How the fee works
There is no treasury contract, no staking, no yield and no clever tokenomics. There is one fee, set once, paid by the launchpad's own contract, and a person who moves it to Turning Point USA and publishes the receipt. This page describes exactly what each of those does, including the part that depends on trusting us.
The fee itself
$KIRK was launched on Pons, a launchpad on Robinhood Chain. A Pons launch takes two arguments that matter here: a creator fee in basis points, and the address that receives it. Both are written into the launch and are not editable afterwards — there is no owner function to point the fee somewhere else later.
The fee is charged in both directions, which is unusual and deliberate: a coin that only taxes buying earns nothing when it is falling, and the fund would be at its emptiest exactly when trading is at its heaviest.
Where the number on the front page comes from
“Fees paid to the fund” is not read from the fund wallet's balance. A balance is the wrong measurement — anyone can inflate it by sending ETH to the address, and it drops to nothing the moment a donation is paid out, which would make a fund that had donated everything look like a fund that had raised nothing.
Instead, the curve emits an event on every fill that includes the exact fee it just sent to the creator address. The site scans those events from the launch block and adds them up. That total only goes up, matches what the contract actually paid to the wei, and can be recomputed by anyone from the same public logs without asking us for anything.
If a scan cannot reach the current block — the public RPC rate-limits wide log queries — the site says so and treats the total as a floor rather than quietly reporting a smaller number as fact.
The part you have to trust
Turning Point USA does not accept ETH on Robinhood Chain. Nobody does, on that chain, for charitable giving. So the last step cannot be a contract: someone has to take the balance, convert it, send it, and prove they sent it.
That someone is this project's operator, and it is the single point where the system stops being trustless. We do not pretend otherwise. What we do instead is make the gap measurable: the site publishes what the contract has paid in, what has been sent out, and the difference between the two, on the same screen. If the fund is sitting on money it has not donated, that shows up as a number going up, not as silence.
Verify it without trusting the site
- Open the bonding curve on the explorer and read its events. Every buy and sell carries the fee that was paid to the creator address on that fill.
- Open the fund wallet on the explorer. Incoming transfers from the curve are the fees; outgoing transfers should correspond to the entries in the donation ledger.
- Ask Pons's factory which address the token pays, rather than believing this site. If the two ever disagree, the site says so at the top of the fund panel and follows the contract.
- Compare the ledger's references against TPUSA's own acknowledgements where they are public.
What happens if it graduates
Pons curves migrate to a Uniswap V4 pool once they have raised the graduation threshold. The creator fee survives the migration, so the fund keeps earning; the trade panel on this site hands you over to the pool at that point instead of quoting a curve that no longer exists.