Policy Statement · Epoch 011 · Sets expansion
No. 011
Epoch 011 ran from 15 October 2026 to 18 October 2026, 01:00:30 UTC. Buyers paid in 28.410 BABA and sellers took out 17.906 BABA, an outflow share of 38.66%.
Inflow was at least outflow, so epoch 012 runs in expansion. Buys pay no module fee and sells pay 1.00%.
This reverses the contraction that epoch 010 set.
During epoch 011 the treasury ran 1 buyback, burning 1,150,469 $JADE.
Standard Reserve's 1% base fee applies to every trade on top of the module fee. Pool buyers who hold 30 days pay half the module sell fee.