Standard Euro price

SEURO

The supply of Standard Euro (sEURO) is limited only by the amount of assets people lock up in smart contracts. sEURO is initially minted using an initial minting curve where people can purchase the stablecoin for 80 cents. As more liquidity comes into the stability pool, the discount reduces until it reaches a 1:1 with the euro. It's at this stage that it becomes a stablecoin.

After it reaches a 1:1 peg, the smart vaults will be released on the Polygon ZK-EVM. These smart vaults are a way for anyone to trustlessly lock up assets into a smart contract and mint sEURO or other sFIAT stablecoins as a zero percent interest loan. There will mathematically always be more bitcoin, ethereum, and tokenized gold value locked up than stablecoins in circulation.

"The Standard Protocol" is a next-generation set of smart contracts native to L2 Ethereum, with some unique features:

• IBCO launch mechanism to reward early adopters for building liquidity.
• Mint your self-debt at 0% interest.
• No time limit on paydowns.
• Sell your smart vault debt as an NFT if you need liquidity.
• Trade locked assets, so if you locked up ETH and think LINK will increase faster, you can trade locked assets for another within the smart vault.
• Smart vaults are ZK-EVM native, bringing cheap and fast transactions on the Ethereum/Polygon blockchains.
• Don't give up your keys to borrow. Not your keys, not your crypto! All smart vaults that hold your funds are smart contracts controlled by the users. No one has access to their funds unless there is a liquidation event in which the smart vault automatically auctions off the assets to TST holders.