Ad
MARK Benchmark Protocol
MARK Price
$1.06229
-0.02% Market Cap
$456.41K
24H Volume
$539
Circ Supply
429.64K
Benchmark Protocol Info
The Benchmark Protocol is an Uncorrelated, Liquid, VIX-denominated Collateral Utility. The protocol is a rules-based, supply-elastic collateral utility that adjusts supply based on 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.
Benchmark Protocol Organization & Team
David Mass
Inventor
Harrison Woytko
Founder
Meir Bank
CTO
Benchmark Protocol Intel
Powered by
IntoTheBlockAll images, branding and wording is copyright of Benchmark Protocol. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.