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.