Three sentences cover the whole protocol. If you still have questions after them, that means you are thinking carefully, not that the protocol is hiding anything. The full mechanism page has every rule in detail.
21,000,000 REBEL fixed supply. A single public presale mints at 0.000001 ETH / REBEL on a first-come-first-served basis. Once sold out, every remaining REBEL and every presale ETH is permanently injected into the Uniswap public liquidity pool.
The presale cannot be paused, cancelled or adjusted. The moment it sells out, the protocol auto-advances into the live game.
No team allocation, no private round, no unlock schedule. Every REBEL is minted through this single public presale at the same price. This isn't decorative. It's why "zero-sum" holds from day 0.
The live game is a sequence of 24-hour rounds. In each round, whoever lands the last qualifying buy or bet across the ETH / USDT / USDC pools becomes the current King. At round-end the jackpot's ETH and REBEL are split 50 / 30 / 10 / 10 across the King, the three-pool Top 5 (15 seats), the this-round Top 5 bettors and the next round's seed.
Anyone who bets earns a slice of 80% of every later bet's REBEL, proportional to their own share, continuously accruing through the round. Any unsettled position from the previous round must be settled before the same wallet can bet again in the new round.
Each round starts with a 24-hour countdown (each qualifying action during the final hour adds 1 minute, capped at 1 hour — so a round keeps extending as long as the throne is being contested). When time runs out, anyone can trigger the round settlement: the King / this-round Top 5 / this-round Top 5 bettors / next-round seed all receive their prize at the same time, then each winner claims through the matching entry (15% protocol fee, 85% net).
After settlement anyone can trigger the next round; whoever triggers first covers the on-chain transaction fee.
The five questions first-time visitors actually ask in the first 60 seconds. The full 16 (cross-round rules, dual-token jackpot mechanics, v2 stance) live on the mechanism page.
A team allocation represents an unquantifiable sell-pressure window and contradicts the protocol's "individual expected value is zero" narrative. All 21,000,000 REBEL are minted through one public presale at a single price. Anyone who wants chips queues for them at the same price and the same time. This isn't cosmetic, it is what makes "zero-sum" hold from day 0.
Every buy pays a 1% protocol fee. ETH pool: 50% to jackpot, 50% to dev. USDT / USDC pools: 50% paid instantly to the current King as fee income, 50% to dev. On the betting layer: 20% of every REBEL bet goes into the jackpot, the other 80% is split among other active bettors in proportion to their share (independent of the 1% buy fee). At round-end the jackpot is split 50 / 30 / 10 / 10 across the King, the three-pool Top 5, the this-round Top 5 bettors and the next round's seed.
Relative to a 5 – 8% house edge in traditional casinos, 1% is fairly restrained. Each fee path is explicit: ETH pool keeps roughly half on the player side (jackpot) and half to dev; USDT / USDC pools reward the current King with half and send half to dev. The dev share is capped and does not double-dip.
Zero-sum here means: at the protocol layer, every cent in the jackpot returns to winners (King + this-round Top 5 + this-round Top 5 bettors + next-round seed) in the 50 / 30 / 10 / 10 split, none of it leaves the system. The dev share is a fixed fee carved off and does not participate in the player-versus-player game. Variance between players is enormous: you may take the jackpot, or you may leave empty-handed. What decides the outcome is entry timing, position size and your read of other players' behaviour.
Treat it as an on-chain game with public rules, not a product that pays you yield. If you need steady returns, this protocol is not for you.
Yes. The last qualifying buy in any pool (ETH pool > 0.0001 ETH / USDT pool > 0.3 USDT / USDC pool > 0.3 USDC, and at least 1 REBEL received) updates the current King. A qualifying bet (minimum 1 unit) does the same. The USDT / USDC pools additionally pay 50% of their 1% fee instantly to the current King as fee income (the ETH pool's half goes to jackpot instead and does not flow directly to the King). Each pool maintains its own cumulative Top 5; 15 seats total form the this-round Top 5 reward bucket, independent of the King.
Cross-pool capital can be arbitraged. For example: someone simultaneously buys across all three pools to push into the this-round Top 5, then lands one more qualifying buy to take the King. That's the intended design: cross-pool arbitrage becomes part of the game itself.
A Ponzi pays earlier participants' "promised returns" out of newer participants' money and is structurally guaranteed to collapse. There are no promised returns here. The money in the jackpot sits in the contract; when the round ends it splits 50 / 30 / 10 / 10 to winners (King + this-round Top 5 + this-round Top 5 bettors + next-round seed) and depends on no future inflow. That payout comes from this round's buy fees plus this round's 20% bet portion, self-contained.
It's a public-rule game. For an individual player the expected value is not necessarily positive (you may not be the King), but it is not a Ponzi.