A meme paired with a 3x short on $PONS is called "TAMPONS"... The mechanics for TAMPONS are pretty interesting: 1) Every $TAMPONS trade pays a 1% fee; part of that revenue is continuously routed into collateral backing a 3× short position on $PONS 2) If PONS falls, the short generates a profit. The system periodically realizes part of it, then uses 75% of the proceeds to market-buy and burn TAMPONS 3) Flywheel: TAMPONS volume → fees → larger PONS short → realized profits if PONS falls → TAMPONS buybacks + burns It isn’t a direct or fully redeemable hedge; holders don’t own the short or have a claim on its collateral. But structurally, TAMPONS converts trading activity & PONS downside into recurring buy pressure for itself I'd be surprised if @loraclexyz doesn't kingmake this to drive awareness A memecoin with a treasury permanently betting against the launchpad it lives on is pretty ironic purely on memetic value alone I'd say hats off to the dev for creating it; for the first time in a while innovation is returning to the trenches and it's a breath of fresh air I'm seeing several memetic pairing structures with perp positions recently, so I suspect we will see various layers of this infra breakout Obvious plays to me are: 1) Bidding the infra for pairing of leveraged stock positions like @Perpshood 2) the associated memetic mascots of HYPE / LIT in PURR ($9M) or LIGER ($1M) 3) Bidding TAMPONS for the pure memetic factor for when PONS pulls back (likely temporarily before it resumes upwards trajectory)