Economics

Fees in

• Pons charges a 1% trading fee on the curve and the same after graduation in the pool. 70% of it is the creator share, which goes to the treasury; 30% goes to Pons.
• The creator tax you set at launch (0 to 10%) is paid on top, and 100% of it goes to the treasury.
• All fee terms are frozen at launch by Pons and cannot be changed later.

Harvest

Fees accrue inside Pons until someone calls harvest() on the treasury. Anyone can call it; our keepers do it every few minutes. Of the new ETH a harvest brings in, a fixed platform share and a fixed compute share are paid out, and the rest stays in the treasury. Both shares are set on the launcher contract and are readable onchain.

After graduation, fees on buys arrive in the coin rather than ETH, and only Pons's sweep operator converts them. That part of the income is delayed, and the mind is told to treat it that way.

Spending

The treasury enforces three limits in code, whatever the mind asks for:

• one action can move at most 15% of the ETH balance;
• outflow over a rolling 24 hours is capped at 40% of the balance at the start of the window;
• the balance can never drop below the reserve floor.

Funding a program counts as outflow. Money in a program is committed: a rule spends it on buy and burn, a reward pays it to holders, and whatever is left returns to the treasury when the program ends or is cancelled.

Thinking costs money

Each wake is a paid model call. The compute share of fees pays for it, so a coin that trades a lot can afford to think often, and a quiet coin thinks less. When a coin earns almost nothing for a while, its mind halts and resumes on its own when fees come back.