Sight Genesis NFT allocation update:
162 GTD + 532 WL so far.
Check if you qualified ๐
https://t.co/iqBfjxseYQ
No paid spots. No hidden allocations.
Just being transparent.
Supply Identity
Circulating supply is essentially a receipt: Genesis + Mints - Cumulative Burns. With hard caps, no pre-mints outside full-range POL, and active supply sinks across every user interaction, every path through the economy either burns $STANDARD or stacks physical hard reserves (like tokenized gold).
The bank isnโt run by a board or a governance token, the bank is code.
Deep dive into the architecture: https://t.co/IjKGbzpLtb
Most algorithmic monetary experiments fail because human discretion or flawed game theory leaks into the system.
@standard_rsv is tackling this head-on: 4,000 lines of immutable code acting as a closed, sovereign central bank.
Here is a breakdown of the design architecture ๐งต๐
Inverted Bank Run Dynamics
In traditional finance, rushing to the exit first saves capital. Under Standard, exit volume activates a dynamic quadratic resolution fee. Half of every exit fee is burned; the other half is directly paid out to remaining bankers. Exiting enriches those who stay.