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": "eip155:56/erc20:0x26A5dFab467d4f58fB266648CAe769503CEC9580",
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"modifiedDate": 1700537687337,
"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": "eip155:56",
"namespace": "erc20",
"symbol": "xMARK",
"decimals": 9,
"links": [
{
"name": "website",
"url": "https://benchmarkprotocol.finance"
},
{
"name": "explorer",
"url": "https://bscscan.com/token/0x26A5dFab467d4f58fB266648CAe769503CEC9580"
}
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"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>"
}