Standard are delighted to announce our seventh partner on board: Idavoll Network (IDV). Idavoll Network provides a wide variety of management solutions by developing governance modules for decentralized autonomous organizations (DAO) on its network and on Polkadot parachains. MTR, Standard Protocol’s stablecoin, will be utilized as one of the payment means in the Idavoll network alongside with DOT, IDV and EQD.

Standard Protocol will also employ Idavoll Network’s DAO templates to help build and strengthen its own governance structure.

What Is Idavoll Network?

Idavoll Network is a decentralized organization platform that offers infrastructure and DAO services, such as providing organizations with a customizable set of modules that define stakeholders and their associated rights and privileges. Idavoll has been awarded a Polkadot Web3 Foundation grant for its innovative approach to decentralized governance solutions.

About Standard Protocol

Standard Protocol is the first Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets that will operate within the Polkadot ecosystem. It is also the first and only project from Korea to be awarded a Polkadot Web3 foundation grant and prides itself on its global community growth approach.

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https://blog.standard.tech/standard-protocol-partners-showcase-idavoll-be7b8701e9fd