the average founder & investor has his equity locked for 5+ years. holding stocks? lend them & receive yield holding usd? lend it & receive yield holding equity? lock them for 10 years. ERC-S allows founders to put their equity to work, no more lock-ups, no more passive bystanding. In 5 years, every VC will pressure their founders in applying ERC-S early on. Just how YC standardised SAFEs, Street standardises ERC-S. Your equity stake can now be the driver of your companies success. How does it work? ERC-S is an on-chain and legal standard for routing discretionary economic flows from a shareholder-of-record vehicle (SPV or Foundation) to tokenholders under DAO governance, with transparent operations and guardrails. The real equity sits with the SPV/Foundation as a normal shareholder; tokenholders never receive equity rights, and distributions are discretionary only, governed by clear pause and disclosure rules. ERC-S allows for potential exposure to the economic upside of startups, without it becoming a security, and without startups losing control rights over their company.