On-chain data, as of just now
5,604 pieces, waiting since 2023 and now being bought back one at a time. 65% of REBELS creator fees do 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 token graduates and 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 goes to the treasury — none to the team, none to insiders. Fees accrue in SOL rather than in REBELS, so the treasury never has to sell the token it exists to support. Volume is the input, not price.
65% of each claim 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 SOL. The collection costs about 221 SOL at the ceiling and trades twice a month, so the buyback is limited by what is listed, not by money.
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
Not launched
There is no REBELS contract yet. When it launches, the mint address will appear here and be announced from the project's own accounts at the same time. Any token calling itself REBELS before then is not ours — and after launch, check the address here against the announcement before you buy anything.
The terms below are settled and will not change at launch. They are published now so they can be read before there is anything to buy.
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
Every claimed fee splits between buying Rebels back and paying holders who lock. Gas and bridging are funded separately by the Council.
Trading fee
2%
Opens at 5% to deter snipers and decays to 2% over the first hour.
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
All migrated LP is locked forever and cannot be withdrawn. Locked positions still earn 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.