Sounding the depths…
Sounding the depths…
Docs
One pool. One locked position. Every trade pays into it, and nothing is ever taken back out. That’s the whole protocol — the rest of this page is just how.
POND is an auto-LP protocol on Robinhood Chain. A single Uniswap v3 position holds the token’s liquidity, and the NFT that owns that position is held by a locker contract — so the liquidity underneath it cannot be withdrawn. Not by a keeper, not by a deployer, not by us.
Every swap against the pool pays a fee. In an ordinary pool those fees are collected by whoever owns the liquidity and taken away. Here most of each fee is collected and put straight back in — a disclosed 35% funds the treasury, the rest compounds (see Where the fees go). What returns to the pool never leaves it: the pool has an inflow and no outflow, so its depth is a one-way ratchet.
One feeding is four steps. It can happen as often as there are fees worth collecting.
Every swap pays a pool fee into the position, in both ETH and the token. It sits there, claimable, growing with each trade.
A keeper calls collect on the position, taking the accrued fees out of Uniswap and into the open. A disclosed 35% of every trade is set aside for the treasury here; the rest carries on into the pond.
A v3 position only accepts liquidity at the ratio its price implies. The claimed fees are balanced into the ETH/token split the position will actually take.
increaseLiquidity pushes the balanced fees into the same locked position. The pond is now deeper than it was, and that depth is as unwithdrawable as everything already in it.
Then it happens again. Apart from the disclosed treasury fee in step two, nothing leaves the pond — and once liquidity is re-added it’s under the same lock as the rest, with no way back out.
Three parties split every trading fee, and all three numbers are on-chain for anyone to check. We won’t claim “100% of fees go back”, because it isn’t true.
PONS takes 30% as the launchpad that deployed the token and holds the lock — a rate PONS sets and that we read live from the locker rather than pin here. Of the 70% POND then collects, it keeps a disclosed 35% of every trade for the treasury — funding development and operations — and compounds the remaining 35% straight back into the locked pool.
30%
PONS
Launchpad fee. Fixed at lock time.
35%
POND treasury
Of every trade. Funds development.
35%
Back to the pond
Re-added as locked liquidity.
Two properties do the work, and both are contract reads rather than promises — you can check them yourself with the addresses below.
increaseLiquidity isn’t gated. The keeper is a convenience, not a gatekeeper: if it stopped running tomorrow, anyone could claim the fees and put them back, and the pond would keep deepening without us.
The position NFT is held by . Withdrawing liquidity requires owning that NFT. Nobody does — which is what makes “forever” a fact about the chain rather than a slogan.
Put together: fees can always go in, and liquidity can never come out. Depth is monotonic. That is the entire thesis, and it is why the site measures the pond in metres.
Everything on this site resolves from the token address — these are read live, not typed in. Go and check them.
Token
PoolUniswap v3
Position managerUNI-V3-POS
LockerHolds the LP NFT
slot0, positions and collect. The token was launched through PONS.