| General information | |
|---|---|
| Global rank: | 4945 |
| Name: |
Plato Farm (MARK) |
| Symbol: | MARK |
| Current coin price (PHP): | 0.002 ₱ |
| Last hour: | arrow_downward-1.65 % |
| Last 24 hours: | arrow_downward-30.93 % |
| Last 7 days: | 32.96 %trending_up |
| Capitalisation (PHP): | 0.000000 ₱ |
| Volume 24h (PHP): | 3 092 234.01 ₱ |
| Available supply: | 0.000000 MARK |
| Total coin supply: | -1 MARK |
| Start date: | 2020-11-17 |
Plato Farm (MARK)/Philippine Peso (MARK/PHP) price chart
Plato Farm (MARK)/Philippine Peso (MARK/PHP) capitalisation and volume charts
Benchmark Protocol is a DeFi (Decentralized Finance) protocol that connects traditional financial markets to DeFi markets. The protocol is a rules-based, non-dilutive, supply-elastic collateral utility that also acts as a hedging device. Supply is adjusted based on the 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; the application of 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.