TheStandard.io: Empowering Financial Autonomy in DeFi with Collateral-Free, Zero-Interest Stablecoin Lending

Empowering Financial Inclusion: TheStandard.io's Collateral-Free Lending Revolution

Traditionally, lending in the financial world comes with a myriad of requirements, including collateral, credit checks, and high interest rates. This often excludes many individuals from accessing the funds they require. However, at TheStandard.io, we are changing the game by eliminating these barriers and paving the way for collateral-free lending.

Decentralized finance (DeFi) is transforming the traditional financial landscape by leveraging blockchain technology to eliminate intermediaries like banks and brokerages. One key component of DeFi is stablecoins, cryptocurrencies that are pegged to real-world assets to provide price stability. These stablecoins unlock a wide range of use cases in DeFi, from decentralized lending and borrowing to the creation of stable synthetic assets. However, many existing DeFi lending protocols have high interest rates and strict overcollateralization requirements, limiting access and adoption for the average user.

At TheStandard.io, this platform offer users the ability to borrow stablecoins without the need for collateral. This means that individuals can access the funds they need without risking their assets. With our innovative lending solution, users can borrow stablecoins and pay them back, all without the burden of interest. This opens up new opportunities for individuals to meet their financial needs and unlock their potential in the world of DeFi.

Through our platform, we aim to provide users with financial autonomy, allowing them to take control of their finances and leverage the power of stablecoins for their benefit. By removing the need for collateral and interest, we are democratizing lending and enabling individuals from all walks of life to participate in the DeFi revolution.

At TheStandard.io, we are committed to empowering individuals and driving the adoption of DeFi through our innovative collateral-free, zero-interest stablecoin lending. Join us today and experience a new era of financial autonomy in decentralized finance.

Introducing TheStandard.io

TheStandard.io is an innovative DeFi platform that is revolutionizing finance by enabling decentralized, zero-interest stablecoin lending. At its core, TheStandard.io operates as a peer-to-peer lending protocol that directly connects borrowers and lenders of stablecoins, such as USDC, through smart contracts on the blockchain. This eliminates the need for intermediaries like banks, resulting in faster, cheaper, and more efficient lending.

What sets TheStandard.io apart is its unique feature of offering collateral-free loans in stablecoins at 0% interest. To take out a loan, borrowers simply need to stake the platform's BUILD governance token as collateral. There are no credit checks or interest fees involved, only a one-time 0.5% origination fee.

With the integration of decentralized and permissionless protocols, TheStandard.io provides an open alternative to traditional finance. It grants anyone in the world access to zero-interest loans, ultimately expanding access to capital for individuals worldwide.

Decentralized Stablecoin Lending: Advantages and Benefits

Decentralized stablecoin lending offers several significant benefits compared to traditional lending systems. By leveraging blockchain technology and smart contracts, decentralized lending brings forth advantages such as 24/7 access, global reach, instant loan approval and funding, complete transparency, and improved security.

Accessibility and Speed

Decentralized lending platforms are accessible to anyone with an internet connection, removing geographic restrictions. The application process is quick and easy, with no credit checks required. Loan approvals and funding occur instantly, providing borrowers with faster access to capital when it is needed most.

Lower Fees and Transparency

Decentralized stablecoin lending eliminates intermediaries like banks, resulting in lower costs for borrowers. As there are no overhead costs and fees typically taken by traditional institutions, borrowers can enjoy reduced rates. Additionally, all transactions are recorded on the public blockchain ledger, ensuring complete transparency. Borrowers can validate interest rates and terms before taking a loan, fostering trust and confidence in the lending process.

Security and Global Reach

Decentralized lending platforms require borrowers to provide crypto collateral, which overcollateralizes the loans and reduces default risk. Smart contracts automate repayments and liquidations, ensuring the security of the lending process. Furthermore, anyone with a crypto wallet can access decentralized lending platforms, opening up access to capital on a global scale.

By harnessing the advantages of blockchain technology, decentralized stablecoin lending provides an efficient alternative to traditional financing. TheStandard.io aims to further innovate in this emerging field of decentralized finance, ensuring that individuals have access to capital without the limitations imposed by existing lending systems.

Empowering Borrowers with Zero-Interest Loans

TheStandard.io introduces a groundbreaking zero-interest lending model that empowers borrowers financially. The model works as follows: borrowers deposit stablecoins, such as USDC, as collateral into smart contracts on the platform. The amount of collateral deposited determines their borrowing power. The loans themselves do not accrue any interest payments.

Borrowers can simply withdraw up to 50% of their deposited collateral value as a loan and can repay the loan whenever they want by returning the borrowed amount. Once the loan is paid back in full, borrowers regain access to their entire collateral deposit. At no point during the lending process are borrowers at risk of liquidation or losing their collateral.

This lack of interest repayments eliminates the predatory lending practices that often trap individuals in debt cycles. Borrowers are not burdened by compounding interest fees that sometimes exceed the principal loan amount. The zero-interest model creates a fairer, more equitable system of lending that prioritizes the benefits of borrowers over institutions profiting from interest.

Powered by Chainlink: Ensuring Transparency and Real-World Data

Chainlink plays a pivotal role in TheStandard.io's decentralized finance (DeFi) protocol by providing oracle middleware. These oracles enable TheStandard.io to access real-world data and off-chain computation while maintaining decentralization and transparency.

Specifically, Chainlink oracles allow TheStandard.io to securely interact with off-chain resources like APIs and payment systems. They can connect with any external API to access accurate market data, triggering actions based on events happening on-chain. The oracles also grant access to tamper-proof price data for stablecoins, enabling advanced transactions through Chainlink's off-chain computation capabilities.

The integration of Chainlink oracles empowers TheStandard.io to build a fully decentralized and transparent lending platform while securely leveraging real-world data, such as asset prices. This enables the platform to offer features that would not be possible within a siloed on-chain environment.

Why Choose TheStandard.io: Empowering Financial Freedom in DeFi

Transparency: Not your keys, not your crypto.

In the world of decentralized finance (DeFi), trust is paramount. TheStandard.io recognizes the importance of maintaining control over your collateral assets. Unlike traditional banks like Silicon Valley Bank, BlockFi, or Celsius, TheStandard.io allows you to securely store your collateral by locking it into a smart contract that only you control. Rest assured, no one can touch your collateral but you.

With this level of transparency, you can confidently send your crypto assets to a smart contract that you control, ensuring complete ownership and control over your collateral. Moreover, anyone can verify that the amount of collateral locked exceeds the value of stablecoins issued, providing real-time transparency.

Every major fiat: Not just USD pegged?

TheStandard.io aims to break barriers by offering stablecoins pegged to more than just the US dollar. In a global economy, every major fiat currency deserves its blockchain equivalent. Whether you're a freelancer in India, invoicing in an INR-pegged stablecoin, or engaged in global trade and remittances, TheStandard.io is committed to releasing stablecoins for major fiat currencies.

Expanding the blockchain-based FX markets to include stablecoins for various fiat currencies opens up a trillion-dollar opportunity. The ability to seamlessly transact and trade using stablecoins pegged to different fiat currencies fuels global trade and introduces a new wave of financial inclusivity.

Borrow @ 0% interest: No interest when borrowing stablecoins.

TheStandard.io revolutionizes borrowing in the DeFi space by offering 0% interest loans. This game-changing approach to lending eliminates the traditional burden of interest payments and offers accessible financial solutions without added costs.

Unlike traditional borrowing methods, TheStandard.io empowers borrowers with 0% interest loans and provides flexibility, allowing borrowers to pay back the debt without any time limit. With inflation reducing the real debt burden, borrowers using TheStandard.io benefit from global inflation instead of suffering from it.

Trade locked collateral: Don't miss out on moonshots

Flexibility is key to maximizing your investments. TheStandard.io understands this and provides an exceptional feature - the ability to trade locked collateral for an equal value of another crypto asset. This unique capability allows you to adjust your investments and explore new opportunities without the need to pay back your debt or withdraw the original collateral.

Whether you want to trade into an asset that you believe will skyrocket in value or hedge against a bearish crypto market by trading into tokenized gold, TheStandard.io enables you to amplify your investment strategy. Additionally, features like bot trading and auto trading further enhance your chances of success while reducing the risk of liquidation.

Sell debt as an NFT: NFTs aren't just for art.

TheStandard.io is shaping the future of decentralized finance with dynamic NFTs. Each smart vault is represented as an NFT, which allows the owner of the NFT to pay off the debt and withdraw the collateral. This innovative approach opens doors for individuals with large debt positions to sell their debt for fast liquidity.

How To Secure Purchases of TST and Check Contract Address

When it comes to purchasing TST, it's crucial to ensure you are buying the correct token. With multiple tokens using the TST identifier, you need to be certain that you're investing in the right one. In this blog post, I'll guide you on how to verify the TST contract address and make secure purchases.

To ensure the authenticity of the TST token, it's essential to verify the contract address. By following these simple steps, you can confidently swap your existing cryptocurrencies for TST:

1. Using Uniswap or other DEX's: You have the flexibility to use popular decentralized exchanges like Uniswap to swap most cryptocurrencies for TST.

2. Perform a Contract Address Search: Instead of solely typing in "TST," it is recommended to perform a contract address search. This way, you can eliminate any confusion or potential risks associated with other tokens using the same name.

3. Search for the TST Contract Address: The official TST contract address to search for is: 0xa0b93b9e90ab887e53f9fb8728c009746e989b53.

   • TST on ETH Mainnet: Use this contract address when trading TST on the Ethereum (ETH) mainnet. You can verify the contract address on Etherscan here.
   • TST on Polygon (MATIC) Network: This contract address is specific to TST on the Polygon (MATIC) network. You can confirm the contract address on PolygonScan here.
   • EUROs (formerly sEURO) on ETH Mainnet: In addition to TST, there is another token called EUROs (formerly sEURO) that operates on the Ethereum (ETH) mainnet. You can verify the contract address for EUROs here.

By double-checking the contract address before making your purchase, you can ensure a safe and accurate transaction. This verification process is crucial in avoiding any potential risks associated with mistaken identities or fraudulent tokens.

The Exciting Roadmap of TheStandard.io Preview

2023 Milestones

• Q1: We will be kicking off the year by launching the MVP for our stablecoin lending protocol on the Ethereum mainnet. This pivotal step forward allows us to offer you the benefits of secure and hassle-free stablecoin lending and borrowing.
• Q2: The Standard.io's ecosystem will then integrate Chainlink oracles for decentralized price feeds, ensuring the accuracy and security of pricing data in the DeFi landscape.
• Still, in Q2: the much-anticipated governance token BUILD will be launched, introducing a democratized governance system encouraging community involvement in decision-making processes.
• Q3: Our protocol will then extend its multi-chain support to include Binance Smart Chain and Polygon, aiming to bring cross-chain interoperability for an optimized user experience and seamless financial transactions.
• Q4: In the last quarter of 2023, we plan to go mobile, unveiling TheStandard Wallet mobile app to provide a user-friendly platform for managing your crypto assets on the go.
• To maximize the value for stakeholders, we also plan to integrate our lending protocol with leading DeFi apps and decentralized exchanges (DEXs), further fostering DeFi adoption and ease of use.

2024 Milestones

• On the 2024 landscape, there's a commitment to reinforce security through the launch of smart contract insurance and rigorous audits, ensuring user funds' security and system integrity.
• We will also work to expand our offerings to cover more cryptocurrency collateral options beyond stablecoins, thus opening broader horizons for users to leverage their diverse digital assets.
• Lastly, to integrate crypto with real-world applications, we will launch a TheStandard Card enabling real-world spending of crypto assets, making it a practical and convenient solution for everyday transactions.

This roadmap reflects TheStandard.io's unwavering commitment to escalating the DeFi landscape with sustainable solutions driven by transparency, decentralization, and financial inclusivity. As we march ahead, we look forward to your continued support and participation in this exciting journey of progress and innovation in the world of DeFi.

In conclusion, TheStandard.io stands out as a pioneer in decentralized finance, offering unparalleled advantages. With a focus on transparency, diverse stablecoin offerings, zero-interest borrowing, trading locked collateral, and NFT utilization, TheStandard.io empowers users to unlock their financial potential and embrace a new era of financial freedom in the world of DeFi.

Learn more about how TheStandard.io is setting new benchmarks in the DeFi ecosystem by visiting the links below:

• Official Website
• Twitter
• Discord
• Telegram
• YouTube

Author:

• This article is contributed by ApolloRolonVerduzco.
• Bitcointalk profile.
• Arbitrum wallet address: 0x62695A63B3108D60249EF97903CA21500E0434f5