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Pons Founder: The PONS new repurchase mechanism will distribute funds every 7 days and complete the repurchase and destruction in the following 7 days

The founder of Pons, Ozzy, posted on platform X in response to community concerns about the PONS buyback and burn mechanism, stating that the current burn rate has indeed not been adjusted, and the "Claim" process has not yet achieved complete decentralization.He mentioned that an on-chain contract upgrade is currently underway, with a new buyback mechanism planned to execute a Claim every 7 days. Subsequently, all funds received in the following 7 days will be used for buyback and destruction of PONS, and this process will repeat to establish a more sustainable buyback and burn mechanism. Currently, all buyback and burn operations have been automated. Anyone can trigger this bot and receive a small reward for this action.He further stated that the previously set buyback and burn rate is 2e per hour. Combined with the current funding scale of approximately 950,000 USD in the Splitter (fund diversion contract), this rate aligns with the 7-day buyback cycle. Funds will also be automatically executed according to the 7-day cycle after being claimed, so the buyback funds will be displayed in two different sections: one is the current active buyback fund pool (Active Buyback Vault), and the other is reserved for the buyback funds for the next week.Previously, crypto analyst yyy posted on platform X stating that Pons has not replenished funds to the buyback allocator for over 5 days, with approximately 440,000 USD in the escrow account awaiting claim. He believes that the untimely claiming of funds has led to a low burn rate of PONS recently and calls for promoting the decentralization of fund claims from the escrow account.
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