Every Trade Feeds The Treasury
Trading fees buy PONS and post it for sale 20% higher. When the sale fills, the full proceeds buy PSTR and join the protocol treasury.
How it works
Every trade pays a fee. The fees buy PONS and post it for sale 20% higher the moment it is bought. When that sale fills, the proceeds buy PSTR, which joins the protocol treasury.
The fee
A hook on our pool takes a cut of each swap in ETH. 1% goes to marketing and 4% to the treasury at steady state. The token itself is a plain ERC20, so wallet-to-wallet transfers are free.
The treasury
ETH pools up in the strategy contract. At 1 ETH a new position can open. That call is permissionless, so anyone can make it, and it only succeeds if the balance is really there.
The resting order
The treasury buys PONS and places a sell order 20% above its entry, directly in the pool. No price feed, nothing to manipulate, no "sell now" function. The market either reaches it or it waits.
The buyback
When an order fills it has converted to ETH. That ETH buys PSTR on our own pool, and those tokens are held rather than burned. What the treasury is used for has not been decided yet.
The sell price is set at purchase and cannot be changed. No oracle, no admin, no trigger. The position either fills at target or waits.
Every position is independent, with its own entry and its own target. They stack into a ladder, and one waiting never blocks another.
Treasury
Fees pool up until there is enough for the next position.
Permissionless: once the treasury reaches a full tranche, anyone can
call deploy() and pay the gas to advance the protocol.