vitalik is 100% right. 600% APR is a ponzi.
$PONZI · eth mainnet · the contract literally admits it, on-chain, immutable.
the only honest one of the bunch.
CA: 0x7014d051E7b6C333599440A8463a0d7C2AB89ceE
Also an important lesson for the crypto space. Way too much mental gymnastics goes into defending things that a 12 year old applying a simple unnuanced "if it offers 20% APR it's a Ponzi" rule would correctly reject every time.
6 hours post-launch:
- 2 wallets maxed at 5 tiles
- 0.1645 ETH claimed by the top holder
- 0.0301 ETH earned with just one tile
- 0.34 ETH already distributed to tile holders
the pyramid isn't a promise. it's a payout.
staking live. tiles live. contract works.
just locked a position for 7 days at 60% APR. could've picked 14d at 120%, 30d at 300%, or 60d at 600% — all snapshotted at stake time, all pre-funded from a 250M reserve, all true-locked with no emergency withdraw.
read the contract or stake the contract. your call.
every ponzi starts with a crash.
that's the test. the pyramid doesn't need a green candle to function. It needs holders who read the contract.
tiles open. staking open. treasury filling.
we're early. again.
https://t.co/TxnzfGgo09
$PONZI tiles, explained.
253 tiles. that's it. own one and you earn 90% of every fee routed to the tiles contract, pro-rata, claimable anytime.
how it works:
admission is 0.0256 ETH. 0.0176 to treasury, 0.008 into your tile deposit. minimum declared price 0.01 ETH.
you set your own price. a 5% weekly Harberger tax comes out of your deposit. deposit runs dry, tile gets foreclosed back into the pool.
anyone can buy your tile at its declared price plus 10% fee. 90% of that fee flows to holders, 10% to treasury. you walk with the full price plus unused deposit.
no buyout in 2 weeks? your declared price decays 20% per period, floored at 10% of original. overpriced squatters get shaken out.
max 5 tiles per wallet. 22 rows. 1 capstone.
every buy tax, sell tax, and external deposit the protocol collects gets routed through the tiles contract. holders eat first.
climb the pyramid.
$PONZI is live.
an ERC-20 on ethereum. transparent by design. a pyramid you can audit.
- 2/2 tax, hardcoded
- 4 staking tiers, up to 600% APR
- 253 harberger tiles, 90% of fees to holders
climb it or don't.
CA: 0x7014d051E7b6C333599440A8463a0d7C2AB89ceE