The banker’s share.
Without a bank.
Standard Reserve issues new $STANDARD every day and pays all of it to its banks. Holders receive none of it. Running a bank takes a charter, several ETH and daily attention. The Standard Deviation pools ETH into Standard’s banks and runs them by rule, so every member receives a banker’s share, paid in $STANDARD, without buying or running a bank.
Open to new ETH
Refundable until a purchase spends it.
Holding pays nothing.
Banks are paid daily.
Standard Reserve pays its new $STANDARD to its banks, never to holders. A bank of your own pays you only by retiring branches, and every branch retired stops earning. The pool buys them back in the same transaction, so it pays you every week and keeps every branch.
Standard pays.
Banks earn.
Members share.
A share of Standard’s banks.
Without a charter of your own.
A bank on Standard is a charter with up to ten branches. What its branches earn builds up inside it as a balance, not as tokens in a wallet, and Standard releases that balance only when branches are retired. A retired branch is destroyed.
The pool is built around that rule. It buys branches with members’ ETH, lets their balance build, and releases it by rotation, so each bank keeps its size while its earnings come out.
How the pool fits inside Standard Reserve.
- MembersETH enters the pool
- The pool’s banksCharters and branches, run by rule
- RotationEarnings released, branches kept
Payouts → members$STANDARD is paid; units remain.
New ETH → more branchesNew ETH fills the next bank.
The ETH goes in once.
The earnings come out every week.
Members’ ETH buys charters and branches at Standard’s own auctions, and stays refundable until a purchase spends it. Every branch earns an equal share of what Standard issues, and it builds up inside the bank. When a licence is cheap against that balance, the pool retires a few branches and buys as many back in the same transaction, so the earnings come out and the bank keeps its size. Withdrawals are paid first, then every member in proportion to their units, in weekly $STANDARD instalments.
Contribute → build → rotate → pay out.
Take the earnings.
Keep the bank.
A banker who wants their $STANDARD has to retire branches, and a retired branch never earns again. The pool rotates instead. When a licence is cheap against what its branches have built up, it retires a few, buys as many back in the same transaction from the bank’s own balance, and pays out the rest. The earnings come out. The bank keeps its size.
Buy in every sale.
Late in each of Standard’s licence sales, under a published price ceiling, one bank at a time until it holds ten branches. A new charter only when the pool’s ETH covers it.
Never pay for a panic.
Standard charges more to retire branches when many leave at once. The pool waits for a spike to pass, and never rotates above its cap.
Never go quiet.
A bank silent for thirty days can be closed by anyone for 70% of its balance. The pool’s banks check in on schedule.
One value, in and out.
Members join and leave at the same value per unit. Leaving can take time; it is never priced lower.
Read it from the chain.
Not from us.
Reading the chain…
- Branches earning for members
- —
- $STANDARD a day, for members
- —
- The next bank, funded
- —
THE SMALL PRINT
- Refundable until spent. Your ETH waits in the pool and can be taken back until a purchase spends it; the earliest deposits are spent first.
- Leaving. Withdrawals are paid in $STANDARD in weekly rounds, at the same value per unit new members pay. It can take several rounds while the pool releases little, and no repayment date or amount is guaranteed.
- Costs. No fee to join or leave. The pool takes 10% of realised profit; Standard Reserve’s taxes and retirement fees apply as they do to every banker.
- Custody. Charter 729 is held in the founder’s wallet for the pool; charters the pool buys are held by its own charter reserve contract. The pool’s rules change only with seven days’ public notice.
- $STANDEV is the protocol’s proposed token. Its rights are not yet defined, and pool units carry none. Units are recorded against your wallet and cannot be transferred.
Follow the capital.
See what remains.
Every purchase, rotation, payout and withdrawal is on chain, and the app shows each one.
Contribute ETH