Priced in LULU
Most memecoins are priced in ETH. This one is priced in tokenized Lululemon stock. Every buy pays LULU into the curve. There are 4,105 tokenized LULU shares in the world, and 82% of them are already sitting in liquidity pools.
01 Breathe
The memecoin priced in Lululemon.
It pays you in Lululemon.
Values from Sept 3 until the chain answers.
02 Three poses
Most memecoins are priced in ETH. This one is priced in tokenized Lululemon stock. Every buy pays LULU into the curve. There are 4,105 tokenized LULU shares in the world, and 82% of them are already sitting in liquidity pools.
Trades generate a creator fee, and on Pons a creator is paid in whatever the launch is priced in. ALIGN routes that fee to holders, pro-rata, through the Pons fee distributor. You hold a meme, and fractions of a real stock accrue to you, claimable from your Pons profile.
How it pays →Lululemon reports second-quarter earnings after the close on September 3.Lululemon reported second-quarter earnings on September 3, the night this coin was built for. The stock is down 42% this year, 49% off its high, guidance already cut once, short interest rising. Every trader with a Robinhood app is watching one ticker tonight. So are we.Every earnings night, every trader with a Robinhood app watches one ticker. We build for that night. The next one is on the board.
03 The whole idea, in one breath
The most hated stock in America has 4,105 tokenized shares. 82% are locked. Tonight it reports.It reports four times a year.
Every number in that sentence is on chain. The float is the total supply of the LULU token contract. The lock is what sits in the Uniswap v4 PoolManager and the LULU/USDG pool. The dates are on Lululemon's investor page. We did not invent a story. We read one.
04 How it ends
Honesty is the brand, so here is the part other coins leave out. A tokenized stock has one authorized participant who can mint more. On a weekend it cannot, and that is when a small float does strange things: when BONER swallowed half of tokenized HIMS, the token printed $132 on a Saturday against a $28 stock. Monday morning the participant minted 4,000 shares and the premium was gone within hours.
So the premium is a phenomenon, not a thesis. What survives Monday is simpler: the fee share keeps paying in LULU as long as people trade, the float is still tiny, and the calendar keeps handing us the next print. Treat this as you would any other memecoin. It can go to zero. Buy the size you can lose.