# Launch. Trade. Manage.

Poncho is a Telegram bot. Paste a token address to trade it, or launch your own token in the same chat.

Poncho is open to everyone. Start the bot, create a wallet and send it ETH on Robinhood Chain.

## Launch on Pons. From Telegram.

Most launchpads stop at deploy. Poncho keeps going — the same bot that created your token is where you run it afterwards.

1. **Create** — Name, then ticker. Everything else already has an answer you can change on the Review screen. The image is pinned to IPFS.
2. **Set the split** — Your creator fee is fixed when the token is created — nobody can raise it on you later. The wallet it pays out to, you can change whenever you like.
3. **Deploy and buy** — Your first buy goes in the same transaction as the launch. Not a fast follow-up — the same transaction. The bot shows the full cost before it sends anything.
4. **Manage** — Creator fees, fee recipient, Buyback & Lock and Reinvest fees — in the same chat, for as long as the token exists.

## Trade from the chat.

Paste a token address. Poncho finds where it trades and shows you a confirm screen before you buy.

1. **Paste CA** — 0x7F3a…E42b
2. **Pool found** — ETH → USDG → GRACKLE
3. **Checked** — ✓ Sell path clear ✓ No transfer tax
4. **Buy** — Before every buy, Poncho checks against the chain what you would get back if you sold straight away. Some markets cannot price a sale before you hold the token. Then the confirm screen says the round trip was not judged, and you decide.

## Launching is only the beginning.

The deploy is the easy part. These are the things a creator still needs on day thirty, and they live in the same chat.

- **Creator fees** — Your share of trading fees on tokens you launched. See what is owed and claim it, without leaving Telegram.
- **Fee recipient** — Point the payout at a different wallet, effective immediately. Fees already credited stay where they are.
- **Buyback & Lock** — A slice of your fee share buys the token back and locks it for about five years. Switch it off whenever — what already went in stays.
- **Reinvest fees** — Put collected fees back to work instead of claiming them.

The fee rate is fixed at launch — nobody can raise it on you. The payout wallet you can change whenever you like; claim what you are owed first. Burning is in the same panel.

## Everything you need. One Telegram bot.

Poncho is the Telegram bot for the whole life of a token on Robinhood Chain. Launch it, trade it, and keep the creator levers — in one chat.

- **The launch is two questions.** — Name, then ticker. Everything else already has an answer you change on the Review screen — and your first buy goes in the same transaction as the launch.
- **Every buy is checked against the chain.** — Poncho checks what selling straight back would return before it commits your money, and shows price, liquidity, route and the contract's own permissions — mint, pause, blacklist, proxy — read from the chain. [What the check does and does not catch](https://ponchobot.com/faq/#buy-check).
- **It doesn't stop at the deploy.** — Most launchpads hand you a contract and walk away. Creator fees, fee recipient, Buyback & Lock, Reinvest and burn stay in the same chat for as long as the token exists.
- **One fee, shown before you spend it.** — 1% on trades by default. 0.001 ETH to launch, and only if the launch succeeds. The bot shows the full total — Pons and gas included — before it sends anything. [Every figure, itemised](https://ponchobot.com/pons/).

## Built. Next. Later.

Built means finished and in the bot. Below is the order we intend to build in — no dates, because a date here would be a promise.

### ✓ Built

- **Launch from Telegram** — Name, ticker, image. Through Pons v2 on Robinhood Chain.
- **Four creator levers** — Creator fees, fee recipient, Buyback & Lock, Reinvest fees — plus burn, on tokens launched through Poncho.
- **Buy and sell every major venue type** — Every buy checked against the chain first. Routes through USDG or another token in one transaction.
- **Trading fee** — The router is deployed and its source is published. The rate is on the [fees answer](https://ponchobot.com/faq/#fees).
- **Terms, risk and privacy** — Published before the bot opened. [Terms of Use](https://ponchobot.com/terms/), [what can go wrong](https://ponchobot.com/risk/) and [the privacy policy](https://ponchobot.com/privacy/).
- **Trader referrals** — Refer someone and you earn 15% of the trading fee they pay, for as long as they trade. It comes out of Poncho’s cut, not theirs — see [Questions](https://ponchobot.com/docs/#referrals).

- **The bot is open** — Open to everyone. Start it, create a wallet and send it ETH on Robinhood Chain.

### → Next, in this order

- **Standing orders** — Take-profit, stop-loss, trailing stops, limit buys, and orders that fire when a token migrates. The first thing we build now the bot is open.

### ○ Later

- **Copy trading** — Mirror a wallet’s buys and sells, with your own size.

### ○ Exploring

- **Launchpad aggregator** — Tokens from other launchpads in the same chat. Being looked at, not built.
- **Web app terminal** — The same account in a browser, for charts and bigger screens. Being looked at, not built.
- **Multichain** — The same bot on more than one chain. Being looked at, not built, and nothing is committed to.


## The rest of the site

- [Docs](https://ponchobot.com/docs/): Everything Poncho publishes about how it works: launch costs, creator fees, the questions worth asking, what can go wrong, and the policies.
- [Launching on Pons](https://ponchobot.com/pons/): Launching a token on Pons costs 0.0005 ETH to Pons plus gas, and 0.001 ETH to Poncho on success. What it asks for, what is fixed forever, and the fields Pons does not document.
- [Creator fees](https://ponchobot.com/pons/): Your creator fee rate is fixed when the token is created; the payout wallet is not. How to claim, what Buyback & Lock and Reinvest do, and which two fields Pons leaves undocumented.
- [Questions](https://ponchobot.com/faq/): What Poncho charges, what the check before a buy misses, who holds the keys, and the questions we will not answer until they are confirmed against the code.
- [What this site collects](https://ponchobot.com/privacy/): No cookies, no local storage, nothing that follows you. Visits are counted with Cloudflare Web Analytics — no cookie, nothing stored on your device.
- [Risk](https://ponchobot.com/risk/): Total loss, honeypots, standing token approvals, sequencer downtime, what we hold and what it would take to lose it, and impersonation. A separate page because the risks are the most useful thing we can tell you.

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Canonical HTML: https://ponchobot.com/
Generated from the page it mirrors, at build time. Poncho is an independent product and is not affiliated with, endorsed by, or officially connected with Robinhood Markets, Inc. Nothing here is investment advice.
