Jeff(@cfm_sol):Rebate Pad's trading fees are used to buy $REBATE on the market, then burn 40% of it. So far, it has burned 60 times, with roughly 3.85m tokens gone. I think this mechanism is actually more concrete than many projects that just shout "deflation." Too many projects out there just send tokens to a black hole address after launch and then act like it never happened

2026.11.01 12:19

Rebate Pad's trading fees are used to buy $REBATE on the market, then burn 40% of it. So far, it has burned 60 times, with roughly 3.85m tokens gone. I think this mechanism is actually more concrete than many projects that just shout "deflation." Too many projects out there just send tokens to a black hole address after launch and then act like it never happened

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Rebate@RebateLaunch

2026.11.01 07:45

$REBATE launched with a fixed supply of 1,000,000,000. Blockscout now reads 996,154,548. Not a dead wallet, the tokens are gone from totalSupply. Every trading fee on Rebate Pad buys $REBATE on the open market and burns 40% of it. 60 burns so far, 3.85M GONE. That number only moves one way. ⬇️

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