The Standard Token
(TST) is a versatile governance token associated with TheStandard, a cutting-edge decentralized finance (DeFi) platform.
TST plays a pivotal role in the ecosystem, enabling holders to participate in protocol governance, access exclusive features, and earn rewards that come from all fees paid into the protocol when they borrow and payback. As an integral part of TheStandard's over-collateralized stablecoin protocol, TST supports multiple stablecoins pegged to various fiat currencies, commodities, as well as stocks . By leveraging Polygon Matic zk rollups, TST ensures a secure and scalable infrastructure for DeFi lending and borrowing.
During launch events for new stablecoins into TheStandard, TST holders can also stake their tokens to earn a strong yield. This yield-generation feature attracts users seeking to maximize their earnings in the DeFi space.
TST tokens grant access to unique features such as smart vault alarms, trading locked collateral, selling debt as NFTs, auto stop loss, multiply vaults, and auto trading collateral. Users can unlock these functionalities by paying a small amount of TST, which will be burned, creating a deflationary effect.
In summary, The Standard Token
(TST) is a powerful and feature-rich governance token, central to the operation & growth of TheStandard.io DeFi lending platform. Its multiple use cases, from protocol governance to feature unlocking, make it an attractive asset for users seeking a comprehensive DeFi experience. Visit
https://www.thestandard.io/whitepaper to learn more about the project. Thanks.