PONS has been the revenue story and blue-chip token on Robinhood Chain so far. LONG has AI, BONER, and the most successful runners. PONS peaked at a $691M market cap on Sep 5. However, LONG may be better positioned long term. Launchpads need alignment with runners and feed off their success stories. We have seen this play out with Virtuals, Pump, and Clanker.
PONS
PONS is Pump.fun on Robinhood. Tokens graduate a bonding curve into a permanently locked Uniswap pool. 1% fee swaps (optional creator tax up to 10%), split 70/30 creator-protocol. 80% of the protocol’s share buys PONS on the open market and burns it. ~29% of the original 1B supply has been burned. $4.89M in fees on Aug 31, $40.8M in fees over the 30 days to Sep 3, $7.9M of which was protocol revenue. Uniswap Labs bought PONS on Sep 3 for
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