Limitations & risks
What you should know before launching or trading.
Tokens, the bonding curve, graduation and the post-graduation hook are Pons contracts. Hookly can't change Pons fees, the snipe tax or graduation rules.
Who receives holder rewards is decided off-chain and published as Merkle roots. You trust the root publisher, but roots can never pay out more than was deposited.
Fees only reach the vault split when someone calls harvest(). Until then they sit in Pons contracts.
The creator can move the Pons fee recipient away from the vault (exitTo). After that, new fees no longer flow to holders.
The trade panel estimates output from the last curve price. Real fills can differ, especially during the snipe window. Set slippage carefully.
Until the launcher is deployed, listings are public Pons tokens shown for preview only.
The Hookly contracts and this app are unaudited. Only use funds you can afford to lose.
New tokens are highly volatile and can go to zero. Nothing here is financial advice.