The flypaper

The whole thing in six lines

1. You launch a coin on Pons. Every trade of it pays a small fee to the coin's creator.
2. With Flywheel, the creator is a contract that nobody controls, not even us.
3. When the contract has collected enough fees, anyone can press Buzz.
4. Buzz makes the contract buy the coin in lots of 0.01 ETH, up to 5 at a time, and burn what it bought.
5. Whoever pressed Buzz gets 2% of each lot as a thank-you.
6. Nothing else ever leaves the contract. Ever.

Words we use

Coin

A token launched on Pons, the launchpad on Robinhood Chain. Anyone can trade it.

Creator fee

Every trade of a Pons coin pays a small fee to the coin's creator: about 0.7% of each trade, plus any extra creator tax the coin was launched with (0 to 10%).

Flywheel

A small contract that becomes the coin's creator, so the fees go to it instead of to a person. It has no owner and no off switch.

Lot

One fixed buy of the coin, 0.01 ETH in size. The flywheel only ever buys in lots. More fees mean more lots, never bigger ones.

Burn

Destroying tokens for good. After each lot the flywheel burns a fixed share of what it just bought (100% in the default preset), so the coin's supply only shrinks.

Buzz

Pressing the button that makes the flywheel work: collect its fees, buy up to 5 lots, burn, and pay the person who pressed it. Anyone can press it.

Bounty

The reward for buzzing: 2% of each lot bought goes to whoever pressed the button. With a 0.01 ETH lot that is 0.0002 ETH per lot.

Fuel

Fees the flywheel has collected or can collect right now. A buzz only works when the fuel covers at least one lot plus its bounty (0.0102 ETH).

Rest

After a buzz the flywheel waits 30 seconds before it can be buzzed again.

Curve and pool

A new Pons coin trades on a bonding curve, a simple built-in market. Once 4.2 ETH has been bought in, Pons moves the coin to a Uniswap pool. The flywheel buys on whichever one the coin is on.

The Operator

Our name for the part of the contract that checks the chain on each buzz and picks curve or pool. It is not a person.

Held

In presets that burn less than 100%, the rest of each lot stays inside the flywheel forever. It can never be sold or moved.

The three presets

You pick one when you hatch. It can never be changed afterwards.

All three: up to 5 lots per buzz, 30 seconds of rest between buzzes, and at most 3% worse than the on-chain price quote per lot.

Questions people ask

Who can take the money out?

Nobody. There is no withdraw function, no owner, and no admin. The only ETH that leaves is what buys lots and what pays bounties.

Can the creator change their mind later?

No. Once a flywheel is the creator, Pons has no function that lets the flywheel hand the role to anyone else, and the flywheel has no function to try.

What does the creator get?

Exactly one thing: the tokens from their own first buy in the launch transaction, sent to their own wallet. After that they are a holder like everyone else.

What if nobody buzzes?

Fees just pile up as fuel until someone does. The bounty makes it worth doing, so bots will usually do it within seconds; you can also press the button yourself on the coin's page.

Is a buzz a big market buy?

No. At most 5 lots of 0.01 ETH, then a 30-second rest. Big fee days turn into more buzzes over time, not one giant buy.

Can I adopt a coin that already exists?

Yes, if it launched on Pons paired with ETH. The wallet that receives its fees today signs one transfer, and the coin belongs to the flywheel from then on.

Will my coin show up on Pons?

Yes. A hatch is an ordinary Pons launch. It appears on ponsfamily.com like any other coin, with your wallet as deployer and the flywheel as creator.

What could still go wrong?

Pons' own owner can re-point any coin's creator after a public 3-day timelock; that is their power, visible in advance, and no contract can stop it. Pons also gates some fee collections to its operator, which delays fees rather than losing them. Tokens sent to the flywheel by mistake stay there.

How do I check any of this?

Every number on a coin's page is read from the contract and the token, and every lot is recorded on chain. Open the contract on Blockscout and compare.