CARRY and its launch infrastructure

CARRY is the product

Trading activity generates CARRY protocol revenue. Revenue is allocated to the Protocol Reserve, Stock Treasury target and USDG Reward Funding. The website explains CARRY; it does not operate a trading terminal.

Current planned terms. Pons parameters will be reverified immediately before launch and are not permanently guaranteed. CARRY has not launched. No token address, trading URL, pool address or live balances are published.

Pons is the launch rail

CARRY launches through Pons V2 on Robinhood Chain. Pons handles token creation, bonding-curve trading, opening anti-snipe protection, graduation, Uniswap V4 market creation, permanent liquidity locking and collection of trading fees / creator revenue. CARRY does not run its own curve or graduation mechanism.

Pre-graduation trading links to the verified Pons token page. After graduation it links to the verified DEX market. Both destinations remain unset until available.

Local protocol status

CarryRevenueRouter is implemented locally and frozen as the local V1 candidate. It has not been deployed.

FundedStaking is implemented and tested locally as the frozen V1 candidate. It has not been deployed. Full fork rehearsal, production calibration, security review and deployment remain.

The FundedStaking conservation correction is complete in the local V1 candidate.

RewardFundingVault is implemented and tested locally as the current V1 candidate, not deployed. It provides the bounded ETH → WETH → USDG → FundedStaking path. The local deployment sequence and one-time CARRY/staking bindings are implemented and tested. Reward Funding Keeper V1.2 is implemented, tested and feature-frozen for intended mechanical automation of bounded conversions, but is not production-enabled. Full fork rehearsal, production calibration, security review and deployment remain. ETH awaiting conversion is not funded USDG.

Protocol Reserve custody and control remain unresolved. No specific use or automatic spending of the allocation is guaranteed.

Pons configuration and launch terms will be re-verified immediately before launch.

The flywheel

Ordinary trader fee: 2.30%, comprising a 1.00% Pons base fee and 1.30% CARRY creator tax. Of ordinary trading volume, 0.30% is equivalent to Pons protocol revenue and 2.00% to CARRY protocol revenue.

CARRY’s 2.00% revenue is split 40% Protocol Reserve (0.80% of ordinary volume), 30% Stock Treasury (0.60% of ordinary volume), 30% USDG Reward Funding (0.60% of ordinary volume). These shares do not divide the full trader fee.

Stock purchases and USDG conversions are separate actions. Revenue is not automatically stock holdings or funded rewards.