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Current rate

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Rate STPT 0,07 EUR

Change (24h): 0,00%

Current
Marketcap

138 852 557 USD 0%

Highest rate
ATH

0,28 USD -74.74%
06-10-2021

Started at: 05-06-2019, Concept: Ethereum consensus (currently proof of work, will be proof of stake later on)
Tags: Ethereum (ETH) Token (ERC-20), Derivative, DeFi

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Description

STPT, or Standard Tokenization Protocol, is a decentralized autonomous organization DAO platform designed to facilitate the creation and management of on-chain DAOs and communities. The project aims to empower users with the tools necessary to build, govern, and grow their own decentralized organizations without relying on centralized intermediaries. STPT provides a comprehensive suite of functionalities that simplify the complexities typically associated with launching and operating a DAO, making decentralized governance more accessible to a wider audience. This ecosystem supports various governance models, allowing creators to tailor their DAOs to specific needs, whether for investment clubs, community initiatives, or protocol management. The core technology behind STPT includes an on-chain governance module that enables transparent and verifiable voting, proposal submissions, and treasury management. Participants within the STPT network can contribute to the governance of their respective DAOs by staking their STPT tokens, which grants them voting power and influence over key decisions. The STPT token itself serves multiple purposes within this ecosystem. It acts as the primary governance token, enabling holders to participate in decisions related to the platform’s development and the various DAOs built upon it. Additionally, STPT can be used for various utility functions, such as paying for services or accessing premium features within the STPT network. The platform emphasizes interoperability, striving to connect with other blockchain networks to enhance the reach and utility of the DAOs created on its infrastructure. By focusing on user-friendliness and robust technical infrastructure, STPT aims to drive the adoption of decentralized governance as a standard practice across the blockchain space. Its mission is to lower the barrier to entry for DAO creation, fostering innovation and community-driven development in a truly decentralized manner. The platform’s design is geared towards scalability and security, ensuring that DAOs can operate effectively and reliably as they grow in size and complexity, handling a multitude of proposals and voting actions efficiently.

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