The programmed bank

Unofficial desk

Chapter 01 · The shock

Same capital. Two banks.

A committee waits for Thursday. The programmed bank reads one number: net ETH through the pool. Not volume. Not bots. Real capital.

Net ETH flow

+42.0ETH

OutflowInflow

Twelve people in a room

Traditional

Deposits

100%

Next meeting

18 days

Policy rate

4.50% frozen

Last one out

100%

Inflows sit as deposits. Policy waits for the next meeting.

4,000 lines of immutable code

Programmed

Hard reserve

47%

Multiplier m

0.74×

Fees

Gold + liquidity

Exit fee

2.4%

On a run

Holders keep earning

Raises must be earned. Fees stack tokenized gold.

Charters are soulbound licenses. Branches earn issuance. Expansion burns STANDARD. Withdrawals mint into the float — and pay a resolution fee that climbs with the crowd.