On-chain central bank project The Standard Reserve to launch on September 14
The on-chain central bank project The Standard Reserve announced it will launch on September 14. Initiated by developer 0xBeans, the project is positioned as a revised version of Olympus DAO (OHM) and is planned for deployment on the Robinhood Chain. The project is currently undergoing audits and whitelist distribution, with no tokens or NFTs available for trading yet. The issuance mechanism relies on net ETH flow in the official Uniswap v4 ETH/$STANDARD pool to adjust supply and manage reserve assets. The total supply of STANDARD is capped at 1 billion tokens.
Summaries are written by AI from the original article. Not investment advice.