Every trade of $TIPTOK pays a creator tax. All of it buys $TIPTOK back and burns it. Every step is on chain and linked below.
reading the chain…
All of this is committed to buying $TIPTOK back and burning it. Not a treasury, not a salary, not marketing.
Four steps. The contract only allows the last one.
Every trade of $TIPTOK pays a creator tax. Pons credits it, in ETH, to the fee recipient.
The team claims the tax from the Pons escrow to the fee wallet. The total shown here is the same figure Pons shows as earned.
The ETH buys $TIPTOK on the open market. The bought coins go to the burn contract.
The owner presses burn in the admin console. The contract can only send those coins to the dead address; there is no way to take them back out.
Read from the burn contract, newest first. The ETH figure is what the team reports paying for that batch.
The tax total is the sum of every credit Pons wrote to the fee recipient for $TIPTOK, indexed from chain. The burn contract keeps $TIPTOK locked: the only call that moves it is burn, and it can only move it to the dead address.
