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$RBLXThe curve
Every MIX500 memestock starts on a Pons bonding curve on Robinhood Chain. MIX500 lists the names. The curve, graduation, and trading stay on Pons. We do not run a separate exchange.
Key facts
- Buys on the curve raise ETH toward graduation.
- At the threshold, the curve closes and liquidity moves to a pool.
- Every five minutes, 75% of that coin’s fees buy it back and airdrop. 25% buys $MIX500.
While it is bonding
People buy and sell against the curve. Price moves with demand. Creator rewards accrue as trades happen. 75% buys that coin and airdrops it. 25% buys $MIX500.
After it graduates
When enough ETH is raised, the coin leaves the curve and trades as a locked pool. The ticker stays on the MIX500 tape. $MIX500 is the index next to those names.
Where to read more
For the protocol itself, see the Pons V2 docs. For the chain, use explorer robinhoodchain.blockscout.com.