Question 1

How much did the PONS trader actually make?

Accepted Answer

Arkham says @heylittlechef turned a $2,600 launch-day buy into a position now worth more than $1.2 million, a roughly 500x gain, having already cashed out $77,400 and still holding about $1.08 million in PONS.

Question 2

What is Pons and why does it matter to Robinhood Chain?

Accepted Answer

Pons is a token launchpad on Robinhood Chain that lets users create and trade fixed-supply tokens; it generated $90.93 million in fees over 30 days per DefiLlama and helped push the chain to a record $6 million in single-day fees on September 4.

Question 3

Does PONS burn its supply?

Accepted Answer

Yes. Roughly 80% of Pons' revenue goes to buying back and burning the token, and founder Ozzy said on September 8 that more than $208 million worth had been burned, cutting circulating supply to 699 million.

PONS

Trader turns $2.6K into $1.2M as bulls ride PONS explosion on Robinhood Chain

One sharp brief.
Every day.

PONS

Trader turns $2.6K into $1.2M as bulls ride PONS explosion on Robinhood Chain

One sharp brief.Every day.

One sharp brief.
Every day.