How it works
fees go in. the machine only bids.
Every coin launched here wires its creator fees into a strategy account whose rules are written on-chain before anyone trades. Part of each fee buys the coin back, part posts margin behind perp positions, part waits in reserve. When the positions win, the profit comes home and buys more. This page follows one fee the whole way around.
- locked at launchThe fee split, markets, leverage and profit rules are immutable once the coin is live. Holders can read the mandate before they buy.
- one fee, three jobsBuyback, margin, reserve — you choose the split. Every claimed fee is accounted into those buckets by the contract, not by us.
- profits come homeRealized trading gains are earmarked for one thing: buying your coin back. The machine never sells it.
the loop
One fee, followed station by station. Ribbon thickness is that stream's share of the fee — switch preset and watch it rebalance.
Ribbon thickness is the share of each fee. Switch preset to rebalance it, or select a station to read what happens there.
Start with a coin
Select any stationThe Pons launch points creator fees at the coin's strategy account. The account is a contract with immutable allocation and risk terms, so anyone can inspect the mandate before buying.
The engine batches: it waits for 0.01 ETH of claimable fees, leaves 10 minutes between claims, and needs 0.05 ETH before a deposit is worth making. A quiet coin can sit a while before its first buyback — the amounts are accumulating, not lost.
the honest part
Leverage cuts both ways. This is how far price has to move against a position before it is liquidated — and how far the reserve pushes that out.
20% reserve behind 75% margin — a 27% buffer.
| Leverage | Move to liquidation | With reserve ladder | |
|---|---|---|---|
| 2× | 50.0% | 63.3% | |
| 5× | 20.0% | 25.3% | |
| 10× | 10.0% | 12.7% | |
| 20× | 5.0% | 6.3% | |
| 25× | 4.0% | 5.1% |
Simplified: this shows the adverse price move needed to liquidate a position before and after the reserve ladder deploys. It excludes fees, funding and the added size each step carries. OnlyBids does not currently place reserve-defense or stop-loss orders automatically. Until the executor is complete, creators must manage those actions themselves, and everything deployed can be lost.
the meter
The machine batches. Small balances wait until moving them is worth more than the gas it takes — a quiet coin accumulates before its first action.
- Claimable fees before a claim firesClaiming dust costs more gas than the dust is worth.
- 0.01 ETH
- Minimum gap between claimsFees keep accruing in escrow in the meantime. Nothing is lost.
- 10 min
- Margin worth depositing to the venueDerived from the selected legs, so each order can clear the venue minimum.
- from 0.05 ETH
- Smallest order the venue acceptsBelow this, an order is rejected — so margin batches until it clears.
- $10.00
- Profit held before it comes homeRealized gains accumulate until a buyback is worth executing.
- 25 USDC
Deployed capital also pays the market's own costs, which no strategy avoids: venue trading fees, funding on every open position, Robinhood Chain gas and swap slippage on each buyback. Funding is the one to watch — it is charged continuously on an open position and can erode collateral even when price has not moved against you.
These are operating thresholds, not guaranteed automation. Automated order placement, reserve defense and scheduled buyback slicing remain disabled until the executor is complete; until then, venue actions are creator-signed.
straight answers
The questions people actually ask, answered without the brochure voice.
No. Fee allocation and risk terms are enforced on-chain, but claims, Lighter deposits, orders, withdrawals and buybacks currently require creator signatures. Automation remains disabled until venue signing and fill reconciliation are production-ready.
ready?
Launch a coin and lock its mandate in under a minute. The machine does the bidding.