The Standard, a Next-Generation Decentralized StablecoinWhitepaper Released

The next generation of decentralized stablecoins will upgrade the DeFi space from a billion-dollar industry to a trillion-dollar behemoth.

The standard released its whitepaper, which explains in layman’s terms how the protocol works, how the DAO governance token is valued and how the game theory is placed to make sure The Standard has true potential in becoming a global standard when it comes to digital currency and decentralized finance.

The white paper has been co-authored by Joshua Scigala, Laurin Bylica, Philip Scigala, Ana Valdes and Simon Morley. These individuals have been working in the cryptocurrency space for over a decade and bring everything from economic theory, technical know-how, security competencies and ethics through first principles philosophy.

“Developing economic theory and putting it into practice can be very dangerous. I highly doubt that Marx would have known that his badly thought out theories would end up sending millions into gulags.” Joshua Scigala remarked.

The world of crypto is evolving quickly, and The Standard is another huge step forward in this evolution.

Scigala goes on, “The need for a truly global voluntary crypto/gold standard pegged to many different fiat currencies is an idea whose time has come. Enabling people to benefit from inflation is an idea whose time has come. Empowering people to fund liquidity without trusting a third party is an idea whose time has come.”

The team behind The Standard is growing fast as it heads toward becoming a full-blown DAO (Decentralized Autonomous Organization)

Please take a moment to read through The Standard White paper

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