About STP (STPT)
STPT is an ERC-20 token built by Standard Tokenization Protocol (STP) to power its proprietary "Verse Network." The Verse Network is centered around providing governance tools and infrastructure to developers. As a result of the Ethereum Merge, STPT utilizes Proof-of-Stake.
The Verse Network offers a suite of infrastructure and native tools to enable efficient decentralized decision-making for users, communities, and organizations by allowing users to build DAO governance for projects built on Ethereum and EMV-compatible chains.
STP's suite of products includes a DAO management dApp and a Software Development Kit designed to support cross-chain governance efforts. STPT's governance dApp, Clique, is a DAO infrastructure platform enabling users to participate in DAO creation, token creation, and decentralized governance from a single aggregated dashboard. It allows DAO managers to create and manage DAOs based on predefined or customized templates, set token properties for their DAOs and initiate community votes via the cross-chain governance feature.
Utilizing STP's governance SDK, Ethereum, and EVM-compatible communities can execute governance on Polygon's Matic Network without bridging or issuing new tokens, enabling users to use Polygon's speed, low gas fees, and scalable capabilities.
At the time of writing, STPT is partnered with ImmuneFi, for bug bounty code auditing and PolygonDAO to facilitate its cross-chain governance abilities. STPT is known by its token ticker $STPT. It is used to power functions on the network and in governance. The current price of STPT is live-tracked on Binance.
