we repointed the domain to https://t.co/7CqqhqQ3Oz
we added 'the' because X support literally wont help us with unflagging the original domain even after we paid for the gold checkmark wtf..
still working on it, if anyone can expedite the process, greatly appreciated
Protocol Updates
Charter auctions are now paused, and Branch auctions have been reduced to 15 Branches per auction until further notice.
King of the Markets rewards have been distributed in each user's selected token to their chosen wallet.
Isolated Exposure Tokens (IETs) are undergoing audits, with results expected in the coming days.
We have changed our domain to "TheStandardReserve (dot) xyz" as the previous one is still in progress of getting unflagged on X.
as the broader market slips even further, protecting existing holders and maintaining disciplined supply management are top priorities
while the protocol remains healthy, we believe these temporary changes are necessary
changes take place in 24h
Auction Changes
Market conditions and onchain activity have slowed across the broader ecosystem.
The team has closely monitored issuance since launch, making adjustments to limit unnecessary dilution as market conditions evolve.
As a result, Charter auctions will be temporarily paused, and Branch issuance will be reduced to 15 Branches per auction.
These changes will take effect in 24 hours (after two more auction cycles).
my bags are somehow dependent on jensen staying faithful, random politicians commenting on tech they have no business commenting on, and an 80 year old president repeatedly saying hyperliquid
incredible tek
crazy that these are 'side' stats that didnt even get an image
to add more context, standard reserve's eth/usdg pool is not just the 2nd largest eth/usdg pool by vol, it is the 2nd largest pool in general on robinhood chain
crazy what concentrated liq and v4 hooks can do innit
Some additional data points:
The Reserve has near total ownership of SKHY trading at 99%.
We seeded an ETH/USDG pool to prove our liquidity efficiency and it is now the 2nd most traded ETH pool on all of Robinhood Chain.
The average LP APY across pools was 58%.
idk if im being dense, but how are people that have zero engineering or math background able to comment on and dictate the developments of ai?
you dont see me trying to rewrite medical textbooks because ive been to a doctor
King of the Markets has officially concluded.
KotM was built to pilot and prove out the Reserve's liquidity thesis, and the results have surpassed all expectations. A more detailed breakdown of the data will be released this week, but for now, some important information regarding rewards.
1) A big part of this process is making sure the reward pool isn't being diluted by sybils and people who tried to game the system (wash traders and token ruggers) so we're taking the time to review all the data before distributing anything.
We've already begun filtering through transaction data to identify wash trading and accounts that attempted to artificially farm points. We want to make sure rewards go to legitimate traders and deployers, not those who tried to game the system.
2) In approximately 6.5 hours, the KotM page will update to show your trading and launchpad activity. You'll be asked to sign with your wallet to confirm where you'd like to receive your rewards and in which token. This is completely free, requires no gas, and takes about 5 seconds.
3) You'll have 120 hours (5 days) to complete this step. If you don't sign within that window, you will not be eligible to receive rewards. Once the 120 hours are up, we'll run one final filter and redistribute any unclaimed rewards from wallets that didn't sign among eligible wallets that did.
4) For those who traded through FOMO, unfortunately, FOMO doesn't make its wallet API public, which makes tracking your activity extremely difficult. We still want to make sure FOMO users aren't left out of rewards, so the best solution we have for now is to export your EVM private key from FOMO and import it into a compatible wallet.
From there, check the FOMO box and complete your payout confirmation, even if your stats show zero activity. We'll manually review these wallets over the coming days to make sure legitimate activity is accounted for.
Please only import your private key into a trusted wallet app. Never share it with anyone or enter it on the KotM website.
5) Once the final filtering and redistribution are complete, rewards will be airdropped directly to your specified wallet in your selected currency.
We appreciate everyone who participated in the pilot. The results have given us a lot of confidence in what we're building, and there's much more to come.
rather than crypto maturing and trading more similarly to equities, equity markets are beginning to trade more like crypto markets
lesson in there somewhere
we actually out here doing what we said we would be doing
every piece of data here is absolutely mind blowing, especially considering we didn't fundraise and have a super lean team
King of the Markets was a pilot to prove that the Reserve could own the liquidity behind Stock Tokens and become the liquidity backbone of Robinhood Chain.
The data has strengthened our conviction in this thesis and exceeded our expectations.
Let's dive into the numbers.
if theres anything i want you to take away, its that you have 5 days to indicate you want to receive rewards
the team is combing through data to ensure real participants are getting rewarded
to those that launched tokens, referred themselves, rugged, and repeat, we see you
King of the Markets has officially concluded.
KotM was built to pilot and prove out the Reserve's liquidity thesis, and the results have surpassed all expectations. A more detailed breakdown of the data will be released this week, but for now, some important information regarding rewards.
1) A big part of this process is making sure the reward pool isn't being diluted by sybils and people who tried to game the system (wash traders and token ruggers) so we're taking the time to review all the data before distributing anything.
We've already begun filtering through transaction data to identify wash trading and accounts that attempted to artificially farm points. We want to make sure rewards go to legitimate traders and deployers, not those who tried to game the system.
2) In approximately 6.5 hours, the KotM page will update to show your trading and launchpad activity. You'll be asked to sign with your wallet to confirm where you'd like to receive your rewards and in which token. This is completely free, requires no gas, and takes about 5 seconds.
3) You'll have 120 hours (5 days) to complete this step. If you don't sign within that window, you will not be eligible to receive rewards. Once the 120 hours are up, we'll run one final filter and redistribute any unclaimed rewards from wallets that didn't sign among eligible wallets that did.
4) For those who traded through FOMO, unfortunately, FOMO doesn't make its wallet API public, which makes tracking your activity extremely difficult. We still want to make sure FOMO users aren't left out of rewards, so the best solution we have for now is to export your EVM private key from FOMO and import it into a compatible wallet.
From there, check the FOMO box and complete your payout confirmation, even if your stats show zero activity. We'll manually review these wallets over the coming days to make sure legitimate activity is accounted for.
Please only import your private key into a trusted wallet app. Never share it with anyone or enter it on the KotM website.
5) Once the final filtering and redistribution are complete, rewards will be airdropped directly to your specified wallet in your selected currency.
We appreciate everyone who participated in the pilot. The results have given us a lot of confidence in what we're building, and there's much more to come.
crazy stat fr. deciding to build on uniswap, specifically v4, was one of the easiest choices we made when building the standard reserve
proud to say we contributed ~500M to this stat since launch, all running through our custom v4 hooks
were just getting started