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Benchmark Protocol

MARK

(Inactive)

Rebase protocol

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Details
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Performances

RD Popularity Index

37
2.78%
0 400 800 1200 1600
Project Rank: 11639/18758

RD Growth Index

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Project Rank: 0/18758
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Details

Benchmark Protocol is the first rebase protocol built on the Chainlink Keeper network. The MARK token is a supply elastic, non dilutive stablecoin-alternative that connects users to DeFi. The protocol operates as a rules-based utility that dynamically adjusts supply based on deviations from the target metric — equal to 1 Special Drawing Rights (SDR) unit. Employing the SDR creates a larger use case rather than exposure to just one currency; the application of this creates a larger user base and delineated exposure to markets around the world.

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