Socket pools
A socket pool trades through a token's pons pool and runs plug-ins from the catalog on every trade: a launch guard, a trading fee for the team, a trade tracker. pons still charges its fee as usual.
Honest note: a socket trade costs at least what trading on pons directly costs, unless a plug-in gives value back. Every swap page shows the pons-direct price next to the socket price.
Reading socket pools from the chain…
Estimate
Sell calculator
Estimate for a pool 25 ETH deep with a 1% pons fee, priced at 2,000,000tokens per ETH. The take limits and the bid's price floor follow the socket's rules. A swap page shows the pons-direct price next to the socket price for its own pool.
A trading fee for the team.
All takes together stop at 1%.
One sell uses at most 20% of it.
The bid pays the spot price minus this. Under the 1% pons fee, sellers win.
- paid by pons
- paid by the bid
- taken by plug-ins
- Difference
- +0.00786 ETH
- +162.05%
- Bid's gain for the seller
- 0.01034 ETH
- Fee router
- 0.00248 ETH
- 0.5%
- Launch guard
- 0 ETH
- 0%
Selling 1M tokens (worth 0.5 ETH at the pool's spot price) straight into pons pays 0.4853 ETH after its 1% fee and price impact.
Through the socket, the buyback bid buys 806.05K of them for 0.4 ETH, 0.01034 ETH more than pons would pay for that part. pons fills the rest.
The plug-ins take 0.5% of the 0.4956 ETH side: 0.00248 ETH.
The seller ends up with 0.00786 ETH more than selling on pons directly.