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Most chains were built for developers, not people.
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$PONS v2 vs v1 core differences — quick preview:
Launch and trading mechanism are completely different:
v1:
When creating a token, it directly deploys a Uniswap V3 pool. Liquidity is immediately locked, and trading starts from the first second in this pool with no intermediate stage
v2:
It introduces a Bonding Curve phase first. When a token is created, the entire supply is placed into the curve. Users initially buy and sell through the curve, and the price automatically changes based on buying and selling activity
Once the curve sells all available tokens, it automatically “graduates” by using the collected funds and reserved tokens to create a Uniswap V4 pool, with liquidity permanently locked
The definition of graduation is different:
v1:
Graduation is determined by whether the WETH accumulated in the pool reaches a certain threshold
After reaching the threshold, the token is considered graduated, but the trading venue does not change. Trading continues in the same original pool
v2:
Graduation happens when the bonding curve is completely sold out. The protocol then automatically creates a new V4 pool, and the trading venue switches
However, the tokens held by users remain unchanged
Support for paired assets is significantly expanded:
v1:
Only supports WETH as the paired trading asset
v2:
Supports customizable paired assets. Any protocol-approved token can be used for pricing and trading, including:
Stablecoins;
Tokenized stocks;
Other approved assets.
Creator fees are also received in the corresponding paired asset
This transforms Pons from a simple memecoin launchpad into a general-purpose token issuance layer across the entire Robinhood Chain ecosystem
Fee collection starts earlier:
v1:
Fees only begin after trading enters the liquidity pool
v2:
Fees start from the very first second of bonding curve trading
Both buying and selling transactions generate fees throughout the entire lifecycle
This is the reason the creator specifically emphasized:
“Making money from the first second.”
Stronger anti-rug protection:
Although v1 also locks liquidity, v2 permanently locks liquidity during graduation
The smart contract does not even contain an unlock function, making it extremely difficult for creators to manipulate or exploit liquidity
Other details:
v2 uses Uniswap V4 Hooks to handle post-graduation fee distribution;
Creators can choose to allocate part of the fees toward buying back their own tokens;
Creator allocations can be set with a 5-year linear vesting schedule;
The community takeover process is more standardized.
Summary:
v1:
Traditional model:
Direct launch into liquidity pool + locked liquidity
Only supports ETH pairing;
Fees start after entering the pool;
Simpler structure.
v2:
New model:
Bonding Curve → Automatic graduation into permanently locked Uniswap V4 pool
Supports any approved paired asset;
Generates fees from the first second;
Higher security;
Earlier revenue generation;
Wider application scenarios.
Currently, most projects are still using v1.
After v2 officially launches, new projects will default to the new mechanism, while existing projects will continue operating under the v1 rules
You can steal ONE thing from another Project.
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- Community
- Distribution
- Brand
What are you taking and from which project?
Tag them in comments.
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