Supply doesn't stagnate.
It orbits.

A rebate protocol on Robinhood Chain. Stake $OBITs and every eight minutes your balance is rewritten upward.

How to stake
The Obit Circle mark, a white pearl button set into a glossy raspberry tile on hot pink
Fixed APY
4,096%
Epoch
8m 180 per day
Rebate rate
0.0056875%
Chain
Robinhood Chain

Stake sOBITs, hold $OBITs, balances compound every epoch. No claiming, no lockups. Chain 4663.

Launching on Robinhood Chain
--:--

Countdown to the first epoch close. Epochs close every eight minutes, 180 times a day, aligned to UTC midnight. Nothing to claim and nothing to sign. The index moves, and every staked balance moves with it.

Index at genesis
1.00000
Next rebate
+0.0056875%
Price
pending
Staked supply
0.00%
EpochEventIndex after
0000genesis, contracts written and frozen1.00000

Epoch 0001 has not closed. One line lands here every eight minutes from launch.

Six moving parts. That is the whole protocol.

Every one of them is on chain, and every one of them is boring on purpose.

01

Stake

Lock $OBITs, receive sOBITs one for one. The position starts compounding at the next epoch, not next week.

02

Bond

Sell ETH or USDC to the treasury and take $OBITs back at a discount, vested over five days.

Every bond settles another layer into the treasury. Backing is whatever has settled, nothing more.
03

Rebate

Every eight minutes the contract mints into the staking pool and every staked wallet grows in place.

04

The index

One sOBITs is always one staked $OBITs. The index carries the growth so your balance never needs migrating.

05

Treasury

Reserves back circulating supply. Backing per token is published every epoch and never marketed up.

06

(3,3)

Two stakers beat one staker and one seller. The math is old, the coordination is the hard part, and the protocol pays for it 180 times a day.

Stake once. The balance rewrites itself.

There is no claim button because there is nothing to claim. Rewards are not sent to you. They are added to what you already hold, 180 times a day, whether or not you are watching.

// yield paid in tokens, not in dollars

1 epoch
+0.0056875%on the staked balance
1 day
+1.03%across 180 epochs
30 days
1.36xthe tokens you started with
1 year
42.0xif the rate holds for 65,700 epochs
Caveat
Token count, not price. Only staked balances grow, so an unstaked holder is diluted at the same rate.

Buy, stake, walk away.

Stake $OBITs

Robinhood Chain, 4663
Walletnot connected
$OBITs balance-
Staked-

obit@robinhood-chain: ~/stake
$ swap 1.0 ETH -> OBITs
  filled on pools.trade
$ stake --all
- balance      1,000.000 OBITs   idle
+ balance      1,000.000 sOBITs  compounding
+ epoch        8m
+ next rebate  +0.0056875%
+ action req.  none
$ 

Two steps and one option. No whitelist, no allocation form, no role to farm. The pool opens to everyone at launch and the staking contract accepts deposits from the first block.

  1. Buy $OBITs

    Launches on pools.trade, then routes to Uniswap. Anyone can buy any size.

  2. Stake for sOBITs

    Minted one for one. Your wallet balance grows on its own at every epoch.

  3. Bond at a discount

    Optional. Sell ETH or USDC to the treasury and receive $OBITs below market instead of buying on the open pool.

The treasury is the floor.

Bonds are the only way tokens leave the treasury and the only way reserves enter it. Backing per $OBITs is published at every epoch, from the ledger, not from a deck.

Reserves
0.00
Backing per token
pending
Stakers
0
Fixed APY
4,096%

One billion $OBITs at genesis. The rebate is the only mint.

Liquidity and public marketOpen pool at launch, no private round58%
Staking rewards reserveSeeds the staking pool before bonds fill the treasury15%
Team12 month linear vest through Sablier12%
AirdropSnapshot holders, claimed one for one10%
EcosystemIntegrations, audit, market making5%

Shipped in public, in order.

  1. shippedStaking and rebate contracts written and frozenstep 01
  2. shippedParameters frozen: 8m epoch, 0.0056875% rebate, one billion at genesisstep 02
  3. queuedFair launch on pools.trade, no presale and no insider allocationstep 03
  4. queuedStaking opens, first epoch closes eight minutes laterstep 04
  5. queuedEpoch bot starts posting every rebate to Xstep 05
  6. queuedCustody audit lands before bonds take a single depositstep 06
  7. queuedBonds open, treasury starts fillingstep 07

The machine posts its own receipts.

An epoch bot reads the contract and posts a receipt for every close, 180 of them a day. Index, supply staked, treasury delta, bonds filled. If the protocol has a bad epoch, the bot posts that too.

follow @obitcircle
epoch 0001 closed

index 1.00006 / staked 0 OBITs
treasury 0.00 / bonds 0
next close in 08:00

epoch 0002 closed

index 1.00011 / staked 0 OBITs
treasury 0.00 / bonds 0
next close in 08:00

epoch 0003 closed

index 1.00017 / staked 0 OBITs
treasury 0.00 / bonds 0
next close in 08:00

Questions that keep coming up.

What is Obit Circle Rebate?

A rebate protocol on Robinhood Chain. You stake $OBITs, you receive sOBITs one for one, and the staked balance compounds automatically every eight minutes at a fixed rate.

Is this affiliated with OlympusDAO or with Robinhood?

No. Obit Circle Rebate is independent and unaffiliated with either. The rebate mechanic is public and has been implemented many times. This is a new implementation of it on a new chain.

Where does the yield come from?

New supply. The contract mints into the staking pool at every epoch. Holders who stake keep their share of supply. Holders who do not stake give theirs up. That is the entire game.

Do I need to claim or restake?

No. There is no claim transaction and no compounding button. The index updates and your balance updates with it.

What does bonding get me?

Tokens below market price, vested over five days, in exchange for ETH or USDC that goes to the treasury. You get the discount and the protocol gets a deeper floor.

Is Obit Circle Rebate audited?

Not yet. A custody audit is scheduled before bonds take a single deposit, and it is step 06 in the changelog above. Until then, contracts are verified on the explorer from the day they deploy, genesis supply is one billion, and there is no owner mint function.

Is this financial advice?

No. Obit Circle Rebate is a coordination game with a fixed emission schedule. Rebate protocols have historically gone to zero when the coordination breaks. Size accordingly.

The first epoch is the only one you cannot buy back.

Contracts frozen. Treasury empty. Clock running.

How to stake