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Everything $RARE

Information regarding the $RARE token

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Written by Daniel
Updated over 2 months ago

Core to SuperRare is $RARE, a token offering utility as a currency on the marketplace, a staking based rewards system, and DAO governance rights.

SuperRare is governed by $RARE token holders through RareDAO and sits atop Rare Protocol, an ecosystem focused on unifying the currently fragmented NFT landscape to supercharge the industry’s ability to revolutionize the economics of human creativity through on-chain innovation.

Quick FAQs for $RARE

What is $RARE?

$RARE is the SuperRare governance and curation token. With an initial distribution to those who brought SuperRare to where it is today, $RARE will be a key tool in shaping both SuperRare’s future and the digital art community at large.

As SuperRare moves to put more power directly into the hands of artists and community members, we will progressively transition into operating as a DAO (a decentralized autonomous organization).

DAOs are a formal way of distributing power amongst a community by granting decision-making influence and access to a shared treasury. To initiate this governance, a brand new token is minted for those who wish to partake – you can think of the token as both a share and a membership. This is where $RARE comes in.

With the initial distribution of $RARE and the upcoming, gradual addition of pathways for more community members to earn it, SuperRare 2.0 takes form. This next chapter of SuperRare promises to shift ownership and governance of the network into the hands of the community who care about it the most.

What can I do with $RARE? What is it for?

Using $RARE, community members will have power akin to being a stakeholder in defining SuperRare’s future.

In order to grow SuperRare into the healthiest decentralized ecosystem possible, three fundamental areas of the platform must be rethought: where value accrues in the network, control of curation and key market parameters, and the tools available to artists, collectors, and curators. Holders of the $RARE token will have the opportunity to guide the evolution of these necessary developments in a transparent, democratized manner.

New methods of participation are being progressively rolled out via SuperRare Network Improvement Proposals (SIPs), a means for the community to propose upgrades and distributions to the SuperRare ecosystem.

For a full overview of $RARE and the SuperRare DAO, please read the official SuperRare Network docs.

Where can I buy $RARE?

$RARE can be purchased on popular exchanges such as Uniswap, Binance, and Gemini.

⚠️ If you believe you are interacting with $RARE, please triple-check the contract address to confirm it is, indeed, $RARE. Always be cautious of malicious actors looking to take advantage of the $RARE ticker symbol.

🔷 Official token contract address: 0xba5BDe662c17e2aDFF1075610382B9B691296350

Please note: Nothing in this article should be construed as financial advice or an encouragement to buy or sell $RARE. The $RARE token is a curation and governance token that enables limited forms of participation in the SuperRare ecosystem. It is not an investment product. Please refrain from any discussion on trading or speculation in the official SuperRare channels.

Is there a Telegram for $RARE

There used to be a SuperRare Telegram here: https://t.me/superrare

⚠️ This Telegram is now defunct and disabled from posting. While we may choose to revive it at a later time, please be cautious of other Telegram groups posing as SuperRare.

Why did a member of the SRL team DM me about $RARE?

No member of the SuperRare team will ever message you about $RARE. Anyone claiming to have free tokens, asking for ETH, or asking for your seed phrase should be immediately reported to an admin and blocked.

What is the contract address for $RARE

🔷 Official token contract address: 0xba5BDe662c17e2aDFF1075610382B9B691296350

⚠️ Always triple-check that you are interacting with the right token by referencing this contract address.

I just got $RARE. Why can't I see it in my wallet

You may need to manually introduce custom token addresses to Metamask.

Select “Add Token” from the assets tab, and then “Custom Token” to add.

🔷 Official token contract address: 0xba5BDe662c17e2aDFF1075610382B9B691296350

Copy and paste the official $RARE contract address listed above to the "Token Address" field.

The token symbol and token decimal fields should automatically fill.

Click the “Next” button. At this point, the process should be complete and MetaMask will display $RARE tokens in your list of assets.

What is the SuperRare DAO?

🔷 The SuperRare DAO is a community treasury address is 0x860a80d33e85e97888f1f0c75c6e5bbd60b48da9.

This address receives all platform commissions and is governed by $RARE token holders. You can view the total amount it holds at any given time on Etherscan.

Where can I participate in governance?

Join the conversation on the SuperRare governance forum! Here, you'll see a history of our proposals and the conversation surrounding them. If voting is live on a proposal, head over to our Snapshot to vote.

We're in the early days of defining the procedure for $RARE holding community members to create proposals of their own, and we're incredibly excited to see what the future holds.

To get a closer look at our progress in defining SuperRare governance, head over to Mirror to read dispatches from our leadership team.

What is the total supply of $RARE?

In total, there is 1,000,000,000 $RARE in existence.

To learn more about the supply of $RARE and an exact breakdown of our first $RAREdrop, please read SuperRare Network docs for a full overview.

What was the first $RAREdrop?

Our first $RAREdrop happened on August 21, 2021, and was distributed to those who had ever minted or purchased artwork on SuperRare before July 21, 2021. It was available to claim within 90 days after the launch date. $RARE that went unclaimed was deposited back into the SuperRare DAO Treasury.

If you forgot to claim or weren't eligible, don't worry: there may be more $RAREdrops in the future.

Can I sell the $RARE I received in an airdrop ($RAREdrop)?

SuperRare Labs cannot provide financial advice on behalf of $RARE. You should speak to your own financial advisor or attorney if you have questions about your rights or obligations as a recipient of $RARE from our $RAREdrop.


This token was created in an effort to shift the ownership of SuperRare into the hands of those who care most about the community, the platform, and the potential of digital art. The token was not created to act as a speculative investment.

While still very early in our transition to SuperRare 2.0, we’re prioritizing developments that empower the community with the ability to architect its future, and $RARE is the inaugural tool in doing so.


Buying, Selling and Holding $RARE


How to get $RARE

$RARE can be purchased on popular exchanges such as Uniswap, Binance, Gemini and Coinbase Wallet.

⚠️ If you believe you are interacting with $RARE, please triple-check the contract address to confirm it is, indeed, $RARE. Always be cautious of malicious actors looking to take advantage of the $RARE ticker symbol.

🔷 Official token contract address: 0xba5BDe662c17e2aDFF1075610382B9B691296350

Please note: Nothing in this article should be construed as financial advice or an encouragement to buy or sell $RARE. The $RARE token is a curation and governance token that enables limited forms of participation in the SuperRare ecosystem. It is not an investment product. Please refrain from any discussion on trading or speculation in the official SuperRare channels.


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