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i usually tell this in snippets, but here's the origin story.
born in la, found myself in high places in my 20s which is when i met a grungy dallas rapper 19, fake gold grills, nappy braids, and a nowitzki jersey. we clicked.
he offered me a job.
he was @PostMalone
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banking is in my blood
banking is a rite of passage
my people are bred for this
i promise to fulfill the prophecy
@0xbeans please let me validate some (not all) of the stereotypes
✡️
The Standard Reserve will launch in 2 days, on 9/14.
A significant portion of spots have been left unallocated for public participation.
The thread below covers:
- Mint Details
- Mint Schedule
- Token Trading
- Day 1 Protocol Details
Made with AI
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tomorrow is a big day and id be lying if i wasnt shitting my pants thinking about it
this whole thing started out as just a culmination of everything i liked in defi with some new mechanics, uniswap v4 hooks tied it all nicely together
i thought this was gonna be a project for the deep corners of onchain crypto, for the few hundred washed plumbers that are left. it was something we were bullish enough on to self fund the entire development of
never would i have expected a whitepaper to garner this much attention. i never thought there would be a timeline where i would want LESS attention on a launch
we are a lean team and we tried to adapt to everything, and i do believe we tried our best to do right by the ppl. i believe we set this launch up in a way that is fair and open, and the team will keep building in that ethos
i truly have no idea how launch is going to go tmr so nothing is financial advice, everything is experimental software, standard reserve is not a legally chartered bank or financial institution, play at your own risk
whatever happens, thank you for all the support. you’ve all given a few of us plumbers a lot to smile about
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alec retweeted
The Standard Reserve is coming on September 14.
Both audits have found 0 critical vulnerabilities, reports will be made public before launch.
More details coming over the next few days.
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alec retweeted
THE TREASURY HAS ACTED.
Bretton Woods acquired:
3.876 $BTC
68.6 oz GOLD
~$600k deployed.
~$130k remains in $USDG.
Backing per $WOOD: ~$0.117
Onchain. Verifiable.
The People’s Reserve.
MONETARY OPERATIONS ARE BEGINNING.
The Bretton Woods treasury will begin deploying reserve assets into Bitcoin and gold today.
Expect movement across treasury wallets as positions are established.
Everything remains onchain
Everything remains verifiable
The People’s Reserve.
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