question for @ponsdotfamily.
what's happening with creator fees on Pons V2?
our previous launches earned creator fees normally.
on V2 every launch shows 0% creator tax and nothing to claim.
is this an intentional change, or are creator rewards currently not working?
would love an update for everyone building here.
the receipt has a home now.
https://t.co/bUSQlckgFS
execution cost, measured instead of guessed.
sample data today.
real receipts soon.
every pot gets raked.
$RAKE launches today on robinhood chain.
the product is simple: paste a tx, print the cost nobody prints.
spread. slippage. gas.
same asset. same size. same minute.
every pot gets raked.
56 days left.
the gas subsidy is still covering a cost most traders have not had to see.
on september 30, that line stops being invisible.
spreads remain. slippage remains. gas joins the receipt.
we are counting down in public.
$RAKE
every figure we publish carries its sample size, and every fill we cite links to the
explorer.
where a book is too thin to quote both sides, we write "not enough depth" instead of
guessing.
right now the site runs on sample data and says so on every screen.
the gas subsidy runs 90 days and ends at the end of september
that is why trading here feels free. in october the same trades carry a number they do not carry today
we are counting down to it in public
three things are true at once on this chain.
a venue can quote zero fee and still be paid, through the spread inside the quote.
a pool can charge 1% and take far more than that in slippage when it is thin.
and gas is currently being paid for you by robinhood.
none of that is wrongdoing. all of it is cost.
#RAKE
you were quoted a price. you were not quoted the spread.
#RAKE prints the receipt nobody prints: what a swap on robinhood chain actually cost you,
and what the cheapest route would have cost.
every pot gets raked.
soon: paste a tx hash, get a receipt.
what that swap actually cost you, what the cheapest route would have cost, every number
linking out to the explorer.
zero fee is a pricing decision, not a physics one.
if a venue quotes you a price instead of charging you a fee, the fee is inside the price.
that is a normal way to run a business. it is just not a printed one.
a chain doing 7.6 million transactions a day is collecting about four thousand dollars a
day in fees.
that is not a chain being cheap. that is a chain being subsidised.
the subsidy has an end date.