Standard Protocol (STND)

IDO

Last updated: Nov 28, 2022

Standard Protocol is a Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets operating across the Polkadot ecosystem.

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Overview

Project industry	Blockchain Infrastructure
Product type	Protocol
Founded	Korea, Republic of
Whitepaper	Open

What is Standard Protocol

Empowered by its interoperable DAO ecosystem, Standard Protocol empowers its user with full control over its monetary system through a multichain DEX, a decentralized Oracle and a non-reserve design for CDP using NFT.

Standard Protocol also a recipient of the Polkadot Web3 Foundation Grant, Polygon DefiForAll Fund and Shiden Network Builders Program Grant.

Standard Protocol strives to innovate as the next-generation digital settlement currency, and prides itself on its global movement to financial self-sovereignty.

Details

IDO (Polkastarter Launchpad): Apr 29, 2021 - Apr 29, 2021
Pre-sale token supply: 20,000,000 STND
Token supply: 100,000,000 STND
Total tokens for sale: 21,300,000 STND
Soft cap: 3,580,000 USD
Raised: 3,580,000 USD

Legal

Blockchain Platform: Polkadot
Registration country: Korea, Republic of
Registration year: 2022

Token info

Ticker: STND
Type: Utility-token
Token price in USD: 1 STND = 0,25 USD
Token distribution:
5% - Seed round
5% - Strategic partners
10% - Private round
1,3% - Public IDO
3% - Ecosystem Part
10% - Team
4,7% - Marketing
6% - Community Inc
4% - Crown Loan
4% - Community dev
2% - Validator
30% - Yield Farming
15% - Foundation