The Standard Reserve will launch on September 14 after completing two security audits that found no critical vulnerabilities. The protocol said the audit reports will be released before launch. The Standard Reserve is an on-chain reserve protocol based on an OHM-style reserve currency mechanism, using ETH inflows to mint tokens. It describes itself as a “sovereign on-chain central bank,” with $STANDARD capped at 1 billion tokens and only 1,000 Founding Charter slots available.