The Standard Reserve, which claims to be an “on-chain central bank,” has published the genesis minting details: the whitelist window is 17:30–20:30 in US Eastern Time on September 14, which is 05:30–10:30 Beijing time on September 15, with a fee of 0.15 $ETH .
After the whitelist ends, the remaining Genesis Charters enter a 30-minute Dutch auction, with the price gradually decreasing from 1.25 ETH to 0.15 ETH. The official says that 100% of the minting proceeds will go into initial liquidity and the protocol treasury, and the team will not take a share.
After minting is completed, liquidity will be injected and STANDARD trading will be opened. In the first hour, there will be a temporary anti-bot tax of 90% that decays exponentially; most of the price drop occurs within the first 5 minutes. The tax fees go to the protocol, and normal fees resume after 1 hour. At the same time, Charter emissions will be launched, and 100 branch license plates will be auctioned.
The mechanism is designed to favor anti-bot measures and fair allocation, but there is uncertainty both during the high-tax period and the auction bidding. Participants should verify official information and manage risk.
#TheStandardReserve #创世铸造 #Dutch auction
After the whitelist ends, the remaining Genesis Charters enter a 30-minute Dutch auction, with the price gradually decreasing from 1.25 ETH to 0.15 ETH. The official says that 100% of the minting proceeds will go into initial liquidity and the protocol treasury, and the team will not take a share.
After minting is completed, liquidity will be injected and STANDARD trading will be opened. In the first hour, there will be a temporary anti-bot tax of 90% that decays exponentially; most of the price drop occurs within the first 5 minutes. The tax fees go to the protocol, and normal fees resume after 1 hour. At the same time, Charter emissions will be launched, and 100 branch license plates will be auctioned.
The mechanism is designed to favor anti-bot measures and fair allocation, but there is uncertainty both during the high-tax period and the auction bidding. Participants should verify official information and manage risk.
#TheStandardReserve #创世铸造 #Dutch auction