Before following this guide, make sure that you have some xMARK in your wallet. Please follow our staking guide to see how you can convert your MARK into xMARK.
To stake MARK for xMARK go here
___________________________________________________________________
WATCH THE VIDEO TUTORIAL HERE
Convert Mark to xMARK Guide:
Secondly, you need to add the xDai and BSC networks to MetaMask. In the Metamask extension go to: Settings →Networks → Add Network:
Opportunity
The Benchmark Protocol team sees Polygon as one of the fastest growing Ethereum compatible networks and we expect many DeFi applications to be supported and developed on Polygon in the near term future. We are happy to announce that with the successful bridging of xMARK onto the Polygon network, we are able to ensure early availability of Benchmark Protocol’s utility on all emerging DeFi applications on the Polygon network (i.e. DEX, lending, etc).
Cross Chain Exposure: xMARK
Benchmark Protocol’s core utility is to serve as a medium of exchange, with properties including collateralization and serving as a portfolio hedge. As such, we strive to…
Dear Community,
From team appointments to new breakthroughs, January 2021 has been a great month for us. We logged several consecutive positive re-bases, resulting in our total network supply increasing by a few hundred percent. We are pleased to inform you that the Total Value Locked in The Press Liquidity Pools has crossed north of $10 Million.
We cannot thank our Benchmark community members enough for participating in liquidity mining, providing feedback, supporting us, and spreading the word about $MARK!
Let’s take a look at the highlights.
Introducing Single Asset Staking and Governance
We introduced Single Asset Staking via the Standard (Symbol: xMARK). The single staking functionality within The Press allows MARK token…
Benchmark Protocol is thrilled to announce the development of The Benchmark Marketplace, a lender-driven exchange for loan offerings. Borrowers can choose from an array of different loan structures and receive a loan proportional to the provided collateral. The Marketplace is scheduled to be released in Q1 of 2021. More information will be available as we get closer to the launch date.
One of the first integrations will be partnering with ForTube (FOR), one of the top DeFi lending platforms that offers an array of products. FOR will be featured as one of the tokens to be whitelisted on the Benchmark…
Benchmark Protocol has adopted a proven rebase algorithm introduced by Ampleforth, and added the VIX as a factor to ultimately assist with portfolio management and improve price stability around the PEG.
The Benchmark Protocol Team is dedicated to the discovery and refinement of our algorithms to ultimately enhance precision. Doing so will create true utility to the greater supply-elastic ecosystem, allowing us to deploy tangible use cases in the short term. After performing extensive data testing and simulations, the following enhancements to our algorithm will be implemented on Monday, February 1st.
Daily Rebases
Benchmark Protocol will implement supply adjustments (rebases) daily, not…
The Benchmark Protocol Team is excited to introduce Single Asset Staking via the Standard (Symbol: xMARK). Stake MARK Here
Until today, MARK token rewards were reserved for Uniswap Liquidity Providers in the MARK/ETH and MARK/USDC pools. Within The Press, MARK token holders are now able to stake their tokens in exchange for xMARK tokens.
- xMARK tokens will be issued in a similar fashion to how LP tokens are issued and represent a share in the overall staking pool.
- Users will be able to swap back xMARK for their staked MARK at any point in time.
- xMARK tokens are not affected by rebases. …
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…
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. …
Benchmark Protocol
Benchmark Protocol is a Supply Elastic Collateral and Hedging Device, Driven by the Volatility Index.
