the $STONKS on @ponsdotfamily fee flywheel is kind of absurd when you actually do the math.
Every time volume runs through $STONKS, there are two sources of fees.
Pons charges a standard 1% trading fee, with 70% of that fee going to the creator.
$STONKS has an additional 1% creator fee on top.
100% of the $STONKS creator-side fees are routed back to holders in $SPY.
So for every $1M in volume:
standard Pons trading fee = $10,000
creator share of standard fee = $7,000
$STONKS creator fee β $10,000 = $17,000 in $SPY accruing to $STONKS holders.
Scale the volume and it starts getting interesting:
$10M DV = $170,000 in SPY to holders
$25M DV = $425,000 in SPY to holders
$50M DV = $850,000 in SPY to holders
$100M DV = $1,700,000 in SPY to holders
$250M DV = $4,250,000 in SPY to holders
$500M DV = $8,500,000 in SPY to holders
At $10M daily volume, that's $5.1M in $SPY over 30 days.
At $50M, $25.5M.
At $100M, $51M.
At $500M, $255M.
The important part is where those fees go.
The creator-side fees aren't being pocketed by the $STONKS creator. They're routed to $STONKS holders in $SPY.
More $STONKS volume = more fees = more $SPY distributed to holders.
You hold the largest financial markets meme on the Robinhood ecosystem. Activity around the token generates fees. Those fees send stocks back to the people holding the meme.
buy stonks. earn stonks.
the flywheel is alredy spinning.
0x238239d8fbec75ebc08aca988447bc1926f615e0
2.25M+ distributed on @LaunchOnSF
Nearly $30k distributed by solana:Lyi47medADEVDd5hxJo1mbxhnBct841sFpcGRyHTuwp
The narrative is growing.
The chain has receipts.
Hold solana:Lyi47medADEVDd5hxJo1mbxhnBct841sFpcGRyHTuwp. Earn base:0x833589fcd6edb6e08f4c7c32d4f71b54bda02913.