Ponsion is a token whose entire fee is spent buying PONS on the open market and handing it to holders. It has no owner, no treasury and no withdraw function. The buying isn't a policy someone decided on — it's the only thing the contract is capable of doing.
Every project eventually announces buybacks. Almost all of them are a team deciding to spend a treasury, which means the same team can decide to stop, to spend it on something else, or to quietly never start. That is a promise, and promises are worth what the people making them are worth.
Ponsion isn't that, and the difference is checkable rather than rhetorical.
On Pons, only the current fee recipient can hand the creator fee to a new address. From the launch transaction, that recipient is the rewards contract — which has no function capable of making the call. There is no key that can move it. Not ours, not anyone's.
The contract has no owner, no admin role and no withdraw function of any kind. The only outbound path for the ETH it collects is a swap into PONS. There is no second door.
Once bought, the only way PONS leaves the contract is into the wallet of someone holding $PONSION, capped at their share. It cannot be sold, cannot be reclaimed, and cannot be sent to us.
As long as anyone trades $PONSION, PONS gets bought. Not because we keep our word, but because the contract has no other behaviour available to it.
Put plainly: this is non-discretionary demand for PONS. It doesn't wait for a vote, an announcement, or anyone's continued goodwill. It runs on the hour and every swap is on chain.
Buys and sells carry a 3.33% fee. Of that, 3.03% reaches the rewards contract as ETH — it was set as the fee recipient in the launch transaction itself, so it was never pointed at a wallet, not even for a block.
A real market swap, at a price bounded against the pool's rolling average so it can't be baited into a manipulated trade. Same pool, same book, same slippage as anyone else buying.
Distributed to $PONSION holders, weighted by how much they hold and how long they held it. From the market's point of view the PONS has been bought off the book and scattered into hundreds of separate wallets.
Everything above is a mechanism, not a prediction. Here is what it does not do, stated plainly, because you will work it out anyway and it's better coming from us.
The rewards contract's source is verified on the explorer. Read it — the claims above are just descriptions of what the code can and cannot do. Every PONS buy appears as a swap in its transaction history.
✓ Source verified on Blockscout
| What | Address |
|---|---|
| Rewards contract (the buyer) | — |
| $PONSION token | — |
| $PONS (what it buys) | — |
The numbers on this page are totalled from the contract's own swap events and published as a plain file, so you can check them against the chain rather than believing the page.
Ponsion buys PONS whether you're involved or not — that's rather the point of it having no owner. But if you'd like the PONS it buys to arrive in your wallet instead of someone else's, holding $PONSION is how that happens.