The official coinNever auctionedBurner: buying on the curve
$LOT
A plain pons coin whose own creator rewards fund development and audits. Every other coin on Lot sends 20% of its fees here, where anyone can turn them into burned $LOT.
$LOT burned
—
not launched
ETH spent on burns
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all time
Waiting in the burner
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burnable now
Sent by houses
0
from 0 houses
Burn history
Every burn
CallerETH spent$LOT burnedWhen
Burner not deployed yet.
Burn now1% bounty
Anyone can trigger a burn. It buys $LOT on the curve with a floor from the curve's own pricing and sends it to the dead address. Max 0.25 ETH per call, 30s between calls.
How the burn is priced
While $LOT is on its curve the burner reproduces pons' exact pricing in the same transaction and refuses any fill more than 1% under it — a sandwich can take at most that. After graduation it sells its ETH for $LOT by open auction instead, because an oracle-less swap is not something we run unattended. Litepaper §04