<p>STP Network is a blockchain project that seeks to expand the global use of digital assets. It has developed The Verse Network, which is an interconnect cloud that is built to serve DAOs and DeFi projects. Standard Tokenization Protocol Token (STPT) plays a major role in the Verse Network, on which developer teams can build scalable, decentralized, and secure applications on top of the network.</p><p>The Verse Network aims to be highly scalable, censorship-resistant, and offer support for multiple virtual machines, not just EVM. It is also resistant to front-running, this means that transactions will be validated in the order that they occur, and no one can manipulate the order by paying more.</p><p>STPT is the Verse Network’s primary medium of exchange, it is an ERC-20 token. It can be used for paying fees on the platform as well as earning rewards. Transactions on the Verse network require gas fees,&nbsp;</p><h3>What are STP Network’s key features and how does it work?</h3><p>The Verse Network’s architecture is fundamental to the way it operates. It consists of four crucial layers:</p><ul><li>Application Layer, this is where smart contracts and dApps are deployed;</li><li>Execution Layer, virtual machines are supported in this layer;</li><li>Network Layer, nodes are operated in this layer;</li><li>Consensus Layer, 1,000 of validators are responsible for providing rapid and secure transaction validation.</li></ul><p>The Verse ecosystem has a strong focus on DAOs, as such supports dApps surrounding their functionality. This includes DAO builder dApps, DAO market data tools, as well as DAO reputation dApps.</p><h3>What can STPT be used for?</h3><p>STPT Holders are entitled to take part in platform governance, as well as making key proposals in the ecosystem.</p><h3>Where can you buy STPT?</h3><p>STPT is available for trading on the following CEXs and DEXs listed <a href="https://cryptorank.io/price/stp-network/exchanges" rel="noopener noreferrer" target="_blank">here</a>. The most popular platforms with the highest liquidity are Binance, AscendEX, and Huobi Global. The price of STP will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for STP market price, please view the price charts on this page.</p>

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Standard Tokenization Protocol is an open-source standard defining how tokenized assets are issued and transferred.

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