NEXT PRIZE QUEUE
— ETHReading the fixed ETH threshold…
Fees received during this auction build the next prize. The next announcement also waits for the 30-minute cooldown after this round closes.
15-minute announcement → 30-minute auctionCONNECTING TO TESTNET
PRIZE
— ETHCURRENT BID
— ETHHold
Bid
Burn
ONE
PRIZE.
YOUR
MOVE.
YOUR
TOKENS
COME
BACK.
WINNING
BID.
BUY BACK.
BURN.
Lock tokens. Outbid the leader. Win ETH.Outbid? Withdraw your ETH and tokens.
Winning bid token buyback burn. Follow the money
Connect to view your balance
Winner tokens return 60 min after the actual close. Losing bids and tokens are available to withdraw.
Waiting for a fresh contract snapshot.
YOUR SIDE OF THE ROPE
Connect a wallet on Robinhood Chain Testnet to view your balances and available payouts.
Transactions use test ETH and the verified test token. No mainnet transactions are supported.
The announced round fixes its token requirement.
Connect your testnet wallet
Winner unlock: 60 min after close
YOUR AUCTION RECORD
Connect your wallet to see your auction history.
No wallet connected.
ETH committed counts actual deposits, including amounts later refunded. Winning bids are the auction cost. Result before gas is awarded prizes minus winning bids; it excludes transaction costs and token price changes. Claimed prizes may have been sent to a recipient chosen by the winner.
THE ROUND CHRONICLE
The highest valid bid leads. An outbid participant can withdraw their ETH and tokens.
THE ROUND RECORD
SUPPLY REDUCTION
—Reading the buyback budget…
Initial supply minus current total supply (display rounded to four decimals). The ledger below shows confirmed Game buybacks separately; locked tokens are not burned.
Events are loaded in bounded pages. Use the round lookup for any older payout.
01 / THE IDEA
The Tug brings token holders into an open auction for a fixed ETH prize.
Trading fees received by the project help build the prize pool. Holders temporarily lock a set number of tokens to enter, then compete with visible ETH bids. One participant wins the prize. Their winning bid goes toward buying and burning the project's token.
The rope is the shared token. The knot is the competition: everyone can see the prize, the leading bid and the time left. Holding grants entry; the auction decides the winner.
Hold. Bid. Burn. Repeat.
02 / HOW THE ROUND WORKS
Received fees fill the next prize queue. The starting threshold is a fixed amount of ETH. This micro-funded test deployment uses 0.001 ETH; about $20 is a guide for a future production launch. The threshold does not track dollars during a round.
The round is announced for 15 minutes. The token lock requirement is fixed; incoming fees can still increase the prize. Bidding is not open yet.
The prize is fixed at opening. Lock the required tokens and place an ETH bid. The first bid must cover at least 30% of the prize; every next leader must bid at least 5% more.
A new leading bid in the last 30 seconds adds 30 seconds to the ending time. There is no limit to these extensions.
After finalization, the winner can claim the fixed ETH prize. Their result before gas is the prize minus their winning bid. A bid above the prize gives a negative ETH result.
Outbid participants can withdraw their entire ETH bid and token lock. Winner tokens unlock 60 minutes after the actual ending time, including all extensions.
After a round ends, the next announcement waits at least 30 minutes. A new round then has its own 15-minute announcement.
03 / FOLLOW THE MONEY
RECEIVED CREATOR FEES
Received creator ETH is split 10/17 to prizes and 7/17 to the creator. Only ETH actually received from PONS enters this split. Fees waiting to be collected are not counted as a funded prize.
WINNING ETH BID
The winning bid goes into a separate buyback budget. Purchased tokens are burned. Participant token locks and ETH prizes are outside that budget.
Under the project's recorded launch configuration, ordinary trading has a 1% base fee plus a 1% creator tax. Approximately 0.3% of trade volume goes to PONS, 0.7% to the creator and 1% to prizes. The connected testnet launch settings are verified before transactions; rounding, early launch taxes, gas and price impact can change the amounts.
The planned production limits are up to 0.01 ETH per purchase, at least 30 minutes between purchases and up to 0.5 ETH over a rolling 24 hours. Execution uses two observed quotes at least five minutes apart, then another five-minute wait, and requires at least 99.5% of the better quote. The plan expires 20 minutes after the second observation. These controls do not guarantee a fair market price or a token price increase.
04 / BEFORE YOU TAKE THE ROPE
Tokens are temporarily locked, not burned. If outbid, you can withdraw both your ETH bid and your tokens. If you win, your tokens unlock 60 minutes after the actual close. Withdrawals and claims require your own transaction.
The planned initial requirement is 0.3% of the initial supply at launch: 3 million tokens for an initial 1 billion supply. Burning tokens does not reduce this reference supply. The creator can change the percentage for future, unannounced rounds. A current announced round keeps its fixed requirement.
The prize is the full ETH payout. Subtract your winning ETH bid and transaction costs to calculate your result. Winning is not guaranteed.
Half of an empty round's prize returns to the next prize queue; half goes to the buyback budget. A failed buyback leaves funds in that budget for a later attempt and should not block finalization.
When an idle queue stays below its starting threshold for 24 hours, its funds can become available for buyback and burn under the contract's conditions. Active rounds, announcements and emergency pauses block this path. Significant new funding or a returned prize resets the applicable timer.
No. Rounds depend on received fees reaching the threshold. After pool migration, converting token-side fees may require the PONS operator. Market activity, fee collection and external services affect timing.
The contract uses a fixed ETH threshold: 0.001 ETH in this test deployment. About $20 is a future production setup guide; its dollar value changes with ETH. There is no ETH/USD price feed or doubled fallback threshold in the auction contract.
Token prices can fall; buybacks do not guarantee appreciation. The creator can update lock requirements for future rounds. Buyback execution depends on its operator and market quotes; manipulation remains a risk. PONS controls parts of fee collection and can change the recipient of future creator fees through its own procedure.
This local site connects only to Robinhood Chain Testnet (chain 46630). Approvals, bids and claims request explicit wallet signatures using test ETH. These are real testnet transactions, not mainnet transactions. No private key is requested by the site.