Rebels

The token behind the Rebels treasury, on Robinhood Chain. Of what the treasury receives from creator fees, 65 percent buys Rebels back from the open market on Ethereum and 35 percent is paid in WETH to holders who lock their REBELS. Acquired Rebels are distributed to lockers, burned, or held by the treasury. Every acquisition, burn, distribution and payout is written to a public hash-chained log at rebelsbynight.art, so the record can be checked rather than taken on trust. Locking is custodial: locked tokens are held by Council multi-signature wallets.