Stayers’ cutEvery withdrawal pays an exit fee, 2% right now. Half is
burned; half streams to the bankers who stayed in the next epoch. An exit of 1,000
$STANDARD sends 10 to holders today and 300 at the threshold.
1.0%of every exit
RedemptionsTrailing 7-day withdrawals plus live pending exits,
measured against the threshold. The fee runs from 2% at rest to 60% at the
threshold.
0%of threshold
Your cut of every exit1% for now
Initialization
Net capital flowETH coming into the protocol minus ETH
leaving, this epoch.Positive: fees buy
reserves.Flat or negative: fees buy back and
burn $STANDARD.
+2,156.20 ETH this epoch
Fees are headed to the expansion vault.
Two-epoch signalLast epoch’s net flow plus this one so
far.Issuance follows this slower reading, so
one spike can’t swing the rate.+2,156.20 ETH
No reading yet. The signal needs two settled epochs.
Issuance multiplierHow much base issuance is boosted right
now.It steps up after each positive
epoch.It drops as soon as one turns
negative.
1.00× of the base rate
0.21.01.25
Holding at the 1.00× starting position. The rule kicks in
once two epochs have settled.
Next payoutBankers who leave pay an exit
fee.Half is burned. Half goes to everyone who
stayed.Fees collected this epoch stream to your
branches next epoch, on top of base issuance.
71:35:15 until holders are paid
Queued from exit fees
0 $STANDARD
Streaming this epoch
0 $STANDARD
Paid to holders since launch
0 $STANDARD
Issuance this epochHow much $STANDARD this epoch pays out,
split evenly across every open branch. More branches, bigger share.Nothing streams while an epoch waits on
rollover.
2,100,000 $STANDARD
Remaining
2,087,969
Per branch · 1,100 branches
1,898
Reserve ledger
Balance sheet
Expansion vault
111.72 ETHreserve purchases when flows are positive
Contraction vault
111.72 ETH3,134.31 ETH in the pool · buyback eligible nowThe contraction vault buys $STANDARD from
the pool and burns it, one small step at a time.Each buyback is capped and followed by a cooldown. Eligible
now means the cooldown has passed and the next buyback can
run.
