CryptoCurrencies
15462
 Total Market Cap
3,413,142,071,780
 Volume 24h
446,835,394,760
 Dominance
BTC 56.34%   ETH 11.75%   USDT 3.81%   SOL 3.53%

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TheStandard USD
USDS

0.9975
$
0.45 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 4250.6
Total Supply
100,002
USDS
$

Description

TheStandard.io is a decentralized finance protocol focused on 0% interest borrowing and stablecoin issuance. USDs, a USD-pegged stablecoin, is central to the protocol, supported by an over-collateralization model with a minimum requirement of 110%. Users can maintain control of their assets while earning yield through V3 concentrated liquidity pools on decentralized exchanges. The platform's key features include multi-collateral vaults, dynamic NFTs representing vaults, and the ability to trade locked collateral without closing positions. These features aim to provide users with flexibility in managing their borrowing and collateral strategies. USDs' stability is maintained through a global borrowing limit and a robust liquidation mechanism designed to safeguard the system.