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Pons is very hot today, I just took a closer look. The market value of PONS has reached around 15 million US dollars, with main pool liquidity approaching 1 million US dollars and 24-hour trading volume exceeding 15 million US dollars. Looking at the market alone, it has become one of the strongest attention centers for Robinhood Chain now. But it should be clear here: PONS is the platform's own currency, not a third-party Meme that ran out on Pons. This is very important. Although Flap has the highest number of coins issued, it has not yet achieved a truly high market value Meme, indicating that "issuing more" does not necessarily mean that "the platform has the ability to create wealth and distribute". The most interesting aspect of Pons currently compared to Flap is that it has formed a relatively complete loop: The project is issuing coins in Pons → Directly establish V3 flow pool LP Lock into Contract 90% of the transaction fee will be paid to the project creator → 10% to the platform → Platform repurchases and destroys PONS with transaction fees Repurchase and destruction are not slogans, they can indeed be found on the chain. The platform has already spent approximately 20.7 ETH to repurchase PONS, and the total amount destroyed is close to 18% of the supply. But it's not too early to draw a conclusion. Because currently most of the repurchase funds still come from PONS's own transaction fees, rather than the income brought to the platform by third-party projects. In other words, the main focus now is still on: The hotter PONS trading becomes The more transaction fees there are → Repurchase PONS Continue to strengthen PONS narrative The truly mature flywheel should be one where the platform continuously generates external projects, external projects continue to trade, and in turn, generate revenue for PONS. At present, the real external dragon on Pons is BRODIE, with a market value of approximately $1.3 million; In addition, there are several projects worth 300000 to 900000 US dollars, but no independent Meme has yet surpassed 10 million US dollars. So my current assessment of Pons is: It is already the most noteworthy new launch platform on Robinhood Chain after NOXA's exit, and it is clearly more imaginative than platforms with only coin issuance and no high market value projects. But PONS reaching $15 million can only prove that the platform has successfully cold started itself. The next real verification is whether Pons can run an independent Meme that can be stable for several days at a price of over 5-10 million US dollars. If possible, Pons would truly capture the market left by NOXA. If you bet, you can bet that BRODIE can run out.