The recent PONS controversy has finally clarified the core issue: it was not that there were no buybacks, but that there had previously been questions about the timing of buyback fund withdrawals and execution.
On October 3 $PONS
founder Ozzy responded to community concerns, stating that under the new mechanism, funds will be withdrawn once every 7 days, followed by continuous buybacks and burns over the next 7 days. The entire process has been automated, and anyone can trigger the bot and receive a small reward.
The current buyback rate is 2e per hour, corresponding to approximately $950,000 in Splitter funds. The buyback funds will be divided between the current Active Buyback Vault and the reserve for the next cycle.
What is truly worth watching this time is not “how much is burned per hour,” but whether buybacks can continue consistently, transparently, and with on-chain verification.
The logic is simple: protocol revenue → funds enter the buyback pool → automatic buybacks → PONS is burned → circulating supply decreases.
However, buybacks and burns only reduce supply; they do not automatically create demand. PONS’s official documentation also clearly warns that burning does not necessarily mean the price will rise.
Therefore, the three key metrics to watch next are: whether funds continue entering on a 7-day cycle, whether the actual buyback and burn amounts increase, and whether protocol trading volume and revenue can rise in tandem.
If buybacks continue but revenue and user growth fail to keep pace, burns can only provide short-term sentiment support. If revenue growth can sustainably support buybacks, then a genuine supply-contraction dynamic may emerge.
What PONS has resolved this time is “how to conduct buybacks.” The next thing the market must verify is “whether there is sustained revenue to support them.”#NvidiaHitsRecordHighUp2.4% #CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECApproves3xLongCryptoCommodityETPs
On October 3 $PONS
founder Ozzy responded to community concerns, stating that under the new mechanism, funds will be withdrawn once every 7 days, followed by continuous buybacks and burns over the next 7 days. The entire process has been automated, and anyone can trigger the bot and receive a small reward.
The current buyback rate is 2e per hour, corresponding to approximately $950,000 in Splitter funds. The buyback funds will be divided between the current Active Buyback Vault and the reserve for the next cycle.
What is truly worth watching this time is not “how much is burned per hour,” but whether buybacks can continue consistently, transparently, and with on-chain verification.
The logic is simple: protocol revenue → funds enter the buyback pool → automatic buybacks → PONS is burned → circulating supply decreases.
However, buybacks and burns only reduce supply; they do not automatically create demand. PONS’s official documentation also clearly warns that burning does not necessarily mean the price will rise.
Therefore, the three key metrics to watch next are: whether funds continue entering on a 7-day cycle, whether the actual buyback and burn amounts increase, and whether protocol trading volume and revenue can rise in tandem.
If buybacks continue but revenue and user growth fail to keep pace, burns can only provide short-term sentiment support. If revenue growth can sustainably support buybacks, then a genuine supply-contraction dynamic may emerge.
What PONS has resolved this time is “how to conduct buybacks.” The next thing the market must verify is “whether there is sustained revenue to support them.”#NvidiaHitsRecordHighUp2.4% #CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECApproves3xLongCryptoCommodityETPs