Create. Launch. Auction.
Launch a coin and its fees go to auction. Every coin on Lot is a pons v2 launch whose creator fees are collected into a house and sold as a lot every few minutes. Bidders pay in the coin. The winning bid burns. Losing bids come straight back. You set your cut at launch, and nobody can change it after.
The first real house opens here.
Contracts are written and tested. This grid fills the moment the Lot factory is on Robinhood Chain.
Launch the first coinWhat a house looks like at work
Four movements, every lot
- Fees land in the houseEvery trade of the coin pays a creator fee on pons. It is routed to the house at launch and nobody can redirect it.
- A fifth burns $LOT20% of every fee buys $LOT from its curve and sends it to the dead address. The other 80% becomes the lot.
- The room bids in the coinBids are held, never spent. Each beats the last by 1%. A bid in the final seconds pushes the hammer back.
- The hammer fallsThe winner takes the ETH, the creator takes their cut, whoever settled takes 2.5% — and the winning bid burns.
A buyback that lets the market name its own price.
Most coins buy their own token back with a bot. The bot pays whatever the book asks, eats the slippage, and can be seen coming. Here the auction is the buyback: bidders compete to convert the pot, so the burn happens at a price the room agreed on — and the house never buys, it only sells what it took.
Every lot prints what the pot was worth at spot next to what the winner actually paid. That premium, published every few minutes, is the whole argument.
20% of every fee, from every house, buys and burns $LOT.
Every coin launched here sends a fifth of its creator fees to the burner, which buys $LOT from its curve and sends it to the dead address. Anyone can trigger it and is paid 1% for the gas. $LOT itself is a plain pons coin whose own creator rewards fund development and audits — it is the one coin on Lot that is not auctioned.