The Standard Reserve, which claims to be an “on-chain central bank,” has published the details for Genesis minting, and the overall mechanism is more like a launch test designed to deter scientists.
The whitelist window is 17:30–20:30 (EDT) on September 14, i.e., 05:30–10:30 (Beijing time) on September 15, with a fee of 0.15 ETH. If there is any remaining supply, it will then enter a 30-minute Dutch auction, with the price gradually decreasing from 1.25 ETH to 0.15 ETH. All minting proceeds go entirely to the initial liquidity and the protocol treasury; the team does not take a share.
After the trading goes live, a temporary anti-front-running tax will be set during the first hour: it starts at 90% and decays exponentially, with most of it completed within the first 5 minutes. The tax fees go to the protocol. Charter emissions will also be enabled, and 100 sub-branch licenses will be auctioned using STANDARD.
The key question is whether the high tax can stop sniping, but regular users should also avoid making impulsive buy orders in the first few minutes after launch. If you intend to participate, first verify the whitelist and have $ETH ready, and follow the official announcement.
#TheStandardReserve #创世铸造 #on-chain central bank
The whitelist window is 17:30–20:30 (EDT) on September 14, i.e., 05:30–10:30 (Beijing time) on September 15, with a fee of 0.15 ETH. If there is any remaining supply, it will then enter a 30-minute Dutch auction, with the price gradually decreasing from 1.25 ETH to 0.15 ETH. All minting proceeds go entirely to the initial liquidity and the protocol treasury; the team does not take a share.
After the trading goes live, a temporary anti-front-running tax will be set during the first hour: it starts at 90% and decays exponentially, with most of it completed within the first 5 minutes. The tax fees go to the protocol. Charter emissions will also be enabled, and 100 sub-branch licenses will be auctioned using STANDARD.
The key question is whether the high tax can stop sniping, but regular users should also avoid making impulsive buy orders in the first few minutes after launch. If you intend to participate, first verify the whitelist and have $ETH ready, and follow the official announcement.
#TheStandardReserve #创世铸造 #on-chain central bank