1Fund
Backers send ETH until the goal is reached. Anything over the goal is refunded in the same transaction. The window is fixed at creation.
- goal
- 0.25 ETH or more
- window
- 1 hour to 7 days
- over the goal
- refunded at once
Set a goal in ETH and a window. Backers put ETH in. At the goal the coin goes live on Pons: half of the raise buys the first coins for the backers, the other half becomes a chest that buys and burns whenever the curve drops below where it opened. Miss the goal and everyone takes their ETH back.
Free to create. The Pons launch fee is paid out of the raise when it launches
Backers send ETH until the goal is reached. Anything over the goal is refunded in the same transaction. The window is fixed at creation.
Once funded, anyone can launch. The pledge pays the Pons fee, launches the coin with itself as fee recipient and buys the first coins with half of the raise. Backers claim pro rata.
The other half stays in the pledge as a chest, refilled by 90% of the creator fees Pons pays. When the curve's reserve is below its opening level, anyone can make the chest buy and burn.
Pick a launched pledge. The gauge reads the Pons curve directly: where the reserve opened, where it is now, and how many defends the chest can still afford.
Two contracts, no owner over the money. The factory can only rotate the burner address with a 48 hour notice. A pledge has no function that moves the raise or the chest anywhere except the launch, the refund and the burn.