Standard Protocol is bringing its Web3.0 Stablecoin, USM to CLV
We are very excited to announce a partnership with Standard Protocol’s USM, the first decentralized, self-sovereign, collateralized stablecoin that embraces and visions the truly decentralized form of Web3.0. The latest collaboration marks a further step in our strategic partnership with Standard Protocol.
The Standard Protocol’s MeterUSD ($USM) Stablecoin delivers solutions to the volatility of the Crypto space. Stablecoin ecosystems face a number of challenges, including conditional ownership, reserved funds, and the inability to endure a bear market. USM is designed to address these problems with NFT and Collateral Liquidation on AMM. USM is a self-sovereign, non-reserve Web 3.0 stablecoin that will enable users to easily participate and eliminate reflexivity with real benefit.
Standard Protocol + CLV Chain = ❤️
The CLV Chain will be integrated into Standard’s flagship product USM to bring a first self-sovereign, non-reserve stablecoin that truly meets the needs of web 3.0 to the Polkadot Ecosystem. Standard Protocol will be able to add CLV tokens to its DEX through the integration. CLV Chain’s addition will possibly more than double the current volume of Standard Protocols DEX.
Standard Protocol will also allow CLV Chain users to access Vaults and Borrow assets, as well as increase the number of farming pools.
Clover and Standard Protocol believe in the Web3 future. With CLV Chain integration, it will support the expansion in the near future and enable Standard to deliver a seamless cross-chain experience to our community. The CLV chain integration enables Standard’s USM to venture into the web of the future and enable cross-chain expansion.
About Standard Protocol
Standard Protocol is building a Self-sovereign economy to fix insolvencies in current decentralized finance, revolving around its stablecoin MTR. It has been granted with the #DefiForAll Fund from Polygon and is also the first and only project from Korea to be awarded a Polkadot Web3 Foundation grant and prides itself on its global community growth approach.
Learn more about Standard Protocol: Telegram (Community) | Telegram(Announcements) | Twitter | Discord | Clubhouse | Website | Whitepaper
About CLV
CLV (previously Clover Finance) is a one-stop infrastructure platform for cross-chain and decentralized applications.
The CLV chain is a Substrate-based specialized Layer 1 chain that is EVM compatible and cross-chain interoperable. The CLV wallet is a multi-chain all-in-one wallet, for Day-to-Day, DeFi, and Gaming purposes.
Featured by Coinlist as one of the most noteworthy projects in 2021 and backed by major industry institutions such as Polychain Capital, Alameda Research, Huobi and OKex’s Ventures Arm, with our multi-dimensional products lineup, CLV uniquely positioned itself as “Passport to the Omniverse”.
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