On your MARK, Get Set, Meme!

Greetings and Happy New Year to our MARK Community. We know if there is one thing our fans love more than earning MARK, it is earning MARK for making memes. We are bringing the people what they want in our first ever social media contest! Prizes total up to 2000 MARK tokens. We know the best way to grow is by doing so with our passionate and creative supporters.

Benchmark Protocol is thrilled to announce the appointment of Kurt Uhler as Chief Operating Officer (COO). Kurt Uhler brings in a wealth of experience to Benchmark Protocol, with over 13 years of leadership experience and a deep background in finance, capital markets and valuation.

Mr. Uhler currently serves as Managing Director for a large financial advisory firm, where he plays an instrumental role in strategic outlook and is a key driver of overall business growth. Mr. Uhler has been with the firm since 2007, where he served in various senior roles in business development, practice oversight, strategy and industry leading real estate/financial advisory. Mr. Uhler holds a B.S …

Sailing into 2021 — Reflecting and looking ahead!

Greetings, and happy new year!

Thank you everyone for your continued support! We are elated to welcome all of you who have become integral members of the Benchmark community. Looking back, it’s been over 6 weeks since Benchmark Protocol’s MARK token launched, and we would like to take this opportunity to pause and extend our thanks to each and every one of you for your continued support and dedication. …

We are pleased to announce that the Benchmark Launchpad will be coming to an end in the coming week. As such, Benchmark Protocol will undergo the network’s first supply adjustment. Thank you to everyone who participated in the Launchpad and supporting the foundational stages of building the Benchmark Community.

Supply Adjustment Go-Live Date

Benchmark Protocol will undergo the network’s first supply adjustment on December 28th, 2020 (EST). The end of the Benchmark Launchpad, block 11,519,083, is scheduled to get mined on the 24th of December, as we transition to The Press. …

The Press is now LIVE: https://thepress.benchmarkprotocol.finance _________________________________________________________________

As the Fair Launch via the Launchpad comes to an end, we must extend a huge thank you to everyone that participated by staking and earning MARK token rewards. By any and all metrics, the Launchpad was a huge success and we achieved our goal of getting the MARK token in the hands of the people, without an IEO or ICO compromising the project’s future and longevity. Over the last 3 and a half weeks, the Launchpad has maintained an average TVL well above $15m USD, with a peak amount of $34m USD, making it one of the largest yield farming fair launches over the last several months in the DeFi space. …

We are excited to announce that Elastos community is exploring adaptive supply tokens with Benchmark Protocol to expand their selection of compatible payment methods.

In Elastos project’s most recent community updates they introduced Benchmark Protocol and why they are exploring Benchmark’s adaptive supply tokens. The community updates elaborated on the following:

1. Primary disadvantages of collateral-backed stable-coins
2. Benchmark Protocol’s concept
3. Why cross-chain adaptive supply tokens are interesting
4. Adaptive supply research with Benchmark Protocol
5. The goal for future

Read the complete blog-post on Elastos Medium: https://crregions.medium.com/elastos-benchmark-protocol-3a7b626fff6d

About Benchmark Protocol

The Benchmark Protocol is an Uncorrelated, Liquid, VIX-denominated Collateral Utility. The protocol is a rules-based, supply-elastic collateral utility that adjusts supply based on volatility indexes (VIX) and 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; this creates a larger user base and delineated exposure to markets around the world. The DeFi space needs a collateral utility that retains its efficacy and increases inherent baseline liquidity during periods of high volatility. …

Cross-chain Interoperability propelling the Future of Decentralized Finance (DeFi)

We are thrilled to announce the integration of Benchmark Protocol into the Solana network. This ecosystem integration further strengthens Benchmark Protocol’s cross-chain interoperability capabilities, consequently bolstering liquidity into the broader decentralized finance (DeFi) sector.

Building on Solana will allow Benchmark Protocol to excel in a cross-chain environment, ensuring that $MARK moves seamlessly between these blockchains. Being chain agnostic is a critical facet for $MARK, as one of the primary use cases of the MARK token will be applying collateralization amongst many of the prominent blockchain ecosystems.

Solana offers single unified chain capabilities, enabling the protocol to support 65k+ transactions per second at the base layer. With such high-throughput capacity, the need for infrastructure arises on a massive scale. This presents Benchmark Protocol with a significant opportunity to integrate and promote Solana ecosystem. Furthermore, our integration with Solana Network facilitates an overall positive impact towards propelling the decentralized finance (DeFi) sector. …

Benchmark Protocol is excited to announce our plans on utilizing RenVM to ensure the protocol can excel in a cross-chain environment and further, ensuring that $MARK can move seamlessly between these blockchains. Being blockchain agnostic is an important facet for $MARK, so it can be used as strong collateral regardless of blockchain.

The Ren alliance includes a consortium DeFi projects, such as Kyber Network, Aave, and Matic, as well as crypto investment firms Polychain Capital and Synapse Capital, and crypto exchange Idex.

The Focus of the Integration revolves around Utility usage

The Benchmark team is pleased to be offering another layer of valuable utility for the Benchmark Network. By integrating RenVM, the Ren Protocol allows the Benchmark ecosystem to thrive not only on Ethereum, but other layer one blockchains such as Polkadot and Binance Smart chain. Further down the road, we see RenVM as a crucial bridge to the broader capital markets as the infrastructure matures. …