How to spot bundled rug launches on
@ponsdotfamily in 2 minutes
Most launches on Pons look clean. Fair price, no obvious snipers, nothing that suspicious. Then the team dumps and everyone wonders how the supply was already sitting in a few wallets to rug.
The trick is that most launch tools use the same function, and it leaves a trace you can check yourself.
Step 1: Find the launch transaction
Open the 'launch and buy' tx. Here is an example:
robin.etherscan.io/tx/0x517e…
Step 2: Decode the input data
Go to "More details" and click "Decode Input Data".
Step 3: Look for snipeTaxExemptions
This is the parameter that makes it possible.
Pons v2 introduced a 3 second, 100% tax to stop snipers. It works, unless the dev uses this function to exempt selected wallets from the tax. Those wallets can buy in the first seconds with no tax while everyone else gets taxed.
Step 4: Read the wallets
Once decoded, you can see the full list of addresses in this parameter. These are the wallets the dev sniped the supply with.
Now you know who is holding, how many wallets are tied to the launch, then they redistribute it among more wallets.
How to use this
Before you ape into anything on Pons, check the launch tx. If the exemption list is long, or those wallets hold a big share of supply, you are probably the exit liquidity.
It takes two minutes, and it will save you more money than any signal group ever will.
This is not a bluepill against every type of launch, but the more you know, the better :)
Let's make this game much more sophisticated for the teams
Build.