We’ve updated our website and docs to make the project easier to use and understand while our migration request awaits approval from @ponsdotfamily.
Our V2 Fee Router and Vault are already deployed, with verified source code available for everyone to review:
V2 Fee Router
0x972288f6FDD9DAB207638811047c295B306e2D98
https://t.co/tvHyWEOgBA
V2 Vault
0x60c67b2c88341286364c1363bcEAf42Ce9E01867
https://t.co/yQIbkqsw2g
Check out the updated site: https://t.co/XPXWRkdDr3
Again, thank you for your patience.
@ponsdotfamily Just to clarify: we’re currently not handing over the project, and our account hasn’t been hacked.
We’re using @ponsdotfamily’s CTO process to request a fee router change, and the post above is part of that verification.
While we’re waiting for the fee redirect, we’ve deployed and tested V2 on Robinhood Chain and updated the website to keep things simple.
Holders can redeem their available shares from both V1 and V2 in one transaction, through the Redeem V2 button. Same token, same market.
The upstream fee redirect is still pending, so the fee buttons on our website are temporarily disabled. We’ll add our dev share earned before the migration to the V2 vault.
The Router has a 72-hour timelock for changing fee recipients and giving up ownership. We plan to give up ownership once everything has been running smoothly for a while.
In short, you don’t need to move or swap your tokens. We’re taking care of the remaining migration steps for you.
We’ve seen so much support, and we really appreciate it. Sorry again for the messy launch.
We’ll find our $ANSWER together.
PSA:
We’ve successfully reached out to @MEADGod. He pointed us to the Pons CTO application process, and we’re now preparing our creator fee recipient update request.
A step forward for the migration. No action is needed from holders right now.
Stay tuned, more details soon.
As a gesture of goodwill, we will contribute 100% of our own fee proceeds received before the migration is completed to the V2 vault, increasing the ETH backing available to holders.
We’re sorry for the confusion and inconvenience, and thank you for your patience.
PSA:
We’ve identified a small bug of the redemption discrepancy.
Pons permanently locks approximately 8.16% of the original token supply. Following our burns, those locked tokens represent 28.57% of the remaining supply.
Our vault counts permanently locked tokens in its redemption calculation. With the same ETH reserve, this makes the redemption rate approximately 28.57% lower than a calculation that excludes those tokens.
Actual burns are deducted correctly.
We’ve verified the core migration mechanics on a robinhood fork and are preparing a proposal. We have also reached out to @ponsdotfamily and @MEADGod.
The proposed design directs future fees to a new vault, with a single redemption flow combining redeemable shares from both vaults under the same rules for all holders.
No action is needed from holders right now.
Thank you for your patience.
We burned our entire bonding curve purchase, about 71.43% of the total supply, including the tokens redeemed during testing.
Our DEV and RECEIVE wallets hold zero ANSWER.
Link to the tx:
https://t.co/XEf6bDpDYY
Now, you’ve found your $ANSWER, will you hold on to it?
You can trade it on launched @ponsdotfamily and @Uniswap. Or any aggregator you like.
CA:
0x23bf265196c51886d7c9afCB8a0476040cF053cd
The floor moves quietly at first. That’s normal.
When volume awakens and fees reach the pool, the slow climb can gather pace.
Patience. Every drop adds to the depth.
Early buyers can have a big advantage.
The bonding curve gave early buyers an outsized advantage.
We bought through it and burned our entire launch buy, 71.43% of the original supply, to keep that early allocation out of snipers’ hands.
This cost us over $10,000.
You'll find your
@ANSWER.
Only on @RobinhoodCrypto with @ponsdotfamily.
We’ll automate fee harvesting so new fees reach the pool sooner and the redeem rate updates faster.
Let time do its thing.
The redeem rate only moves up or stands still.
When you choose to redeem, your share comes directly from the pool, no buyer on the other side needed.
You'll find your @ANSWER.
Only on @RobinhoodCrypto with @ponsdotfamily.
71.43% of the original $ANSWER supply has been burned. Our dev and receive wallets now hold zero ANSWER. Check it yourself.
We’re live on Robinhood Chain @RobinhoodCrypto, launched via @ponsdotfamily.
CA:
0x23bf265196c51886d7c9afCB8a0476040cF053cd
Ownership of both the Fee Router and Redeem Vault has been renounced.
Anyone can trigger fee harvesting, and holders can redeem their ANSWER for ETH.
No owner permission required.
The $ANSWER is coming.
The token has launched.
CA: 0x23bf265196c51886d7c9afCB8a0476040cF053cd
The tokens purchased in the developer buy will be burned once final testing is complete.