Partnership with TheStandard Brings TST and EUROs to Lynx
Lynx is happy to announce its collaboration with TheStandard on Arbitrum, and the listing of both their TST and EUROs tokens as collateral assets on Lynx.
- New Token Listing: TST and EUROs
- Partner Protocol: TheStandard
- Supported Chain: Arbitrum
TST, short for TheStandard Token, serves as the governance token of TheStandard.io protocol. It plays a central role in governing the ecosystem and has various utilities, but one of its most intriguing aspects is its deflationary nature.
The EUROs is an over-collateralized stablecoin pegged to the value of the Euro, aiming to maintain a stable price regardless of crypto market fluctuations.
Details of the Integration
Listing TST and EUROs as collateral assets on Lynx brings new utility to the tokens. Users who hold TST and EUROs can now trade perps using their TST and EUROs as collateral, offering them exposure to various alternative assets without needing to sell any of their token holdings.
Holders of TST and EUROs can open long/short positions with up to 100x leverage on BTC/USD, ETH/USD, and other tradeable instruments. Stay tuned as new tradeable instruments are always being added!
List Your Token Today
Do you have a token that you want to see on Lynx? Join the Lynx ecosystem and get your token listed as a collateral asset — it’s quick, free, and requires no effort. Reach out to learn more about the listing process today!
About TheStandard
TheStandard is an Arbitrum-native CDP protocol designed for borrower flexibility. Users on TheStandard can mint stablecoins against their collateralized assets and enjoy 0% interest borrowing, emphasizing user empowerment and asset control.
At the core of TheStandard.io are Smart Vaults, designed to securely manage your collateralized assets. These vaults provide the flexibility to adjust your collateral without impacting your borrowing status, offering a secure and innovative approach to DeFi Borrowing.
- Official Website: https://www.thestandard.io/
- Twitter: https://twitter.com/thestandard_io
- Discord: https://discord.com/invite/THWyBQ4RzQ
- Blog: https://www.thestandard.io/blog
About Lynx
Lynx is an advanced decentralized perpetuals exchange offering high-leverage trading on crypto, forex, and commodities using any ERC-20 token as collateral. Through Lynx, token holders can utilize their favorite tokens — from governance tokens and LSTs to yield-bearing assets and stablecoins — to gain exposure to other assets without ever selling their holdings.
Lynx introduces gasless trading to a growing number of chains. Using omnichain liquidity pools, Lynx can easily extend support to additional chains while offering immediate access to deep trading liquidity. By applying its liquidity to all chains, Lynx maximizes trading volumes and fees per dollar of liquidity deposited.
- Official Website: https://www.lynx.finance/
- Twitter: https://twitter.com/Lynx_Protocol
- Discord: https://discord.gg/DTcw3rT28J
- Medium: https://medium.com/lynx-finance
