DOCS
How PonSea works
A drop is a promise with an escape hatch: back a 1/1 with ETH, and either the token launches with everything locked in one transaction — or everyone gets their money back. The NFT is the cultural anchor; the token is the liquid, tradeable layer.
PHASE 1
Commit window
→Creator posts the drop: artwork, target raise (e.g. 5 ETH) and a deadline — 48h, 72h, creator's choice.
→Backers commit ETH into an escrow contract. Nothing is spent — the UI shows live progress: 3.2 / 5.0 ETH · 412 backers · 14h left.
→Anyone can withdraw before the deadline. That keeps it honest — momentum has to be real.
→Deadline passes below target → escrow unlocks, everyone is refunded in full. The NFT never mints.
PHASE 2
Threshold hit → launch
The target is reached before the clock runs out. One transaction executes the whole launch — no admin keys, no manual steps:
01The NFT mints as a 1/1, held by the vault contract — the genesis artifact.
02The raised ETH launches the token on Pons, paired against the drop.
03LP is locked using Pons' native mechanism — no rug lever exists.
04Supply distributes pro-rata to committers based on contribution; the creator gets a fixed slice plus a perpetual royalty on every coup.
05The largest backer is crowned first Patron: they earn the token's trading fees — until someone usurps them.
TOKEN SPLIT AT LAUNCH · 1B SUPPLY
Backers · pro-rata 75%Liquidity · locked 15%Creator 10% + fee share
ON-CHAIN
Deployed contracts
Everything runs on Robinhood Chain (chain id 4663), settling into the live Pons V2 contracts. Every address is public and verifiable:
PonSeaFactory
deploys drops, wires the vault + 1/1 collection
CrownVault
holds every 1/1 forever, runs the Patron Crown
DropNFT
the 1/1 collection, mints only at settlement
PonsAdapter
settles raises through Pons' Launch & Buy
PonsSwapBurner
market-buys and burns the coup slice
Glasshouse 01 escrow
$GLASS drop, 4.2 ETH target
Low Pressure escrow
$LOWP drop, 4.2 ETH target
Vapor Index escrow
$VAPR drop, 4.2 ETH target
FAQ
Fair questions
What if the target isn't hit?
Everyone withdraws in full. The NFT never mints, nothing launches, nobody loses a wei. A failed drop costs only time.
Can the creator rug?
No. The raised ETH goes straight into locked LP inside the launch transaction — the creator never holds it. Their upside is the fixed supply slice and trading fees.
Why does the NFT sit in a vault?
The 1/1 never leaves the vault — the crown is a pointer, not custody. That means it can't be listed away, locked elsewhere, or lost. The game can't be exited, only played.
How does the Patron Crown work?
Whoever wears the crown earns the token's trading fees, streamed second-by-second. Anyone can usurp them at the current crown price — the sitting patron is paid out at a premium, ~4.5% of the price market-buys and burns the token, and ~4.5% goes to the creator forever. A fresh steal reprices the crown at 1.2×, then the price decays toward 0.6× over 30 days until someone strikes.
What are the rings on the artwork?
Every reign paints a ring around the artifact — thickness is reign length, color derives from the patron's address, dashed rings mark generous reigns that burned their fees. The artwork is the chronicle of its own coups: age becomes provenance.
Ready to back something?
See live drops →PONSEA.IO — COMMIT → LAUNCH FOR 1/1 DROPS