TheStandard + Chainlink: Redemptions Are Back with Automation Superpowers

George Papp



We’re excited to announce that USDs redemptions are live— powered by Chainlink Automations + Functions. This marks a major milestone in making our system more trustless, efficient, and resilient.

Why This Matters

Redemptions are a critical mechanism for maintaining the peg of USDs. When the stablecoin drifts below its target value, redemptions allow users to burn USDs and receive underlying collateral — helping restore market confidence and incentivizing arbitrage.

Now, thanks to Chainlink’s automation infrastructure, this process can run on autopilot.

How It Works

We’ve combined Chainlink Automations and Chainlink Functions to run secure, data-driven redemptions.

Chainlink Automations monitor our protocol and regularly check if the USDs pool is below our redemption trigger price.
When conditions are met, the contract pulls the next redeemable vault and the appropriate collateral from on-chain storage.
If this data is missing or outdated, Chainlink Functions fetch fresh vault data directly from TheStandard’s API and return it securely to the smart contract.
The contract stores this data, and the next time Automations trigger, the redemption executes automatically using the provided details.

Why Chainlink?

Using Chainlink’s decentralized infrastructure ensures:

✅ Reliable automation without relying on centralized bots
✅ Accurate off-chain data securely bridged via Functions
✅ No need for manual intervention — redemptions run smoothly in the background

What’s Next?

We’ll continue improving redemption logic, refining our collateral selection algorithm, and increasing visibility around active redemptions in the app UI.

Stay tuned for more integrations and feature upgrades as we strengthen USDs as a fully overcollateralized and autonomous stablecoin.

—

🔗 Borrow at 0% and earn yield on your crypto assets: app.thestandard.io
📘 Learn more: docs.thestandard.io

6 of the best crypto wallets out there

Vulputate adipiscing in lacus dignissim aliquet sit viverra sed etiam risus nascetur libero ornare non scelerisque est eu faucibus est pretium commodo quisque facilisi dolor enim egestas vel gravida condimentum congue ultricies venenatis aliquet sit.

Id at nisl nisl in massa ornare tempus purus pretium ullamcorper cursus
Arcu ac eu lacus ut porttitor egesta pulvinar litum suspendisse turpis commodo
Dignissim hendrerit sit sollicitudin nam iaculis quis ac malesuada pretium in
Sed elementum at at ultricies pellentesque scelerisque elit non eleifend

How to choose the right wallet for your cryptos?

Aliquet sit viverra sed etiam risus nascetur libero ornare non scelerisque est eu faucibus est pretium commodo quisque facilisi dolor enim egestas vel gravida condimentum congue ultricies venenatis aliquet sit quisque quis nibh consequat.

Sed elementum at at ultricies pellentesque scelerisque elit non eleifend

How to ensure the wallet you’re choosing is actually secure?

Integer in id netus magnis facilisis pretium aliquet posuere ipsum arcu viverra et id congue risus ullamcorper eu morbi proin tincidunt blandit tellus in interdum mauris vel ipsum et purus urna gravida bibendum dis senectus eu facilisis pellentesque.

What is the difference from an online wallet vs. a cold wallet?

At at tincidunt eget sagittis cursus vel dictum amet tortor id elementum
Mauris aliquet faucibus iaculis dui vitae ullamco
Gravida mi dolor volutpat et vitae lacus habitasse fames at tempus
Tellus turpis ut neque amet arcu nunc interdum pretium eu fermentum

“Sed eu suscipit varius vestibulum consectetur ullamcorper tincidunt sagittis bibendum id at ut ornare”

Please share with us what is your favorite wallet using #DeFiShow

Tellus a ultrices feugiat morbi massa et ut id viverra egestas sed varius scelerisque risus nunc vitae diam consequat aliquam neque. Odio duis eget faucibus posuere egestas suspendisse id ut tristique cras ullamcorper nulla iaculis condimentum vitae in facilisis id augue sit ipsum faucibus ut eros cras turpis a risus consectetur amet et mi erat sodales non leo.

TheStandard + Chainlink: Redemptions Are Back with Automation Superpowers

George Papp