How it works
One signature,
four markets, one vault
This page follows the money and the trust, step by step. If you only read one section, read "who you trust".
01
What you pay
The form quotes one number, read live from the registry: the pons launch fee, one fixed ETH slice for each of the three remote venues, a market maker seed for each of the four venues, and a Quadpad fee. Add an opening buy if you want one. A slice is the relayer's gas budget for that chain. It sits in the registry until the venue is live, then moves to the relayer. It never moves anywhere else.
pons launch fee
Read from the pons factory at the moment you sign and forwarded whole. Quadpad does not mark it up.
Three slices
One per remote venue, set by the operator to cover a create transaction on that chain plus the attest back on Robinhood Chain. Refundable, see 04.
Maker seed
A small position per venue. The PONS share is bought for the maker inside your transaction, before your own opening buy. The other three are escrowed with the slices and spent as the opening buy when the relayer creates each coin. It is how the maker holds inventory of your coin on every chain from the start. Fees never fund the maker.
Quadpad fee
Credited to the treasury on launch. Read protocolFee() on the registry for the current value.
Opening buy
Optional. Spent on the PONS curve in the same transaction, with the tokens sent to your wallet, not the registry. You are exempt from pons's opening snipe tax on this buy.
02
In your transaction
The registry deploys a small fee sink for your coin and calls the pons factory with your name, ticker, image and description. The sink is named as the creator fee recipient, the creator tax is set to 1%, and buybacks are off so the sink can always sweep without asking anyone. When the factory returns, the coin and its curve exist. The registry records them, escrows the three slices, and opens the coin's slot in the vault, bound to the stock you picked. The vault refuses a stock it does not list, so a bad pick reverts the whole launch. Nothing about this leg depends on any server.
03
On the other three chains
The relayer reads the metadata JSON your launch stored on chain, then creates the coin on each venue with the same name, ticker, image and description. On each chain the fee recipient is a wallet derived for your coin and used by nothing else.
pump.funA create signed by a mint key and a creator key both derived from your launch id, so the same launch always maps to the same mint and the same creator. The creator fee accrues to that creator wallet.
FlapA Tax Token V3 through Flap's portal with a 1% buy and 1% sell tax whose beneficiary is your coin's BNB wallet. Flap's processor pushes the tax there on dispatch.
ClankerA Clanker v4 token opening straight into a Uniswap v4 pool at 1.68 ETH of market cap. LP rewards are paid in WETH to your coin's Base wallet through Clanker's fee locker.
For each venue that went live the relayer writes the address into that launch's slot on the registry. That call releases the slice. A slot can be written once.
04
Fees come home
A collector runs every ten minutes. On PONS it calls the coin's sink, which sweeps the curve, claims the escrow and deposits into the vault, labelled PONS; anyone can call that. On the other three chains it claims what the coin's wallet has earned, bridges it to Robinhood Chain through Relay once it is worth a few dollars, and deposits it under that venue's label.
The split, on chain
Every deposit, whoever sent it and whichever label it carries: 80% to the coin's pending ETH, 15% credited to the creator, 5% to the protocol. Creators withdraw their 15% on Robinhood Chain, for fees earned on four chains.
Feed
Anyone can call feed on a coin with pending ETH. The vault swaps ETH to USDG to the stock directly on the Uniswap v4 PoolManager. Before it touches a pool it reads both spot prices and both liquidity words out of PoolManager storage and refuses less than 97% of what those say. Batches are tens of dollars; shoving a pool to sandwich one costs more than it can take.
Labels
The sink may label a deposit PONS; the relayer may label pump.fun, Flap or Clanker; anyone else deposits under "other". Labels only feed the display. A wrong label cannot move a wei anywhere but behind that coin.
05
Redeem
Any holder of the Robinhood coin hands coins to the vault and takes backing times coins over supply of the stock. The coins are burned. Because the payout is exactly pro rata and the supply falls by exactly what was burned, the stock per remaining coin never falls; deposits and feeds only raise it. Holders on the other three chains trade at the same price because the maker holds the four caps within a band, and can bridge to the Robinhood coin to redeem.
06
Who you trust
One key. The relayer can do exactly three things: put an address in an empty venue slot, mark that slot failed (which refunds your slice on the spot), and deposit ETH for a coin under a venue label. It cannot touch the curve, the fee sink, the vault's backing, your tokens, or anyone else's slices. If it goes quiet, any slot still pending two hours after launch can be reclaimed by you with no signature from anyone else.
What is on chain
The registry, the pons leg, the fee sinks, the vault, its split, the feed's price check, the redeem, the escrowed slices, the venue addresses once attested, and the refund rules. All readable on Robinhood Chain.
What is not
The relayer, the collector and the maker are processes. The remote fee wallets are keys the operator holds. The relayer can fail to bridge a venue's fees; what it cannot do is spend them on anything other than that coin's backing once they reach the vault.
What pons can do
A pons community takeover can redirect a coin's creator fee recipient after its public three-day timelock. No fee sink can prevent that. It is a property of pons, not of Quadpad.