THE JADE RESERVE MONETARY POLICY · EPOCHS OF THREE DAYS ALIGNED TO STANDARD RESERVE · EXPANSION UNLESS LAST EPOCH SAW A NET OUTFLOW OF AT LEAST 1 BABA: BUYS 0% SELLS 1% · CONTRACTION ON A NET OUTFLOW OF 1 BABA OR MORE: SELLS 2% + 8% × (2 × OUTSHARE − 1), 10% AT FULL OUTFLOW · POOL BUYERS WHO HOLD 30 DAYS PAY HALF THE SELL FEE, THE DISCOUNT RISING LINEARLY FROM DAY 1 AFTER THEIR FIRST POOL BUY · THE JADE RESERVE MONETARY POLICY · EPOCHS OF THREE DAYS ALIGNED TO STANDARD RESERVE · EXPANSION UNLESS LAST EPOCH SAW A NET OUTFLOW OF AT LEAST 1 BABA: BUYS 0% SELLS 1% · CONTRACTION ON A NET OUTFLOW OF 1 BABA OR MORE: SELLS 2% + 8% × (2 × OUTSHARE − 1), 10% AT FULL OUTFLOW · POOL BUYERS WHO HOLD 30 DAYS PAY HALF THE SELL FEE, THE DISCOUNT RISING LINEARLY FROM DAY 1 AFTER THEIR FIRST POOL BUY ·
ROBINHOOD CHAIN 4663 · LAUNCH FACTORY 0x3D69104Da2518f4833D71444D6611310F2D685f2 · LAUNCH HOOK 0x963fE3e549308734048E42Dbe751150eF1C425cC · ROUTER 0x3c7476e8Be0efd5b9667421448a99E217B806E80 · FEE ESCROW 0x479B2997a7283f7d3baacc984558fe4e1D7467af · CHARTER DROP 0xb8748E02f07dd80F1DB99A49F92546B2210D844d · BABA 0xad25Ac6C84D497db898fa1E8387bf6Af3532a1c4 · ROBINHOOD CHAIN 4663 · LAUNCH FACTORY 0x3D69104Da2518f4833D71444D6611310F2D685f2 · LAUNCH HOOK 0x963fE3e549308734048E42Dbe751150eF1C425cC · ROUTER 0x3c7476e8Be0efd5b9667421448a99E217B806E80 · FEE ESCROW 0x479B2997a7283f7d3baacc984558fe4e1D7467af · CHARTER DROP 0xb8748E02f07dd80F1DB99A49F92546B2210D844d · BABA 0xad25Ac6C84D497db898fa1E8387bf6Af3532a1c4 ·
JRJRJRJR
Robinhood Chain · Series 012
The Jade Reserve
This note promises nothing
1.00%Sell fee this epoch: 1.00%
Sell fee · Expansion · Epoch 012
1.00%
JR0120000000
JR0120000000
The Market, Governor
Next policy in 08:13:28closes Wed, 21 Oct 2026 01:00:30 UTC
SPECIMEN
A central bank in miniature. Its monetary policy is set by the market, every three days. Specimen until launch: the rules are real, the flows are illustrative.
Every three days the market sets the policy. If last epoch's sellers took out at least 1 BABA more than buyers paid in, the next epoch runs in contraction and the sell fee rises with the share of flow that left. Otherwise it is expansion: buys are free and sells pay 1%.
Net inflow 10.504 BABA. Epoch 012 runs in expansion.
Sell fee by last epoch's outflow share. Now: 38.66% out, so the base sell fee is 1.00%. Contraction needs a net outflow of at least 1 BABA. At last epoch's volume that is an outflow share above 51.08% (dashed line).
Sell fee this epoch
1.00%1.00%
Module fee, before any holding discount
Buy fee
0.00%0.00%
Standard base fee, every trade
1.00%1.00%
Your sell fee today
A personal quote appears here once the policy module is live, after launch.
The discount is for pool buyers only: up to 50% off the sell fee, rising linearly from day 1 to day 30 after a wallet's first buy in the pool. Wallets that bought on the bonding curve, or received $JADE by transfer, pay the full sell fee.
THE TREASURY RECEIVES EVERY MODULE FEE · IN EXPANSION IT HOLDS BABA AS THE RESERVE · IN CONTRACTION ANYONE MAY OPERATE A BUYBACK AND BURN, AT MOST ONE PER SIX HOURS, FOR A 0.5% TIP · BUYBACKS IN AN EPOCH NEVER EXCEED THE PREVIOUS EPOCH’S NET OUTFLOW · A NEW POLICY MODULE IS PROPOSED IN PUBLIC TWO DAYS BEFORE IT CAN APPLY · THERE IS NO WITHDRAW PATH · THE TREASURY RECEIVES EVERY MODULE FEE · IN EXPANSION IT HOLDS BABA AS THE RESERVE · IN CONTRACTION ANYONE MAY OPERATE A BUYBACK AND BURN, AT MOST ONE PER SIX HOURS, FOR A 0.5% TIP · BUYBACKS IN AN EPOCH NEVER EXCEED THE PREVIOUS EPOCH’S NET OUTFLOW · A NEW POLICY MODULE IS PROPOSED IN PUBLIC TWO DAYS BEFORE IT CAN APPLY · THERE IS NO WITHDRAW PATH · THE TREASURY RECEIVES EVERY MODULE FEE · IN EXPANSION IT HOLDS BABA AS THE RESERVE · IN CONTRACTION ANYONE MAY OPERATE A BUYBACK AND BURN, AT MOST ONE PER SIX HOURS, FOR A 0.5% TIP · BUYBACKS IN AN EPOCH NEVER EXCEED THE PREVIOUS EPOCH’S NET OUTFLOW · A NEW POLICY MODULE IS PROPOSED IN PUBLIC TWO DAYS BEFORE IT CAN APPLY · THERE IS NO WITHDRAW PATH ·
The reserve · Treasury · Specimen figures
The Reserve
Every module fee, and 30 of Standard's 100 bps base fee, goes to the treasury. In expansion it holds BABA as the national reserve. In contraction anyone may operate a buyback that buys $JADE in the pool and burns it. There is no withdraw function.
None. Last epoch had no net outflow over the floor.
Never more than last epoch's net outflow.
Operate the Reserve
After launch, anyone can trigger a buyback in contraction and is paid 0.5% of the amount spent. The button appears here when the treasury's own canOperate() check passes.
Buyback ledger
Epoch
Spent, BABA
Burned, $JADE
Tip, BABA
Caller
Transaction
011
2.470
1,150,469
0.0123
specimen
specimen
009
3.894
1,756,303
0.0194
specimen
specimen
006
6.302
2,720,595
0.0315
specimen
specimen
THE JADE RESERVE MONETARY POLICY · EPOCHS OF THREE DAYS ALIGNED TO STANDARD RESERVE · EXPANSION UNLESS LAST EPOCH SAW A NET OUTFLOW OF AT LEAST 1 BABA: BUYS 0% SELLS 1% · CONTRACTION ON A NET OUTFLOW OF 1 BABA OR MORE: SELLS 2% + 8% × (2 × OUTSHARE − 1), 10% AT FULL OUTFLOW · POOL BUYERS WHO HOLD 30 DAYS PAY HALF THE SELL FEE, THE DISCOUNT RISING LINEARLY FROM DAY 1 AFTER THEIR FIRST POOL BUY · THE JADE RESERVE MONETARY POLICY · EPOCHS OF THREE DAYS ALIGNED TO STANDARD RESERVE · EXPANSION UNLESS LAST EPOCH SAW A NET OUTFLOW OF AT LEAST 1 BABA: BUYS 0% SELLS 1% · CONTRACTION ON A NET OUTFLOW OF 1 BABA OR MORE: SELLS 2% + 8% × (2 × OUTSHARE − 1), 10% AT FULL OUTFLOW · POOL BUYERS WHO HOLD 30 DAYS PAY HALF THE SELL FEE, THE DISCOUNT RISING LINEARLY FROM DAY 1 AFTER THEIR FIRST POOL BUY · THE JADE RESERVE MONETARY POLICY · EPOCHS OF THREE DAYS ALIGNED TO STANDARD RESERVE · EXPANSION UNLESS LAST EPOCH SAW A NET OUTFLOW OF AT LEAST 1 BABA: BUYS 0% SELLS 1% · CONTRACTION ON A NET OUTFLOW OF 1 BABA OR MORE: SELLS 2% + 8% × (2 × OUTSHARE − 1), 10% AT FULL OUTFLOW · POOL BUYERS WHO HOLD 30 DAYS PAY HALF THE SELL FEE, THE DISCOUNT RISING LINEARLY FROM DAY 1 AFTER THEIR FIRST POOL BUY ·
The minutes · Specimen notices
Policy Statements
When an epoch closes, the Reserve publishes what the flow was and what the contract therefore set for the next three days. Each notice has its own page and card.
15% of $JADE, 150,000,000 tokens, is set aside for holders of Standard Reserve Charters, paid per branch.
1
At graduation the 150,000,000 $JADE moves to Standard's CharterDrop contract. Every Charter that exists at that moment is in scope.
2
The snapshot records each Charter's live branch count at the CentralBank, once. Anyone can run it. When it finishes, one branch's share is set: 150,000,000 divided by the total frozen branches of all Charters.
3
Paid per branch retired. Each branch a Charter closes below its frozen count pays one share to the Charter's owner, who claims it. A branch reopened and closed again does not pay twice.
4
After 365 days anything unclaimed can be sent to Standard Reserve's fee multisig by anyone.
Remittance enquiryForm JR-15
ROBINHOOD CHAIN 4663 · LAUNCH FACTORY 0x3D69104Da2518f4833D71444D6611310F2D685f2 · LAUNCH HOOK 0x963fE3e549308734048E42Dbe751150eF1C425cC · ROUTER 0x3c7476e8Be0efd5b9667421448a99E217B806E80 · FEE ESCROW 0x479B2997a7283f7d3baacc984558fe4e1D7467af · CHARTER DROP 0xb8748E02f07dd80F1DB99A49F92546B2210D844d · BABA 0xad25Ac6C84D497db898fa1E8387bf6Af3532a1c4 · ROBINHOOD CHAIN 4663 · LAUNCH FACTORY 0x3D69104Da2518f4833D71444D6611310F2D685f2 · LAUNCH HOOK 0x963fE3e549308734048E42Dbe751150eF1C425cC · ROUTER 0x3c7476e8Be0efd5b9667421448a99E217B806E80 · FEE ESCROW 0x479B2997a7283f7d3baacc984558fe4e1D7467af · CHARTER DROP 0xb8748E02f07dd80F1DB99A49F92546B2210D844d · BABA 0xad25Ac6C84D497db898fa1E8387bf6Af3532a1c4 · ROBINHOOD CHAIN 4663 · LAUNCH FACTORY 0x3D69104Da2518f4833D71444D6611310F2D685f2 · LAUNCH HOOK 0x963fE3e549308734048E42Dbe751150eF1C425cC · ROUTER 0x3c7476e8Be0efd5b9667421448a99E217B806E80 · FEE ESCROW 0x479B2997a7283f7d3baacc984558fe4e1D7467af · CHARTER DROP 0xb8748E02f07dd80F1DB99A49F92546B2210D844d · BABA 0xad25Ac6C84D497db898fa1E8387bf6Af3532a1c4 ·
The machinery · Three plates
How it works
Two small contracts on top of Standard Reserve's launchpad. One sets the fee, one keeps the reserve. The treasury has no withdraw function: its BABA leaves only through a buyback or the tip paid to whoever operates one.
The module. Before every pool swap, Standard's hook asks our policy module for a fee. The module reads last epoch's flow and answers. It cannot move money, and it is written so it can never revert.The treasury. Fees collect in Standard's escrow and are claimed by the treasury. In expansion it holds them as BABA. In contraction anyone can operate a capped buyback that burns $JADE, at most once every six hours and never more per epoch than last epoch's net outflow.Standard Reserve. $JADE launches on Standard's launchpad, paired with BABA, and plays for China in King of the Markets. Its epochs use the same clock as Standard's CentralBank, so “epoch 14” means the same three days on both.