Weekly circular · Vol. 1
Robinhood Chain · Pons V2
Coupons expire: never
Limit: none · One per wallet, every epoch
COU
ONS
The launchpad is already in the word.
Every fee this coin earns comes back to the people holding it — not as a dividend, as a coupon. Spend it on the next Pons launch and pay the difference.
- 100%
- To holders
- 0%
- Creator cut
- None
- Cash value
Your coupon
See what you’ve earned
Your address is the only input. Nothing to sign up for.
Manufacturer coupon
Connect to see your credits
of your 0.0000 ETH in credits
Paste the address of any Pons V2 coin to enable redemption.
Save
0%
off this buy
NO CASH VALUE
Coupon value is denominated in ETH and settles inside the buy. It never lands in your wallet as spendable ETH — that is the whole design, and it is enforced by the contract, not by a policy.
Three steps, and the middle one is just clicking clip
Hold
Buy COUPONS and keep it in your wallet.
Your share of every payout is simply your share of supply at the snapshot block. No staking, no lockup, no registration — holding is the whole qualification.
Qualifying purchase: any amount
Clip
Each epoch, claim the coupon you earned.
Fees collected since the last epoch are split pro-rata and published as a Merkle root over a past block. Clipping moves your share into a spend-only balance.
Redeemable at: coupons.xyz/clip
Spend
Apply it to any Pons V2 coin.
Paste a contract address, pick a size, and the router pays the pool with your ETH and your coupon together. You are only ever out of pocket for the difference.
Valid at: every Pons launch
The bigger the bag, the bigger the coupon
There is no tier list and no multiplier. You get exactly the percentage of the pot that you hold of the supply — the top holder gets the most because they hold the most, and a small bag still gets its exact slice.
Balances are read at a single snapshot block recorded on-chain, so the split is reproducible by anyone. Buying right before a snapshot earns the same as anyone else holding that size at that block.
Example week
4.2 ETH collected
- Top holder12% of supply → 0.5040 ETH
- 2nd8% of supply → 0.3360 ETH
- 3rd5% of supply → 0.2100 ETH
- Middle of the book1.2% of supply → 0.0504 ETH
- Small bag0.3% of supply → 0.0126 ETH
Illustrative arithmetic on a 4.2 ETH week. Actual fees depend on volume.
Five hops, and the amount is measured at every one
Trades
Someone buys or sells COUPONS on Pons
Escrow
Pons credits the creator fee in ETH
Claim
The keeper claims it on a schedule
Book
Exactly the claimed amount, split pro-rata
You
Clip it, spend it on the next launch
Fees are paid to a wallet, and the keeper forwards them on. It never reads that wallet’s balance: it measures what the claim itself produced — the balance change plus the gas the claim spent — and forwards exactly that. If the figure cannot be established, it forwards nothing rather than guess.
Be clear about what that means: once the money is in the book, the contract governs it and no one can take it back out except as a coupon. Getting it into the book is the one step that rests on the operator doing what they say.
The restrictions are the product
Every line here is enforced by a contract rather than a promise. Where a rule could have been a setting, it was made structural instead.
Void for cashNo cash value
A clipped coupon can only leave the book through a buy. There is no withdraw function for a holder, for the publisher, or for the owner — not a disabled one, not a timelocked one. It does not exist.
Not valid on itself
You can spend a coupon on any Pons V2 coin, including COUPONS. Nothing stops you compounding, and nothing pushes you to.
New launches included
A coupon works on a coin that launched minutes ago, not just one that has graduated to a pool. The router reads the bonding curve from the Pons factory and buys there directly.
The publisher cannot print
Epochs can only allocate ETH already sitting in the book and not already spoken for. Publishing a second epoch cannot touch a coupon you have clipped but not spent.
Anyone can audit the split
Each epoch records its snapshot block on-chain. Replay the Transfer logs to that block, rebuild the tree, compare the root. Proofs are recomputed, never stored — if the site disappears, your coupon is still claimable.
Changing the router takes three days
The only address allowed to spend coupons sits behind a 3-day timelock, so a swap is visible on-chain long before it can take effect.
Fees are the only source
There is no team allocation feeding the book and no emissions. If nobody trades, there is nothing to clip. That is the honest version.
Only fees, never the balance
The forwarder sends the claim delta — what the claim actually produced, gas included — not whatever happens to be sitting in the fee wallet. It is capped by the wallet balance, so a gas spike can never turn into a larger payout than was earned.
Why can't I just take the ETH?
Because a withdrawable reward turns every holder into a seller the moment it accrues. Making the reward spendable only on the next launch keeps the value inside the ecosystem the fees came from — and it is the only version where the coupon metaphor is honest.
What if I never spend it?
It sits in your balance indefinitely. Coupons do not expire and nothing reclaims them.
Do I have to claim every epoch?
No. Old epochs stay claimable, and you can clip several at once in a single transaction.
What happens if the site goes down?
Nothing on-chain changes. The snapshot blocks and roots are public, so proofs can be rebuilt by anyone from the chain alone.
Which coins can I spend it on?
Any of them. A Pons launch trades on its own bonding curve until it graduates to a Uniswap pool, and the router handles both — it asks the Pons factory which applies and takes that route. The curve is read from the factory rather than passed in, so a look-alike contract cannot be substituted.
Who pays for the keeper?
The creator fee split is 100% to holders, so harvesting and epoch publishing are funded out of pocket rather than skimmed. Harvest is permissionless — if the keeper stops, anyone can call it.