Benchmark Protocol mitigates liquidation events and hedges risk with the MARK token; a supply elastic, stablecoin-alternative. The protocol dynamically adjusts supply based on the CBOE volatility index (VIX) and deviations from 1 Special Drawing Rights (SDR) unit. xMARK represents a share of MARK that is deposited in a token pool affected by rebasements, while xMARK itself is unaffected.
{
"path": "eip155:1/erc20:0x36b679bd64Ed73DBfd88909cDCB892cB66Bd4CBb",
"fileId": "fd87bcbb0e7d72775ae2c282061e841365b0dbbcb6371b9eeb11283d56451e4f",
"modifiedDate": 1717080115968,
"type": "_erc20",
"fields": {
"title": "Standard",
"description": "Benchmark Protocol mitigates liquidation events and hedges risk with the MARK token; a supply elastic, stablecoin-alternative. The protocol dynamically adjusts supply based on the CBOE volatility index (VIX) and deviations from 1 Special Drawing R...",
"caip2": "eip155:1",
"namespace": "erc20",
"symbol": "xMARK",
"decimals": 9,
"links": [
{
"name": "website",
"url": "https://benchmarkprotocol.finance"
},
{
"name": "explorer",
"url": "https://etherscan.io/token/0x36b679bd64Ed73DBfd88909cDCB892cB66Bd4CBb"
}
],
"images": [
{
"type": "icon",
"mime": "image/png",
"size": {
"width": 256,
"height": 256
},
"path": "7b098c76aa23a988ad6bacad7a57c6e45843428b2aa5a7a75763bbaaea34e63c.png"
}
]
},
"html": "<h1>Standard</h1>\n<p>Benchmark Protocol mitigates liquidation events and hedges risk with the MARK token; a supply elastic, stablecoin-alternative. The protocol dynamically adjusts supply based on the CBOE volatility index (VIX) and deviations from 1 Special Drawing Rights (SDR) unit. xMARK represents a share of MARK that is deposited in a token pool affected by rebasements, while xMARK itself is unaffected.</p>"
}