About Benchmark Protocol (MARK)
Name Benchmark Protocol
Market Capitalization$11.08 million
Coin or TokenCoin
Official Website (Alt)N/A
Message Board (Alt)N/A
Blockchain Explorer (Alt)N/A
Benchmark Protocol (MARK) Frequently Asked Questions
What is Benchmark Protocol?
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. (Description provided by CryptoCompare)
How do I buy Benchmark Protocol?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Benchmark Protocol.
Where can I get Benchmark Protocol wallet?
Benchmark Protocol produces its own wallet software that is available for download on its website, which allows you to store Benchmark Protocol on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Benchmark Protocol?
One Benchmark Protocol (MARK) is currently worth $1.50 on major cryptocurrency exchanges. You can also exchange one Benchmark Protocol for 0.00004213 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Benchmark Protocol in U.S. dollars is $11.08 million.
What hashing algorithm does Benchmark Protocol use?
Benchmark Protocol is a coin that uses the ETH Token algorithm.
What coins are similar to Benchmark Protocol?
The following coins use Benchmark Protocol's ETH Token algorithm and proof-type: Binance USD, Chainlink, DREP, DREP [old], THETA, Polygon, Dai, Aave, botXcoin, Crypto.com Coin, FTX Token, PancakeSwap, Axie Infinity, Maker and KickToken [old].
MarketBeat Community Rating for Benchmark Protocol (MARK)MarketBeat's community ratings are surveys of what our community members think about Benchmark Protocol and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
Benchmark Protocol (MARK) Price Chart for Sunday, July, 25, 2021
Benchmark Protocol (MARK) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Benchmark Protocol. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Benchmark Protocol Coin" over the last 90 days.
Benchmark Protocol (MARK) Website Traffic
Benchmark Protocol (MARK) Social Media Trends
Benchmark Protocol (MARK) News HeadlinesNo headlines for this company have been tracked by MarketBeat.com