How it works

A fee that buys the floor.

Most tokens charge a fee and spend it on themselves. This one spends it on Moonbirds, and never sells them. What follows is the whole mechanism, including the parts that are awkward.

Creator tax
4% on every buy and sell
Launched on
Pons
Trading chain
Robinhood Chain (id 4663)
Fee asset
ETH
Collection
Moonbirds, 10,000 pieces, Ethereum mainnet
Claim interval
Every 30 seconds
01

Trade $MBSTR

Launched on Pons, on Robinhood Chain. A 4% creator tax is set on the token itself, so every buy and every sell pays it.

The 4% is not a rule this site enforces, it is a parameter written into the token when it is created. Pons calls it the creator tax, it is charged on both sides of every trade, and it is fixed at launch. Nobody can raise it, lower it, or exempt a wallet from it afterwards. The address it pays out to is fixed at the same moment and can never be reassigned, which is why the treasury wallet has to exist before the token does.

02

Fees become treasury

Fees accrue to the treasury in ETH, the same asset Moonbirds are priced in. A keeper collects them every 30 seconds.

Robinhood Chain is an Ethereum layer 2, so its native asset is already ETH. Nothing has to be swapped between earning the fee and spending it. A keeper process claims the accumulated fees into the treasury wallet every 30 seconds, and every claim is recorded with the transaction that made it, so the total shown here is the sum of real transactions rather than a number typed into a form.

03

Buy Moonbirds

The treasury is spent buying Moonbirds on Ethereum mainnet. Every purchase is posted here with the transaction that proves it.

Moonbirds live on Ethereum mainnet, so purchases happen there, through the open market like anyone else. Each one is logged here with its token id, what it cost, and its Etherscan transaction. Nothing on this page has to be taken on trust: every entry in the vault can be checked against the chain, and the total spent is the sum of those entries.

04

Supply only shrinks

Acquired Moonbirds are never sold. Each one bought is one fewer anyone else can buy.

This is the part that compounds. A Moonbird the treasury buys does not come back to the market, so the number available to everyone else falls with every purchase. Trading volume funds buying, buying removes supply, and less supply means a higher price. The treasury has no mandate to ever sell, take profit, or rebalance. There is one direction.

What the numbers mean

Fees collected is the sum of every claim the keeper has made, each one a transaction on Robinhood Chain. It is not a projection and not an estimate.

Treasury is the ETH balance of the treasury wallet. It falls when Moonbirds are bought and rises as fees come in.

Collection floor is the cheapest Moonbird currently listed. It is the number this whole exercise is aimed at.

Moonbirds acquired counts the vault, and every entry carries the Etherscan transaction that bought it.

The awkward parts

Fees are not always claimable straight away.

Pons does not credit the fee escrow on every single trade. Some of what the token has earned sits on its trading contract until it can be moved, and nobody can force that early. Where this applies, the site says how much is waiting rather than pretending it was never earned.

Buying is done by hand.

The keeper collects fees automatically, but purchases happen on Ethereum mainnet and are made deliberately, then logged here. That is a choice: it keeps the automated process away from any key that could spend on mainnet.

The treasury wallet is a wallet.

It holds ETH and the Moonbirds it buys. It is not a smart contract that makes selling impossible. The commitment not to sell is a commitment, and you should price it as one.

A rising floor is the goal, not a promise.

Removing supply and adding steady demand pushes in one direction, but nothing here guarantees a price. This is not investment advice.