Benchmark Protocol Benchmark is demonstrably uncorrelated to crypto market price movements, making it an ideal hedge. Benchmark monitors volatility in S&P 500 Futures contracts in real-time, allowing the protocol to observe and react to global market volatility instantaneously. Benchmark is non-dilutive, meaning holders of MARK tokens maintain their equity stake in the network no matter what conditions strike the markets. Benchmark is supply-elastic, allowing markets to operate at peak efficiency - even during period of significant volatility. Benchmark is an open protocol; anyone in the world can join at any time and all network transactions are available to the public. Benchmark protocol replicates US Federal Reserve monetary policy in real-time, providing more units when collateral is scarce and removing units when collateral is over-supplied. Benchmark is fair, affecting all stakeholders in the Benchmark Protocol network proportionately to their holdings. Benchmark is pegged to the most stable currency in the world, the SDR. As the SDR is rebalanced daily by the International Monetary Fund (IMF), using the SDR as a peg removes over-reliance on any single currency or economy. Benchmark is by the people for the people; Benchmark took to investment money despite numerous offers and decided the long-term success of the project is best left to the community.