Standard Protocol is Polkadot's stablecoin for synthetic assets, building a new paradigm for a liquidity aggregation platform. Unlike most existing algorithmic stablecoins, Standard rebases its stablecoin supply in each era. It will act as the catalyst for other parachains' financial activities, enabling leverage trading and arbitrage in AMM created from liquidation. It will also open a protocol for a synthetic asset market with a decentralized oracle ecosystem.
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