$RENT pays the rent.
$RENT is the Rentday token, trading on Pons on Robinhood Chain. Every buy and sell pays a 1% creator fee. The operator swaps those fees to USDG and sends all of it to the vault on the 1st.
The token
- Contract
- Launch soon
- Launchpad
- Pons
- Chain
- Robinhood Chain
- Creator fee
- 1% of every trade
- Operator keeps
- 0%
- Fees go to
- Launch soon
- Paid
- On the 1st, in USDG
Fees so far
- Months closed
- -
- Trading days
- -
- Fees claimed
- -
- Sent to the vault
- -
- vRENT price
- -
From a trade to the vault
- A trade on Pons. Someone buys or sells $RENT. The bonding curve charges the 1% creator fee in ETH.
- Claimed. Through the month the operator claims the fee from Pons, usually once a week. Each claim is a transaction on Robinhood Chain.
- Swapped. Before the 1st, the claimed ETH is swapped to USDG on Robinhood Chain.
- Sent. On rent day the USDG goes into the vault with
addCapital. The vRENT count stays the same, so the price of every vRENT rises. - Reported. The Roll lists every day, claim, swap and transfer with its transaction, and its SHA-256 hash goes on chain.
Holding $RENT gives you no claim on the vault. To receive the fees, hold vRENT: deposit USDG.
Fees by day
Each square is a day. The brighter it is, the more $RENT traded.