Benchmark Protocol is a supply elastic collateral and hedging device that revolves around the volatility index. Their token MARK allows for staking, governance voting, and yield farming via their incentivized liquidity pools.
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Ivan Shares Benchmark Protocol as a Hidden Gem | Ivan on Tech
Welcome to Watch Crypto! In this video, Ivan talks about Benchmark Protocol (MARK), along with Elrond (EGLD), and YFDai (YF-Dai).
Benchmark Protocol is a supply elastic collateral and hedging device that revolves around the volatility index. Their token MARK allows for staking, governance voting, and yield farming via their incentivized liquidity pools.
Recent Benchmark Protocol news:
Benchmark Protocol has announced the development of The Benchmark Marketplace, a lender-driven exchange for loan offerings. Borrowers can choose from different loan structures and receive a loan proportional to the provided collateral. The Marketplace is scheduled to be released in Q1 of 2021.
One of the first integrations will be a partnership with ForTube (FOR), one of the top DeFi lending platforms. FOR will be featured as one of the tokens to be whitelisted in the Benchmark Marketplace according to Benchmarks medium post.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.
Benchmark Protocol launches New Rebasing Token W/ Staking & DeFi Farming | by Voskcoin
Benchmark Protocol launched their MARK token, a crypto DeFi token on Ethereum made that you can stake, liquidity mine, and yield farm AND it's a rebasing token?! Let's review MARK token! View more from Voskcoin.
Benchmark Protocol is a supply elastic collateral and hedging device that revolves around the volatility index and their DeFi crypto token MARK which allows for staking, governance voting, and yield farming via their incentivized liquidity pools!
MARK tokens rebase, similar to Ampleforth and Yam Finance, however, MARK tokens are not pegged to the US dollar, Benchmark MARK tokens augment supply based on the Special Drawing Rights SDR which is a composite international reserve asset comprised of the US dollar, Euro, Great British Pound, Chinese Yuan, and the Japanese Yen.
So let's review Benchmark Protocol and if their MARK tokens will allow them to standout in this cryptocurrency bullrun largely revolving around decentralized finance!
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.
Benchmark Protocol is a supply elastic collateral and hedging device, driven by the volatility index. In laymen's terms... Benchmark Protocol aims to be an uncorrelated hedge play that can be used to combat the price volatility in the crypto markets.
The Benchmark 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.
The DeFi space needs a collateral utility that retains its efficacy and increases inherent, baseline liquidity during periods of high volatility.
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.
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.
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.
Stability
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
When S&P 500 Futures react to implied volatility, collateralized utilities undergo supply shock in parallel to the CBOE Volatility Index (VIX).
Liquidity
pikes in the VIX increase token supply in the Benchmark Protocol. This correlation in activity reduces the impact of liquidity events.
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Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.
Benchmark Protocol is a Supply Elastic Collateral and Hedging Device, Driven by the Volatility Index.
The Benchmark 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. The DeFi space needs a collateral utility that retains its efficacy and increases inherent, baseline liquidity during periods of high volatility.
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.
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.
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.
An Overview
Benchmark Protocol is uncorrelated to crypto market price movements, making it an ideal hedge.
Stability
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
When S&P 500 Futures react to implied volatility, collateralized utilities undergo supply shock in parallel to the CBOE Volatility Index (VIX).
Liquidity
pikes in the VIX increase token supply in the Benchmark Protocol. This correlation in activity reduces the impact of liquidity events.
Milestones and Roadmap
Deploy to Testnet for Protocol Validation and Verification
Complete Formal Methods Audit of the Benchmark Protocol Smart Contract by "CertiK"
Deploy Audited Protocol Contracts to Ethereum Mainnet
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.
