yen.

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SDR Breakdown 0000000000000000000000000000

.An Uncorrelated Asset.
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Collateral needs Liquidity The Benchmark token (MARK) is a supply-elastic, collateral utility designed to inject liquidity during periods of high volatility in correlation with global equities markets. 000000000000000000000000000000000000000000000000000000000000000 Liquidity needs Collateral When the MARK token reaches the yield phase, the network is capitalized and utilized to assume quasi-steady state conditions. The implied value of the MARK token is its yield-bearing value arising from its collateral utility.

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.Non-Dilutive.
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Your Network Share: Holders of MARK tokens always maintain their equity stake, or share of the Network, in the Benchmark Protocol no matter what conditions strike the markets. 00000000000000000000000000000000000000000000000 The Enterprise: Benchmark Protocol Network Exposure is always Non-Dilutive.

.Network Security.
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00000000000000000000000 Audited 0000000000000000000000000 The Benchmark Protocol Smart Contract has been audited by "CertiK". .View here.

Secured 000000000000000000000 We incentivize researchers with bug bounties to audit our software.

Tested 0000000000000000000000 Our software is routinely tested with the help of the developer community.

.Partners and Collaborators.
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.Social Media.
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.Important Links.
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