Swap
Sell a re:gen into the vault and get 585,000 $REBUCKS on the spot. Buying pays 615,000 and pulls the re:gen that has waited longest in the vault: first in, first out.
$REBUCKS × the Anvil
A standing price for every re:gen.
The Anvil, by Clutch, pegs every re:gen at 600,000 $REBUCKS. Sell one in on the spot, pick one out of the vault, borrow against yours, or stake it and earn from every trade.
1 re:gen=600,000 $REBUCKSEvery $REBUCKS leaves escrow only when a re:gen goes into the vault.
Read from Base · Oct 25, 12:27 PM ET
- 1,848
- holders
- 1,207
- staked on Anvil
- 159
- in the vault
- 11
- borrowed against
- 1.97M
- $REBUCKS burned
The four moves
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Swap
585,000 to sell · 615,000 to buy
Sell a re:gen into the vault and get $REBUCKS on the spot. Buying pulls the oldest re:gen in the vault.
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Snipe
627,000 for the one you pick
Want a specific re:gen? Pick it out of the vault. Every one costs the same, rares included.
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Borrow
25% a year · 90 to 365 days
Lock your re:gen and borrow up to its 600,000 $REBUCKS. Repay to get it back. Miss the 7-day grace period and it can be liquidated.
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Stake
1,207 re:gens staked
Stake your re:gen to earn a share of every swap fee, paid in $REBUCKS. Unstake any time after a 24-hour cooldown.
How the Anvil works
Four moves, one price. The numbers here are the Anvil's own quotes, read from its contracts on Base.
Snipe
Want a specific re:gen? Pick it out of the vault for 627,000 $REBUCKS. Every one costs the same, rares included, which is why Vault Scout ranks them.
Borrow
Lock your re:gen and borrow up to its 600,000 $REBUCKS at 25% a year, for 90 to 365 days. Repay to get it back. Miss the 7-day grace period and it can be liquidated.
Stake
Stake your re:gen to earn a share of every swap fee, paid in $REBUCKS. Unstake any time after a 24-hour cooldown. 1,207 re:gens are staked right now.
Fees
Every trade pays 2% to stakers (4% when you pick a specific re:gen out), plus 0.5% that the Anvil splits into 0.4% of $REBUCKS burned for good and 0.1% to the Clutch treasury. 1,968,106 $REBUCKS are burned so far.
$REBUCKS
3,999,600,000 in all: 600,000 for each of the 6,666 re:gens. A $REBUCKS leaves escrow only when a re:gen goes into the vault.
Token
0xc8602f39e4603ddf30fe9a472c95a699b32b6352Anvil's own guide: anvil.clutch.market/docs. Prices are quotes before gas.
Anvil questions
More in every question.
What is the Anvil?
A market by Clutch that gives every re:gen a standing price: 600,000 $REBUCKS. You can sell one into its vault on the spot, buy one out, pick a specific one, borrow against yours, or stake it to earn from every trade. How it works.
What does a re:gen cost on the Anvil?
Selling one in pays 585,000 $REBUCKS. Buying pulls the oldest re:gen in the vault for 615,000. Picking a specific one costs 627,000, rares included.
What is $REBUCKS?
The token the Anvil prices re:gens in. There are 3,999,600,000: 600,000 for each of the 6,666 re:gens. A $REBUCKS leaves escrow only when a re:gen goes into the vault.
How does staking work?
Stake your re:gen on the Anvil to earn a share of every swap fee, paid in $REBUCKS. You can unstake any time after a 24-hour cooldown.
Can I borrow against my re:gen?
Yes. Lock it in the Anvil and borrow up to its 600,000 $REBUCKS at 25% a year, for 90 to 365 days. Repay to get it back. Miss the 7-day grace period and it can be liquidated.
Where do the fees go?
Every trade pays 2% to stakers (4% when you pick a specific re:gen out), plus 0.5% that the Anvil splits into 0.4% of $REBUCKS burned for good and 0.1% to the Clutch treasury.