Rebate token
Overview
The rebate token is Toro's pool-revenue token. It has no initial supply, is minted only against realised trading losses, and earns USDC when staked.
What it is
An ERC-20 with 18 decimals. Only the pool can mint it. Transfers are off at launch; minting, staking, unstaking and claiming work.
How supply grows
Zero at deploy, with no pre-mint or allocation. Each loss that grows the pool mints to the trader who lost: 100 per $1 below $2M, then fewer (Mint curve).
What stakers earn
- 50% of every win, loss and liquidation fee the pool pays out.
- Everything above the $5M staker cap, once the queue is empty.
Contracts
RebateToken and Staking addresses for chain 999 are on Contract addresses.
Values on this page are read from the HyperEVM mainnet deployment (chain 999, block 48891965) at build time.
Last updated 2026-10-18