Pons v2 · Robinhood Chain
One wallet signature deploys the token and its bonding curve. The launch fee is …. You do not custody the supply.
The whole supply is minted to the curve. Nobody starts holding a bag.
Price climbs as people buy and falls when they sell back.
The curve sells out and hands its reserves to a pool.
Uniswap v4 liquidity stays locked. There is no withdraw.