Selection risk, removed.
You no longer need to know which launch runs next. You hold the ten that already have, and the index replaces them the moment they stop leading.
Pre-launchOn-chain indexRobinhood Chain
Ten winners.
One ticker.
You believe in Pons. $PONS10 lets you own all of it: the ten largest tokens on Pons, bought with the index's own trading fees and delivered to your wallet. Rebalanced daily by rules, not by people.
Tokens launched on Pons…
Fee claims processed…
Unclaimed fees in Pons escrow…
Next distribution…
Live from the Pons indexer and Robinhood Chain.
01The thesis
Being right about Pons
was the easy part.
Conviction is not the hard part. Selection is. Being right about the ecosystem and wrong about the ticker is the most common way to lose in this market. PONS10 removes the pick.
Survivorship, as a feature.
A top-ten token has already survived price discovery, found liquidity and built a holder base. The index only ever buys what has proven demand.
Assets, not yield.
Distributions are paid in kind: the ten underlying tokens, not more of the token you already hold. Your portfolio gets wider every epoch, not just heavier.
Three ways to express a view on Pons.
$PONS is the exchange. $PONS10 is the market. They are complements. Most ecosystem believers will want both.
| Attribute | Hold $PONS | Pick a token | $PONS10 |
|---|---|---|---|
| Exposure to | The launchpad | One project | What the launchpad produces |
| Upside driver | Platform volume | A single outcome | Ecosystem winners, whichever they are |
| Rebalancing | Not applicable | Manual, by you | Daily, by on-chain rules |
| Cost to maintain | None | Your time, gas and fees | Paid by trading fees |
| Distributions | None | None | The top ten, in kind, every epoch |
02Holdings
The ten that matter.
The ten largest tokens in Pons's own graduation catalog, PONS included, ranked exactly as the graduation card ranks them. Every price is checked against a live on-chain quote before a single wei is spent.
| # | Constituent | Price | Market cap | 24h | Basket weight |
|---|---|---|---|---|---|
| Loading… | |||||
03Distributions
Every epoch,
on the record.
Each epoch buys the basket on-chain and publishes a Merkle root of every holder's share. It waits out a challenge window, then holders are paid directly or claim here.
Your distributions
Connect a wallet to see what you are owed.
| Epoch | Status | Basket | Holders | Bought |
|---|---|---|---|---|
| No distributions yet. | ||||
04Methodology
Rules, not a committee.
Winners earn weight. Laggards lose it. The ranking is derived from chain state, so the index cannot be quietly edited. Nobody is asked.
- Universe
- The Pons graduation catalog: the list Pons itself presents, not the raw indexer with its spam and impostors.
- Selection
- Top 10 by market cap, as Pons's graduation card ranks them. Re-ranked every day.
- Screening
- A live route that delivers to the treasury, a catalog price that agrees with the market, and bounded price impact at full size. Fails closed; every skip is published with its reason.
- Initial weight
- 10% each.
- Daily drift
- Each slice moves with its token's market-cap change, then the basket is rescaled to 100%.
- Bounds
- No constituent above 25% or below 2.5%.
- Down days
- If no constituent rose, nothing changes.
- Rebalance cost
- Zero. The basket is bought and distributed, never sold.
| Token | 19-day move | Weight after 19 days start 10% |
|---|
Illustrative replay; reproducible with keeper/scripts/backtest.ts.
The leader hit the 25% cap and the laggard sat near the 2.5% floor, yet
all ten stayed in the basket. Past movement says nothing about future movement.
05How it works
Volume in.
The ecosystem out.
PONS10 INDEX launches on Pons itself. Its share of the fees its own trading generates is what buys the basket. Nothing is minted, nothing is sold, and no one is paid to manage it.
-
01
Trading generates fees.
Every trade pays Pons's 1% fee plus $PONS10's own 1% tax, on the ETH leg, never in the token. 1.7% of every trade funds the basket.
-
02
Fees go to code, not a wallet.
The creator share accrues to an on-chain treasury contract. Redirecting it takes a public 7-day timelock.
-
03
The basket is bought.
Each epoch's revenue is split across the ten by weight and spent on the open market.
-
04
Holders receive the tokens.
A Merkle root of every holder's share goes on-chain. Every holder whose share is worth the gas is paid directly; anyone can claim on this page.
The only token on Pons whose success is directly good for every other token on Pons.
06Safeguards
Engineered so the assets
stay yours.
Every control is on-chain and every change is visible before it takes effect. Where a guarantee matters more than flexibility, we chose the guarantee.
Fixed supply
No mint function. Volume funds the basket and nothing else does.
7-day timelock
Any change to where fees go is queued publicly on-chain for seven days before it can execute.
Challenge window
Each distribution waits in a window where a guardian can veto a bad root before claims open.
No pause on claims
Once an epoch opens, nobody can freeze what holders are owed. Not even the owner.
Capped keeper
The keeper's spending is capped per epoch, and every distribution it publishes is re-derived from chain data by an independent verifier that can veto it.
Fail-closed screening
Unknown is never treated as safe. A token without a live route, or whose price disagrees with the market, is skipped and the reason is published.
07Your allocation
Estimate your share.
Your share of every epoch is your share of the eligible supply. The same arithmetic runs on-chain when you claim.
Your $PONS10 balance
÷ eligible supply
= your share of every basket
A supply-share estimate, not a claimable amount. Final amounts depend on the epoch snapshot, excluded addresses (contracts such as the Pons pool, the treasury and the distributor, the burn address, and balances under one token), each token's funded amount and that epoch's weights. Distributions depend entirely on trading-fee revenue and may be zero.
PONS10
Eligible supply
…
Your share of eligible supply
0%
Enter a balance to calculate.
08FAQ
Straight answers.
The questions worth asking before you hold anything.
Is this a fund?
No, and we say so plainly. It is not registered, not a fund, not managed and not a security. "Index" describes the mechanism: a rules-based basket of the ten largest Pons tokens, bought on-chain and delivered to holders. See the disclaimer below.
How is this different from holding $PONS?
$PONS is exposure to the launchpad's fee capture. $PONS10 is exposure to what the launchpad produces. $PONS is the exchange; this is the market. PONS itself is one of the ten constituents.
Why not buy the ten tokens myself?
You would pay ten sets of fees, rebalance by hand every day and fund all of it yourself. Here the trading fees pay for the buying and the rebalance is automatic.
What stops a scam token entering the basket?
Every candidate must be in Pons's own catalog, and every Pons launch is the same standard token contract, with no blocklist, pause or mint. Before any ETH is spent the keeper also needs a live route that delivers to the treasury and a catalog price that matches the market. Anything else is skipped, and the reason is published.
What if the keeper disappears?
Fees keep accruing on-chain and nothing is stranded. Claims are pull-based and already published, so holders can always collect what an epoch owes them. Distribution resumes when a keeper runs.
Can the team redirect the fees?
Only through a 7-day public timelock, which emits an on-chain event the moment it is queued. You would see it coming.
What are the risks?
Distributions depend entirely on trading volume and may be zero. The basket holds third-party tokens that can lose all of their value. Robinhood Chain is an early network with a single sequencer and operator-upgradeable contracts. Hold only what you can afford to lose entirely.
For conviction in Pons
Stop picking.
Start owning.
One position. Ten assets. Rebalanced daily, funded by volume, delivered to your wallet.