STP is a key component to Verse Network, a censorship-resistant, front-running-resistant, high-performance, interconnected cloud for next-generation DAO and DeFi. It helps networks, developers, and organizations to successfully decentralize decision-making and grow their decentralized communities and applications.
The STP Standard specifies how tokenized assets' ownership is generated, issued, sent, and received while adhering to all applicable legislation.
The STPT token is an ERC-20 platform token that allows users to take part in airdrops, bounties, Micro Token Offerings, and virtual staking events. STPT can also be used as a payment method for services within the ecosystem. Holders of the STPT token will subsequently be able to vote for a Validator Committee to guarantee that the Compliance Validators are following the rules.
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