Standard Protocol’s March Recap
Charting a Course of Innovation and Expansion with significant achievements and strategic DeFi ecosystem growth.
In March 2024, Standard Protocol spearheaded significant transformations following our successful launches on Linea, Mode, and Blast networks. To conclude the first quarter of 2024, we introduced our strategic expansion plan aimed at fostering a dynamic, AI-enhanced, and inclusive DeFi trading ecosystem. Key milestones included gaining industry recognitions, acceptance into the Atrium Academy Incubator Program, launching groundbreaking initiatives, and a deepened commitment to engaging our community
This recap offers insights into the milestones achieved in March and previews the promising developments we are working toward for the rest of 2024.
Key Updates:
Launch on Blast Network
- Marked a significant milestone with the launch into Blast Network, enhancing our ecosystem’s scalability and efficiency. This strategic move into a leading Ethereum Layer 2 solution gives users swift transactions, reduced fees, and innovative features like native yield on ETH and stablecoins, propelling us further in our mission to democratize DeFi access.
Award-Winning Recognition for Innovation
- Standard Protocol & StandardX were awarded for their pioneering use of on-chain ecosystems and AI-powered trading tools at ETHSeoul 2024. The accolades include the “First Prize for Best Use Case of Neon EVM” and “Best Project in the Injective EVM Bounty Program,” underscoring our commitment to releasing innovative products and setting benchmarks in DeFi innovation.
Insightful White Paper Release
- The publication of our latest white paper, “Empowering the Future of DeFi: AI-Driven, Community-Focused, Unbounded Growth,” marked a significant milestone. It outlines our evolution from a DeFi Swap platform to an Orderbook Decentralized Exchange enriched with AI-driven trading tools, charting a new era for Standard Protocol with a focus on value-centric utilities and strategic ecosystem expansion.
$STND Migration and Enhanced Tokenomics
- In preparation for the $STND token migration, we introduced revised STND Tokenomics poised to enhance utility and ecosystem growth.
Introduction of StandardX — $STNDX
- March also witnessed the introduction of StandardX, an extension of Standard Protocol introducing $STNDX. This strategic move is poised to revolutionize the DeFi arena with sophisticated AI-powered trading bots and strategies, tailored to enhance trading efficiency and maximize user returns.
Engaging Community Initiatives
- The community was at the forefront of our March initiatives, highlighted by the “Blast Bang” trading contest on @Blast_L2 and our acceptance into the Hook Incubator Program by @AtriumAcademy, powered by @Uniswap. These initiatives not only foster community engagement but also underscore our dedication to innovation and user empowerment within the DeFi space.
Ambassadors Program Growth
- We successfully concluded the inaugural quarter with our African cohort, showcasing impactful contributions to the Standard Protocol community. In March, we also initiated the selection process for a new cohort from Asia, reflecting our commitment to diversity and global representation in driving DeFi innovation.
New Token Listings
- The announcement of $BEPE and $USDB trading on Standard Protocol, alongside the impending token migration, reflects our ongoing efforts to broaden and enhance our trading ecosystem. The addition of $MIM trading on the Blast Network further exemplifies our commitment to providing a seamless and efficient trading experience for our users.
Conclusion:
March 2024 marked a significant chapter for Standard Protocol, underscoring our commitment to innovation, community engagement, and the expansion of the DeFi ecosystem. Leading with determination and a clear vision, we’ve made substantial progress in democratizing finance, ensuring it’s accessible and inclusive. This month’s achievements are not just milestones; they are the bedrock of our ambition to redefine decentralized finance.
We invite our community to join us on this transformative journey, where together, we’re setting new standards in DeFi, paving the way for a future where everyone can thrive in a decentralized financial landscape!
March Milestones:
- Launch on Blast Network.
- Achieved notable industry recognition and awards.
- Published a comprehensive new white paper detailing our strategic vision.
- Announced $STND migration with updated tokenomics.
- Introduced StandardX — $STNDX, expanding our DeFi solution portfolio.
- Launched several community-centric initiatives and strategic partnerships.
About Standard Protocol:
Standard Protocol represents the future of decentralized finance (DeFi). Our platform empowers individuals with self-sovereign finances and offers a suite of decentralized applications (apps) that leverage blockchain technology to provide a wide array of financial services. We believe in fairness, transparency, and inclusivity, and our mission is to create a decentralized and inclusive financial ecosystem that benefits all participants.
To learn more visit: https://www.standardweb3.com
