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Standard Protocol Price (STND)
$0.04700773
0.92%
Rank #1727
Standard Protocol Price Chart (STND/USD)
Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 |
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STND / USDT | $0.02258029 | 0.50% | $12,285 | |
2 |
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STND / ETH | $0.02085181 | 2.01% | $4,578 | |
3 |
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STND / USDT | $0.02226130 | 1.12% | $4,220 | |
4 |
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STND / ETH | $0.02113908 | 1.70% | $1,914 | |
5 |
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STND / USDT | $0.02415617 | 3.38% | $918 | |
6 |
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STND / USDT | $0.01265749 | 0.96% | $136 | |
7 |
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STND / KRW | $0.00731470 | 2.93% | $794 |
STND Price Statistics
$0
24H Range
$0
- Standard Protocol Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $164,483
- Market Cap Rank #1720
- Market Cap $1,324,521
- Volume / Market Cap 0.1242
-
All-Time High
$3 -98.46%
May 14, 2021 -
All-Time Low
$0 62.03%
May 12, 2022
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Standard Protocol: A Revolutionary Cryptocurrency
Introduction
Standard Protocol is an innovative cryptocurrency that is set to disrupt the digital financial ecosystem. With its robust and secure blockchain infrastructure, Standard Protocol offers users a reliable platform for decentralized finance (DeFi) solutions. Let's delve deeper into the features and functionalities that make this cryptocurrency a game-changer.
Key Features
Standard Protocol stands out in the crypto market thanks to its unique characteristics:1.
Decentralization: Standard Protocol operates on a decentralized network, ensuring that no central authority has control over the system. This means that users have complete control and ownership of their funds, eliminating the need for intermediaries and increasing transparency.2.
Interoperability: Standard Protocol enables seamless interactions between different blockchain networks. It achieves this by using cross-chain technology, bridging the gaps and promoting compatibility among various decentralized applications (dApps).3.
Stability: By utilizing a reserve pool of stablecoins, Standard Protocol provides stability to its ecosystem. This stability mechanism helps to safeguard against excessive volatility often associated with cryptocurrencies, making Standard Protocol an attractive option for risk-averse investors.4.
Security: Standard Protocol's blockchain is built with security as a top priority. Through robust encryption protocols and decentralized validation, the network ensures that user transactions and data remain protected from potential security breaches.
Use Cases
Standard Protocol holds immense potential for a wide range of applications within the decentralized finance space, including:1.
Lending and borrowing: Users can utilize Standard Protocol to access decentralized lending and borrowing services. This allows individuals to earn interest on their assets or borrow capital without the need for traditional financial intermediaries.2.
Stablecoin governance: Standard Protocol empowers users to participate in the governance and decision-making processes of its stablecoin ecosystem. This democratic approach ensures that all participants have a say in the decision-making process, making it a truly community-driven project.3.
Cross-chain liquidity: Standard Protocol's cross-chain infrastructure enables the seamless movement of assets between different blockchain networks. This unlocks liquidity across various platforms, facilitating improved liquidity management and resource allocation for users.
Conclusion
Standard Protocol's revolutionary approach to cryptocurrency paves the way for the future of decentralized finance. By combining decentralization, interoperability, stability, and security, Standard Protocol addresses the limitations of traditional financial systems and offers a viable alternative for users seeking a decentralized and inclusive financial ecosystem. With its diverse range of use cases, Standard Protocol is poised to play a pivotal role in the evolution of the cryptocurrency market.