# The Anvil: a standing price for every re:gen

The Anvil, by Clutch, pegs every re:gen at 600,000 $REBUCKS.

## 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.

## 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%: 0.4% of $REBUCKS burned for good and 0.1% to the Clutch treasury.

## $REBUCKS

3,999,600,000 in all, 600,000 for each re:gen. Token: 0xc8602f39e4603ddf30fe9a472c95a699b32b6352