Standard Protocol Launches on LineaSponsored
Standard Protocol's debut on Linea champions a fairer, user-centric era for DeFi, driven by innovation and inclusivity.
By: Standard Protocol •Sponsored
In decentralized finance (DeFi), change is the only constant. With each twist and turn, the promise of a system that is more efficient, transparent, and user-empowering edges closer to realization. The latest illustration of this is Standard Protocol’s launch on the Linea network. This move serves as a testament to the pursuit of a DeFi landscape where innovation harmonizes with inclusivity.
Linea, like its contemporaries, is making its mark, standing as a beacon for both prominent and emerging projects within DeFi. Not just a passive participant in this whirlwind of change, Linea is actively shaping the future, creating pathways for innovation, and fostering meaningful collaborations.
Standard Protocol's venture onto Linea holds significant weight, particularly in light of their recent triumph at NAVHack23, ConsenSys' inaugural Global Virtual Hackathon in September 2023. Although Standard launched its initial decentralized offering (IDO) in April 2021 on Ethereum, it's noteworthy that Standard Protocol has been diligently building throughout this bear market, poised to make a substantial impact and pave the way for future innovation in the sector. Under the leadership of Hyungsuk Kang, a distinguished founder and developer with notable affiliations to industry titans like Aurora Labs, Polkadot, Parallel Finance, and Samsung, the protocol boasts a robust reputation.
Kang's commitment to establishing unwavering standards in the crypto world is profound. Beyond introducing new technologies, his vision extends to pioneering fairness throughout the industry.
"Standard Protocol's Linea soft launch heralds a new era in DeFi, where users become the standard. Together, we'll forge the foundations for DeFi, centered on principles of fairness, transparency, and individual empowerment. This initiative aims to reduce reliance on intermediaries, putting control firmly in the hands of our community." - Hyungsuk Kang.
A Deeper Dive into Standard Protocol
Standard Protocol offers an array of decentralized financial services, including a DEX, instant swaps, seamless on/off-ramps, and a comprehensive Web3 platform. Distinctive features include:
- No Listing Fees
- Direct Trading with No Impermanent Loss
- Limit Orders
- No Time-Based Emissions
- Standard Rewards
- Global Asset Access via onramp across 30+ networks.
$STND: The Heart of Standard Protocol
Serving as the linchpin of Standard Protocol, $STND offers its holders unique membership privileges, mirroring the concept of digital citizenship. The token functions as a digital economy index, with its total supply capped at 100,000,000 tokens, guaranteeing stability and transparency.
For those keen on delving deeper into the token's intricate details and its incentive system, click to view Standard’s Documentation.
Roadmap and Upcoming Milestone
2023 has been a landmark year for Standard Protocol, marked by significant achievements such as the Ambassador Program's successful launch and participation in NAVHack23. With the upcoming soft launch on Linea slated for October 6th, 2023, the future looks bright.
Interested readers can glean more insights from the detailed Roadmap.
A Token of Appreciation: Launch Promotions
In a bid to celebrate its milestones, Standard Protocol has rolled out two promotions.
- All ambassadors and beta testers are eligible for a complimentary Standard Protocol subscription.
- Furthermore, a contest beckons creativity, where a captivating 4-minute explainer video can win participants a whopping 1000 USDT.
For a comprehensive understanding of the promotions, readers are directed to view our Twitter account for details: https://twitter.com/standardweb3
Linea is an Ethereum-equivalent zkEVM network that's developer-ready and harnesses the power of zero-knowledge technology and rollups. It distinguishes itself with advanced features, including quantum-resistant lattice-based cryptography and its Canonical Messaging Service (CMS).
About Standard Protocol:
Standard Protocol represents the future of decentralized finance (DeFi). Our platform empowers individuals with self-sovereign finances and offers a suite of decentralized applications (apps) that leverage blockchain technology to provide a wide array of financial services. We believe in fairness, transparency, and inclusivity, and our mission is to create a decentralized and inclusive financial ecosystem that benefits all participants.
To learn more visit: https://www.standardweb3.com/