1. What Pleb is
Pleb is a set of smart contracts on Robinhood Chain and a website, plebs.cash, that reads them. "We" and "us" mean the people who build and run Pleb. The website never holds your funds or your keys. Every transaction is signed by you, in your own wallet, and runs on chain exactly as the contracts are written. Once a transaction is confirmed, nobody can reverse it, including us.
2. Who can use it
You must be old enough to enter a binding agreement where you live. You may not use Pleb if you are on a sanctions list, act for someone who is, or are in a place where using it is against the law. Stock Tokens are issued by a third party under Regulation S. They are not offered to US persons and are restricted in other places, including Canada, the United Kingdom and Switzerland. If those rules apply to you, the Stock Token payouts are not offered to you. You are responsible for following the rules where you live.
3. Plebs
Plebs are 999 NFTs. Their art and metadata are stored fully on chain, and the art contract is locked, so it cannot be changed. A Pleb's art is drawn about a minute after it is minted, from chain data nobody can pick in advance, so you do not know which art you get when you mint. Minting is open for 14 days from launch or until all 999 are minted, whichever comes first.
The mint price is set on chain and shown before you sign: 100,000 $PLEBS, which the mint burns, plus 0.02 ETH. 90% of the mint ETH goes into the Hat, which buys Stock Tokens for every Pleb, and 10% goes to us. The contract owner can change the mint price, and we will announce any change on @plebsdotcash first. Mints are final and there are no refunds.
Owning a Pleb gives you the NFT and whatever the contracts send to it. It is not a share in Pleb or in any company, it is not a claim against us, and it gives you no say in how Pleb is run. Plebs trade on secondary markets such as OpenSea, which have their own terms. A creator fee may apply to secondary sales.
4. Payouts
Coins launched on the Street send part of their trading fees to the Hat, and the Hat buys Stock Tokens that are split equally across every Pleb. These amounts depend entirely on trading activity, which nobody controls, and can be zero for any period or for good. Some steps, such as buying and sending out Stock Tokens, are triggered by keepers. If keepers are slow or offline, payouts wait until someone runs them. Nothing here is a promise that you will receive any amount.
5. Stock Tokens
Stock Tokens are made and run by their issuer, not by us. The issuer can pause a Stock Token, block an address or burn tokens from any address, and its own terms apply to anyone who holds one. A Stock Token's price can fall, and it can be hard to sell.
6. $PLEBS and Street coins
The only real $PLEBS is 0x45De3Da8d60D070E5C7Fa60748762c9D1B80F225, the one announced on @plebsdotcash and shown on this site. Any other token using the name is not ours. $PLEBS trades on Pons, and its creator fees go to us. Coins on the Street are launched on Pons by their own creators. We do not make, check or back them. Pons has its own terms, which also apply, and the Pons owner can redirect any coin's fees after a 3-day timelock.
7. Risks
Smart contracts can have bugs, even after testing. Robinhood Chain, its bridge, its oracles, your wallet or the website can fail or be attacked. NFT and token prices can go to zero. You use Pleb at your own risk and should only spend what you can afford to lose. The risks section of the docs lists more.
8. The art
Some Plebs wear hats, shirts and other merch showing the names or logos of AI companies, crypto projects and other brands, as parody and fan art. Pleb is not affiliated with, endorsed by or sponsored by any of those companies, and those marks belong to their owners.
9. Robinhood
Pleb is built on Robinhood Chain. It is independent and is not affiliated with, endorsed by or sponsored by Robinhood Markets, Inc. or any of its affiliates.
10. No advice
Nothing on Pleb, on plebs.cash or on our social accounts is financial, investment, legal or tax advice, or an offer of securities. Taxes on anything you mint, buy, sell or receive are your responsibility.
11. No warranty, limited liability
Pleb, the contracts and the website are provided as they are, without any warranty. To the fullest extent the law allows, we are not liable for any loss, including lost funds, lost tokens, lost NFTs or missed payouts, that comes from using or not being able to use Pleb, from a bug, from a third party (including Stock Token issuers, Pons, OpenSea, wallets and Robinhood Chain) or from anything outside our control.
12. Changes
We may update these terms. The date at the top shows the latest version, and using Pleb after a change means you accept it. We may change or take down the website at any time. The contracts keep running on chain either way.
13. Contact
Reach us on X at @plebsdotcash. We will never DM you first, ask for your seed phrase or ask you to send funds.