Deposit an NFT → others pay to pull it → you earn $RAREWA at launch. How it works ↓
List a blue-chip, art, or meme NFT + SOL backing. Backing sets its draw weight and funds a standing buy-back bid.
Pay the pool price and draw one random NFT — priced at the pool's harmonic mean, decided by Switchboard VRF (verifiable randomness).
Keep the NFT, or take the depositor's standing bid for ~85% of its backing. Never both.
Depositors whose NFT gets pulled earn $RAREWA — 1% of supply/day to depositors + 1% to buyers, for the first 15 days. Activates at token launch.
Every day for the first 15 days, 1% of $RAREWA supply streams to that day's buyers and another 1% to depositors — 30% of the 1B supply over the launch window. Deposit an NFT and get pulled to earn your share. $RAREWA is not yet live — figures below are the devnet preview schedule.