Benchmark Protocol
MARK
(Inactive)
Rebase protocol
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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