The Standard Reserve ends Genesis Charters minting, raising 583.6 ETH

"The Sovereign Chain Central Bank" The Standard Reserve has completed the minting of Genesis Charters. This minting raised a total of 583.6 ETH (approximately 1.47 million USD). The whitelist minting price was 0.15 ETH, and the majority of the public auction transaction prices fell between 1.23 and 1.25 ETH. The proceeds from the minting will be 100% allocated to initial liquidity and the protocol treasury, with no profit sharing for the team.

According to GMGN market data, the market capitalization of STANDARD briefly reached 18.38 million USD, with the current market capitalization at 17.06 million USD. The first hour of STANDARD token trading set a temporary anti-sniping tax, starting at 90% and exponentially decaying, with most of the decay occurring in the first 5 minutes, and the tax fees going into the protocol; after 1 hour, regular trading fees will resume.