Standard Protocol Partner Showcase — BinaryDAO
As our stablecoin $USM launch on Metis is approaching, we are thrilled to announce a new partnership in Metis ecosystem with BinaryDAO, a yield DAO that uses its treasury to bootstrap and invest in early-staged crypto projects, enabling premium DeFi yield to BYTE token holders.
Standard Protocol X BinaryDAO
Liquidity is a key factor and resource that sustains the ecosystem and drives scalability for Defi and stablecoin protocol.
As an on-chain liquidity provider, BinaryDAO will be a crucial partner to Standard Protocol by supplying stable liquidity to Standard post treasury launch and start with long-only strategies on farmed Standard token. Furthermore, BinaryDAO will add dashboard features on its app showing where treasury is being deployed to increase exposure to the protocols in its system.
We are looking forward BinaryDAO’s launch on Apr 1, and we wish to support the growth of Metis ecosystem as a whole through this exciting collaboration!
About BinaryDAO
BinaryDAO is a new DeFi primitive that helps users gain exposure in DeFi yield and deals through its native BYTE token, and create exponential value and unmatched upside for BYTE holders. It achieves this by putting its treasury to work and generating return through liquidity providing, partnering and investing in early-stage projects: opportunities that are typically not available to the average investor.
Follow BinaryDAO:
Website | Docs | Twitter | Discord | Telegram | Medium
About Standard Protocol
Standard Protocol is the first Self-Sovereign Stablecoin protocol that embraces and visions the truly decentralized form of Web3.0. Empowered by its interoperable DAO ecosystem, Standard Protocol empowers its users with full control over its monetary system through a multichain DEX, a decentralized Oracle, and a non-reserve design for CDP using NFT.
We’re also a recipient of the Polkadot Web3 Foundation Grant, Polygon #DefiForAll Fund, Metis Ecosystem Development Program Grant, and Shiden Network Builders Program Grant.
Standard Protocol strives to innovate as the next-generation digital settlement currency and prides itself on its global movement in self-sovereign finance.
Follow Standard Protocol:
Website | Twitter | Telegram Community| Medium | Discord | Doc | Linktree
Standard Protocol Partnership Showcase — BinaryDAO was originally published in Standard Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.
