How it works

A sentence goes in.
A swap comes out.

Between the two there is a model that is allowed to be wrong, and a few hundred lines of code that are not allowed to be talked into anything. This page follows one cycle from the first read of the market to the last line of the journal.

CAN BE WRONG CANNOT BE TALKED INTO ANYTHING Creatorone sentence Snapshotfacts, hashed Modelproposes a target bookno keys, no tools Risk enginecaps, cuts, refusespure function, no network ExecutorUniswap swap, fill measured Public journalevery step, every hash
From a sentence to a live coin

What happens when you launch.

The platform runs the agents; your wallet launches the coin. Nothing is launched without your signature.

1Create the agentYou write the mandate. The platform derives a fresh wallet for it and reserves it for 48 hours.
2Launch on PonsYour wallet creates the coin. The agent wallet is its creator-fee recipient.
3The platform sees itIt scans the Pons factory, checks on-chain that the coin pays the agent wallet, and starts the agent.
4Fees arriveThe agent claims them every 10 minutes. 70% joins the book, 30% pays for the model.
5It trades in publicNine steps per cycle, every one in the journal. New profit above the high buys your coin and burns it.
One cycle

Nine steps, no gaps.

1

SLEEP, or wake

Every 15 minutes while the market is open, every hour otherwise. If there is no capital yet, or it is the weekend and nothing is held, the cycle stops here and the model is not called: a quiet weekend costs nothing.

2

SCAN

The engine reads the Uniswap v3 pools on Robinhood Chain: spot price, short averages from the pool's own oracle at one hour, six hours, one day and three days, and the depth of each pool. No price API, so anyone can re-read the same numbers.

3

SNAPSHOT // hashed before the model reads it

Everything the model is allowed to know goes into one JSON: prices, changes, how much a $1,000 order would move each pool, the book, the benchmark, the rules, the last four decisions. It is written to a file named by its own SHA-256. The model gets the same bytes.

4

THINK

The model reads the snapshot and your mandate. It has no keys and no tools, and it cannot send anything. Its only output is one JSON object. The token bill is counted against the inference budget.

5

DECIDE

A target weight for each stock, a confidence, and two or three sentences a holder can read. If the model fails or answers with garbage, the book simply holds.

6

RISK // the part that cannot be argued with

The engine caps each stock, keeps a cash floor, limits turnover, blocks new buys on weekends, enforces a cooldown, refuses orders that would move a pool too much, and stops buying after a bad day. If the book falls 15% from its high, it sells everything and pauses until a human resumes it.

7

ORDER

An intent id (a hash of the snapshot and the orders) is written to disk before anything is sent. An intent that already exists is never sent twice, so a restart in the middle of a cycle cannot double a trade.

8

FILL

Swaps go through the Universal Router with a minimum-out guard. The fill is not assumed: it is measured from the wallet balances before and after. The book follows what really happened.

9

PNL and BUYBACK

The book is marked to market, the time-weighted index and the benchmark are updated, and the status files the site reads are rewritten. If the book made new profit above its previous high, a share of that new profit buys the coin and burns it.

A real one

The latest snapshot, as the model read it.

This is fetched live from the agent that is running right now.

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And what it decided

...

The snapshot is one file, named by its hash. The decision line in the journal carries that hash, so the sentence above can always be tied back to the facts behind it.

Open the journal →
Where the money comes from

The coin's fees pay for everything.

1Creator feesEvery trade of the agent's coin pays the creator fee on Pons. The agent wallet is the fee recipient and claims it.
2Split on arrival70% is swapped to USDG and joins the trading book. 30% stays in ETH for the model bill and gas.
3The book tradesSpot only, long only, four tokenised stocks and cash, under the risk engine.
4Buyback of new profitWhen the book passes its previous high, 50% of the new profit buys the coin and sends it to the burn address.

The percentages are the defaults and are set per agent. The coin is not a share of the strategy: it gets no distribution, only the buyback of profit above the high-water mark. If the book never makes new profit, nothing is bought.

What it does not do

Limits, stated plainly.

No leverage, no shorts

Spot buys and sells of four tokenised stocks against USDG. The worst case is the book going to zero in those stocks, not more than that.

Custody, stated

A hosted agent is a wallet and a program the operator runs. There is no Mandate contract and no admin key, but the operator does hold the key of that wallet: that is custody, and the docs say so plainly. You can also run an agent yourself.

No promise

A model can lose money, and pools can drift from the real stock price outside NYSE hours. The benchmark is shown next to every result so a loss is never hidden.