The Standard Reserve Releases Protocol v1.1 Update, Adjusts Auction Frequency and Price Curve
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The Standard Reserve will release the Protocol v1.1 update today, which includes three main changes: two license auctions will be held daily, each lasting 12 hours and containing 50 branch quotas, with a limit of 3 branches per single Charter every 24 hours; the auction price curve will accelerate, with a half-life changed to 2 hours; the protocol's own liquidity (POL) will now be limited to the buyer side, whereas previously the treasury allocated liquidity to both ETH and token sides, it will now purchase tokens from the market and transfer them to the new protocol's own incentive treasury.
-- Price
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