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核心就两点：

资金流入 → 增发 $STANDARD，协议收入买入代币化黄金作为储备。
资金流出 → 减少发行，回购销毁 $STANDARD。

另外，持有 Charter + Branch 可以瓜分代币增发收益，想增加 Branch 必须燃烧 $STANDARD。

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href="https://www.panewslab.com/zh/articles/01a03300-22a4-7789-8a9e-ed031a21f51e"/><xhtml:link rel="alternate" hreflang="zh-hant" href="https://www.panewslab.com/zh-hant/articles/01a03300-22a4-7789-8a9e-ed031a21f51e"/><xhtml:link rel="alternate" hreflang="en" href="https://www.panewslab.com/en/articles/01a03300-22a4-7789-8a9e-ed031a21f51e"/><xhtml:link rel="alternate" hreflang="ja" href="https://www.panewslab.com/ja/articles/01a03300-22a4-7789-8a9e-ed031a21f51e"/><xhtml:link rel="alternate" hreflang="ko" href="https://www.panewslab.com/ko/articles/01a03300-22a4-7789-8a9e-ed031a21f51e"/><news:news><news:publication><news:name>PANews</news:name><news:language>zh</news:language></news:publication><news:publication_date>2026-08-24</news:publication_date><news:title>PA日报 | 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href="https://www.panewslab.com/ja/articles/01a03244-d9a7-72d8-b8c1-8e88a09bec54"/><xhtml:link rel="alternate" hreflang="ko" href="https://www.panewslab.com/ko/articles/01a03244-d9a7-72d8-b8c1-8e88a09bec54"/><news:news><news:publication><news:name>PANews</news:name><news:language>zh</news:language></news:publication><news:publication_date>2026-08-24</news:publication_date><news:title>华尔街看不懂Circle？木头姐越跌越加仓</news:title></news:news><image:image><image:loc>https://uploads.panewslab.com/18a6736b-9320-4214-a8f3-61eab6abda54</image:loc><image:caption>木头姐逆势加仓Circle，力挺USDC发行方，批华尔街分析师看不懂稳定币颠覆者。</image:caption><image:title>华尔街看不懂Circle？木头姐越跌越加仓</image:title></image:image></url><url><loc>https://www.panewslab.com/articles/01a03306-2d21-7464-a316-81a9f3e017c6</loc><lastmod>2026-08-24T09:04:00.000Z</lastmod><xhtml:link rel="alternate" hreflang="zh" href="https://www.panewslab.com/zh/articles/01a03306-2d21-7464-a316-81a9f3e017c6"/><xhtml:link rel="alternate" hreflang="zh-hant" href="https://www.panewslab.com/zh-hant/articles/01a03306-2d21-7464-a316-81a9f3e017c6"/><xhtml:link rel="alternate" hreflang="en" href="https://www.panewslab.com/en/articles/01a03306-2d21-7464-a316-81a9f3e017c6"/><xhtml:link rel="alternate" hreflang="ja" href="https://www.panewslab.com/ja/articles/01a03306-2d21-7464-a316-81a9f3e017c6"/><xhtml:link rel="alternate" hreflang="ko" href="https://www.panewslab.com/ko/articles/01a03306-2d21-7464-a316-81a9f3e017c6"/><news:news><news:publication><news:name>PANews</news:name><news:language>zh</news:language></news:publication><news:publication_date>2026-08-24</news:publication_date><news:title>AI平台Hugging Face正在探索出售事宜，估值或达130亿美元</news:title></news:news></url><url><loc>https://www.panewslab.com/articles/01a03301-0853-7388-b62e-f7cf4cad0734</loc><lastmod>2026-08-24T09:01:40.814Z</lastmod><xhtml:link rel="alternate" hreflang="zh" href="https://www.panewslab.com/zh/articles/01a03301-0853-7388-b62e-f7cf4cad0734"/><xhtml:link rel="alternate" hreflang="zh-hant" href="https://www.panewslab.com/zh-hant/articles/01a03301-0853-7388-b62e-f7cf4cad0734"/><xhtml:link rel="alternate" hreflang="en" href="https://www.panewslab.com/en/articles/01a03301-0853-7388-b62e-f7cf4cad0734"/><xhtml:link rel="alternate" hreflang="ja" href="https://www.panewslab.com/ja/articles/01a03301-0853-7388-b62e-f7cf4cad0734"/><xhtml:link rel="alternate" hreflang="ko" href="https://www.panewslab.com/ko/articles/01a03301-0853-7388-b62e-f7cf4cad0734"/><news:news><news:publication><news:name>PANews</news:name><news:language>zh</news:language></news:publication><news:publication_date>2026-08-24</news:publication_date><news:title>Asia Market Daily: Alibaba's $10 billion AI share sale attracts strong Asian sovereign demand (2026/8/24)</news:title></news:news><image:image><image:loc>https://uploads.panewslab.com/1df5a000-3d46-4be4-af27-00c5df4518e2</image:loc><image:caption>Alibaba completes a heavily oversubscribed HK$80 billion share placement to fund full-stack 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