${ project.category.slug }

${ project.token } (${ project.short_token }) #${ project.rank }

${ project.name }

profile-image

@${ project.slug }

$${ project.price }

${ project.price_btc } BTC

Socials
Explorers
${explorer.short}
MarketCap $ ${ project.market_cap }
Volume(24h) $ ${ project.volume_24 }
Circulating Supply ${ project.circulating_supply } ${ project.short_token }
Total Supply ${ project.total_supply } ${ project.short_token }
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About the project

Benchmark Protocol mitigates liquidation events and hedges risk with the MARK token; a supply elastic, stablecoin-alternative that connects traditional capital markets to DeFi. 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. The DeFi space needs a collateral utility that retains its efficacy and increases inherent, baseline liquidity during periods of high volatility.

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ICO

This project has not added information about ICO (Initial coin offering)
$48 080.06 $3 273.02
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