π’οΈ WHAT $PONSOIL ACTUALLY IS
A memecoin on Robinhood Chain with one mechanism behind it: every trade pays a 5% fee, and that fee buys United States Oil Fund ($USO) and pays it out to holders.
The loop:
β Someone trades $PONSOIL. 5% comes off the trade.
β The fee collects in the treasury.
β The treasury buys $USO.
β The $USO goes out to holders, split by how much of the supply you hold.
What you have to do: hold it. There is no staking contract, no claim button, no dashboard to log into. A wallet that sits still is never charged anything β no trade, no fee.
Why $USO instead of more $PONSOIL: the reward is a different asset, so what you get paid doesn't depend on this token's own price holding up.
The numbers:
β’ 1,000,000,000 supply, fixed at launch, no mint function
β’ Uniswap v4, paired against ETH
β’ $22,222 paid out to holders so far
β’ Live fee tracker on the site, read off the chain rather than typed in by hand
Worth being straight about: the 5% is a real cost on both entry and exit, and what you receive depends on trading volume and on what $USO is worth. This is a memecoin, not a yield product.
CA: 0x6d355d3b0ec77ce767b37adc5642ab5d8e492975
9 ETH has gone out to $PONSOIL holders. π’οΈ
That's about $23,800 at today's price β and none of it came from a treasury someone topped up. It came from trading. 5% of every trade buys United States Oil Fund ($USO), and the $USO goes straight to holder wallets.
Nothing to stake. Nothing to claim. You hold, it lands.
CA: 0x6d355d3b0ec77ce767b37adc5642ab5d8e492975
π¨πΈπ¦ BREAKING:
Saudi Arabia has restarted its East-West Pipeline and is set to resume exports from Yanbu, per sources.
Drone attacks originating from Iraqi territory forced Saudi to shut it down 9 days ago; many said it would take weeks or even longer to resume operations.
But 3 sources briefed on the matter say it could resume exports from the Red Sea port of Yanbu later TODAY.
However, it is also noted the pipeline is pumping "at a low rate."
Regardless, this is GREAT news...
Source: Reuters / Writer: Michael
Are you fucking kidding me?
CNN reports the U.S. is planning a large-scale military operation against the Houthis in Yemen.
Just when Bitcoin starts pumping hard,
Trump wants to trigger a new war.