Joined August 2020
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15 Mar 2022
1/4 The Benchmark Protocol Treasury Wallet has fully distributed all custodied MARK tokens (on a Pro- Rata) basis via the xMARK staking contract. If you held xMARK via the staking contract address 0x36b679bd64Ed73DBfd88909cDCB892cB66Bd4CBb there is no further action required.
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15 Mar 2022
Please note that in order to view the distribution in MARK which are allocated and distributed pro-rata between all xMARK holders, users need to swap their xMARK back to MARK via the Press.
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15 Mar 2022
To Claim Rewards via the Press
- Click “Convert to MARK” to redeem your staked MARK and claim your rewards
- Your xMARK will be burned through this process
thepress.benchmarkprotocol.f…
Tutorial: medium.com/benchmarkprotocol…
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15 Mar 2022
1/4 The Benchmark Protocol Treasury Wallet has fully distributed all custodied MARK tokens (on a Pro- Rata) basis via the xMARK staking contract. If you held xMARK via the staking contract address 0x36b679bd64Ed73DBfd88909cDCB892cB66Bd4CBb there is no further action required.
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15 Mar 2022
3/4 We thank all of our community members who took part in Benchmark Protocol, an impactful experiment in rebase. Users can retain their MARK/xMARK and do with them as they please, as there are community members who may wish to incorporate these tokens into a future project.
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15 Mar 2022
4/4 Benchmark Protocol will not validate any future plans for the use of MARK or xMARK tokens. We encourage holders to validate and do their own research. Please note, this is not financial advice.
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7 Mar 2022
All previously held reward tokens have been previously distributed to liquidity providers and stakers earlier than anticipated. Following the distribution of all treasury held xMARK and MARK assets, the current iteration of Benchmark Protocol will be unwound.
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7 Mar 2022
If you hold MARK, visit thepress.benchmarkprotocol.f… and convert your MARK to xMARK to be eligible for the distribution.
You can reference one of the following tutorials:
a) youtube.com/watch?v=aZ7W7_HN…
b) medium.com/benchmarkprotocol…
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7 Mar 2022
Benchmark Protocol Treasury and Liquidity wallets will be distributing all remaining xMARK/ MARK to protocol holders via the xMARK staking contract. Users will have until 12 PM EST on 3/14/22 to enter the staking contract to be eligible for a distribution.
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15 Feb 2022
A proposal has not been received by the lead community team members with authority of the MSIG as to how a migration of the treasury funds will benefit the Benchmark community.
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15 Feb 2022
Without a proposal of how the funds will be spent and used to the benefit of current MARK holders, the Benchmark Protocol has removed this snapshot proposal.
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15 Feb 2022
On behalf of the Benchmark team, we will await for a reasonable proposal to be sent to team@benchmarkprotocol.finance and further shared with the current community; otherwise, as stated previously, the treasury will be unwound in the best way deemed fit.
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8 Feb 2022
Proposal to Transition Benchmark Treasury to Community MSIG wallet- we encourage all active participants to vote
snapshot.org/#/benchmarkprot…
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2 Feb 2022
The rewards in the contract for the press is empty. In preparation for a community initiated relaunch, we encourage all users to use the emergency withdrawal function found here:
etherscan.io/address/0x5d997…
PID:
0 is ETH/MARK LP
1 is USDC/MARK LP
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12 Jan 2022
The numbers: Consumer prices rose 0.5% in December to push the increase in the cost of living last year to a nearly 40-year high of 7%, indicating high U.S. inflation is likely to persist well into 2022.
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12 Jan 2022
Instead of targeting a historic value of the US Dollar, Benchmark targets the historic price of the SDR. With a long-term view utilizing macro- exposure to the world’s most established currency, utilizing the SDR is a superior peg if the Dollar experiences
strong inflation.
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10 Jan 2022
Crypto regulation concerns make decentralized stablecoins attractive to DeFi investors.
Benchmark protocol provides a rules based, decentralized, supply elastic stablecoin alternative.
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6 Jan 2022
$BEND is a governance token that will be giving holders voting rights to determine the frequency of rebases, voting rights to govern rebase stretch periods, and voting rights to regulate additional parameters of the rebase functionality.
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