On-chain data, as of just now
5,604 pieces, waiting since 2023 and now being bought back one at a time. Of what the treasury receives from REBELS creator fees, 65% does the buying and 35% is paid to holders who lock the token. Of every Rebel reclaimed: 60% goes to lockers, 25% is burned, 15% stays in the vault.
Reclaimed from the collection
0/ 5,604
0.00% of the collection
Nothing back yet
Not one Rebel has been bought back so far. Buying starts once the first fees are claimed and bridged — until then this space stays empty rather than filling with anything else.
How the return is fundedEvery REBELS creator fee is paid in WETH rather than in REBELS, so the treasury never has to sell the token it exists to support. Clanker's factory takes a mandatory 25% of every fee before the split below applies — none of what is left goes to the team or to insiders. Volume is the input, not price.
Of what the treasury receives, 65% is bridged to Ethereum and spent on the open market under a standing price ceiling, which makes the treasury the one buyer that never sells. The other 35% is paid straight back to holders who locked REBELS, in WETH. Buying the whole 5,604-piece collection at that ceiling would cost roughly 16.8 ETH — an upper-bound estimate, not a typical price. The collection trades twice a month, so the buyback is limited by what is listed, not by money. Exact on-chain numbers, and why they differ from 65/35, are on /docs.
60% to holders who locked REBELS, 25% burned, 15% kept in the vault. The split lives in code rather than in copy, so this page cannot drift from the policy.
Rebels go to locked positions, not to a snapshot — a snapshot rewards whoever happens to hold at one arbitrary block. Locking takes REBELS off the market at the same time as the treasury is taking Rebels off it. Locking is custodial: a Council multi-signature wallet holds what you lock, and no on-chain mechanism forces it back. Not live yet; the terms and the custody trade are published on /rewards before locking is.
The three destinations are not equivalent. Burning cuts total supply: 5,604 becomes permanently smaller and nobody has to trust anyone for that to be true. Vaulting only cuts float — those Rebels still exist, and the commitment not to sell them is a promise rather than a fact. Distribution cuts neither on its own; what it does is move a Rebel from a market that was not watching into the hands of someone who locked capital to get it. A quarter of everything reclaimed is destroyed, which sits in real tension with the claim that this work is worth saving. The argument is that a smaller collection held by people who chose it beats 5,604 pieces waiting on a market that never came back for them. Anyone who disagrees with that trade should not buy the token.
The token
Mint address
0x05AC8B7A894209d1D601deE06b477b06Aa4b11B3Verify this address against the announcement on the project's own accounts before buying. Do not trust an address from anywhere else.
REBELS is a funding mechanism for an art project. It is not an investment and may lose all of its value. It gives you no ownership of the vault and no entitlement to any specific Rebel — locking it is the intended route to receiving one, and that route is not live yet.
Total supply
1,000,000,000
Fixed. No mint authority after launch.
Team allocation
None
No insider allocation and no vesting. Zero tokens held by Night Labs.
Creator fees
65% acquisition / 35% holders
Of what the treasury receives. Clanker's factory takes a mandatory 25% of every fee first — the treasury configures the remaining 75%. On-chain rewardBps and the exact numbers are on /docs.
Trading fee
Chosen per launch
Clanker pools set their own swap fee rather than a fixed schedule. Two live pools on this chain charge 1% and 3%. Every headline rate is before Clanker's cut — see /docs.
Acquired Rebels
60 / 25 / 15
Of every Rebel reclaimed: 60% distributed to stakers, 25% burned, 15% held in the vault. The split is fixed in code, not in copy.
Liquidity
Permanently locked
The launch position is held by Clanker's fee locker and cannot be withdrawn. A locked position still earns fees for the treasury.
Metadata
Immutable
Name, symbol and image cannot be changed after launch.
Reads your balance through your own wallet. Nothing is stored and nothing is sent to a server.