Staking
Paid by the hour.
Not by the tier.
Stake $PONZI and it distributes SOL to you every hour, funded entirely by the fees people pay to trade it. Your position in the queue is still recorded. It no longer decides what you are paid.
Pre-launch. Nothing has been distributed, nothing can be staked, and every figure on this page is zero.
§ 01 — The mechanism
Every trade pays a fee.
Every hour it leaves.
- 01
The fee is collected
Every buy and every sell in $PONZI pays a fee into the pool. You pay it too. There is no version of this where you are only on the receiving end.
- 02
It is collected in SOL
The pool takes its fee on one side only, so the distribution never has to sell $PONZI to fund itself. A distribution that sells the thing it distributes is just a slower pyramid.
- 03
It is distributed hourly
Once an hour the whole of it goes to everyone staked, in proportion to what they staked and to nothing else. Then it happens again.
- Distribution
- Hourly
- Paid in
- SOL
- Funded by
- Trading fees
- Funded by the person below you
- Nothing
- Stake vault
- Publishes at launch
§ 02 — What changed
The shape is gone.
A ponzi is a shape before it is anything else: each tier paid by the tier beneath it, and the last tier paid by nobody. That shape is what the name refers to. It is also the part that has been removed.
Tier nine is the largest tier. It is always the largest tier. That is the only arithmetic here and it is, unfortunately, correct.
Every tier funded from the same place, which is not this diagram. Your tier is still issued. It is now decoration.
This is the awkward part, so it gets its own sentence: the name is now inaccurate. We kept it because it is the honest description of what everybody expects on arrival, and because changing it would have been the first dishonest thing here.
§ 03 — The record
Every distribution,
in order.
One row an hour, for as long as this runs. Each row carries the fee collection that funded it and the distribution that spent it, both as signatures you can open. “Paid out of trading fees” is therefore something you can check rather than something we say.
No distributions yet. The register opens with the pool. The first row appears one hour after trading begins, and is not edited afterwards, including when it is a zero.
- Rows to date
- 0
- SOL distributed
- 0.000
- Hours recorded as zero
- 0
- Rows amended after publication
- 0
The last figure is the one worth watching. It is zero now and the intention is that it stays zero. An amended row is an amended story.
§ 04 — Key information
The parts that
can go wrong.
What happens when nobody trades?
Nothing arrives. No trading means no fee, no fee means no distribution, and the hour is recorded as a zero like any other. It is not a failure state, it is a quiet Tuesday. Nothing tops it up. There is no reserve behind this and no intention to build one.
What rate will I earn?
There isn’t one, and you should be suspicious of anyone who quotes you a number. A rate would be a forecast of other people’s trading, which we cannot make. The only figure published here is what has already been paid.
Where are my tokens while staked?
In a contract, which is the honest answer and the uncomfortable one. Contracts get exploited. If that happens the tokens are gone and there is no recourse, no compensation scheme and no authority to complain to. There is a Telegram.
Is a distribution the same as yield?
No. It is not interest, not yield, not a dividend and not a promise of return. It is a share of a fee that may not be collected, paid out of an activity nobody is obliged to continue.
Requires Phantom or Solflare and a tolerance for consequences.