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1  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🔥 [BOUNTY] Benchmark Protocol Meme War: Earn your $MARK 🔥 on: January 14, 2021, 02:35:20 PM
Sign up for the meme contest by filling out this Google Form. Where is your google form located?


Hey, sorry about that. It is now hyperlinked.
2  Alternate cryptocurrencies / Bounties (Altcoins) / 🔥 [BOUNTY] Benchmark Protocol Meme War: Earn your $MARK 🔥 on: January 13, 2021, 11:25:13 AM

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.
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 ─────
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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

3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔥 [ANN] Benchmark Protocol: Supply Elastic Collateral and Hedging Device 🔥 on: January 11, 2021, 04:01:10 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
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔥 [ANN] Benchmark Protocol: Supply Elastic Collateral and Hedging Device 🔥 on: December 28, 2020, 05:58:24 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.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔥 [ANN] Benchmark Protocol: Supply Elastic Collateral and Hedging Device 🔥 on: December 23, 2020, 03:52:14 PM
Reserved for updates!
6  Alternate cryptocurrencies / Announcements (Altcoins) / 🔥 [ANN] Benchmark Protocol: Supply Elastic Collateral and Hedging Device 🔥 on: December 23, 2020, 03:28:58 PM


.About Benchmark Protocol.
▬▬▬▬▬▬▬▬▬
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
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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.
▬▬▬▬▬

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.

000000000000000000000000000000000000

         

SDR Breakdown
0000000000000000000000000000

.An Uncorrelated Asset.
▬▬▬▬▬▬▬▬




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.

000000000000000000000000000000
.Non-Dilutive.
▬▬▬▬▬

00000000000000000000000000
 

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.
▬▬▬▬▬


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.
▬▬▬▬▬▬▬▬▬▬

               

       




.Social Media.
▬▬▬▬

       

.Important Links.
▬▬▬▬

     

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