How to read this: the launchpad page shows what was claimed; these flows show what happened next — every unit either burned 🔥, stayed locked for the community 🟢, or went to the team 🟡. The block below each chart is the part no dashboard shows: whether the team kept its cut or cashed it out, traced wallet by wallet.
80/20 to holders on both legsaudited Oct 1, 2026 · 5081 transfers
1,637.8 NVDA banked · 8.77M AI burned · zero outflows, ever
NVDA side (stock — the NAV engine), since Jul 27
AI side (meme), since Jul 27
What the team did with its cut
Two-phase history — the thing to understand: Jul 15–27, BEFORE community mode existed, the creator wallet 0x4a0cb7ee… was the pool's SOLE Doppler beneficiary: 18 paired claims totalling 542.77 NVDA + 47.90M AI. At 19:56:52 on Jul 27 it called updateBeneficiary(); 26 minutes later the LongCommunityFactory deployed the vault and splitter. Every fee since has gone 80/20.
Why that 47.90M AI looks huge and wasn't: AI traded near $0.0002 in those 12 days, so AI-denominated fees were a vast count of near-worthless tokens — roughly $9,600 at the time, against 542.77 NVDA worth ~$124k. Quoting it at today's price (~$8.4M) is a denomination artifact, not a measure of what was taken.
What the operator did with it: sold 13.27M AI on launch day 2026-07-15 for 11.44 NVDA (~$2,609) and has sold nothing through the settler since; ~38M AI sits across three Safe multisigs controlled by hub 0xa1627ad8
Vault integrity: 8.79M AI + 1,637.78 NVDA, ZERO outflows across its entire life. The vault is a TimelockController; the splitter 0x4f6C50a8 has never sent a token anywhere but the vault, 0x0 and the 20% cut.
Since community mode switched on, both legs pay holders 80%:
stock side: 1,634.85 of 2,043.57 NVDA to the vault — the NAV engine, and it is honest
meme side: 40% vaulted + 40% genuinely burned, 20% to the operator
accrual peaked at 71.5 NVDA/day in W36, troughed at 9.9, now ~15.7/day and rising (~$1.12M/yr)
the pre-Jul-27 creator fees are the only real leak, and they were earned when AI was worth $0.0002
Graded A+ → C → B- → B+ as our data improved — every revision was our error, not a change in the token.
✓ RPC eth_getLogs only — blockscout silently drops transfers on this chain and twice produced false negatives here (0 NVDA from the splitter; an 'accrual stopped' gap that never happened). Split verified against Doppler's verified FeesManager: _releaseFees pays delta × shares / WAD in BOTH currencies at one share, which is why a per-pool asymmetry had to be a beneficiary change rather than a split.
80% handled by codeaudited Oct 27, 2026 · 1782 transfers
$62k claimed · ICOIN's 40/40/20 twin
INCEL side (meme)
INTC side (stock)
What the team did with its cut
INCEL cut: SOLD — 4.39M → 7,124 (−99.7% from audit), nothing material left; 10.7M lifetime out, 7.8M of it to one EOA. The 80% burn+lock is enforced by code either way
INTC cut: SOLD — steady drip through UniversalRouter and the swap router; 0.0096 INTC left
Of the ~$62k claimed:
≈$23k (37%) burned 🔥
≈$27k (44%) locked in the vault — incl. 132 INTC ≈ $4.4k
≈$12k (19%) to the team — INCEL cut mostly held, the ≈$1.1k INTC cut sold
Same enforced 40/40/20 config as $ICOIN, same team posture: hold the meme, sell the stock.
✓ Vault balances match the ledger: 10.90M INCEL + 132.89 INTC ✓ (last claim lands mid-audit; ±0.7 INTC)
never sold — but nothing is lockedaudited Oct 27, 2026 · 113 transfers
1,050.92 HIMS claimed · 95.8% still held · 27.9% of volume in the fee-paying pair
HIMS side (stock)
BONER side (meme)
What the team did with its cut
The fee receiver is not a contract: 0x79aEaE6a is the CREATOR'S WALLET: codesize 23 bytes, prefix 0xef0100, nonce 101 — an EOA with EIP-7702 delegation. The cold wallet 0x3b330e8d is the same. Every earlier version of this card called it a code-locked recycle contract. It never was.
The community splitter is INACTIVE: long.xyz did deploy one (0x0673653d, a 6,550-byte contract at nonce 1) and its UI still shows COMMUNITY VAULT ACTIVE, but it holds nothing: all 901 HIMS that entered it — 900 from the long.xyz splitter admin, 1 from the creator — went straight out to the market-making module 0xe9b50ad2. Our tracker labels it inactive and the balances agree.
What we double-counted: lifetime fees are 3,876,144 BONER + 1,050.92 HIMS, claims from the long.xyz fee claimer only. Our old 4.86M/1,065 figures also counted a 986,294 BONER pull back out of the LP and a 962.13 HIMS round-trip as if they were income.
What genuinely stands: 0 BONER and 0 HIMS have ever been sold, and 95.8% of all HIMS claimed is still held. Claims are flat for days at a time, but fees keep accruing in the position — treat any claim-based run-rate as a floor.
A- → B after an independent re-audit found the premise was wrong:
the fee receiver is a private-key EOA, not a code-locked contract
the community splitter exists but is inactive — it passed its 901 HIMS straight through
true lifetime fees are 3.88M BONER + 1,050.92 HIMS, not the 4.86M/1,065 we published
the never-sold record is real and intact — that is what the B rests on
Held, not sold, with zero enforcement. Numbers and labels on this card are pulled from boner-live.json so they cannot drift from p2v.here.now/boner.
✓ Pulled from boner-live.json @ 2026-10-08T15:37:09Z (block 83,422,617) — the authoritative tracker at p2v.here.now/boner. Labels from the same file: 0x0673653d = BONER community splitter (inactive), 0xe9b50ad2 = BONER market-making module, 0x8aa7a1df = splitter admin (long.xyz side).
LLY fee stream (RWA pad: fees accrue in the stock only)
What the team did with its cut
LLY claims: SOLD — 202.64 in, 202.64 out to the swap router, 0.00 held; proceeds in ETH
Who sells: the ORIGINAL deployer — the community lead "claimed" the coin (CTO) and does not control the FeeEscrow; negotiating with o1.exchange to reassign it
Of the ≈$228k in LLY fees claimed:
≈$228k (100%) sold — several claims per day, swept to the router in batches
$0 locked, $0 burned, $0 distributed to holders
proceeds swapped into ETH — the wallet holds 82 ETH (~$300k+) and $41k USDG
The strongest community in the book, attached to the weakest mechanism grade.
✓ Team wallet ledger reconciles exactly: 202.64 LLY in = 202.64 LLY out · balance 0.00 ✓
auto holder dividendsaudited Oct 27, 2026 · 14095 transfers
GME shares dripped to 1,041 holder wallets — the dividend promise, actually running
Real GME shares (stock side · Aug 27 → Sep 10 window)
GME meme side
What the team did with its cut
The machine: the Bankr fee recipient is a CONTRACT, not a wallet — it burns, banks, and drip-distributes real GME shares AND meme reflections to holders
No team cut: largest single stock payout is 10.45 GME (≈$250) — sized like a big holder's share, not an operator sweep
From the audited window (latest 1,500 transfers, Aug 27 → Sep 10):
real GME shares dripped to 1,041 distinct holder wallets (148.7 GME) — dividend mechanics, live
27.2 GME burned · 1,071.85 GME banked in the contract as a growing stock buffer
meme side pays out too: 510.7M GME to 406 wallets, 1.92B still held
The only Bankr-rail token we've audited that automates a two-sided holder payout.
revenue does reach holders — only by choiceaudited Oct 1, 2026 · 4946 transfers
2,278.8 NVDA (~$520k) in lifetime fees · $0 retained in any vault
NVDA fee stream (stock, Pons escrow)
What the team did with its cut
Where the fees go: 100% swapped out — recipient 0xE071…DDca routes every NVDA fee straight into the v4 PoolManager (647 in / 647 out, exactly matched). No stock is retained anywhere.
Does value reach holders: YES, and it is observable — orbio.so is a working LLM-credit marketplace (464 models, ~22.5% off list) whose live Liquidity Book holds $84,460 of holder-listed credits across five discount tiers. Holders can only resell credits they were actually paid.
But nothing enforces it: Pons ships an on-chain holder-fee-sharing toggle that would make payouts pro-rata and claimable. It is switched OFF (distributor state: none). Every distribution is the operator's discretion, settled off-chain.
Supply concentration: the fee recipient holds 290,624,717 ORBIO — 30.6% of supply (~$25.8M), net-accumulated since Sep 15
Of the 2,278.8 NVDA (~$520k) claimed in lifetime fees:
100% swapped out — $0 of NVDA sits in any vault or treasury, so there is no NAV floor at all
value genuinely does reach holders, as inference credits — $84,460 listed for resale right now
but the on-chain distributor is OFF, so no holder has an enforceable claim on anything
30.6% of supply sits in the operator's hub wallet
Upgraded F → D+ on Oct 1: our F read the vault sale as betrayal, but selling NVDA is how a dollar-denominated credit payout gets funded. A real product with real revenue, distributed entirely on trust.
✓ Pons API: 2,278.83 NVDA / 4,946 sweeps, recipient 0xE071…DDca, distributor state 'none' · RPC: old treasury 0xb94Cfd24 and recipient both 0.0000 NVDA; 50M ORBIO burned (supply 949,999,905)
half automated, half extractedaudited Oct 27, 2026 · 429 transfers
2.16M ASTEROID burned and 176.6 SPCX banked - but 50% of every cycle still exits
ASTEROID side (meme, vault era)
SPCX side (stock, vault era)
What the team did with its cut
The vault works: 2 weeks on the split is exact to the unit: supply down 2,156,540 (verified totalSupply) and 176.6 SPCX banked, never spent
The leak persists: the pre-community dumper wallet still takes 50% of every cycle and forwards it on - 3.99M of 4.10M ASTEROID and 164.7 of 167.4 SPCX moved out since Sep 11
Two weeks of community mode, measured:
the automation is real and exact - 25% burned (2.16M, supply verified), 25% banked (2.16M + 176.6 SPCX)
but 50% of every cycle still routes to the pre-community dumper wallet, which keeps selling it on
D -> C: the machine does what it says; half the output just leaves through the old door
Half a good mechanism. It becomes a B the day that 50% is redirected.
✓ Vault ledger (314 transfers): ASTEROID 8,626,158 in = 2,156,540 burned + 2,156,540 held + 4,313,079 to the old wallet (exactly 25/25/50) · SPCX 329.41 in = 176.62 held + 164.70 out · totalSupply 997,843,460 confirms the burn
auto ZEC dividends at scaleaudited Sep 17, 2026 · 1410247 transfers
$9.15M of Zcash paid to holders in 18 days - 1.41 million automated payouts
ZEC dividend stream (stock side)
ZCAT side (platform flywheel)
What the team did with its cut
No custody in the flow: the 3% tax and payouts are platform-automated - no creator wallet ever touches the dividend stream; token authorities renounced
The caveat: the 'ZEC' is stonkfun's wrapper (A7bdiY...) with a LIVE mint authority - custodial, though it trades at parity with $2M+ USDC depth
The strongest dividend machine we have audited:
$9.15M of ZEC to holders in 18 days - automated, no wallet to trust, top holder just 3.1%
plus the flywheel: 31.2M ZCAT burned, buybacks every few minutes
risk lives in the wrapper: stonkfun's ZEC has a live mint key - custodial backing, not bridged proof
DIVI's mechanism without DIVI's concentration. The wrapper is the only trust assumption.
✓ stonkfun live stats: $9,151,898 / 6.18k ZEC / 1,410,247 payouts · supply burn verified by RPC · 25,135 holders, top 3.12%
The machinery: SchiffySplitter (verified): gldToHoldersBps = 9000 is a contract constant; burn + split run inside collect() — nobody chooses where fees go
Caveats: owner can call setFeeSource · collects are manual and weekly (3 so far) · the deployer EOA still holds 3.94M SCHIFFY of week-one fees it never burned
What the splitter does with every collect, verified in source:
100% of the SCHIFFY side burned — 9.73M destroyed lifetime (6.29M by hand before the splitter, 3.44M by code since)
90% of the GLD side paid pro-rata to holders in gold (2,394+ wallets), 10% to a treasury contract that has never spent
the split is a constant in verified code, not a wallet decision — the UBIK lane's opposite
The cleanest custom fee contract in the book. Watch setFeeSource and the weekly collect cadence.
Pons distributor ACTIVE at scaleaudited Oct 27, 2026 · 117895 transfers
12,947 GME (≈$306k) of real GameStop stock paid to holders in 18 days
GME fee stream (stock side, Pons escrow)
What the team did with its cut
No custody: fees land in the distributor, never an EOA; its balance (9.024 GME) matches the API's unallocated remainder to three decimals
Distribution: 4,254 holders, largest non-infrastructure wallet 2.6%; payout ranking matches holder ranking — pro-rata working as advertised
One-sided by design: Pons taxes the QUOTE asset only: the meme side is never taxed, never burned, supply still exactly 1B — so there is no second flow to audit
The Magatard mechanism, 450× the size:
99.93% of every GME fee sweep paid to holders — 489 epochs, no human claim step
≈$306k of real GameStop stock distributed in 18 days; 670 wallets paid in the last 18 hours
the creator cannot drain it: the fee recipient is the distributor contract itself
The best-executed dividend machine on Robinhood Chain. The second GME/GME pair — and the better one.
✓ Pons API: earned 12,956.04 / distributed 12,946.78 GME (99.93%), 489 epochs, latest epoch fully claimed · on-chain 18h window: 29.81 GME in from the escrow, 33.10 out to 670 wallets, median clip 0.0139 GME
Pons distributor ACTIVE — biggest payout in the bookaudited Sep 22, 2026 · 2000 transfers
619.1 MU (≈$677k) of tokenized Micron paid to holders in 20 days
MU fee stream (stock side, Pons escrow)
What the team did with its cut
No custody: fees land in the distributor, never an EOA; its MU balance (0.689) matches the API's unallocated remainder exactly
More than a meme: a verified GenesisFarm staking contract (deposit/harvest/convert to gMCD) holds 3.7%, and the token trades in 30 pools against 22 different quote assets
Watch: a TransparentUpgradeableProxy holds the largest slice at 9.04% — upgradeable, admin-controlled, purpose not yet established
The largest verified dividend stream in the book:
≈$677k of tokenized Micron paid to 10,987 holders in 20 days — 99.89% of everything earned
no wallet in the loop: the fee recipient is the distributor contract itself
ecosystem beyond the token: a staking farm, gMCD conversion, and 30 pools across 22 quote assets
Pons done right at the largest scale we have measured. The 9% upgradeable proxy is the open question.
✓ Pons API: earned 619.78 / distributed 619.09 MU (99.89%), 536 epochs, nothing claimable · on-chain window: 18.80 MU in from escrow, 19.12 out to 451 wallets · distributor balance 0.689 MU == API unallocated · supply 999,997,459 (meme side untaxed, unburned)
The good half: CreditPurchase is verified and per the docs cannot be upgraded or paused: 10% of every credit purchase buys and burns DARK, ~10% pays stakers in USDG. Real product revenue — $3.2k of credits bought in 24h
The other half: the Pons NVDA stream (5× bigger than app revenue) has the holder distributor switched OFF and is sold to ETH by a creator EOA
Scale caveat: only 10 stakers and 17.8M DARK staked; $1,489 distributed, $95 actually claimed
Darkwoods runs two money flows, and they score differently:
PRODUCT: USDG credit revenue split by an immutable contract — 12.5M DARK bought and burned, USDG paid to stakers. This is the real mechanism
TRADING FEES: 424 NVDA (5× the app revenue) claimed to an EOA and sold to ETH, 6.44 ETH to 10 wallets
the Pons holder distributor that would fix the second half is available and switched off
A genuine product-revenue accrual machine bolted to a discretionary fee wallet. Turn the distributor on and this is a B+.
Pons v2 · holder distributor ACTIVE · 99.89% of MU fees paid out over 536 epochs · 10,987 holders · plus a staking farm and 30 pools across 22 quote assets
Pons distributor ACTIVE — biggest payout in the book
RETIRED Oct 7, 2026 — team cut fully liquidated (80.57M out to 9 non-project addresses), no longer tracked nightly · v2 vault 40% burn / 40% lock / 20% team — code half intact, but the team has now sold 92% of its meme cut too
long.xyz claims · 100% of fees retained and NOTHING ever sold · the fee receiver is the creator's own EOA; the community splitter exists but is inactive
RETIRED Oct 3, 2026 — mcap ~$21.7k, no longer tracked nightly · Pons v2 · unverified payout contract, but the founder's share HALVED since our first audit (54% → 30%) while agent payouts widened
Pons v2 · a real LLM-credit marketplace — but every payout is off-chain and the distributor toggle is OFF
revenue does reach holders — only by choice
D+
Grades weigh how much fee value stays in the system (locked, burned, or stacked) vs. exits to a team wallet — and what the team did with any cut. All figures from to-the-cent ledger audits.
Smart-audience data from the Moni Discover API, read Sep 9, 2026. Tier 1 = the highest-signal smart-money accounts. Caution from the book: community strength predicts launch quality, not durability — $FATCOIN kept the #3 community through a −75% round-trip, and $AI earned #1 by surviving.