Benchmark Protocol Announces Appointment of Chief Operating Officer
Benchmark Protocol is thrilled to announce the appointment of Kurt Uhler as Chief Operating Officer (COO). Kurt Uhler brings in a wealth of experience to Benchmark Protocol, with over 13 years of leadership experience and a deep background in finance, capital markets and valuation.
Mr. Uhler currently serves as Managing Director for a large financial advisory firm, where he plays an instrumental role in strategic outlook and is a key driver of overall business growth. Mr. Uhler has been with the firm since 2007, where he served in various senior roles in business development, practice oversight, strategy and industry leading real estate/financial advisory. Mr. Uhler holds a B.S Degree in Business Administration, with dual concentrations in corporate finance and real estate finance from the prestigious University of Southern California.
“I have been very interested in blockchain technology for a number of years, and am incredibly excited to join the Benchmark Protocol team,” Mr. Uhler said. “I look forward to working closely with our exceptional leadership team. Together, we plan to take Benchmark Protocol to the next phase of growth.”
“We are extremely pleased that Kurt Uhler has joined Benchmark Protocol as our COO. His experience in financial markets and expertise in developing partnerships will be key in driving the business forward. I look forward to working with him, as the DeFi sector and Benchmark Protocol continues to grow,” said Harrison Woytko, Founder of Benchmark Protocol.
About Benchmark Protocol
Benchmark Protocol is a Supply Elastic Collateral and Hedging Device, Driven by the Volatility Index. 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.
Benchmark is built on the Ethereum blockchain. The MARK token is the native asset in the Benchmark network and provides only the utility value available to it through the Benchmark network.