Starters Guide - Overview

This is an overview / starters guide for all things Pond0x.

What is Pond0x ($PNDC)?

Pond0x is a decentralized platform offering basic DEX functions, swap rewards, free claims, and “easy mode” DeFi yield farming mechanisms to users of the platform.

Pond distributes 100% of its revenue to users of the platform via PONDWATER

What is a DEX?

A digital marketplace for trading cryptocurrency without a middleman, allowing users to conduct peer-to-peer transactions directly from their DeFi wallets (like MM, TW, etc.) Pond0x is a DEX.

$PNDC is the “cash-tag” for PondCoin, an erc-20 cryptocurrency. PondCoin is the platform token to Pond0x, it allows you to participate in automated DeFi tools like PONDWATER. You can obtain $PNDC by swapping on Pond0x, a Centralized Exchange (CEX), or by mining

What is Mining?

During a Pond0x mining event, you can use $ETH as well as other ERC-20 tokens to mine for $PNDC.

Half the ETH from a mining is used to swap for $PORK and the other half is sent to the project multisig vault 0x17CC6042605381c158D2adab487434Bde79Aa61C

What to do during an active mining cycle:

  • Enter an amount of $eth you want to spend to mine.

  • Click the ETH logo to reveal additional ERC-20 tokens you can use to mine.

  • Boosters can be used to increase the amount of $PNDC you obtain from a mining transaction.

Boosters

Boosts are single use. Capture 6 and use them together for maximum boost.

  • 💎 Diamond
  • 🐷 Pork
  • 💉 Covid
  • 🦄 Uniswap
  • 🟪 YGN
  • 🐰 Void
  • 🏆 Top Rank
  • ⛏️ Pro Miner
  • 🤝 Swapper
  • 🧪 Pro Spawner
  • 🪷 Pro Liquid Staker (pndETH)
  • 🧩 Quest
  • 👨‍🍳 Chef
  • 🎁 Recap

Breeding

To be eligible for breeding, you must mine for $PNDC during a mining cycle and help fill the test tube.

When the test tube reaches 100%, you can breed for $pork.

This requires you to sign $PNDC spending approval transactions, as well as another transaction to make the actual claim.

Pro tip: Find the current BreedManager smart contract and pre-approve the $PNDC spending limit.

PONDWATER

Lock it up! 🔒 The longer you lock $PNDC up the greater the yield multiplier

Streaming Yield

Once locked, you will earn weekly yield paid in $wETH, or wrapped ETH.

Your $PNDC must be locked for at least 7 days before you can start streaming yield.

If you lock on a Saturday, you won’t be able to start streaming until the second Wednesday.

Vesting Period.

When streaming starts, you are able to “activate” the vesting period for your yield by signing a transaction that deposits an NFT from Sablier into your wallet.

$wETH will stream into the NFT over a period of 7 days, you can then withdraw the full amount.

Free Token Claims.

The Pond0x community recieved their first free claims of $PORK on 2024-02-13 and speculates there will be more free claims of $PORK tokens in the future.

DEX Rewards Claims

Like the $PORK token claim, DEX rewards are not live at the time of posting this guide.