Altcoins Talks - Cryptocurrency Forum

Learning & News => Announcements [ANN] => Topic started by: cryptodemystified on December 23, 2020, 04:38:27 PM

Title: 🔥 [ANN] Benchmark Protocol: Supply Elastic Collateral and Hedging Device 🔥
Post by: cryptodemystified on December 23, 2020, 04:38:27 PM
(https://i.imgur.com/SIAy7Pu.png) (https://benchmarkprotocol.finance/)

About Benchmark Protocol
▬▬▬▬▬▬▬▬▬
00000000000000000000000
(https://i.imgur.com/Qf7pr7J.gif)
   
Benchmark Protocol is a Supply Elastic Collateral and Hedging Device,
Driven by the Volatility Index. The 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.
000000000000000000000000000000000000000000000000000000000000
The DeFi space needs a collateral utility that retains its efficacy and
increases inherent, baseline liquidity during periods of high volatility.

Benchmark Protocol is uncorrelated to crypto market price movements, making it an ideal hedge.

(https://i.imgur.com/grwoOcG.png)
0000000000000000000
Stability
0000000000000000000000000000000000
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).
     


(https://i.imgur.com/XRo6D3d.png)

Supply
0000000000000000000000000000000000
When S&P 500 Futures react to
implied volatility, collateralized
utilities undergo supply shock in
parallel to the CBOE Volatility
Index (VIX).
     
(https://i.imgur.com/gud3x1G.png)

Liquidity
0000000000000000000000000000000000
Spikes in the VIX increase token
supply in the Benchmark Protocol.
This correlation in activity reduces
the impact of liquidity events.

Global Impact
▬▬▬▬▬

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.

000000000000000000000000000000000000
(https://i.imgur.com/zO5LOlm.gif)
         

SDR Breakdown
0000000000000000000000000000
(https://i.imgur.com/qjjgXBr.png)

An Uncorrelated Asset
▬▬▬▬▬▬▬▬




Collateral needs Liquidity
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.
000000000000000000000000000000000000000000000000000000000000000
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.
(https://i.imgur.com/ofvQOsh.gif)
000000000000000000000000000000
Non-Dilutive
▬▬▬▬▬
(https://i.imgur.com/umcJG72.gif)
00000000000000000000000000
   


Your Network Share:
Holders of MARK tokens always maintain their equity stake, or share of the
Network, in the Benchmark Protocol no matter what conditions strike the
markets.
00000000000000000000000000000000000000000000000
The Enterprise:
Benchmark Protocol Network Exposure is always Non-Dilutive.
Network Security
▬▬▬▬▬

(https://i.imgur.com/stx2mgu.png)
00000000000000000000000
Audited
0000000000000000000000000
The Benchmark Protocol
Smart Contract has been
audited by "CertiK".
.View here. (https://github.com/benchmarkprotocol/benchmark-audits/blob/main/CertiK%2BAudit%2BReport%2Bfor%2BBenchmark%2BProtocol.pdf)
     


(https://i.imgur.com/XZt7Y28.png)

Secured
000000000000000000000
We incentivize
researchers with bug
bounties to audit
our software.
     
(https://i.imgur.com/mZyaBHM.png)

Tested
0000000000000000000000
Our software is routinely
tested with the help of the
developer community.

Partners and Collaborators
▬▬▬▬▬▬▬▬▬▬

(https://i.imgur.com/qgvdZW2.png) (https://www.theinovogroup.com/)      (https://i.imgur.com/DaVKbLF.png) (https://certik.io/)      (https://i.imgur.com/xLCBL9m.png) (https://bzx.network/)     (https://i.imgur.com/yFJ0PtF.png) (https://fulcrum.trade/)

(https://i.imgur.com/jxfKjTO.png) (https://torque.loans/)     (https://i.imgur.com/c9fHNlX.png) (https://renproject.io/)     (https://i.imgur.com/hqOjlwf.png) (https://solana.com/)

(https://i.imgur.com/BHR1XjW.png) (https://www.elastos.org//)


Social Media
▬▬▬▬

(https://i.imgur.com/KN9pMqW.png) (https://github.com/benchmarkprotocol)   (https://i.imgur.com/Sh26Z5o.png) (https://twitter.com/benchmark_defi?s=21)   (https://i.imgur.com/US9zsfZ.png) (https://discord.com/invite/HcxAEaHG3X)   (https://i.imgur.com/zzCVshm.png) (https://t.me/joinchat/Tt7sw00qqNnEWLIOzmYQ_w)   (https://i.imgur.com/Ma0W3xI.png) (https://medium.com/benchmarkprotocol)

Important Links
▬▬▬▬

(https://i.imgur.com/I7mlwI7.png) (https://drive.google.com/file/d/1dhjSWD0F6HX779K4-f4rcbEoan2bP57r/view?usp=sharing)   (https://i.imgur.com/n07TBg4.png) (https://drive.google.com/file/d/1h3TJA3XSDWPIdyFXoBMp-2i2ngfiLX-q/view?usp=sharing)   (https://i.imgur.com/XTfdkzK.png) (https://launchpad.benchmarkprotocol.finance/)   (https://i.imgur.com/9mOCtpj.png) (https://benchmarkprotocol.finance/contact)

WHITEPAPER (https://drive.google.com/file/d/1dhjSWD0F6HX779K4-f4rcbEoan2bP57r/view?usp=sharing) | LITEPAPER (https://drive.google.com/file/d/1h3TJA3XSDWPIdyFXoBMp-2i2ngfiLX-q/view?usp=sharing) | LAUNCHPAD (https://launchpad.benchmarkprotocol.finance/) | CONTACT (https://benchmarkprotocol.finance/contact)