Ivan Shares Benchmark Protocol as a Hidden Gem

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.

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