Token 0xb3a1e…ea5b9

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We just talked about how $SOCK could potentially become the $PONS of BSC, so now let’s look at the similarities and differences between the two. Both are token launchpads + platform tokens that use platform fees for buybacks. The base trading fee for both is 1%, with the same split: 70% to creators and 30% to the protocol. That 30% protocol share is mainly used to buy and burn the platform token, creating the flywheel: More Trading → More Buybacks → More Deflation Both also have locked liquidity, and both are moving toward the direction of new tokens × tokenized stock RWA. The differences For SOCK, the 30% protocol fee received by Sock Market is fully used to buy SOCK. After buying SOCK, 75% is directly burned and 25% is airdropped to SOCK holders. If the protocol receives a token launched by someone else as fees, it will first burn half of that token, then use the remaining half to buy SOCK. For PONS, 80% of the 30% protocol share is used to buy back and burn PONS, while the remaining 20% is kept for infrastructure and the team. The buyback portion is basically burned directly, without the additional layer of airdrops to token holders. On the product side SOCK is on BNB Chain, and one token can be traded against 2–10 stocks simultaneously. PONS is on RH Chain, and is closer to a traditional launchpad, with liquidity eventually moving to Uniswap V4, while also supporting pairings with stock tokens such as NVDA and AAPL. Simply put: The proportion of protocol revenue actually flowing into platform-token buybacks is higher for SOCK, while PONS’s proportion is slightly lower, but PONS is currently much larger in scale. But I think in the long run, the real question is not simply whether the money is immediately returned to the token. It comes down to whether the platform can survive and continue capturing trading volume. SOCK is more holder-friendly. The entire 30% protocol share goes into buybacks, which is then split into 75% burn + 25% airdrop. This allows holders to benefit from both deflation and cash flow. When trading activity comes in, the value flows back to holders in a cleaner way. The downside is that the team keeps almost no operating budget from trading fees. Later on, things like audits, product development, and competing for market share will require additional funding, either from earlier token allocations or other sources of revenue. And sinc…

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Original postSep 07, 01:27 PM

solana:xnHXrDS8PVeoPc2bZjrL66YvJF35UQqV4GqFhT1pump 11m dyor 0xb3a1e1f7ae6c90c707ec3c75e99c359482fea5b9 okx wallet: Put tokenized stocks on BSC into composable baskets, so Memes are no longer only traded against BNB, but can trade 24/7 directly against stocks. Mechanism: Anyone can create a fixed-weight basket of 2–10 bStocks. The shares are recorded in the contract, can be deposited proportionally in a single transaction, and the entire basket can be redeemed at any time. V1 does not automatically rebalance, so the weights will drift with stock prices. The Drawer itself does not depend on SOCK. When launching a token, you can open a pool against a single stock, any BNB token, or an entire Drawer. From the very first block, it is a real CL pool, not a bonding curve. The default launch liquidity is around 5K, and once the value of the stocks in the pool reaches around 10K, it migrates to PancakeSwap v3. The LP is permanently locked by an immutable contract. Each trade has a 1% base fee: 70% goes to the launcher 30% goes to the protocol The launcher can also add an additional 0–10% tax, but only during the bonding stage. Buyers pay with the stock, while sellers pay with the launch token. Stocks can be traded 24/7. The platform token is called SOCK. Its main use right now is value capture: protocol fees are used to buy back and burn SOCK. Later, SOCK is planned to be used for Drawer creation fees, as well as being locked behind preferred Drawers through “Sock It” signals. Flywheel: Protocol fees flow into a non-withdrawable revenue contract → converted into SOCK: 75% is burned, 25% is airdropped to SOCK holders based on their holdings. If the revenue consists of other launched tokens, half of that token is burned first before the remainder is sold. More launches → More trading → More fees → More buying + SOCK burns + holder airdrops → SOCK becomes scarcer and the narrative gets stronger → Attracts more people to launch and trade. So far, 163K sock has been burned, and $7.2K has been distributed to holders.

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Sep 07, 01:27 PM

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