Since this post, $PONS has gone up roughly ~4x and @ponsdotfamily clarified that 80% of protocol revenue is being used for buybacks, so it’s worthwhile to crunch these numbers again. In 6 days of operation, Pons accrued $324K of revenue ($15.8M annualized). At an 80% split and $12.4M FDV, this equa

Since this post, $PONS has gone up roughly ~4x and @ponsdotfamily clarified that 80% of protocol revenue is being used for buybacks, so it’s worthwhile to crunch these numbers again. In 6 days of operation, Pons accrued $324K of revenue ($15.8M annualized). At an 80% split and $12.4M FDV, this equa

$PONS fair value market cap is at minimum 10x what it is now this is crazy data, @ponsdotfamily already at 100m annualized fees and 16m annualized revenue so much fucking higher.