pons v2 · chain 4663
How a Velyn launch works
Velyn signs the contracts documented at docs.ponsfamily.com/v2. The protocol, not this website, holds the rules. This page is a map of the flow you are using.
Lifecycle
- Create. The factory mints the whole supply to a new curve. You choose the quote asset then, and it cannot be switched later.
- Trade. Buys pay the quote asset in. Sells return the quote asset. Fees come off the quote leg, never as a bill in the launch token.
- Opening tax. The first seconds of buys carry a decaying snipe tax. It starts high and is gone within about five seconds. Sells are not taxed by it. The launching wallet is exempt.
- Graduate. The curve keeps a fixed share for the pool. The buy that finishes the curve starts graduation. If that step stalls, anyone can call createGraduatedPool.
- Pool. Liquidity is locked in the launch locker. There is no withdraw function for it.
What you pay
A launch has a protocol trading fee and an optional creator tax set at creation, under the factory cap. The creator can later point fees at a new wallet and turn buybacks on or off. They cannot mint, freeze wallets, raise the tax, or touch locked liquidity. Buybacks, when on, vest over five years.
Contracts
- Factory0x7eD598BcEf8bd9Edd8C97A195C6d13f40801EC7e
- Meme hook0xE5e702641Ea86F4ae6cC3cDaeD2B886f976Be044
- Fee escrow0xd3AFEB2a57f70eF218Aa82451c51B2fb0416Ac9e
- Buyback vault0x42df2a798f82289E177311362e8f5ccC45c1219c
- Launch locker0x267444D099b10fB5Ed7c3Cc7B7c767AdcA574952
- Launch and buy0xe33E9E479dF8802cb0866d5d05258bEc4cF62948
- Launch deployer0x3711ceA4feaDE896C913C68F01Eda97Cb06D1A42
- Graduation executor0xC7819B64A1dAECD7eC19856d026cb14EfBd89046
- Graduation guard0xf5695117b99B6f6401e67d4195BD653628176C6C
Public launching can be closed. Velyn reads canLaunch on the factory and will not offer a signature when that call returns false. The full reference is the pons v2 documentation.