TREE NEWS update: The Standard Reserve, an on-chain reserve protocol, said it will launch on September 14, with two security audits finding no critical vulnerabilities and audit reports to be published before launch. The protocol, which mints tokens from ETH capital flows using an OHM-style reserve-currency mechanism and calls itself a “sovereign on-chain central bank,” has a hard cap of 1 billion $STANDARD tokens and will open only 1,000 “Founding Charters” slots.
On-chain reserve protocol The Standard Reserve to launch Sept 14
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AI take
The Standard is reviving the OHM-style reserve-currency model at a moment when that design's sustainability remains unproven, so the audits matter less than the mechanism itself. The 1,000-charter structure concentrates early participation and sets the tone for how the token's supply dynamics will be perceived once trading begins. Whether the reserve backing holds as ETH flows in and out is the open question, and it will define how this experiment is judged against earlier reserve-currency projects.
Generated by AI for reference only.
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