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  • How $REBAGS Works

    We’ve built our token with a self-sustaining cycle that helps support the community and keep supply healthy. Here’s how it works, step by step — in plain English:

    1. Rewards Come In

    Every time our project earns rewards, those rewards get collected into a special wallet.

    2. Wallet Balance Check

    The wallet doesn’t just sit there. After rewards are collected, the system looks at the total amount of SOL.

    3. Buyback

    Next, every 5 minutes, the system automatically takes 10% of the wallet’s spendable balance and uses it to buy more of our token on the open market.

    This is like the project itself becoming a buyer — helping add demand for the token.

    4. Burn

    Finally, all of the tokens that were just bought are immediately burned. Burned tokens are gone forever from the supply.

    5. Rinse and Repeat

    This process keeps repeating on a cycle. Over time:

    • Supply goes down (because of the burn).
    • Buying pressure goes up (because of the auto-buybacks).
    • Holders benefit from a healthier ecosystem.