Shared ownership.
A growing bank
on Standard Reserve.

No. Standard Reserve is an onchain monetary system with its own currency, $STANDARD, run by immutable code rather than a company. The Standard Deviation is an independent proposal to pool ownership of banks that run on that system. It is not affiliated with or endorsed by Standard Reserve.

Charter #729 is founder-owned and operated, and the founder’s wallet is the pool’s custodian. The founder keeps what an untouched one-branch charter would have earned since the mint, plus the 10% fee on realised profit. The pool funds the charter’s other nine branches and receives everything they earn. The pool’s purchase of the charter itself is deferred until founding charters can be traded and a market price exists; its price will reference the average sale of founding charters, and it will be paid only from a disclosed share of realised surplus. An onchain transfer can happen only when Standard Reserve permits it. Pool-funded branches have an economic allocation in our arrangement, not separate ownership under Standard Reserve.

No. Admitted members hold nontransferable pool shares, and the pool operates the founding charter under the arrangement above. Each contribution round publishes its mandate, its window and its cap before it opens. Live acquisition eligibility, deployment and final participation terms must be verified before public contributions open.

The pool’s banks earn a share of what Standard issues, and dividends are paid in $STANDARD. Under Standard’s published design, capital flowing into the system loosens issuance to every active branch; licences bought by any bank are paid in $STANDARD and burned; and half of every resolution fee is paid to the banks that stay. New branches elsewhere share the same daily issuance, so the pool’s own growth matters as much as the system’s. None of this is a forecast or a promised return.

From retiring branches. A retirement releases part of a charter’s balance, net of Standard’s resolution fee. What a charter returns up to what its branches cost is paid back to owners with no fee. Above that, reviewed operating costs and prior realised losses are recovered, the contract charges 10% of the remaining eligible profit, and the rest is paid to every owner in proportion to their shares. A payout is made only from held $STANDARD once obligations and essential reserves are protected. Contributions do not create profit.

No. On Standard, earnings accrue as a balance inside each bank rather than as tokens in a wallet, so internal accrual is distinct from available cash. Retiring selected branches releases a measured receipt while at least one branch remains in that charter. The receipt must pass the pool’s recovery rules before creating eligible profit. A current valuation and available payout cash are also needed to fund a dividend.

No. Pool shares determine ownership and allocations of declared dividends. $STANDARD is Standard Reserve’s currency and the unit dividends are paid in. $STANDEV is a separate proposed token of this protocol with terms still to be defined. No token issuance, sale, buyback or fee benefit is implemented.

The implemented contract lets members queue shares for pool-funded withdrawals. Weekly settlement windows retire only the portion that available $STANDARD can fund, at the round’s reviewed net asset value. Every request in a round is met at one price and in the same proportion, so there is nothing to gain by leaving first. Funded amounts can then be claimed; unfunded shares retain ownership, exposure to losses and dividend rights. There is no entry or exit fee, no requirement for a replacement buyer, and no guaranteed repayment date or principal amount. Unaccepted contributions remain refundable. Shares cannot be transferred.

Public contributions are not yet open. The consumer app, smart contracts and transaction flows are implemented, but production deployment, evidence review and final release checks remain. The app identifies live observations, recorded local rehearsals and unavailable data. The illustrations on this page are examples, not live pool balances; the separate paper simulator moves no real funds.