Open Reserve Standard

An open institutional reserve policy, governance and evidence standard designed to make reserve governance structured, traceable and independently reviewable.

What ORS Defines

A structured framework for defining reserve requirements, institutional governance and the evidence needed to demonstrate how those requirements are followed.

Reserve & Policy Requirements

Defines how reserve assets, eligibility, coverage, concentration, valuation and source requirements are represented within an institutional context.

Governance & Institutional Roles

Defines how authority, responsibilities, approvals and institutional roles are represented for governance and evidence purposes.

Evidence & Conformance

Defines the evidence required to demonstrate governance activity and the requirements an implementation must satisfy to claim conformance with ORS.

How ORS Is Governed

ORS governance is designed to evolve progressively with institutional participation, while preserving transparency, coherence and independence.

Founding
Stewardship

SDRB initially maintains the working ORS specification, coordinates institutional feedback and protects the separation between ORS and GRM.

Multi Stakeholder
Governance

As participation grows, relevant institutions and independent specialists progressively contribute to the development and challenge of ORS.

Progressive
Independence

With meaningful institutional adoption, stewardship may progressively transition toward an independent multi stakeholder governance structure.

ORS Specification Framework

A structured view of the core areas ORS defines for institutional reserve governance and evidence.

Specification Area
ORS Defines
Institutional Purpose
Scope & Terminology
Purpose, boundaries, roles and reserve governance concepts
Creates a consistent institutional language
Reserve & Liability Data
Reserve assets, liabilities, issued supply and valuations
Defines the information relevant to the reserve model
Source & Provenance
Source identity, timestamps, freshness and provenance
Preserves traceability of material information
Policy Requirements
Eligibility, coverage, concentration and valuation requirements
Structures institution-approved reserve policies
Governance & Roles
Authority, responsibilities, approvals and institutional roles
Makes governance responsibilities explicit
Evidence Requirements
Decisions, approvals, exceptions, resolutions and integrity
Defines what must be preserved as evidence
Assurance Boundary
Observed, derived and externally verified information
Clarifies what technology can and cannot demonstrate
Conformance
Requirements applicable to a defined ORS version and scope
Creates a basis for consistent implementation claims
Core Principle
ORS defines what must be evidenced
Governance remains institutionally controlled

How ORS Conformance Is Scoped

Conformance is assessed against a defined ORS version, applicable profile, use case and evidence boundary.

Defined ORS Version

VERSIONED
REQUIREMENTS

✓   Exact ORS version
✓   Applicable requirements
✓   Effective period
✓   Traceable change history

Applicable Profile

DEFINED
SCOPE

✓   Institutional context
✓   Applicable requirements
✓   Permitted exclusions
✓   Defined boundaries

Defined Use Case

CONTEXT
SPECIFIC

✓   Private Investors
✓   Ecosystem Growth
✓   Network Expansion
✓   Linear Vesting

Evidence Boundary

CLEAR ASSURANCE SCOPE

✓   Evidence included
✓   Evidence excluded
✓   Assurance limitations
✓   Scoped conformance claim