01 How it pays
Paid in LULU.
Not in ALIGN. Not in ETH. In fractions of tokenized Lululemon stock, claimable from your Pons profile.
02 The path
- 1
Someone trades
Every ALIGN trade on Pons pays a fee in the asset the launch is priced in. This launch is priced in LULU, so the fee is LULU.
- 2
The creator fee routes to holders
Pons offers holder fee sharing at launch: creator fees, including the creator tax, are routed to holders, split pro-rata by balance, instead of to a creator wallet. ALIGN launches with it on.
- 3
You claim it on Pons
Your share accrues in the Pons fee distributor and you claim it from your profile menu on ponsfamily.com, whenever you like. No snapshot to catch, no separate site. Hold ALIGN, and LULU accrues to you.
"A creator is paid in whatever their launch is priced in. A launch priced in ETH pays its creator ETH. A launch paired against a stablecoin pays that stablecoin. Nothing is converted to ETH along the way."Pons v2 documentation, fees
03 What it is not
It is not a dividend. Lululemon does not know we exist and pays us nothing. The LULU you receive comes from other traders' fees, routed by a launchpad contract. Call it what it is: a fee share paid in the quote asset.
It is not equity in anything. A tokenized LULU share is a token issued by a third party that tracks the stock. Holding ALIGN gives you no vote, no claim on Lululemon, and no promise of any return. Fees only flow while people trade. When they stop, so does the LULU.
04 The numbers we will publish
At launch the site will show the creator tax rate, the address of the fee distributor, and a running total of LULU routed to holders, all read from chain. Until then the plan is a 2% creator tax with 100% of creator fees to holders, and that is a plan, not a fact. Facts go on this page when they are on chain.