Standard Protocol is a Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets operating across the Polkadot ecosystem. When the price of these assets within the Standard Protocol ecosystem increases, the token price will also appreciate. New tokens are then issued and distributed to the seigniorage pool, in order to maintain the peg of 1 USD.
Standard Protocol is airdropping 5000 StandardDefi Tokens to 50 random users. Each winner will receive $50 in STND. Follow our step guide to participate.