The Standard
The Standard The Standard Token (TST) is a utility token central to The Standard Protocol, a cutting-edge DeFi lending platform. TST offers features such as earning a share of minting and burning fees, providing ongoing rewards for users involved in loans globally. TST holders also enjoy a 10% discount on exclusive access to liquidated assets, enhancing the token's value proposition. The utility of TST extends to various platform functions, including collateral alarms, trading locked collateral, and enabling the sale of smart vaults as NFTs. The use of TST in these functionalities results in token burning, contributing to its scarcity and long-term sustainability. Functioning as a governance token, TST empowers holders to actively participate in shaping the platform's future. This community-driven approach ensures alignment with user interests and ongoing innovation in the dynamic DeFi landscape. TST holders are motivated by staking rewards, distributed from protoco...