Jeefx 🅿️ @MainJeefx - Twitter Profile

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10 days ago

Everything about @Perpshood Perpshood: a launchpad where every coin funds a leveraged perp that backs it, trading fees open a real position on Lighter, and the profits buy back and burn the coin's own supply. Fully automated, on-chain, no team allocation minted. Built on @ponsdotfamily The flywheel: We've seen different experiments on trading fees and how they can be used to feed back into the tokens. Most launchpads route fees to the team, treasury, stocks, etc. Perpshood routes them into a trading strategy that defends the coin. Every trade pays a 1% fee; half of the creator's cut becomes margin for a leveraged perp on Lighter. When that perp profits, the gains buy the coin back off its own curve and burn it (there are other mechanisms we can explore here: e.g., buyback and LP, supply falls and the backing compounds). Drawdowns never sell the coin; they only add margin. A coin is deployed through Pons v2's launchAndBuy router in a single transaction: it mints a fixed 1,000,000,000 supply, seeds a constant-product bonding curve against a phantom reserve of 1.68 ETH, and, in the same tx—takes the creator's opening buy before anyone else can touch the curve. The coin trades on the curve until 4.2 ETH is raised, then graduates to a Uniswap V4 pool. The anti-snipe tax (measured on-chain) The curve charges a punishing, time-decaying tax on the opening window to make same-second bot buys unprofitable. Read directly off a live curve at its launch block, keyed to block. timestamp: It collapses ~16× per second. A bot buying in the launch second receives ~1% of its money in tokens; a normal buyer three seconds later pays only the flat 1% trade fee. The creator's opening buy sits inside the deploy tx, so it is never taxed. Wallets listed in snipeTaxExemptions at launch clear at 0% throughout. Stage 1 (Just for the Perpshood protocol): 30% Pons · 20% AGNT · 50% to the engine sub-wallet. The AGNT cut flows through a fee-splitter contract with no withdraw function. After Stage 2 (engine): the keeper splits that 50% inflow into 50% perp / 20% treasury / 15% creator / 15% burn. Net, as a share of the whole fee: perp gets 25%, treasury 10%, creator 7.5%, and burn 7.5%. The perp engine The perp bucket accumulates in WETH. Once it clears the fee gate, the keeper converts it to USDG (Lighter's collateral), deposits it to the venue, and the first deposit creates the L2 account and opens a market position once there is enough free margin. Everything is gated, so a blip or a dust balance never opens a bad position. Route Fees: bring your own coin Attach the flywheel to any existing ERC-20 on @ponsdotfamily The same engine isn't limited to coins launched here. Route Fees lets a creator point any existing ERC-20's creator fees at a live leveraged perp through a one-use sub-wallet: verify the token, pick the backing market and leverage, and the burn-flywheel is bolted onto a coin that already exists. Profits buy back and burn its supply; drawdowns only add margin, identical mechanics, retrofitted. System architecture The keeper is a single authoritative loop: it reads live coins, computes each fee split, converts and deposits perp margin, opens and manages positions through the signing sidecar, executes buybacks and burns on-chain, and writes state to Postgres. Per-coin gas is auto-seeded from a master wallet; a drained sub-wallet freezes rather than losing funds. CA: 0x7BA36BE14dD06ba492f08be6C1B2979c1d0B652C

MainJeefx's tweet photo. Everything about @Perpshood

Perpshood: a launchpad where every coin funds a leveraged perp that backs it, trading fees open a real position on Lighter, and the profits buy back and burn the coin's own supply. Fully automated, on-chain, no team allocation minted. Built on @ponsdotfamily

The flywheel:
We've seen different experiments on trading fees and how they can be used to feed back into the tokens. Most launchpads route fees to the team, treasury, stocks, etc.

Perpshood routes them into a trading strategy that defends the coin.
Every trade pays a 1% fee; half of the creator's cut becomes margin for a leveraged perp on Lighter.

When that perp profits, the gains buy the coin back off its own curve and burn it (there are other mechanisms we can explore here: e.g., buyback and LP, supply falls and the backing compounds).

Drawdowns never sell the coin; they only add margin.

A coin is deployed through Pons v2's launchAndBuy router in a single transaction: it mints a fixed 1,000,000,000 supply, seeds a constant-product bonding curve against a phantom reserve of 1.68 ETH, and, in the same tx—takes the creator's opening buy before anyone else can touch the curve. The coin trades on the curve until 4.2 ETH is raised, then graduates to a Uniswap V4 pool.

The anti-snipe tax (measured on-chain)
The curve charges a punishing, time-decaying tax on the opening window to make same-second bot buys unprofitable. Read directly off a live curve at its launch block, keyed to block. timestamp:

It collapses ~16× per second. A bot buying in the launch second receives ~1% of its money in tokens; a normal buyer three seconds later pays only the flat 1% trade fee. The creator's opening buy sits inside the deploy tx, so it is never taxed. Wallets listed in snipeTaxExemptions at launch clear at 0% throughout.

Stage 1 (Just for the Perpshood protocol): 30% Pons · 20% AGNT · 50% to the engine sub-wallet. The AGNT cut flows through a fee-splitter contract with no withdraw function. After

Stage 2 (engine): the keeper splits that 50% inflow into 50% perp / 20% treasury / 15% creator / 15% burn. Net, as a share of the whole fee: perp gets 25%, treasury 10%, creator 7.5%, and burn 7.5%.

The perp engine
The perp bucket accumulates in WETH. Once it clears the fee gate, the keeper converts it to USDG (Lighter's collateral), deposits it to the venue, and the first deposit creates the L2 account and opens a market position once there is enough free margin. Everything is gated, so a blip or a dust balance never opens a bad position.

Route Fees: bring your own coin

Attach the flywheel to any existing ERC-20 on @ponsdotfamily

The same engine isn't limited to coins launched here. Route Fees lets a creator point any existing ERC-20's creator fees at a live leveraged perp through a one-use sub-wallet: verify the token, pick the backing market and leverage, and the burn-flywheel is bolted onto a coin that already exists. Profits buy back and burn its supply; drawdowns only add margin, identical mechanics, retrofitted.

System architecture
The keeper is a single authoritative loop: it reads live coins, computes each fee split, converts and deposits perp margin, opens and manages positions through the signing sidecar, executes buybacks and burns on-chain, and writes state to Postgres. Per-coin gas is auto-seeded from a master wallet; a drained sub-wallet freezes rather than losing funds.

CA: 0x7BA36BE14dD06ba492f08be6C1B2979c1d0B652C

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