PeoplePad's own token, launched as a Pons coin on Robinhood Chain. Fixed supply of 1,000,000,000. 10% of every PeoplePad coin's creator fees buys it on market and burns it.
Every coin pays its creator fees (the creator fee its launcher picked plus the creator share of the Pons base fee) to its own fee splitter. 90% belongs to the launcher, who claims it in ETH whenever they like, for as long as the coin trades.
Sent to the buyback contract, which has no owner and no withdraw. Its ETH can only buy $PEOPLEPAD, at most every 3 hours and at most 2% of the market's ETH depth or 2 ETH per buy. Everything bought goes to the dead address. PeoplePad takes no cut.