TheStandard.io’s Latest Developments

--

See the latest strategic moves and upd\ates that are shaping the future of TheStandard.io. Here’s a snapshot of our recent developments:

1. Cyfrin Audit Progress

  • The Cyfrin audit is now complete, and once all submissions have been reviewed and bounties finalized, we will announce the results. The launch of Liquidation Pools will follow soon after.

2. Pegged Asset Trading

  • After onboarding a new liquidity advisor who worked with Liquity and other projects regarding incentives we’re discussing potential pairs against agEUR, EUROe, or jEUR to facilitate pegged asset trading. This strategic move eliminates forex price risk in pooling USDC/EUROs, and we’re exploring collaborations with these protocols to co-incentivize liquidity positions.

3. Camelot Nitro Incentives Update

  • Nitro incentives are being phased out to build a wider range liquidity base. This decision aligns with our goal to create a robust foundation for future growth. We are starting to ask users to remove positions from Camelot DEX.

4. Merkl Strategies

  • As Euro/Euro pools gain traction, we’re designing Merkl strategies to optimize the use of TST capital. This step ensures efficient capital deployment within the protocol.

5. Partnership with new DEX

  • Discussions are underway with Ramses DEX and others on Arbitrum, this partnership aims to launch with the new EURO stable pair, direct emissions to our pools and explore strategies to achieve target TVL.

6. New EUROs/USDC Pool

  • Once Euro/Euro liquidity is established, a new EUROs/USDC pool will be launched. This volatile pool will have a higher swap fee, enabling LPs to earn more significant trading fees.

7. Liquidity Enhancement

  • Strategy: Simplifying the liquidity sink by pairing with another EURO stable coin to avoid impermanent loss through FX rates. This streamlines liquidity and ensures LPs get the best prices.

8. Arbitrum LTIPP and Grant Process

  • Milestone: We are close to completing the grant process from Arbitrum based on roadmap KPIs. An application to be part of the Arbitrum council’s latest LTIPP is in the pipeline, aligning with our commitment to innovation.

9. LODE Collaboration

  • Engaging in discussions with LODE protocol, a precious metals token, to explore its potential as a collateral option on our smart vaults.

10. L2 Explorations

  • Exploring collaborations with other Layer 2 solutions to understand the potential benefits they could offer to enhance our ecosystem.

TheStandard.io is committed to driving innovation, fostering collaborations, and creating a robust foundation for sustainable growth in the ever-evolving DeFi landscape. Stay tuned for more exciting updates on our journey to redefine DeFi!

Discover More

Visit TheStandard.io for more information and join our Discord channel to join the discussion!

--

--

TheStandard.io DeFi protocol
TheStandard.io DeFi protocol

A next-generation Defi lending platform that enables anyone to lock up hard and soft assets to generate a suite of fiat pegged stable coins.