# Pons V1 Revenue Methodology

## 1. Overview

Revenue is measured as the portion of fees retained by the Pons V1 protocol from token launches and swap activities. This metric is utilized to reflect the primary earnings generated by the protocol before operating expenses and token incentives are deducted. Revenue is accumulated from flat launch fees paid during token creation and a designated protocol share of swap fees generated on Uniswap V3 pools associated with Pons V1 launches. These earnings are normalized by decimal precision and converted to USD using end-of-day price feeds.

## 2. Data sources

- **Blockchain events**: `TokenLaunched` events from `TokenFactory` and `LegacyTokenFactory` contracts, and `Swap` and `SetFeeProtocol` events from Uniswap V3 `Pool` contracts, covering Robinhood Chain
- **External data**: End-of-day price feeds for native and quote assets, and asset metadata for decimal precision

## 3. Step-by-step calculation

### Component A: Pons V1 launch fee extraction

- **Purpose**: Flat fees paid to the protocol during token creation are captured.
- **Logic**: `TokenLaunched` events are parsed from `TokenFactory` and `LegacyTokenFactory` contracts on Robinhood Chain. For each launch event, a flat protocol fee of 0.0005 native assets is recorded as protocol revenue.
- **Key fields**: `block_timestamp` (timing), `token` (launched asset address), `pairToken` (quote asset address)

### Component B: Pons V1 swap fee extraction

- **Purpose**: The protocol's share of swap fees from Uniswap V3 pools is calculated.
- **Logic**: Uniswap V3 `Swap` events are parsed for pools registered via Pons V1 launch contracts. The swap fee is set at a constant rate of 1%. The total fee amount is calculated based on the swap direction: if the quote asset is paid into the pool, the fee is calculated as 1% of the swap amount; if the quote asset is withdrawn, the fee is adjusted to account for the swap fee deduction. The protocol's share of this fee is determined by multiplying the total fee amount by the remaining share after Uniswap's protocol fee split (derived from `SetFeeProtocol` events from Uniswap V3 `Pool` contracts) and applying the factory's protocol fee share (30% for `TokenFactory` launches and 10% for `LegacyTokenFactory` launches).
- **Key fields**: `block_timestamp` (timing), `amount0` and `amount1` (swap amounts), `revenue_split` (Uniswap protocol fee split), `protocol_share` (Pons V1 factory fee share)

### Component C: Normalization and USD conversion

- **Purpose**: Revenue values are standardized to USD.
- **Logic**: Protocol revenue amounts from launch fees and swap fees are aggregated daily by asset. These raw amounts are normalized by decimal precision using asset metadata. The normalized daily revenue values are then multiplied by end-of-day asset prices to calculate the final revenue in USD.
- **Key fields**: `timestamp` (daily UTC boundaries), `protocol_amount` (raw revenue), `decimals` (asset precision), `price_usd` (asset price)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

fees * take_rate (illustrative — revenue is observed directly per project, not derived from take_rate)

Fee revenue retained after supply-side payouts. Before cost of revenue (e.g. L2 DA fees) and before operating expenses.

Revenue

Exchanges (DEX)

Pons charges a 0.0005 ETH launch fee and a fee on every trade. Trade fees are shared between the protocol, the token creator and optional meme token buybacks.

Pons is a token launchpad on Robinhood Chain. Version 2 launches sell tokens on a bonding curve and graduate them into locked Uniswap v4 pools, while version 1 launches trade directly in Uniswap v3 pools.