PLEB INDEXDOCS plebindex.com ↗

Pleb Index Docs

PLEB INDEX ($PLEB) is a fair-launch index token on Robinhood Chain. Every buy and sell pays a 4% tax in ETH. That ETH buys a curated basket of memecoins, distributed to holders proportional to their PLEB balance.

Overview

The whole journey, end to end:

  1. You buy or sell PLEBA 4% tax, collected in ETH, goes to the Treasury.
  2. Keeper buys the basketThe keeper buys memecoins from the curated basket, rotating one asset at a time.
  3. Rewards credit on-chainYour rewards accumulate in the Distributor, proportional to your PLEB balance.
  4. You claim to your walletManually, whenever you want — or a permissionless batch pays everyone out.
Important: rewards do not airdrop into your wallet on every trade. They accumulate on-chain until you claim, or until a batch pays them out.

Token basics

Name / SymbolPLEB INDEX / PLEB
Supply1,000,000,000 fixed — no mint
Decimals18
NetworkRobinhood Chain — chainId 4663
LaunchFair launch — no team allocation, no presale
TradingCanonical Uniswap v4 pool, native ETH / PLEB
Contract addressPublished at go-live

How to buy

  1. Create a walletRobinhood Wallet, MetaMask or Rabby. Guard that seed phrase.
  2. Get ETH on Robinhood ChainBuy or bridge ETH over to Robinhood Chain (chainId 4663).
  3. Swap ETH for PLEBUse the official pool — paste the token address and confirm.
  4. Hold at least 1 PLEBThat's the minimum for rewards. The loot route does the rest.

The 4% tax applies to trades through the official hooked pool. All protocol liquidity is intended to live in that single pool.

Rewards

Who earns rewards?

Anyone holding at least 1 PLEB. Your share updates automatically on every transfer — no staking, no registration.

How rewards arrive

  1. Treasury swaps ETH into memecoinsOn Uniswap, from the taxed ETH pot.
  2. Distributor credits every holderPer-asset accounting, proportional to your PLEB balance.
  3. You receive tokens via claimManual or batch — your pick.

Two ways to get paid

Claim — claimRewards()You pay gas. Pays all your pending reward tokens in one transaction.
Batch — processRewardClaims()Permissionless — anyone can call it (the site will have a Claim button). Processes many holders per transaction.
Claim cooldownNone — claim as often as you like.

What the protocol does not do

  • No automatic token drop on every PLEB transfer — this is not a "reflection" token.
  • Random tokens sent to the distributor are not distributed.
  • Donated tokens only count if credited through the treasury's official distribute flow.

The basket

PLEB INDEX gives holders exposure to a curated basket of Robinhood memecoins, not a single token.

At launch

  • Starts with 4 memecoins, curated before go-live: CASHCAT, LADY MARIAN, JUGGERNAUT and 401K.
  • Each is an existing on-chain token with Uniswap liquidity.
  • The basket is public and can change over time (add / deactivate assets).

How buys rotate — no market-cap weights

  • The keeper buys one memecoin per transaction, rotating through the active basket in order.
  • Each buy spends up to 0.02 ETH from the treasury (initial setting, adjustable by multisig). A full rotation across 4 assets uses up to ~0.08 ETH.
  • On-chain cooldown: 5 minutes between any two buys.
  • Over time each active asset gets roughly equal rotation frequency — not equal market-cap weight.

Basket changes

  • The treasury multisig can add, reactivate or deactivate assets — hard cap of 8 slots lifetime.
  • Holder votes happen off-chain (on X); the multisig executes. The community trusts the multisig for curation only — it cannot withdraw funds.
  • Deactivating an asset stops new buys; rewards already credited remain claimable forever.

Fees & liquidity

Two fees on every swap — don't confuse them

Uniswap LP fee — 0.30%Goes to liquidity providers. Standard pool fee.
Protocol tax — 4% in ETHGoes to the Treasury → funds the reward buys. Applies to buys and sells.

About the 4% tax

  • Collected in native ETH, enforced by an immutable Uniswap v4 hook — it is not a transfer tax on the PLEB token itself.
  • The Treasury has no withdraw function. ETH only leaves via swaps into reward tokens.

The canonical PLEB pool

TypeUniswap v4, native ETH / PLEB
LP fee tier0.30% (tier 3000, tick spacing 60)
Liquidity rangeFull range
Launch liquidity1 ETH + full 1B PLEB supply
Custom hook4% ETH tax on buys and sells

Reward buys happen in separate WETH/memecoin pools on Uniswap v3 (or v2 when needed) — not in the PLEB pool.

Security

Contract roles

TokenFixed-supply ERC-20; trading gate until go-live; syncs holder shares to the distributor
Fee hookUniswap v4 hook; 4% ETH tax; immutable, no owner
TreasuryHolds taxed ETH; swaps into the basket; no withdraw
DistributorMulti-asset reward accounting; claims and batch payouts; destination set once, immutable

Immutable vs. intentional trust

Immutable and trustless: the hook (tax % and treasury target), the fixed 1B supply, the treasury's no-withdraw design, and the distributor destination.

Where trust is intentional — and we say so openly:

Treasury multisigCan curate the basket, set the keeper, adjust buy caps. Cannot withdraw ETH or redirect the distributor.
KeeperCan trigger reward buys. Cannot withdraw funds or change the basket.

Launch hardening

  • One-way trading gate until public go-live (LP seeding window).
  • Token owner renounces after launch checks — token config frozen.
  • Contract source verified on Blockscout.
  • Multisig may migrate to Safe later.
Scanner warnings before launch: while the trading gate is active, automated scanners often flag "100% sell tax" or "honeypot". That is the launch gate, not the real tax. After go-live the real protocol tax is 4% on buy and sell, and owner warnings are normal until renounce.

FAQ

What is PLEB INDEX?

An index-style memecoin on Robinhood Chain. Hold PLEB, earn a rotating basket of Robinhood memecoins funded by a 4% trade tax.

How do I get rewards?

Hold at least 1 PLEB. Rewards accrue on-chain. Use Claim in the app, or wait for the automatic batch processor.

Is there a sell tax?

There is a 4% tax on buys and sells, collected in ETH via the protocol hook — not a reflection token, and not a 100% honeypot.

Can the team rug the treasury?

The treasury has no withdraw function. ETH only leaves through swaps into the reward distributor. The multisig can only change which memecoins are bought — it cannot steal the pot.

Can the team mint more PLEB?

No. Supply is fixed at 1 billion. After owner renounce, token admin settings are frozen.

How are basket weights decided?

There are no market-cap weights. The keeper rotates buys across active assets evenly over time. The multisig can add or remove assets, with community input off-chain.

Why do scanners show warnings before launch?

A one-way trading gate is used for fair-launch setup. Scanners may read that as "not sellable" until trading is enabled.

Do donations to the distributor get shared?

Not automatically. Only amounts credited through the treasury's official distribute flow count toward holder rewards.