Every $LAYOFF trade pays a 2% tax. There is no team, so it doesn't go to a team. It goes to the Severance Fund, and every time the fund hits $10,000, the next verified laid-off person in the queue gets it.
Every buy and every sell sends 2% to the Severance Fund wallet. The wallet is public. Watch it fill.
Applications form a queue. When the pot hits $10,000, we verify the next person privately and announce the payout on π.
Sent to your wallet. No wallet? We help you set one up. Then the pot resets and the next file moves to the top.
Yes. The 2% tax is collected on-chain into a public wallet. Every payout is announced on π with the transaction, so anyone can check that the money moved.
Every $LAYOFF trade on PONS carries a 3% fee: 1% is the PONS pool fee, 2% is the creator tax, and the creator wallet is the Severance Fund. Nobody is on payroll, so nothing gets skimmed.
Depends on trading volume. The pot bar above shows how close the next $10,000 is. When it fills, we verify the next person in the queue, which usually takes a few days, then send.
Apply anyway. If you're picked we'll walk you through setting one up, or send in a form you can actually use.
The payout amount and the transaction. Your name only if you say yes. Never your documents.