In an ordinary bank run, leaving first wins. @standard_rsv reverses that.
The exit fee is φ = 2% + 58% × min(P/10%, 1)², where P is the share of all bank balances withdrawn in the last seven days.
Leave in calm: you keep ~98%.
Leave in a run: you keep ~40%.
Stay through a run: your share of the daily $STANDARD issue grows as branches close, and you collect half of every fee the leavers pay.
The more bankers leave, the more leaving costs and the more staying pays. For a bank with no need to exit, staying is the dominant strategy. The only losing position is being forced out in a crowd.
The Standard Deviation is built to be the bank that never needs to leave.
The @standard_rsv rewards scale, patience and liveness.
The $Standard Deviation industrializes those characteristics.
We turn scarce banker capacity into a scalable, continuously operated capital strategy accessible to everyone.
Next week our doors open.
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