Maybe I'm wrong.
But I think people are paying way too much attention to the stock rewards and not enough attention to what $INDEX is building.
The goal seems pretty obvious:
Create multiple revenue streams that feed the same flywheel.
If that works, $INDEX becomes much bigger than a dividend token.
👀
most people bought $INDEX after Vlad followed it and still call it a dividend token or a ponzi. funny.
let’s close that gap.
I mapped what Index is today, what is coming next and where the new fuel sources may come from ↓ https://t.co/rAh1MfavSo
. @TheIndexFi quietly deployed their Indices product (https://t.co/THDFyuhKz4), but there is still NO official announcement 🤫
The team went into "less talk, more code" mode. Everything below is the result of on-chain sleuthing by @StandartXBT, who reconstructed the entire logic directly from the contracts.
How the Flywheel Works:
A token creator on Pons sets up a treasury via IndexTreasuryFactory and points creatorFeeRecipient to it.
Volume fees from Pons flow directly into the treasury to pay holders dividends in
tokenized stocks.
Indices takes a 10% cut from all treasury inflows:
• 50% ➔ Buy & Burn $INDEX (plus an extra boost via their 3% hook).
• 50% ➔ USDG ➔ stock purchases ➔ rewards for $INDEX holders.
The Bottom Line Chain:
Pons volume ➔ Creator fees ➔ 10% Indices cut ➔ Constant $INDEX burn + stock yield for holders.
Current Status:
• The team deployed the full stack (TreasuryFactory, receiver, etc.) late last
night.
• The site is currently returning a 404 ("The train has not arrived at the station"), and the official X account has only dropped a cryptic meme (gINDEXponsV2flywheelMODEonSOON).
• Incentives are massive: token creators get real stock yield for their communities on a launchpad driving ~60–80% of RH Chain flow.
@StandartXBT's take holds up 100%: More volume on Pons ➔ More $INDEX gets burned.
Just waiting on the official public launch now
$INDEX
Lookin' better so far 🤔 Could be a break out soon 🤔
I wonder if there'll be some kinda incentive for long term holders. Hold for 100 days and earn x percent more or something like that.
Is $INDEX collaborating with UNISWAP?
Uniswap launched their own launchpad aggregator, which includes $PONS.
So what do we have: Uniswap -> $PONS -> $INDEX
Everything is connected. The higher the volume on PONS, the more INDEX gets burned.
Everyone wins in this scenario.
new product by @TheIndexFi which will fit nicely on @ponsdotfamily - https://t.co/f7VpviX3mw
it deployed couple hours ago so you've never seen this link/screenshots/etc before. everyone benefits:
> pons - new product on top of existing infra
> creators - new narrative, attention
> users - dividends
> index - new cash inflow
and its nice v4 case study. so how this works? tldr - token creators will be able to pay their token holders with dividends in stocks just like Index doing themselves with their holders. so every coin gets a treasury. details:
> a creator picks a basket of tokenized stocks
> chooses how much of the remaining fees go to holders
> gets a deterministic treasury address before deploying the treasury
> launches the coin on @PonsEcosystem and sets creatorFeeRecipient to that address
> $pons escrow starts accruing fees immediately
> the keeper binds the coin and each payout round buys one stock for that coin's holders
so creators are buying a product for their own bagholders: recurring $NVDA, $SPY, $QQQ, $AAPL or a custom stock basket, paid from the coin's own trading fees. whatever share the creator does not send to holders stays claimable by the creator
Indices clips a fixed 10% of everything routed through the treasury. receiver split():
> 50% buys $INDEX through the canonical pool and sends the bought tokens to DEAD
> 50% becomes USDG and goes to the existing USDGBuyerDistributor
> that distributor buys tokenized stocks and pays them pro rata to $INDEX holders
> the buyback itself crosses the existing 3% INDEX hook, adding another stock-buying stream
so the flywheel is:
pons coin volume
→ creator fees
→ stocks for that coin's holders
→ 10% Indices cut
→ 50% $INDEX buyback + burn
→ 50% stock rewards for $INDEX holders
this is how $INDEX rewards stop living off organic $INDEX volume alone. every opted-in pons coin can become an external revenue source
all of this shipped today:
> 19:34:57 UTC - early factory deployment
> 21:23:27 UTC - current IndexTreasuryFactory deployed
> 21:51:23 UTC - protocol receiver deployed
> 21:51:24 UTC - receiver wired into the factory
> 21:56:14 UTC - the current TLS certificate for https://t.co/K7gQXg9nbP became valid
> 23:07:15 UTC - first treasury deployed
> 23:10:29 UTC - first treasury funded with 0.1 ETH
> 23:32:33 UTC - frontend redeployed again while I was tracing it
contracts:
> factory: 0x3450cEdfDD7F1082D766c8B8998C326D3696E8Df
> implementation: 0x6bDc8993Dc922DC32E33A9c654b795AF53005C8e
> protocol receiver: 0x0f5A32F791f536482d5BA27A58749F02c8b0cBbC
> stock distributor: 0x2459DedB3012d1E929EdD17DF26620120bDF11bf
> first treasury: 0xFACA543C31693d504B598222DEafaA59F720C978
Credit to the person who walked me through the $Index × $Pons angle.
@RobinhoodCrypto is on fire right now, and we’re seeing intense launchpad wars.
@ponsdotfamily is clearly dominating token creation day after day. And when you look at actual trading volume, the gap is even clearer. $Pons has taken the lead and is holding it.
But if you look at Vlad’s long-term vision, it’s not just about creating another place to trade memes. The goal is to onboard millions of people outside of crypto and make them crypto users, while tokenizing real world assets (RWAs) to distribute value back to both existing and new participants.
https://t.co/WK5nVmweSD
Pons integration: Coming shortly after Pons v2 ships out. We can't share just yet what it is, but it does what we promised.
More stock rewards to holders. No longer just relying on our token's volume to distribute stocks to our holders.
https://t.co/Qhm0Yna5tn: more assets across the Robinhood eco, alongside stock collateral as that becomes available.
Routes for agentic trading across perps and spot, and agentic access to Intel.
We have 1 more product that we should've waited for approval on before speaking about or promising a timeline for. It's still in the works, but we can't comment at this time. not trying to cause more speculation, just being honest.
Moving forward: no more promises, no more deadlines, no more vague posting.
We'll just drop products/updates as they become available to share.
🚨BIG NEWS🚨It took us over 7 years to get to this point, but we are proud to announce that Rainbow Trends is now officially part of the @tradingview Indicator Store! Thanks again for everyone who has supported us throughout the years on this unplanned and odd journey! Shoutout:
i bet you don't get that @ponsdotfamily x @TheIndexFi collab
@MEADGod told that "creator payout will no longer include the deployed token, but the token it was paired with"
1. what if creators will be able to launch tokens in pair with $index and receive not only fees but also distribution of rwa stocks from @TheIndexFi?
2. what if those pairs will also include 3% fee which will bootstrap volumes, distributions and cash inflow to Index? awesome flywheel for both protocol and users
its just my speculations and its not approved since @ponsdotfamily are using v3 pools while you need v4 hooks for those 3% fee taking. if they won't develop new v4 hooks - its still possible that 30% protocol fees will be divided between pons and index which is new inflow for both
launches with $INDEX but using eth routing via index pools also makes sense and adding more value
unbelievable bullish but i still didnt find anything onchain or anywhere else. will update you on this as soon as i'll have smth new