Benchmark Protocol is a #DeFi (Decentralized Finance) protocol that connects traditional financial markets to DeFi markets. The protocol is a rules-based, non-dilutive, supply-elastic collateral utility that also acts as a hedging device. Supply is adjusted based on the Volatility Indexes (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. #Ethereum #Cryptocurrency
Learn more and follow Benchmark here:
Twitter: https://twitter.com/benchmark_defi
Medium: https://medium.com/benchmarkprotocol
Reddit: https://www.reddit.com/r/BenchmarkProtocol/
Telegram: https://t.me/joinchat/Tt7sw00qqNnEWLIOzmYQ_w
Discord: https://discord.com/invite/HcxAEaHG3X
Thanks to the benchmark protocol team for sponsoring this video.
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Join my lounges to hang out and talk about general crypto stuff! For Business, inquiries drop an email to Liteliger@protonmail.com and ill get back to you in 24h
➜ Discord - https://discord.gg/MMEnf2c
➜ Telegram - https://t.me/Ligerlounge
➜ Merch - https://teespring.com/stores/crypto-citadel-clothing
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. #Ethereum #Cryptocurrency
Learn more and follow Benchmark here:
Twitter: https://twitter.com/benchmark_defi
Medium: https://medium.com/benchmarkprotocol
Reddit: https://www.reddit.com/r/BenchmarkProtocol/
Telegram: https://t.me/joinchat/Tt7sw00qqNnEWLIOzmYQ_w
Discord: https://discord.com/invite/HcxAEaHG3X
Thanks to the benchmark protocol team for sponsoring this video.
---------------------------------------------------------------------------
Join my lounges to hang out and talk about general crypto stuff! For Business, inquiries drop an email to Liteliger@protonmail.com and ill get back to you in 24h
➜ Discord - https://discord.gg/MMEnf2c
➜ Telegram - https://t.me/Ligerlounge
➜ Merch - https://teespring.com/stores/crypto-citadel-clothing
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