Regarding the $2.3M pending buyback funds mentioned in multiple posts from the English region about pons, this figure is incorrect. The actual amount of pending buyback funds is not that high.

Their counting methodology for pons pending buyback funds is: the remaining amount in the buyback distributor + the amount in escrow that has not yet been claimed. According to pons’ official website data, this figure has now risen to approximately $2.6 million, of which $420k remains in the buyback distributor and $2.17M in escrow has not been claimed.

However, the $2.17M in escrow includes two parts: (1) creator funds that have not yet been withdrawn and (2) the 20% portion that the pons protocol has retained and not yet allocated. Therefore, only after subtracting the creator portion and the protocol-retained 20% portion do you get the funds that are actually available for buyback.

The amount of pending buyback funds reported by the data website pons terminal is 528.6 ETH, about $1.47M. This figure is relatively accurate. That means the unclaimed funds in escrow amount to only $1.47M − $0.42M = $1.05M available for buybacks.

But one thing is beyond doubt: the buyback funds at $PONS are continuously accumulating, waiting for the team’s multisignature claims to be completed before being transferred into the buyback distributor.

#pons $PONS