Stayers’ cutEvery withdrawal pays an exit fee, 2.3% right now. Half is burned; half streams to the bankers who stayed in the next epoch. An exit of 1,000 $STANDARD sends 11.3 to holders today and 300 at the threshold.
1.1%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.
7%of threshold
Your cut of every exit1.1% for now
Expansion
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.
+44.55 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.+137.04 ETH
This is what steps the multiplier.
Issuance multiplierHow much base issuance is boosted right now.It steps up after each positive epoch.It drops as soon as one turns negative.
0.80× of the base rate
0.21.01.25
No positive streak. Two positive epochs in a row would lift it to 0.90×. A negative epoch would cut it to 0.65×.
Next bonus 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.
22:15:30 until the next bonus
Queued from exit fees
205 $STANDARD
Streaming this epoch
514 $STANDARD
Paid to holders since launch
1,076 $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.
1,680,514 $STANDARD
Remaining
519,520
Per branch · 2,381 branches
218
Reserve ledger
Balance sheet
Expansion vault
1,864.35 ETHreserve purchases when flows are positive
Contraction vault
64.21 ETH3,081.56 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.
