the @standard_rsv daily · day 42
what matters today
• next settle, oct 26 6:00 pm mst: the multiplier is on track to be cut from 0.25x to 0.20x
• it stays at 0.25x instead if this epoch's flow tops +135 eth
$STANDARD $0.208
• down 0.9% in 24h, down 7.5% on the week, down 12% on the month
• mcap $16.8M on minted supply, $9.2M on outstanding
• $0.1M traded in 24h: 56 buys, 76 sells
earnings
• the bank prints 175,000 STANDARD a day (700,000 base x the 0.25 multiplier), split across every branch
• 1 branch earns 45 a day, about $9
• 3,929 branches across 870 charters, 39 more than 24h ago
• 10.25M STANDARD sitting unclaimed in charters
branch auctions (payback at today's earnings)
• oct 24 pm: avg 4,122 · 25 sold in 13 min once buying started · ~180 day payback
• oct 25 am: avg 4,028 · 25 sold in 13 min once buying started · ~174 day payback
• oct 25 pm: avg 3,991 · 25 sold in 10 min once buying started · ~171 day payback
• 303,536 STANDARD paid for those 75 branches
tonight's settle (6:00 pm mst)
• net eth into the pool: -79 this epoch, -135 last epoch
• the two together decide it: -214
• today 0.25x, 0 positive settles in a row so far
• the epoch 13 settle routed 30.2 eth of fees (21.9 eth of it charter sales): 21.1 eth to buybacks (70%, contraction), 4.5 eth to the incentives vault (15%), 4.5 eth to the team (15%)
charter auction
• 1 new charter per 12h auction, lowest price 1 eth
• 2 sold in the last 24h: #1058 at 3.048, #1059 at 3.172 eth
• 59 sold since sep 26 for 237.627 eth in total
• 870 charters open. 2 closed in the last 24h, 189 all-time
s-bill staking
• live since oct 1, 3:19 pm mst: lock STANDARD for 15 days, 1,000 minimum
• rate now 4.20% for 15 days (about 102% a year, simple), range 1% to 7%; your rate is fixed when you deposit
• 15.91M STANDARD locked (+159,933 in 24h), 53% of the 30M cap, 19.7% of supply
• 534,339 STANDARD left to pay premiums
• 37 bills (1.02M) have matured and are not redeemed yet
• unlocking: oct 26 1.05M (37 bills), oct 27 1.08M (14 bills), oct 28 928,716 (27 bills)
• leaving early forfeits the premium and costs 2% to 2.05% right now (the fee can run 2% to 15%)
reserves and supply
• the vaults hold 437 eth: expansion 99, liquidity 293, contraction 46
• circulating 80.8M minted, outstanding 44.2M after the protocol's own pool (34.2M) and the incentives vault (2.44M)
• reserve assets ≈ 2,311 eth: vault eth 448 (incl. the reserve's 70% of the 15.7 eth waiting in the splitter), liquidity positions 1,533 eth, usdg and stocks in the safe 330 eth; 28.6 µeth behind each minted token, 52.3 µeth behind each outstanding token (1.7x backing)
• 23.41M burned for branches so far
• the reserve's 4 trading pools: $52,703,520 traded in 24h, $1,039 of fees to the reserve; 1% of the volume paid no fee
buybacks
• burned: the contraction vault spent 389.9 eth and burned 4.29M STANDARD (68 buys, last one oct 24)
• not burned: the liquidity manager spent 447.0 eth on 5.03M since sep 21. the incentives vault holds 2.44M now, none burned by the manager
• last 24h: the liquidity manager bought 65,088 STANDARD for 6.0 eth in 1 buy
exits and dormancy
• 2 withdrawals in the last 24h
• all-time: 86 withdrawals, 130 branches closed, 690,106 STANDARD out (645,722 after exit fees)
• exit fee today is 2.6%
• withdrawals and dormancy revocations counted in the 7-day fee window: 99,948 STANDARD of the 1,034,957 scale (the fee reaches 60% at the scale)
• a charter idle 30 days can be revoked and 70% slashed
• 0 revocable now, 25 due within 7 days
who holds the branches (charters by branch count)
• 1: 245 · 2: 119 · 3: 110 · 4: 75 · 5: 34
• 6: 26 · 7: 22 · 8: 18 · 9: 18 · 10: 203
i hold 2 charters, not advice
the @standard_rsv daily · day 41
what matters today
• the oct 23 settle cut the multiplier from 0.40x to 0.25x: net eth into the pool over the last two epochs was -197 eth (-62, then -135), and any negative total cuts it
• 1 branch now earns 45 STANDARD a day, down from 74 before the cut, so a branch at the last auction's 4,122 average takes ~179 days to earn back, ~86 at the old rate, ~255 if the oct 26 cut lands
• next settle, oct 26 6:00 pm mst: the multiplier is on track to be cut from 0.25x to 0.20x
• it stays at 0.25x instead if this epoch's flow tops +135 eth
$STANDARD $0.210
• down 2.8% in 24h, down 8.5% on the week, down 21% on the month
• mcap $17.0M on minted supply, $9.3M on outstanding
• $0.2M traded in 24h: 79 buys, 80 sells
earnings
• the bank prints 175,000 STANDARD a day (700,000 base x the 0.25 multiplier), split across every branch
• 1 branch earns 45 a day, about $9
• 3,890 branches across 870 charters, 50 more than 24h ago
• 10.26M STANDARD sitting unclaimed in charters
branch auctions (payback at today's earnings)
• oct 23 pm: avg 4,714 · 25 sold in 22 min once buying started · ~222 day payback
• oct 24 am: avg 4,389 · 25 sold in 9 min once buying started · ~198 day payback
• oct 24 pm: avg 4,122 · 25 sold in 13 min once buying started · ~179 day payback
• 330,655 STANDARD paid for those 75 branches
oct 26 settle (6:00 pm mst)
• net eth into the pool: -54 this epoch, -135 last epoch
• the two together decide it: -189
• today 0.25x, 0 positive settles in a row so far
• the epoch 13 settle routed 30.2 eth of fees (21.9 eth of it charter sales): 21.1 eth to buybacks (70%, contraction), 4.5 eth to the incentives vault (15%), 4.5 eth to the team (15%)
charter auction
• 1 new charter per 12h auction, lowest price 1 eth
• 2 sold in the last 24h: #1056 at 3.049, #1057 at 3.001 eth
• 57 sold since sep 26 for 231.407 eth in total
• 870 charters open. 2 closed in the last 24h, 187 all-time
s-bill staking
• live since oct 1, 3:19 pm mst: lock STANDARD for 15 days, 1,000 minimum
• rate now 3.60% for 15 days (about 88% a year, simple), range 1% to 7%; your rate is fixed when you deposit
• 15.75M STANDARD locked (+130,659 in 24h), 52% of the 30M cap, 19.5% of supply
• 562,291 STANDARD left to pay premiums
• 33 bills (1.15M) have matured and are not redeemed yet
• unlocking: oct 25 331,049 (13 bills), oct 26 1.08M (40 bills), oct 27 1.08M (14 bills)
• leaving early forfeits the premium and costs 2% to 2.06% right now (the fee can run 2% to 15%)
reserves and supply
• the vaults hold 443 eth: expansion 99, liquidity 299, contraction 46
• circulating 80.8M minted, outstanding 44.5M after the protocol's own pool (34.0M) and the incentives vault (2.37M)
• reserve assets ≈ 2,305 eth: vault eth 450 (incl. the reserve's 70% of the 9.5 eth waiting in the splitter), liquidity positions 1,525 eth, usdg and stocks in the safe 330 eth; 28.5 µeth behind each minted token, 51.8 µeth behind each outstanding token (1.7x backing)
• 23.21M burned for branches so far
• the reserve's 4 trading pools: $53,926,750 traded in 24h, $717 of fees to the reserve; 0% of the volume paid no fee
buybacks
• burned: the contraction vault spent 389.9 eth and burned 4.29M STANDARD (68 buys, last one oct 24)
• not burned: the liquidity manager spent 441.0 eth on 4.96M since sep 21. the incentives vault holds 2.37M now, none burned by the manager
• last 24h: the contraction vault burned 181,159 STANDARD for 16.9 eth in 3 buys; the liquidity manager bought 64,738 STANDARD for 6.0 eth in 1 buy
exits and dormancy
• 2 withdrawals in the last 24h
• all-time: 84 withdrawals, 117 branches closed, 637,668 STANDARD out (594,563 after exit fees)
• exit fee today is 2.4%
• withdrawals and dormancy revocations counted in the 7-day fee window: 82,097 STANDARD of the 1,033,689 scale (the fee reaches 60% at the scale)
• a charter idle 30 days can be revoked and 70% slashed
• 0 revocable now, 23 due within 7 days
who holds the branches (charters by branch count)
• 1: 246 · 2: 139 · 3: 95 · 4: 69 · 5: 37
• 6: 25 · 7: 22 · 8: 17 · 9: 20 · 10: 200
i hold 2 charters, not advice
b̷͓͛i̸̾t̡̼͒f̾l̶̺̍o̢͘o̸̻͓̎͗r̷̖̪̐s̍g̶̨̾h̙͎͛o̸s̼̐t̷̺͒ retweeted
when you deliberately didn't buy snacks to avoid snacking at night, but now it's night & there's no snacks
b̷͓͛i̸̾t̡̼͒f̾l̶̺̍o̢͘o̸̻͓̎͗r̷̖̪̐s̍g̶̨̾h̙͎͛o̸s̼̐t̷̺͒ retweeted
This guy’s zeal and positivity are infectious. Well worth the watch, and what incredible scenery. youtu.be/3pfnSu6HLB8?si=RH7A…
b̷͓͛i̸̾t̡̼͒f̾l̶̺̍o̢͘o̸̻͓̎͗r̷̖̪̐s̍g̶̨̾h̙͎͛o̸s̼̐t̷̺͒ retweeted
Scoring a touchdown, doing a backflip then cutting to your own commercial goes pretty hard.
me on if i regret losing my retirement gambling in prediction markets
"I enjoy life. I don’t really regret a lot of things I do. I appreciate my life. I appreciate God waking me up every morning."
Anthony Richardson on if he regrets marijuana possession charge, via @RomeovilleKid:
"I enjoy life. I don’t really regret a lot of things I do. I appreciate my life. I appreciate God waking me up every morning."
b̷͓͛i̸̾t̡̼͒f̾l̶̺̍o̢͘o̸̻͓̎͗r̷̖̪̐s̍g̶̨̾h̙͎͛o̸s̼̐t̷̺͒ retweeted
Sometimes you get Maserati Marv, sometimes you get Mitsubishi Marv

































