This page is the complete rule set: what an epoch is, where revenue comes from, how each wallet's settlement is computed, what disqualifies a wallet, and how to verify every step yourself on-chain. If the site and the chain ever disagree, the chain is right.
Epochs close at the top of every UTC hour: 24 settlements per day, every day. The epoch number is not something we assign: it is floor(unix time / 3,600), the number of hours since 1970. Anyone with a clock can compute the current epoch and the next settlement time without trusting this site.
EPOCH launches through Pons with a fixed supply. Trading begins on a bonding curve; at graduation, liquidity is deployed into a Uniswap v4 pool and permanently locked. Nobody - including the team and including Pons - can withdraw it.
Settlement begins at migration. During the bonding-curve phase there is no pool and no swap-fee revenue, so pre-migration epochs are simply not settled. The first settled epoch is the first full epoch after liquidity locks.
From graduation onward, every swap in that pool pays a trading fee. A creator share of those fees is claimable by the treasury wallet, denominated in WETH and in EPOCH. That claimable share is the protocol's entire revenue. There is no other source: no emissions, no inflation, no staking pool, no external yield.
At each epoch close, the treasury claims accrued fees. The claim is an ordinary transaction, visible on Blockscout like everything else here.
The creator fee share is a Pons parameter, not ours. The current figure is published in the Pons documentation; if Pons changes it, protocol revenue changes with it, and this page will be updated to match.
At the closing block of each epoch, the distributor takes a snapshot of every EPOCH balance, reconstructed from the token's full Transfer history. Three filters apply, in order.
First, structural addresses are removed: the liquidity pool, the treasury, the distributor, and the dead address. These hold tokens but are not holders, and paying them would recycle revenue into infrastructure.
Second, wallets below the minimum position of 50,000 EPOCH are removed. The floor exists because pushing ETH to a wallet costs gas, and below a certain position the gas exceeds the settlement.
Third, what remains is the eligible supply. Each eligible wallet's settlement is:
Payment is pushed as ETH in batches directly to each wallet. No claim transaction exists, no gas is spent by the recipient, and no interaction with any contract is ever required to be paid. A wallet that cannot receive ETH (a contract without a receive function) is skipped, and skipped amounts roll into the next epoch, as does sub-wei rounding dust.
Because sub-minimum wallets are excluded from the denominator, actual settlements run above the simple estimate on the front page, which divides by total supply. The worked example below shows the difference.
| Daily volume (assumed) | $500,000 |
| Daily fee revenue at 5% effective capture | $25,000 |
| Revenue per epoch (1/24 day) | $1,041.67 |
| Holder pool per epoch (50%) | $520.83 |
| Your position | 1,000,000 EPOCH |
| Eligible supply (after exclusions and floor) | 620,000,000 EPOCH |
| Your share of eligible supply | 0.1613% |
| Your settlement, per epoch | $0.84 |
| Your settlement, per day (24 epochs) | $20.16 |
The front-page estimator, dividing by total supply, would show $12.50 per day for the same position and volume. The difference is the excluded supply. Both numbers move constantly with volume and with the holder set; neither is a promise.
A tenth of each epoch's revenue is used to retire supply: EPOCH is acquired and sent to the dead address, 0x...dEaD, where no key exists and no transaction can ever move it again. Because fee revenue arrives partly denominated in EPOCH, the token-denominated portion can be retired directly, without a market purchase.
Supply is fixed at launch. There is no mint function, no emissions schedule, and no mechanism by which supply can increase. Retirement is cumulative and one-directional, and the dead address balance is publicly readable at any time.
If EPOCH is held on an exchange, the exchange's wallet holds the balance - and exchange wallets are on the structural exclusion list, so nobody is settled for those tokens. Settlement reaches wallets whose keys you hold. There are no exceptions to this, because at the token level there is no way to see through a custodian.
Settlement is linear in balance. Ten wallets of 100,000 EPOCH are settled exactly the same total as one wallet of 1,000,000 - unless a split drops any wallet below the 50,000 minimum, in which case that wallet's share is forfeited to everyone else.
Weighting uses the balance at the closing block. A position opened late in an epoch is settled in full for that epoch; a position closed before the boundary is settled nothing. If the weighting rule ever changes - for example to average balance across the epoch - the change will be announced ahead of a stated epoch number and reflected on this page before it takes effect.
A contract wallet without a payable receive function will reject the transfer. The batch does not fail; that recipient is skipped, the event is logged, and the amount rolls into the next epoch's pool.
50,000 EPOCH exists so that no settlement costs more to deliver than it is worth. It is not a tier system; above the floor, every wallet is treated identically and weighted only by balance.
Every settlement row on the front page carries transaction hashes. Here is how to check one against the chain - trusting Blockscout and your own eyes, not us.
If any of these checks fails for a published epoch and no explanation is posted, treat that as disqualifying. That standard applies to us as much as to anyone.
Settlements are funded entirely by trading volume. Nothing here generates yield: traders pay fees, holders receive a share of them. When volume falls, settlements fall with it, and when volume stops, settlements stop. Projections on this site are arithmetic on an assumed volume, not forecasts.
Protocol revenue depends on the Pons creator fee share, a parameter set by Pons and changeable by Pons. The revenue split - 50% settled, 40% operations, 10% retired - is enforced by published practice and a verifiable transaction history, not by a smart contract.
EPOCH is a speculative token on a two-month-old network. It can lose all of its value. Nothing on this site is financial advice, and no return of any kind is promised.