Specimen. $JADE has not launched. The epoch clock and every fee rule are real; the flows, reserve and buybacks shown are illustrative until the token exists.

Policy Statement · Epoch 005 · Sets contraction

No. 005

Epoch 005 ran from 27 September 2026 to 30 September 2026, 01:00:30 UTC. Buyers paid in 13.962 BABA and sellers took out 24.966 BABA, an outflow share of 64.13%.

The net outflow of 11.004 BABA meets the 1 BABA floor, so epoch 006 runs in contraction. Sells pay a module fee of 4.26%, set by the outflow share; buys pay none.

This reverses the expansion that epoch 004 set.

No buybacks ran during epoch 005.

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.