# STP Network

> STP Network (STPT) was a decentralized platform for digital asset issuance, powered by the STP token, which facilitated token offerings in a regulatory-complian...

- Canonical URL: https://dev.iq.wiki/wiki/stp-network
- Categories: Projects & Protocols
- Tags: DeFi, Infrastructure
- Created: 2022-08-10T10:39:25.093Z
- Last updated: 2025-07-17T19:48:26.821Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**STP Network (STPT)** was a decentralized platform for digital asset issuance, powered by the STP token, which facilitated token offerings in a regulatory-compliant manner across numerous jurisdictions worldwide. [\[1\]](#cite-id-5j2dj1bdwnj)

# Overview

The Standard Tokenization Protocol (STP) Network provided no-code tools and infrastructure to simplify the creation and management of [DAOs](https://iq.wiki/wiki/dao) across multiple [blockchains](https://iq.wiki/wiki/blockchain), including [Ethereum](https://iq.wiki/wiki/ethereum), [Polygon](https://iq.wiki/wiki/polygon), [BNB Chain](https://iq.wiki/wiki/binance-smart-chain), and [Klaytn](https://iq.wiki/wiki/klaytn). Initially launched as Verse Network on an [EVM](https://iq.wiki/wiki/ethereum-virtual-machine-evm)-compatible platform in 2021, STP aimed to improve decentralized decision-making, cross-chain interoperability, scalability, and operational efficiency. In 2022, it introduced the BNB Chain Application Sidechain (BAS), which offered high throughput and low [transaction fees](https://iq.wiki/wiki/transaction-fee) to support more scalable and secure [DAO](https://iq.wiki/wiki/dao) operations.

STP also expanded beyond traditional [DAO](https://iq.wiki/wiki/dao) use cases by developing Autonomous Worlds (AWs), real-time, on-chain environments for persistent user interaction in gaming and metaverse contexts. As of that time, STP supported over 440 [DAOs](https://iq.wiki/wiki/dao) spanning decentralized governance, gaming, esports, and AI communities. The native token, STPT, served as a [utility](https://iq.wiki/wiki/utility-token) asset to reduce fragmentation in [DAO](https://iq.wiki/wiki/dao) ecosystems and enable no-code [DAO](https://iq.wiki/wiki/dao) creation and management through the Clique platform. This tool provided a central dashboard for overseeing multiple [DAOs](https://iq.wiki/wiki/dao) and integrated compliance features. STPT was also used to issue permissioned [ERC-20](https://iq.wiki/wiki/erc-20) tokens that enforced issuer-specific and regulatory rules on-chain, enabling compliant asset tokenization and cross-border ownership transfers. [\[7\]](#cite-id-KHw60zDMY7) [\[8\]](#cite-id-lbyDkLxykD)

## Rebranding

In May 2025, the STP Network rebranded to [AWE Network](https://iq.wiki/wiki/awe-network) following a community-approved proposal, marking a strategic shift from coordination infrastructure toward Autonomous Worlds. The rebrand includes a 1:1 token swap from $STPT to $AWE with no change in total supply, along with updates to the website, visual identity, social media, and all ecosystem references.

[AWE Network](https://iq.wiki/wiki/awe-network) focuses on enabling scalable, AI-driven autonomous worlds where thousands of agents collaborate using advanced technologies like parallel processing and GPU optimization. This transition reflects STP’s evolution since its 2019 launch—from [DAO](https://iq.wiki/wiki/dao) tooling and identity systems to [AI agents](https://iq.wiki/wiki/ai-agents) and multi-agent environments—with developments such as AWNS, a decentralized identity protocol, and infrastructure for [AI agents](https://iq.wiki/wiki/ai-agents) capable of learning and interacting. The rebranding aligns the project’s identity with its new direction and ecosystem goals. [\[9\]](#cite-id-1WoMm2WNUu) [\[10\]](#cite-id-pFDA8o80ni)

# Features

## STPT Standard

![](https://ipfs.everipedia.org/ipfs/QmbRNjuaRUY9DXnzQDaVNkDWJa2VDPuKQGianQ1AGXZjwF)

STP Network’s STP-Standard was an open-source standard that defined how ownership of tokenized assets was generated, issued, sent, and received while complying with necessary regulations. Everything built on top of the STP-Standard used the protocol’s on-chain Compliance Validator to verify compliance with relevant laws (such as [KYC](https://iq.wiki/wiki/know-your-customer-kyc), [AML](https://iq.wiki/wiki/anti-money-laundering-aml), accreditation, etc.) as well as any issuer-specific requirements (including ownership concentration, holding periods, and voting). The [Validator](https://iq.wiki/wiki/validator) Committee served an advisory function to ensure the Compliance Validator enforced the most up-to-date legislation. STP Network allowed assets to move freely across jurisdictions and platforms in a fully compliant manner. [\[4\]](#cite-id-t5emoq8pcw)

## STP 2.0

STP 2.0 was a synthetic tokenization protocol developed on [Polkadot](https://iq.wiki/wiki/polkadot) that enabled the creation and trading of synthetic assets (ST-Assets) representing tokens from multiple [blockchain](https://iq.wiki/wiki/blockchain) networks. It supported cross-chain value transfer and allowed users to build multi-chain indices tracking groups of assets across various token standards. The platform initially issued these indices, intending to enable users to customize them later. [Polkadot’s](https://iq.wiki/wiki/polkadot) infrastructure was designed to support interoperability and enhance transaction efficiency compared to [Ethereum](https://iq.wiki/wiki/ethereum). [\[4\]](#cite-id-t5emoq8pcw)

## STPT Integration

STP integrated its [stablecoin](https://iq.wiki/wiki/stablecoin), USTP, with [Curve Finance](https://iq.wiki/wiki/curve-finance) to launch a USTP/[USDT](https://iq.wiki/wiki/tether) metapool. This metapool enabled trading between USTP and a base pool of other [stablecoins](https://iq.wiki/wiki/stablecoin), including [USDT](https://iq.wiki/wiki/tether), [USDC](https://iq.wiki/wiki/usdc), and [DAI](https://iq.wiki/wiki/dai), providing deeper liquidity for USTP within the STP ecosystem. [Liquidity providers](https://iq.wiki/wiki/liquidity-providers) could contribute one or more of these [stablecoins](https://iq.wiki/wiki/stablecoin) to the pool, thereby gaining exposure across the group. This move was part of STP's broader effort to expand its presence within [decentralized finance](https://iq.wiki/wiki/defi) by partnering with established [DeFi](https://iq.wiki/wiki/defi) protocols. [\[5\]](#cite-id-6qduxo1t83)

### USTP

USTP was a [stablecoin](https://iq.wiki/wiki/stablecoin) used within the STP Ecosystem and STP [DAO](https://iq.wiki/wiki/dao), functioning as part of a decentralized governance structure where STPT holders influenced key protocol decisions, including those related to USTP and its associated [DeFi](https://iq.wiki/wiki/defi) platforms. It enabled users to pursue yield opportunities, apply [DeFi](https://iq.wiki/wiki/defi) strategies, and transact across various platforms both within and beyond the ecosystem, such as Blockzone and ChickenSwap. USTP was over-collateralized by STPT to mitigate the risks of [liquidation](https://iq.wiki/wiki/liquidation) during market volatility. [\[5\]](#cite-id-6qduxo1t83)

# STP Token

![](https://ipfs.everipedia.org/ipfs/QmboEgs5KkVFvaBqG8cq9rfHZRfabJTRPTkqZmMtVJcKPL)

STP Network's platform token, STPT, was designed to align network participants and support core protocol functions. It was required for multiple use cases, including paying issuance fees for creating STP-Standard tokens that represented fractional legal ownership and adhered to compliance requirements via the Compliance Validator. STPT was also used as [gas](https://iq.wiki/wiki/gas) to execute compliance verification during transactions, and enabled a [proof-of-stake](https://iq.wiki/wiki/proof-of-stake) system where holders could earn rewards by staking tokens to validate regulatory compliance. Governance was managed through a [validator](https://iq.wiki/wiki/validator) committee elected by token holders, with [validators](https://iq.wiki/wiki/validator) earning STPT for maintaining proper function and legal alignment of the Compliance Validator.

## AWE Token

In May 2025, STPT was replaced by $AWE at a 1:1 ratio, which operates on [Base](https://iq.wiki/wiki/base) and supports core functions in the [AWE Network](https://iq.wiki/wiki/awe-network), including governance, simulation costs, agent tipping, inference, and interaction with AI-based environments through World.Fun. [\[6\]](#cite-id-h15tsnw3yg5) [\[9\]](#cite-id-1WoMm2WNUu)

# Partnerships

* [AltLayer](https://iq.wiki/wiki/altlayer)
* [Phala](https://iq.wiki/wiki/phala-network)
* [ElizaOS](https://iq.wiki/wiki/eliza-ai)
* Cudis
* KGeN
* OrcaMind
* Privasea
* TimeSoul
* [NEOPIN](https://iq.wiki/wiki/neopin)
* GRAM
* [Swarm](https://iq.wiki/wiki/swarm-network)
* Boom
* Layer3