
A case for PONS
PONS routes ~80% of protocol revenue into open-market buyback and burn, and ~29% of supply is already gone. The mechanism is best-in-class; the business underneath it is still on test.


An independent research desk on the merge of crypto and traditional finance — stablecoins, tokenization, DeFi, regulation and prediction markets. We read the market from Brazil and LatAm, where the next rails are being built first.

PONS routes ~80% of protocol revenue into open-market buyback and burn, and ~29% of supply is already gone. The mechanism is best-in-class; the business underneath it is still on test.






















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