The classic (3,3) reserve design — staking, bonding, and a protocol-owned treasury — with the footnotes moved to the front page.
Stake $PONS, receive sPonstake, and watch it rebase upward every epoch — automatic, compounding, nothing to claim. Your token count goes up. Read that sentence again: that is the whole of what it does.
Start staking →Sell SOL or USDC to the protocol at a discount for vesting $PONS. Every bond becomes protocol-owned reserve — real backing, which is the one part of this design that was always honest.
Open a bond →If everyone stakes, everyone wins. If everyone leaves, whoever left first won. Both statements are true at once, and that tension is the protocol. Nobody ever fixed it. We just stopped pretending.
How it works →Rebase clock, bond marketplace and the staking calculator are one click away — connect any EVM wallet. The protocol is a simulation running on an off-chain ledger. It does not hold your funds, because it cannot: it never touches them.
Enter App →