1) Let's talk about why $SPON is built different.
24 hours in. 8k $PONS paid to holders & 2.5% $SPON bought and burned.
2) $SPON is native on Pons. Launched through the launchpad, on the launchpad's own pool.
That means every single trade pays into the Pons ecosystem, and it trades everywhere from day one. Fomo, GMGN, Axiom, Uniswap. No waiting for integrations. No friction.
3) Every trade pays 3.3%. About 3% lands in the Vault.
- 70% buys $PONS and pays holders every 2 hours
- 20% buys $SPON off the market and burns it every 30 minutes
- 10% team ops
The above can be verified checking this wallet's trades: 0x49fC31481605ddbf6fcD03b63153B08703dFc09A
4) The burn is the part to understand.
It is not a one time event. It is 20% of every trade, buying $SPON off the market and destroying it, every half hour, forever. Real buy pressure, funded by fees, that never stops.
2.50% of supply BURNED. Add the 5.5% the team has locked and 8% is already out of the payout pool.
5) Zoom out. The $KNOTS token (13m mc) on Stonk trades at 68x $SPON's mc (190k mc), and Pons is currently more than twice the size of Stonk.
The only native option on Pons, $SPON is sitting at $190k.
6) Stack $SPON, stack $PONS.
We are early, $SPON fam. BELIEVE IN SOMETHING.
CA: 0xba356353542ed5564f8b9e48fc6c8d5e6c14a1a8
@spononpons
It's the only native token on Pons, so every trade feeds the Pons ecosystem directly. Trades everywhere right now, Fomo, GMGN, Axiom, Uniswap, no limits anywhere. Pays $PONS every 2h AND automatically buys and burns $SPON every 30 min (unique).
$KNOTS, the reflection token on $STONK, trades at $12M. $SPON, the only native equivalent on Pons, trades at $160k. And Pons itself is at $660M while Stonk is at $254M.
That gap is the trade. Arbitrage.
I love the @spononpons tech, working flywheel for Pons. But even if you didn’t like/understand it. Just through this comparative, it makes sense to bid.
Stonk: 270m ($KNOTS: 15M)
Pons: 480m ($SPON: 240k)
This MUST arbitraged, and I highly doubt it’ll be by dumping knots.
Note: $KNOTS is the largest flywheel coin on Stonk.
Spon is the only flywheel coin on Pons since Pons doesn’t integrate this tech, and they built buybacks/burns and Pons dividends themselves, clearly working and visible on their website and on chain
Stonk - 270m
Pons - 480m
Largest flywheel on Stonk - $KNOTS: 15M
Largest and only flywheel on Pons - $SPON: 240k
There is a huge price disparity here, that is going to be arbitraged.
0xba356353542ED5564f8b9E48Fc6C8d5e6c14a1A8
@spononpons
@himgajria@jackduval Have you checked $SPON in rh, its the first Pons flywheel distributing $PONS to holders and burning and buying back its own token with a max price impact of 3% at a given time…
@spononpons $SPON might revive Pons with a flywheel.
They are the solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS of Pons eco in rh.
They built their own mechanism to buyback/burn the token and distribute $PONS to holders. Deflating the token while contributing directly to the Pons ecosystem.
solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS in sol is trading at 18M mcap... @LaunchOnSF allows tokens to be paired against Stonk, and distribute $STONK to people, buying back/burn. Since Pons doesn't pair against Pons, and doesn't allow to buyback/burn tokens, there was no equivalent token on the RH ecosystem before, until now
$SPON is the first PONS ecosystem native token that pays $PONS dividends to holders and programmatically buys/burns its own token.
Our mission is to be a net positive to the PONS ecosystem.
CA: 0xba356353542ed5564f8b9e48fc6c8d5e6c14a1a8
@AviSchiffmann is the solana:HuZ2yj2H4crjHt43PieWS5iSQ5p2G6BFnEHvMFaUpump token part of your marketing or sales strategy for @friend?
Is there any way you’d like the community to contribute to the distribution of @friend?
@toly any thoughts to share regarding @friend? Do you still share the vision? Is it by chance that you and @rajgokal did an angel round? Was it anyhow conditional to integrating @solana anyhow?