PAYOUT
Each campaign is a Pons coin about a person. Its trading fees fund USDG payouts that only the listed X accounts can claim. The rules are fixed at launch.
Search results
—Largest unclaimed payouts
Unlocked USDG that a listed X account can claim now, largest first. Accepted claims that wait for approval or delivery are not listed.
Nearly funded
New campaigns
Leaderboard
Total USDG actually delivered to recipients.
Launch treasury
The treasury holds the protocol share of finalized campaign receipts, expired recipient USDG that nobody accepted, and forfeited USDG naming bonds. Recipient funding, accepted claims, deployer credits, and refundable bonds stay in their campaign contracts and never enter the treasury. USDG in the treasury is not PAYOUT that was bought or burned.
Contributions by source
Permitted purpose
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Commitments and scoring interval
The owner commits the PONS snapshot and the scoring program as salted hashes before scoring starts, and the token terms before the launch. The hashes are public. The terms stay private until the launch transaction reveals them, and the launch reverts if they differ.
Token and community distribution
Checking the token state.
Allocation of acquired PAYOUT
The shares were committed before the token existed and revealed in the launch transaction. The owner receives the owner share of the initial supply. The community budget is the rest of the acquired PAYOUT: PONS holders in equal shares, traders, campaign deployers, and the remainder to recipients. Scored categories pay in proportion to activity in the scoring interval.
Community claims
Buyback funding by source
All buyback budgets are USDG. Each source shows USDG funded and USDG spent on PAYOUT that was burned.
How it works
Launch
A Pons campaign binds its creator fees to a public router and an immutable recipient identity. Before the PAYOUT token exists, the naming bond is 300 USDG.
Trade
Before finalization, actual Pons creator proceeds split 70% to a deployer USDG credit and 30% to the recipient. Every campaign trades against USDG.
Graduate
After Pons graduation, the campaign can finalize on-chain.
Fund
After finalization, each actual creator receipt splits 50% to recipient USDG funding, 10% to the deployer USDG credit, 20% to the protocol, and 20% to a deployer reward.
Before and after the PAYOUT token
Campaign finalization and PAYOUT token activation are separate. The router uses the token state at the time it receives each receipt. Amounts credited before activation stay USDG.
Before finalization, the recipient 30% is USDG tranche funding while the token is not active. After activation it buys a PAYOUT bonus for the tranche with 60-day vesting. Rounding: the three non-recipient legs round down, and recipient funding gets the remainder; a 7-unit finalized receipt gives 5 to the recipient, 1 to the deployer, and 1 to the treasury while the token is not active. The owner decides when to launch the token, and may never launch it. If no launch completes before the fallback time, the treasury USDG goes back to the campaigns that contributed it, for purchases and burns of their own tokens. These amounts are illustrations, not guarantees.