The market value of STANDARD briefly exceeded 45 million US dollars, but has now fallen back to 35 million US dollars
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The market value of Robinhood Chain Ecological Token STANDARD briefly exceeded $44.2 million and has now fallen back to around $35 million. The Standard Reserve aims to achieve automatic monetary policy through smart contracts, adjust the issuance of STANDARD based on the net flow of ETH in the Uniswap v4 trading pool, and adjust reserve assets, protocol owned liquidity, and token repurchase and destruction arrangements.